Cheap Homes for Rent in Hillsboro, OR from $1,200 (17 Rentals)

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Portland’s Best Affordable Neighborhoods

Learn about Portland and the best places to live with original content written by our Portland, OR Local Expert Chad Deitchley

Hillsboro, OR Local Guide

Cheapest Neighborhoods for Apartments in Hillsboro, OR

Pricing Updated: 04/17/2025

Current apartment rentals in the Hillsboro, OR area range in price from $850 to $7,440 with an overall median price of $3,163. The three Hillsboro neighborhoods with the lowest median rent pricing are West Hillsboro at $1,425, Tanasbourne at $1,202, and Southeast Hillsboro at $1,449. Here is today’s list of the top 5 neighborhoods with the lowest median pricing for Hillsboro Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
West Hillsboro$2,373$1,4251
Tanasbourne$3,090$1,202352
Southeast Hillsboro$3,417$1,449184
Downtown Hillsboro$3,469$85077
Orenco Station$3,469$900167

Cheapest Available Hillsboro Apartments for Rent

 

The cheapest available apartment rental in Hillsboro, OR is a Studio unit found at Rock Creek 185 in the Northwest Portland neighborhood priced from $1,202. Gateway Commons in the Oakhurst South neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,221. Here is today’s list of the most affordable Hillsboro apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rock Creek 185E1Studio,1BA$1,202
Gateway Commons1 Bedroom 1 Bathroom LIHTC 60% MFI1BR,1BA$1,221
Merlo StationTwo-Bedroom2BR,1BA$1,235
Covington Square Apartments1x1 1st Floor1BR,1BA$1,245
Brentwood Oaks1 Bedroom 1 Bath1BR,1BA$1,249

Best Value Apartments for Rent in Hillsboro, OR

As of April 17, 2025 the best value apartment in the Hillsboro area is the $1.74 price per square foot Jacquard Model at The Colonnade Luxury Townhome Apartments in the in the Triple Creek neighborhood starting from $2,425. The second greatest value Hillsboro apartment is the 2 Bed/2.5 Bath Model at Sunset Crossing starting at $2,155 with a $1.66 price per square foot in the Northwest Portland neighborhood. Here is today’s list of the best values for Hillsboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Colonnade Luxury Townhome ApartmentsJacquard2BR,2BA$1.74
Sunset Crossing2 Bed/2.5 Bath2BR,2.5BA$1.66
ReNew Rock CreekRanch Duplex 2x1 with Attached Garage2BR,1BA$1.74
Merlo StationThree-Bedroom3BR,2BA$1.55
Greenbrier at Tanasbourne2x22BR,2BA$1.72
Quatama Village Apartments2 Bedroom, 2 Bathroom2BR,2BA$1.63
Stillwater Apartments2 Bed 2 Bath2BR,2BA$1.71
Amber Court Apartments2 bedroom 2 bath2BR,2BA$1.69
Reedville Commons1x1 790 SF1BR,1BA$1.80
Gateway Commons1 Bedroom 1 Bathroom LIHTC 60% MFI1BR,1BA$1.74

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Frequently Asked Questions about Hillsboro

What type of rentals are currently available in Hillsboro?

There are currently 303 Apartments for Rent in Hillsboro, OR with pricing that ranges from $850 to $7,440. There are also 87 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hillsboro ranging from $1,250 to $8,500.

What is the current price range for Rental Homes in Hillsboro?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hillsboro ranges from $1,250 to $8,500 with an average monthly rent of $2,486.

How much are larger Three and Four Bedroom Rentals in Hillsboro?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Hillsboro range from $1,567 to $7,440, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,895 to $8,500. Four Bedroom Single-Family rentals are also available starting from $2,250 and Four Bedroom Apartments start at $2,650.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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A Portland Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent

Written by: Chad Deitchley

As your ApartmentHomeLiving.com Local Expert for Portland, Oregon, I’d like to briefly introduce myself. My name is Chad, and I come to the ApartmentHomeLiving.com team after living in Portland for decades.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants

Written by: Christine Leonard, Esq.

Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.