
Cheap Homes for Rent in Hillsboro, IA from $600 (14 Rentals)
Search the lowest-cost Homes available for rent right now in Hillsboro.


407-407 SW 8th St

607 NE 3rd Ave

12149 DMC Hwy 99

812 SW 9th St

218 1/2 W 7th St

413 Pine St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

2216 Piper Pl

1020 N 5th Ave

2635 Westwinds Dr

2639 Westwinds Dr

156 Westside Dr

107 S 6th St

2715 Lucas St
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Hillsboro, IA Local Guide

How much does it cost to rent a home in Hillsboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hillsboro 2 Bedroom Homes for Rent | $1,140 | $685 | $1,800 |
| Hillsboro 3 Bedroom Homes for Rent | $1,289 | $875 | $1,800 |
| Hillsboro 4 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
| Hillsboro 5 Bedroom Homes for Rent | $3,050 | $3,050 | $3,050 |
Browse Top Homes for Rent in Hillsboro
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Hillsboro, IA Local Guide
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Cheapest Available Hillsboro Apartments for Rent and Nearby
 The cheapest available apartment rental in Hillsboro, IA is a Studio unit found at Welch Hotel Senior Apartments in the Oak Ridge neighborhood priced from $695. Bel Aire Apartments in the Ginger Ridge neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $695. Here is today’s list of the most affordable Hillsboro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Welch Hotel Senior Apartments | Studio | Studio,1BA | $695 |
| Bel Aire Apartments | 2 Bedroom | 2BR,1BA | $695 |
| MAPLE PLACE APARTMENTS | 2 Bed 1 Bath | 2BR,1BA | $700 |
| Tisdale Apartments | 2 Bedroom | 2BR,1BA | $720 |
| Park Madison Apartments | 1BR/1BA | 1BR,1BA | $750 |
Best Value Apartments for Rent in Hillsboro, IA and Nearby
As of May 29, 2026 the best value apartment in the Hillsboro area is the $0.59 price per square foot C1 - 3x3 Model at The Quarters Iowa City in the in the Fair Meadows neighborhood starting from $695. The second greatest value Hillsboro apartment is the Blaul Lofts - 402 Model at Blaul Lofts starting at $1,020 with a $1.00 price per square foot in the Ginger Ridge neighborhood. 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. |
|---|---|---|---|
| The Quarters Iowa City | C1 - 3x3 | 3BR,3BA | $0.59 |
| Blaul Lofts | Blaul Lofts - 402 | 1BR,1BA | $1.00 |
| Westland Village | 2x1 | 2BR,1BA | $0.89 |
| Churchill Lofts | Churchill Lofts - 205 | 1BR,1BA | $1.08 |
| School House Apartments | 1 Bedroom and 1 Bath | 1BR,1BA | $1.06 |
| Orchard Meadows | B1 Partially Renovated | 2BR,1BA | $0.90 |
| Park Madison Apartments | 1BR/1BA | 1BR,1BA | $1.00 |
| MAPLE PLACE APARTMENTS | 2 Bed 1 Bath | 2BR,1BA | $0.97 |
| Tisdale Apartments | 2 Bedroom | 2BR,1BA | $1.03 |
| Bel Aire Apartments | 2 Bedroom | 2BR,1BA | $1.11 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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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Frequently Asked Questions about Hillsboro
What type of rentals are currently available in Hillsboro?
There are currently 55 Apartments for Rent in Hillsboro, IA with pricing that ranges from $515 to $3,300. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hillsboro ranging from $625 to $5,000.
What is the current price range for Rental Homes in Hillsboro?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hillsboro ranges from $625 to $5,000 with an average monthly rent of $2,250.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.