45 Cheap Apartments for rent in Hillsboro, OR

Last updated July 23 at 9:27am UTC
Sunset Crossing
17999 NW Evergreen Pky
Hillsboro, OR
Updated July 23 at 3:29am UTC
1 Bedroom
$1,266
2 Bedrooms
$1,335
3 Bedrooms
$1,973
Results within 1 miles of Hillsboro, OR
Clermont
1801 NW 143rd Ave
Oak Hills, OR
Updated July 23 at 3:29am UTC
1 Bedroom
$1,192
2 Bedrooms
$1,432
3 Bedrooms
Ask
Results within 5 miles of Hillsboro, OR
Cedar Crest
4800 SW Mueller Dr
Beaverton, OR
Updated July 23 at 3:29am UTC
1 Bedroom
$1,239
2 Bedrooms
$1,332
3 Bedrooms
$1,590
334 SE 4th, Unit H
Central Hillsboro
Hillsboro, OR
Updated July 7 at 4:02pm UTC
1 Bedroom
$895
2800 SW 185th Ave
Cooper Mountain - Aloha North
Beaverton, OR
Updated July 23 at 9:27am UTC
2 Bedrooms
$1,050
5820 SW Erickson Ave
Central Beaverton
Beaverton, OR
Updated July 21 at 5:13pm UTC
2 Bedrooms
$1,000
15052 NW Central Dr
Sommerset West - Elmonica North
Portland, OR
Updated July 22 at 5:12pm UTC
1 Bedroom
$1,200
16290 SW Shaw St
Cooper Mountain - Aloha North
Beaverton, OR
Updated July 20 at 1:20am UTC
2 Bedrooms
$1,095
12618 NW Barnes Rd
Cedar Hills - Cedar Mill
Portland, OR
Updated July 5 at 1:29am UTC
2 Bedrooms
$1,200
Results within 10 miles of Hillsboro, OR
1080 NW 123rd Ave
Cedar Hills - Cedar Mill
Portland, OR
Updated July 3 at 7:22pm UTC
2 Bedrooms
$1,195

July 2018 Hillsboro Rent Report

Welcome to the July 2018 Hillsboro Rent Report. Hillsboro rents increased over the past month. In this report, we'll evaluate trends in the Hillsboro rental market, including comparisons to cities throughout the state and nation.

View full Hillsboro Rent Report
Rent Report
Hillsboro

July 2018 Hillsboro Rent Report

Welcome to the July 2018 Hillsboro Rent Report. Hillsboro rents increased over the past month. In this report, we'll evaluate trends in the Hillsboro rental market, including comparisons to cities throughout the state and nation.

Hillsboro rents increased significantly over the past month

Hillsboro rents have increased 0.4% over the past month, but are down moderately by 1.6% in comparison to the same time last year. Currently, median rents in Hillsboro stand at $1,700 for a one-bedroom apartment and $2,000 for a two-bedroom. Hillsboro's year-over-year rent growth lags the state average of -1.1%, as well as the national average of 1.4%.

Rents rising across cities in the Portland Metro

While rent decreases have been occurring in the city of Hillsboro over the past year, cities in the rest of the metro are seeing the opposite trend. Rents have risen in 8 of the largest 10 cities in the Hillsboro metro for which we have data. Oregon as a whole logged rent growth of -1.1% over the past year. Here's a look at how rents compare across some of the largest cities in the metro.

  • Looking throughout the metro, Hillsboro is the most expensive of all Hillsboro metro's major cities, with a median two-bedroom rent of $2,000; of the 10 largest cities in the metro that we have data for, Portland, where a two-bedroom goes for $1,320, is the only other major city besides Hillsboro to see rents fall year-over-year (-3.1%).
  • Springfield, Vancouver, and Corvallis have all experienced year-over-year growth above the state average (3.7%, 3.1%, and 2.0%, respectively).

Many large cities nationwide show more affordable rents compared to Hillsboro

As rents have fallen moderately in Hillsboro, many large cities nationwide have seen prices increase, in some cases substantially. Compared to most large cities across the country, Hillsboro is less affordable for renters.

  • Hillsboro's median two-bedroom rent of $2,000 is above the national average of $1,180. Nationwide, rents have grown by 1.4% over the past year compared to the 1.6% decline in Hillsboro.
  • While rents in Hillsboro fell moderately over the past year, many cities nationwide saw increases, including Las Vegas (+4.9%), Phoenix (+2.3%), and Los Angeles (+1.6%).
  • Renters will generally find more expensive prices in Hillsboro than most large cities. For example, Phoenix has a median 2BR rent of $1,040, where Hillsboro is nearly twice that price.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Portland $1,120 $1,320 -0.3% -3.1%
Vancouver $1,390 $1,640 0.3% 3.1%
Gresham $1,400 $1,650 0.1% 1.4%
Hillsboro $1,700 $2,000 0.4% -1.6%
Beaverton $1,490 $1,760 0.7% 0.6%
Lake Oswego $1,670 $1,970 0.6% 0.4%
Tualatin $1,560 $1,840 -1.1% 0.8%
Wilsonville $1,490 $1,760 2.5% 5.0%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.