Homes for Rent in 97123

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What to Know About

Life in Hillsboro & Beyond

Hillsboro shares many of the great qualities that make Oregon a desirable place to live.

Oregon is where stunning landscapes meet majestic mountains. Immerse yourself in the state's rich history and heritage by visiting the Oregon Museum of Science and Industry, the Portland Art Museum, and the Oregon Historical Society. Or further your education at top-ranked universities like the University of Oregon and Oregon State University. Oregon's diverse and growing economy, driven by technology, agriculture, and tourism, offers ample employment opportunities.

The state offers a rich landscape for outdoor enthusiasts, from skiing in the Cascade Mountains and hiking the Columbia River Gorge to exploring the rugged Oregon Coast. Sports fans can also cheer for the Portland Trail Blazers (NBA) or take in a game at Autzen Stadium or Moda Center. Discover famous attractions like the International Rose Test Garden, Powell's City of Books, and the breathtaking Crater Lake National Park. And remember to take in the spectacular views of the Oregon Coast, which stretches for 363 miles along the Pacific Ocean.

With its scenic natural wonders, vibrant culture, and endless opportunities for adventure, Oregon is the perfect place to call home.

Rental Market Trends

Hillsboro, OR

As of July 2025, Hillsboro's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Hillsboro's average rent is 27.7% ($458) higher than the Oregon average of $1,656 and 19.1% ($339) higher than the U.S. average of $1,775.

Average Rent
$2,114
Monthly ChangeMonth Over Month Change
Increased3.5% ($71)
Yearly ChangeYear Over Year Change
Decreased3.7% ($82)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,441 Decreased3.5% ($53) Decreased17.1% ($297)
2 Beds $1,921 Increased3.4% ($63) Decreased2.6% ($52)
3 Beds $2,565 Increased4.4% ($109) Decreased5.2% ($142)
Nearby Cities Average Rent Avg. Rent vs. HillsboroAverage Rent vs. Hillsboro Avg. Days on MarketAverage Days on Market
Cornelius $1,822 Decreased13.8% ($292) 28 days
Beaverton $1,624 Decreased23.2% ($490) 30 days
Sherwood $2,169 Increased2.6% ($55) 30 days
Newberg $1,939 Decreased8.3% ($175) 30 days
Portland $1,446 Decreased31.6% ($668) 33 days
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, OR.

The average rent in Hillsboro, OR is $2,114 per month.
Homes in Hillsboro typically rent for between $1,009 and $3,335 per month, with an average of $2,114 per month.
In Hillsboro, the average rent for a 1-bedroom home is $1,441 per month, for a 2-bedroom home, $1,921 per month, and a 3-bedroom home is $2,565 per month.
The average rent in Hillsboro is 19.1% ($339) higher than the national average of $1,775 per month.
The average rent in Hillsboro has increased by 3.5% ($71) in the last month and decreased by 3.7% ($82) over the past year.
The rental market in Hillsboro, OR, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Hillsboro, OR, the average rental stays on the market for approximately 26 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 107 rental properties available in Hillsboro, OR.
Based on the current averages, a household would need an annual income of $76,840 to comfortably afford a 2-bedroom home in Hillsboro.
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