Landlord Resources
How to Get a Loan for a Rental Property
Rental property loans differ from traditional mortgages, needing larger down payments, higher interest rates, and reserves, often disregarding projected rental income.
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What to Know About
Life in Hillsboro & Beyond
Hillsboro shares many of the great qualities that make Missouri a desirable place to live.
Missouri, nicknamed the "Show-Me State," is where rich history meets modern-day adventure. From the rolling hills, fertile farmland, and scenic rivers to bustling cities, Missouri offers diverse cultural experiences and breathtaking elegance. See the state's storied past by visiting iconic landmarks like the Missouri History Museum and Mark Twain Boyhood Home & Museum. This place is a haven for students, with highly esteemed universities like the University of Missouri and Missouri State University. Missouri's economy is strong, built on a foundation of industries like agriculture, manufacturing, and technology.
The state offers a diverse range of experiences for outdoor enthusiasts, from breathtaking hikes in the Ozark Mountains to leisurely floats down the Missouri River. The state has a strong sports culture with popular teams such as the Kansas City Chiefs (NFL), St. Louis Blues (NHL), and St. Louis Cardinals (MLB). Take advantage of famous attractions like the Gateway Arch, the Kansas City Zoo, the Katy Trail State Park, and the historic town of Hermann.
Missouri is a great place to live, boasting a friendly and welcoming atmosphere, plenty of job opportunities, and exciting attractions.
Rental Market Trends
Hillsboro, MO
As of June 2026, Hillsboro's rental market is stable, offering a predictable rental market where most units lease within a few weeks. Hillsboro's average rent is 15.9% ($185) lower than the Missouri average of $1,163 and 45.6% ($819) lower than the U.S. average of $1,797.
Average Rent
$978
Monthly ChangeMonth Over Month Change
12.5% ($109)
Yearly ChangeYear Over Year Change
3.6% ($36)
Avg. Days on MarketAverage Days on Market
45
| Unit Type | Average Rent | Monthly ChangeMonth Over Month Change | Yearly ChangeYear Over Year Change |
|---|---|---|---|
| 1 Bed | $849 | 6.4% ($51) | 4.8% ($43) |
| 2 Beds | $1,006 | 8.4% ($78) | 3.1% ($32) |
| 3 Beds | $1,403 | 11.3% ($142) | 2.6% ($38) |
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Hillsboro Rental Market FAQs
Explore rental prices, market trends, and availability in Hillsboro, MO.
The average rent in Hillsboro, MO is $978 per month.
Houses in Hillsboro typically rent for between $600 and $1,824 per month, with an average of $978 per month.
In Hillsboro, the average rent for a 1-bedroom house is $849 per month, for a 2-bedroom house, $1,006 per month, and a 3-bedroom house is $1,403 per month.
The average rent in Hillsboro is 45.6% ($819) lower than the national average of $1,797 per month.
The average rent in Hillsboro has increased by 12.5% ($109) in the last month and decreased by 3.6% ($36) over the past year.
The rental market in Hillsboro, MO, is currently stable, offering a predictable rental market where most units lease within a few weeks.
In Hillsboro, MO, the average rental stays on the market for approximately 45 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 5 rental properties available in Hillsboro, MO.
Based on the current averages, a household would need an annual income of $40,240 to comfortably afford a 2-bedroom house in Hillsboro.
