Last updated
Average Rent in Hillsboro 97124 & Rent Trends
Rent prices and market trends across 6 apartment communities in Hillsboro 97124, Hillsboro, OR. Updated daily.
Market Average
$1,920/mo
▼ 0.5% from last month
Lowest Available
$1,588/mo
cheapest unit on market
Communities
6
tracked daily
Units Listed
52
available now
Price Cuts This Week in Hillsboro 97124
23 listed units across 3 buildings in Hillsboro 97124 dropped their asking rent in the past 7 days, an average cut of $81/mo. These are the largest cuts, tracked unit by unit with daily price checks.
| Apartment | Unit | Last Week | Now | Cut |
|---|---|---|---|---|
| Nexus at Orenco Station | Unit A411, Haven | $2,062 | $1,916 | $146 |
| Nexus at Orenco Station | Unit A424, Haven | $2,132 | $1,986 | $146 |
| Nexus at Orenco Station | Unit B208, Haven | $1,937 | $1,791 | $146 |
| Nexus at Orenco Station | Unit B314, Haven | $2,047 | $1,901 | $146 |
| Nexus at Orenco Station | Unit D208, Haven | $2,067 | $1,921 | $146 |
| Nexus at Orenco Station | Unit D217, Hideout | $1,997 | $1,851 | $146 |
| Nexus at Orenco Station | Unit D322, Hideout | $2,062 | $1,916 | $146 |
| Nexus at Orenco Station | Unit G202, Haven | $2,052 | $1,906 | $146 |
Hillsboro 97124 vs Hillsboro, OR Average
Hillsboro 97124 is more expensive than the Hillsboro, OR average by $62/mo (3%). The citywide average is $1,858/mo across all neighborhoods.
Is Rent Going Up or Down in Hillsboro 97124?
As of August 2026, the average rent in Hillsboro 97124 is $1,920 per month across 6 apartment communities and 52 available units. Rents have decreased $10 (0.5%) over the past month.
The most affordable option is Nexus at Orenco Station starting at $1,588/mo. By unit type, a studio averages $1,621/mo, a 1-bedroom averages $1,726/mo, a 2-bedroom averages $1,917/mo, a 3-bedroom averages $2,217/mo.
Prices range from $1,588 to $3,075 per month. The most common price point is the $1,600 range, where 24 units are currently listed.
Hillsboro 97124 Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| May 2026 | $2,039 | - | 5 |
| June 2026 | $2,019 | -$20 | 5 |
| July 2026 | $1,957 | -$62 | 6 |
| August 2026 | $1,926 | -$31 | 6 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Hillsboro 97124
Rent Prices by Apartment in Hillsboro 97124
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Nexus at Orenco Station | $1,588/mo | $1,870/mo | 21 | 4 |
| Haven Apartments at Orenco Station | $1,650/mo | $2,069/mo | 9 | 4.1 |
| Jackson School Village Apartments | $1,683/mo | $1,858/mo | 16 | 3.7 |
| Tessera at Orenco Station | $1,711/mo | $1,711/mo | 1 | 4.4 |
| The Grove at Orenco Station | $1,915/mo | $1,983/mo | 2 | 4 |
| Windsor Properties Ltd | $2,100/mo | $2,192/mo | 3 | 3.7 |
Frequently Asked Questions About Rent in Hillsboro 97124
What is the average rent in Hillsboro 97124?
Is rent going up or down in Hillsboro 97124?
What is the cheapest apartment in Hillsboro 97124?
How much is a 1-bedroom apartment in Hillsboro 97124?
How many apartments are available in Hillsboro 97124?
What salary do I need to live comfortably in Hillsboro 97124?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$77,000/year
Based on the 30 percent rule, using our tracked average rent of $1,920/mo.
Comfortable income
$92,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($1,588/mo), you need to earn at least $64,000/year.
Median household income in Hillsboro 97124 is $103,207 , about 12% above the comfortable-living threshold.
Cost of living in Hillsboro 97124
Overall prices in Hillsboro 97124 runs above the national average by about 7% (BEA Regional Price Parity index 106.7, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Hillsboro 97124's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $1,920 |
| Utilities | $537 |
| Groceries | $566 |
| Transportation | $1,279 |
| Healthcare | $624 |
| Other goods and services | $998 |
| Estimated total | $5,924/mo |
Population
107,050
Median household income
$103,207
Census median rent
$1,896/mo
Rent as % of income
28.0%
Median age
34.8
Mean commute
23 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Hillsboro 97124 Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Hillsboro 97124 Apartments
Browse all 6 communities with daily-updated pricing and availability.