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Rent in Hillsboro, OR

Across Hillsboro's 3 ZIP codes, a 2-bedroom typically rents for about $1,878 a month, with figures from $1,619–$2,029. The highest typical rent is in 97124 ($2,029) and the lowest in 97123 ($1,619). 2 ZIPs have ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Washington County pay about 0.84% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.

Rent by bedrooms

Typical monthly rent in Hillsboro, OR by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,527$1,527–$1,7383
1 bed$1,633$1,384–$1,8063
2 beds$1,878$1,619–$2,0293
3 beds$2,480$2,308–$2,5503
4 beds$2,666$2,528–$3,0693

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).

Hillsboro ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Hillsboro, OR?
About $1,878 a month: the median of the typical rents in 3 ZIP codes, which range from $1,619–$2,029. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Hillsboro, OR?
About $1,633 a month: the median of the typical rents in 3 ZIP codes, which range from $1,384–$1,806. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Hillsboro, OR?
About $2,480 a month: the median of the typical rents in 3 ZIP codes, which range from $2,308–$2,550. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Hillsboro, OR?
About $1,527 a month: the median of the typical rents in 3 ZIP codes, which range from $1,527–$1,738. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Hillsboro, OR?
About $2,666 a month: the median of the typical rents in 3 ZIP codes, which range from $2,528–$3,069. Figures are gross rent (rent plus tenant-paid utilities).
Which Hillsboro ZIP code has the highest rent?
For a 2-bedroom, 97124 has the highest typical rent at $2,029 a month, and 97123 the lowest at $1,619.
What is the property tax rate in Hillsboro, OR?
Owner-occupied homes in Washington County pay a typical 0.84% 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 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Hillsboro rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).