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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

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As of November 2026, Hillsborough's rental market is competitive, with rentals spending about 29 days on the market, faster than in North Carolina (32), and rents down 3.3% over the past year. Hillsborough's average rent is 5.8% ($101) lower than the North Carolina average of $1,747 and 19.2% ($390) lower than the U.S. average of $2,036.

Average Rent
$1,646
Monthly ChangeMonth Over Month Change
Decreased0.57% ($9)
Yearly ChangeYear Over Year Change
Decreased3.3% ($55)
Days on Market
29
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,343 Increased0.04% ($1) Increased1.9% ($25)
2 Beds $1,471 Decreased0.58% ($9) Decreased3.4% ($51)
3 Beds $2,026 Decreased0.58% ($12) Decreased2.2% ($46)
Nearby Cities Average Rent Avg. Rent vs. HillsboroughAverage Rent vs. Hillsborough Days on Market
Efland $1,466 Decreased10.9% ($180) 30 days
Durham $1,699 Increased3.2% ($53) 42 days
Carrboro $1,377 Decreased16.3% ($269) 32 days
Chapel Hill $1,923 Increased16.8% ($277) 20 days
Mebane $1,463 Decreased11.1% ($183) 24 days
Based on rentals advertised on RentalSource in and around Hillsborough.
Frequently Asked Questions
Hillsborough Rental Market FAQs

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

The average rent in Hillsborough, NC is $1,646 per month.
In Hillsborough, the average rent is about $1,343 per month for a 1-bedroom home, $1,471 for a 2-bedroom home and about $2,026 for a 3-bedroom home.
The average rent in Hillsborough is 19.2% ($390) lower than the national average of $2,036 per month.
The rental market in Hillsborough, NC is currently competitive, with rentals spending about 29 days on the market, faster than in North Carolina (32), and rents down 3.3% over the past year.
Based on the current averages, a household would need an annual income of $58,800 to comfortably afford a 2-bedroom home in Hillsborough.
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