Homes & Apartments 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 July 2026, Hillsborough's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Hillsborough's average rent is 2.8% ($41) higher than the North Carolina average of $1,462 and 16.1% ($289) lower than the U.S. average of $1,792.

Average Rent
$1,503
Monthly ChangeMonth Over Month Change
Decreased0.5% ($8)
Yearly ChangeYear Over Year Change
No change
Avg. Days on MarketAverage Days on Market
26
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,250 Increased2.5% ($31) Increased2% ($25)
2 Beds $1,411 Decreased0.1% ($2) Increased1.1% ($16)
3 Beds $1,969 Increased1.7% ($33) Increased6% ($112)
Nearby Cities Average Rent Avg. Rent vs. HillsboroughAverage Rent vs. Hillsborough Avg. Days on MarketAverage Days on Market
Durham $1,641 Increased9.2% ($138) 29 days
Chapel Hill $1,741 Increased15.8% ($238) 28 days
Carrboro $1,283 Decreased14.6% ($220) 30 days
Mebane $1,474 Decreased1.9% ($29) 32 days
Haw River $1,528 Increased1.7% ($25) 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 $1,503 per month.
Homes in Hillsborough typically rent for between $875 and $2,560 per month, with an average of $1,503 per month.
In Hillsborough, the average rent for a 1-bedroom home is $1,250 per month, for a 2-bedroom home, $1,411 per month, and a 3-bedroom home is $1,969 per month.
The average rent in Hillsborough is 16.1% ($289) lower than the national average of $1,792 per month.
The average rent in Hillsborough has decreased by 0.5% ($8) in the last month and remained stable 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 15 rental properties available in Hillsborough, NC.
Based on the current averages, a household would need an annual income of $56,440 to comfortably afford a 2-bedroom home in Hillsborough.
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