
Cheap Homes for Rent in Hillsboro, IL from $600 (7 Rentals)
Search the lowest-cost Homes available for rent right now in Hillsboro.


919 Mulberry St

420 Winona 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.

913 N Taylorville Blvd

316 Court St

123 N E 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.

208 W Thomas St
Hillsboro, IL 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 | $1,287 | $750 | $2,100 |
| Hillsboro 3 Bedroom Homes for Rent | $1,635 | $1,100 | $2,800 |
| Hillsboro 4 Bedroom Homes for Rent | $1,050 | $1,050 | $1,050 |
| Hillsboro 5 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Hillsboro
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Hillsboro, IL Local Guide
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Cheapest Available Hillsboro Apartments for Rent and Nearby
 The cheapest available apartment rental in Hillsboro, IL is a 1 Bed unit found at McKay Manor priced from $475. Country Place-Moweaqua I & ll has the second lowest priced unit, which is a 1 Bed apartment currently listed from $497. Here is today’s list of the most affordable Hillsboro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| McKay Manor | 1 Bdrm | 1BR,1BA | $475 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $497 |
| Whispering Pines | 1 Bed, 1 Bath - Essential | 1BR,1BA | $600 |
Best Value Apartments for Rent in Hillsboro, IL and Nearby
As of June 12, 2026 the best value apartment in the Hillsboro area is the $0.54 price per square foot D1 Model at Parc at 720 in the in the Fruit Maple Carpenter neighborhood starting from $760. The second greatest value Hillsboro apartment is the B1 Model at Candles starting at $1,058 with a $1.10 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. |
|---|---|---|---|
| Parc at 720 | D1 | 4BR,4BA | $0.54 |
| Candles | B1 | 2BR,1.5BA | $1.10 |
| Flax Meadow Townhomes | Two Bed | 2BR,1.5BA | $0.81 |
| Surrey Court Apartments | 2 Beds, 1 bath | 2BR,1BA | $1.12 |
| The Raymond Apartments | Two bedroom | 2BR,1BA | $1.00 |
| Kingsbury Campus Apartments | 2 Beds, 1 Bath Model | 2BR,1BA | $1.05 |
| McKay Manor | 1 Bdrm | 1BR,1BA | $0.64 |
| Broadway Place | Two Bedroom Apartment | 2BR,1BA | $1.03 |
| Country Place-Moweaqua I & ll | 1 Bedroom | 1BR,1BA | $0.76 |
| Rocwood Apartments | 1BR Units | 1BR,1BA | $1.13 |
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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See the most popular apartments and homes in Hillsboro, IL
Frequently Asked Questions about Hillsboro
What type of rentals are currently available in Hillsboro?
There are currently 46 Apartments for Rent in Hillsboro, IL with pricing that ranges from $497 to $3,349. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hillsboro ranging from $650 to $3,000.
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 $650 to $3,000 with an average monthly rent of $1,541.
How much are larger Three and Four Bedroom Rentals in Hillsboro?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hillsboro range from $859 to $3,349, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,100 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,050 and Four Bedroom Apartments start at $714.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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.