
Cheap Apartments for Rent in Hillsboro, IA from $500 (38 Rentals)
Search the lowest-cost Apartments available for rent right now in Hillsboro.


510 Wapello St S

61 Midtown Ln

Park Madison Apartments

Riverbend 3306-3500 Steamboat Way

The Burlington Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Summer Street Apartments

School House Apartments

Urbane424 Apartments

River Ridge 2301-2325 University Drive

Cobblestone Apartments

Orchard Lane Apartments

Stonegate Village Apartments

Sycamore Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Uptown Village Apartments

609 N Garfield Ave

304 S 2nd St

2545 N Co Rd 1740

607 NE 3rd Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1218 Cedar St

102 W 2nd St

121 S Ash St

23 S Lincoln St

14876 Washington Rd

605 W 3rd St

906 S 5th St

2901 E Main St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

211 W 7th St

116 N 5th St

1545 Aber Ave

1121 Logan St

314 N Washington St
Hillsboro, IA Local Guide

How much does it cost to rent an apartment in Hillsboro?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Hillsboro Studio Apartments | $993 | $825 | $1,200 |
Hillsboro 1 Bedroom Apartments | $940 | $615 | $1,650 |
Hillsboro 2 Bedroom Apartments | $1,134 | $620 | $1,700 |
Hillsboro 3 Bedroom Apartments | $1,235 | $650 | $3,300 |
Hillsboro 4 Bedroom Apartments | $1,464 | $1,000 | $2,800 |
Browse Top Apartments in Hillsboro
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Hillsboro, IA Local Guide
- Nearby Cities
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- School Districts
Cheapest Available Hillsboro Apartments for Rent and Nearby
 The cheapest available apartment rental in Hillsboro, IA is a 2 Beds unit found at 510 Wapello St S priced from $595. Park Madison Apartments in the Ginger Ridge neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Hillsboro apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
510 Wapello St S | Unit 67 | 2BR,1BA | $595 |
Park Madison Apartments | 1BR/1BA | 1BR,1BA | $700 |
Green Gable Cottages | Green Gable - Memorial Park Rd | 1BR,1BA | $750 |
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $760 |
The Burlington Apartments | 1BR/1BA | 1BR,1BA | $795 |
School House Apartments | 1 Bedroom and 1 Bath | 1BR,1BA | $800 |
Louden Lofts | Two Bedroom | 2BR,2BA | $800 |
MAPLE PLACE APARTMENTS | 3 Bed 1 Bath Townhome | 3BR,1BA | $820 |
Urbane424 Apartments | S3 - Studio / 1 Bath | Studio,1BA | $825 |
Orchard Lane Apartments | 2BR/1.0BA | 2BR,1BA | $850 |
Best Value Apartments for Rent in Hillsboro, IA and Nearby
As of June 06, 2025 the best value apartment in the Hillsboro area is the $0.89 price per square foot Churchill Lofts - 316 Model at Churchill Lofts in the in the Ginger Ridge neighborhood starting from $1,498. The second greatest value Hillsboro apartment is the The Harmon Model at Washington Apartments starting at $1,043 with a $1.09 price per square foot . Here is today’s list of the best values for Hillsboro apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Churchill Lofts | Churchill Lofts - 316 | 2BR,1BA | $0.89 |
Washington Apartments | The Harmon | 2BR,1BA | $1.09 |
MAPLE PLACE APARTMENTS | 3 Bed 1 Bath Townhome | 3BR,1BA | $0.87 |
Blaul Lofts | Blaul Lofts - 312 | 1BR,1BA | $0.98 |
School House Apartments | 1 Bedroom and 1 Bath | 1BR,1BA | $0.89 |
Orchard Lane Apartments | 2BR/1.0BA | 2BR,1BA | $0.96 |
Louden Lofts | Two Bedroom | 2BR,2BA | $1.00 |
Park Madison Apartments | 1BR/1BA | 1BR,1BA | $0.93 |
Tisdale Apartments | 2 Bedroom | 2BR,1BA | $1.09 |
510 Wapello St S | Unit 38 | 2BR,1BA | $0.95 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Hillsboro, IA
Walk Score®
3 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
25 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Hillsboro Apartments
What is the Cheapest Studio apartment in Hillsboro?
Currently the most affordable Cheap Studio Apartment in Hillsboro is at Urbane424 Apartments listed at $825.
How much is rent for a Cheap One Bedroom Hillsboro Apartment?
The lowest price for a Cheap One Bedroom Hillsboro Apartment is $700 at Park Madison Apartments.
What is the lowest price for a Cheap Two Bedroom Hillsboro Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hillsboro is starting from $641 at 510 Wapello St S.
What is the most affordable Hillsboro Three Bedroom Apartment?
The best deal on a cheap Hillsboro Three Bedroom Apartment rental is at 510 Wapello St S and starts from $799.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.