Rent in Hillsborough, NC
A 2-bedroom in Hillsborough, NC (ZIP 27278) typically rents for about $1,254 a month, with a range of $1,254–$1,745. Owner-occupied homes in Orange County pay about 0.91% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,498 | $1,498 | 1 |
| 1 bed | $870 | $870–$1,554 | 1 |
| 2 beds | $1,254 | $1,254–$1,745 | 1 |
| 3 beds | $1,408 | $1,408–$2,161 | 1 |
| 4 beds | $2,486 | $2,486 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
Hillsborough ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Hillsborough, NC?
- About $1,254 a month: the median of the typical rents in 1 ZIP code, which range from $1,254–$1,745. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Hillsborough, NC?
- About $870 a month: the median of the typical rents in 1 ZIP code, which range from $870–$1,554. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Hillsborough, NC?
- About $1,408 a month: the median of the typical rents in 1 ZIP code, which range from $1,408–$2,161. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Hillsborough, NC?
- About $1,498 a month: the median of the typical rents in 1 ZIP code, which range from $1,498. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Hillsborough, NC?
- About $2,486 a month: the median of the typical rents in 1 ZIP code, which range from $2,486. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Hillsborough, NC?
- Owner-occupied homes in Orange County pay a typical 0.91% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Hillsborough rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).