Hillsboro, OR Rental Market
Hillsboro is the technological epicenter of Oregon's Silicon Forest, anchored by Intel's massive semiconductor fab campus — one of the largest in the United States with over 20,000 employees — and positioned adjacent to Nike's World Campus in neighboring Beaverton. The density of high-income tech employment in a relatively small geographic footprint creates one of the strongest per-capita rental demand environments in the Pacific Northwest, regularly producing some of the region's fastest absorption rates.
Get a rent estimate for an address in HillsboroAverage Rent in Hillsboro, OR
$1,700
per month · 2026-06
Market Score
Key Facts — Hillsboro, OR Rental Market
- Average rent in Hillsboro, OR:$1,700/mo
- Median rent:$1,564/mo
- Rent range:$850 – $3,750/mo
- Most common rental (2 bedrooms):$1,500/mo
- Active listings:580
- Avg days to lease:26 days
- Year-over-year change:+3.2%
- Median home value:$470,000
- Est. gross annual yield:4.3%
- Data as of:2026-06
Rent by Bedroom in Hillsboro, OR
Average monthly rent for each bedroom type based on current active listings in Hillsboro.
| Bedroom Type | Avg Rent/mo |
|---|---|
1 Bedroom | $1,225/mo |
2 Bedrooms | $1,500/mo |
3 Bedrooms | $1,900/mo |
4 Bedrooms | $2,350/mo |
5 Bedrooms | $2,700/mo |
Hillsboro Rental Market Statistics
Key indicators from the current Hillsboro, OR rental market.
580
Available now in Hillsboro
26
From list to lease
$1.26
Average across listings
1,350 sq ft
Typical rental size
$850 – $3,750
Min to max active listings
+3.2%
Avg rent vs. prior year
Investing in Hillsboro, OR Rental Properties
Estimated returns based on current market rents and median home values. Perform full due diligence before investing.
Median Home Value
$470,000
Typical purchase price in Hillsboro
Est. Gross Annual Yield
4.3%
Before expenses & vacancy
Avg Monthly Income
$1,700
At average market rent
Gross yield = (avg rent × 12) ÷ median home value. Does not include expenses, financing, vacancies, or management fees. Analyze a specific property in Hillsboro for a full cash-flow breakdown including all costs.
Hillsboro, OR Rental Market FAQ
Common questions about renting and investing in Hillsboro, OR.
What is the average rent in Hillsboro, OR?
The average rent in Hillsboro, OR is $1,700 per month as of 2026. One-bedroom apartments average $1,225/mo, two-bedrooms average $1,500/mo, and three-bedroom homes average $1,900/mo. Properties near Intel's campus and the MAX Red Line terminus in Hillsboro command the highest rents, while South Hillsboro's newer master-planned communities offer premium new construction rentals for tech-sector families.
Is Hillsboro, OR a good place to invest in rental property?
Hillsboro offers a 4.3% estimated gross yield with 3.2% year-over-year rent growth, anchored by Intel's 20,000+ employee campus — the dominant employer in Washington County. Intel expansion announcements regularly create waves of new hiring that directly translate to rental demand spikes. The MAX Red Line terminus here provides strong transit access to Portland, broadening the tenant base beyond Intel-dependent workers.
How competitive is the Hillsboro, OR rental market?
Hillsboro averages 26 days on market with approximately 580 active listings — one of the faster absorption rates in the Portland metro. Intel hiring cycles create identifiable demand waves, particularly when expansion announcements bring large cohorts of relocating engineers. South Hillsboro's new master-planned communities and properties near Orenco Station (the MAX Red Line stop) routinely receive multiple applications, especially for 2- and 3-bedroom units.
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