New Jersey is known for its beaches along the Jersey Shore to some of the most iconic landmarks in the nation, such as the Liberty Bell, the Statue of Liberty, and Ellis Island. From the bustling streets of Newark to the picturesque shorelines of Cape May, New Jersey is a state unlike any other. Discover its dynamic culture and rich heritage by visiting iconic landmarks like Liberty State Park and the Ellis Island National Museum of Immigration. And for those seeking knowledge, New Jersey is home to renowned universities like Rutgers University and Princeton University.

Whether you're an outdoor enthusiast or a sports fan, New Jersey has plenty to offer, including the New York Giants (NFL), New York Jets (NFL), New Jersey Devils (NHL), and the New Jersey Nets (NBA). Enjoy the beautiful coastline by fishing, surfing, or sailing, and hit the slopes of nearby mountains. Make sure to visit famous attractions like the Atlantic City Boardwalk, the Camden Waterfront, and the historic town of Cape May.

A state that never stops moving, New Jersey is a melting pot of cultures, experiences, and opportunities waiting to be experienced, making it a great place to call home.

Rental Market Trends

Hillsborough, NJ

As of April 2026, Hillsborough's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Hillsborough's average rent is 17.3% ($421) lower than the New Jersey average of $2,436 and 12.7% ($227) higher than the U.S. average of $1,788.

Average Rent

$2,015

Monthly ChangeMonth Over Month Change

12.8% ($296)

Yearly ChangeYear Over Year Change

9% ($167)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,811	4% ($69)	3.1% ($54)
2 Beds	$2,225	2.9% ($62)	0.8% ($18)
3 Beds	$2,935	2.6% ($78)	11.6% ($384)

Nearby Cities	Average Rent	Avg. Rent vs. HillsboroughAverage Rent vs. Hillsborough	Avg. Days on MarketAverage Days on Market
Somerville	$2,697	33.8% ($682)	37 days
Skillman	$3,003	49% ($988)	39 days
Somerset	$2,538	26% ($523)	38 days
Bridgewater	$2,346	16.4% ($331)	40 days
South Bound Brook	$2,479	23% ($464)	41 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, NJ.

What is the average rent in Hillsborough, NJ?

The average rent in Hillsborough, NJ is $2,015 per month.

What is the rental price range for homes in Hillsborough, NJ?

Homes in Hillsborough typically rent for between $1,268 and $3,816 per month, with an average of $2,015 per month.

What is the average rent for different bedroom sizes in Hillsborough, NJ?

In Hillsborough, the average rent for a 1-bedroom home is $1,811 per month, for a 2-bedroom home, $2,225 per month, and a 3-bedroom home is $2,935 per month.

How do rent prices in Hillsborough, NJ compare with the national average?

The average rent in Hillsborough is 12.7% ($227) higher than the national average of $1,788 per month.

How have rent prices in Hillsborough, NJ changed recently?

The average rent in Hillsborough has decreased by 12.8% ($296) in the last month and increased by 9.0% ($167) over the past year.

How competitive is the rental market in Hillsborough, NJ?

The rental market in Hillsborough, NJ, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Hillsborough, NJ?

In Hillsborough, NJ, the average rental stays on the market for approximately 36 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Hillsborough, NJ?

There are currently 3 rental properties available in Hillsborough, NJ.

Can I afford to rent a home in Hillsborough, NJ?

Based on the current averages, a household would need an annual income of $89,000 to comfortably afford a 2-bedroom home in Hillsborough.