Homes & Apartments for Rent in Hillsborough, NC 27278

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What to Know About

Life in Hillsborough & Beyond

Hillsborough shares many of the great qualities that make North Carolina a desirable place to live.

North Carolina is diverse, with coastal beaches and mountainous regions, creating a one-of-a-kind experience. North Carolina is known for its beautiful landscapes, including the Blue Ridge Mountains, Great Smoky Mountains, and Outer Banks, as well as popular tourist destinations like the North Carolina Zoo and USS North Carolina Battleship Memorial. The state is home to several major universities, including North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. It also offers historic sites like the Biltmore Estate and Wright Brothers National Memorial.

There is a strong sports culture in North Carolina, with popular teams including the Carolina Panthers (NFL), Carolina Hurricanes (NHL), and Charlotte Hornets (NBA) and a rabid college sports scene. North Carolina also has a vibrant arts and theater scene, with some of the country's most prestigious performance venues, like the Durham Performing Arts Center and the Blumenthal Performing Arts Center.

With an affordable cost of living, abundant job opportunities, high quality of life, stunning natural beauty, top-notch education, and a wealth of cultural offerings, North Carolina is a top choice for many looking for a great place to live.

Rental Market Trends

Hillsborough, NC

As of October 2026, Hillsborough's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Hillsborough's average rent is 3.1% ($47) lower than the North Carolina average of $1,507 and 19.7% ($359) lower than the U.S. average of $1,819.

Average Rent
$1,460
Monthly ChangeMonth Over Month Change
Decreased1.7% ($25)
Yearly ChangeYear Over Year Change
Decreased10.4% ($170)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,193 Decreased2.3% ($28) Decreased10.5% ($140)
2 Beds $1,362 Decreased1.4% ($20) Decreased8.8% ($131)
3 Beds $1,762 Decreased0.7% ($13) Decreased6.7% ($127)
Nearby Cities Average Rent Avg. Rent vs. HillsboroughAverage Rent vs. Hillsborough Avg. Days on MarketAverage Days on Market
Durham $1,601 Increased9.7% ($141) 34 days
Carrboro $1,237 Decreased15.3% ($223) 26 days
Chapel Hill $1,731 Increased18.6% ($271) 30 days
Mebane $1,338 Decreased8.4% ($122) 32 days
Haw River $1,610 Increased10.3% ($150) 30 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Hillsborough Rental Market FAQs

Explore rental prices, market conditions, and affordability in Hillsborough, NC.

The average rent in Hillsborough, NC is $1,460 per month.
In Hillsborough, the average rent for a 1-bedroom home is $1,193 per month, for a 2-bedroom home, $1,362 per month, and a 3-bedroom home is $1,762 per month.
The average rent in Hillsborough is 19.7% ($359) lower than the national average of $1,819 per month.
The rental market in Hillsborough, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
Based on the current averages, a household would need an annual income of $54,480 to comfortably afford a 2-bedroom home in Hillsborough.
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