Homes for Rent in Hillsborough, NC

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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 June 2025, Hillsborough's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Hillsborough's average rent is 0.8% ($12) higher than the North Carolina average of $1,567 and 11.5% ($205) lower than the U.S. average of $1,784.

Average Rent
$1,579
Monthly ChangeMonth Over Month Change
Decreased0.9% ($15)
Yearly ChangeYear Over Year Change
Increased6% ($90)
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,294 Decreased4.4% ($60) Increased1% ($13)
2 Beds $1,513 Increased0.5% ($8) Increased4.9% ($70)
3 Beds $1,962 Increased4% ($75) Increased6.6% ($122)
Nearby Cities Average Rent Avg. Rent vs. HillsboroughAverage Rent vs. Hillsborough Avg. Days on MarketAverage Days on Market
Durham $1,693 Increased7.2% ($114) 29 days
Chapel Hill $2,072 Increased31.2% ($493) 28 days
Carrboro $1,543 Decreased2.3% ($36) 30 days
Mebane $1,553 Decreased1.6% ($26) 32 days
Haw River $1,683 Increased6.6% ($104) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Hillsborough Rental Market FAQs

Explore rental prices, market trends, and availability in Hillsborough, NC.

The average rent in Hillsborough, NC is $1,579 per month.
Homes in Hillsborough typically rent for between $906 and $2,551 per month, with an average of $1,579 per month.
In Hillsborough, the average rent for a 1-bedroom home is $1,294 per month, for a 2-bedroom home, $1,513 per month, and a 3-bedroom home is $1,962 per month.
The average rent in Hillsborough is 11.5% ($205) lower than the national average of $1,784 per month.
The average rent in Hillsborough has decreased by 0.9% ($15) in the last month and increased by 6.0% ($90) over the past year.
The rental market in Hillsborough, NC, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Hillsborough, NC, 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 12 rental properties available in Hillsborough, NC.
Based on the current averages, a household would need an annual income of $60,520 to comfortably afford a 2-bedroom home in Hillsborough.
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