
Cheap Homes for Rent in Hillsboro, IN from $600 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Hillsboro.


210 Whitlock Ave

913 Maple St

2000 Indianapolis Rd

226 Tennessee Ave
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.

101 Virginia Dr

2823 Plaza Ln

4 Tillman

1318 South St

630 S 15th 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.

2835 Plaza Ln

3 Bedroom House!

101 Aspen Dr

3 Bedroom Home

2 Bedroom House W/ Garage!
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

549 S 3rd St

213 S 9th St
Hillsboro, IN 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 | $1,258 | $1,099 | $1,625 |
| Hillsboro 3 Bedroom Homes for Rent | $1,647 | $730 | $2,600 |
| Hillsboro 4 Bedroom Homes for Rent | $1,987 | $1,725 | $2,250 |
Browse Top Homes for Rent in Hillsboro
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Hillsboro, IN Local Guide
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Cheapest Available Hillsboro Apartments for Rent and Nearby
 The cheapest available apartment rental in Hillsboro, IN is a 1 Bed unit found at The Verander priced from $732. Pheasant Run has the second lowest priced unit, which is a Studio apartment currently listed from $773. Here is today’s list of the most affordable Hillsboro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Verander | 1Br | 1BR,1BA | $732 |
| Pheasant Run | The Retriever Studio | Studio,1BA | $773 |
| The Grove | 1BR | 1BR,1BA | $783 |
| Townway Place | 1 Beds, 1 Baths | 1BR,1BA | $795 |
| The Luna Flats | Luna Flats - Individual Lease - 2bed (Private R... | 2BR,2BA | $850 |
Best Value Apartments for Rent in Hillsboro, IN and Nearby
As of May 07, 2026 the best value apartment in the Hillsboro area is the $0.81 price per square foot 3x2-80% Model at Townhomes on Main in the starting from $1,205. The second greatest value Hillsboro apartment is the 2 Bed 2 Bath Private Entry Model at Devonshire Village starting at $1,450 with a $1.21 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. |
|---|---|---|---|
| Townhomes on Main | 3x2-80% | 3BR,2BA | $0.81 |
| Devonshire Village | 2 Bed 2 Bath Private Entry | 2BR,2BA | $1.21 |
| Southern Winds Apartments | 2 Bed/2 Bath Vaulted | 2BR,2BA | $1.20 |
| Sagamore Winds Apartments | 2 Bed/2 Bath A | 2BR,2BA | $1.38 |
| Shadeland Estates | (Clayton) Shadeland Estates New Homes 3bd/2bth ... | 3BR,2BA | $1.20 |
| Cypress Square | B1 | 2BR,1BA | $1.33 |
| Twyckenham Apartments | Two bedroom | 2BR,1BA | $1.36 |
| Georgetown South | 2 Bedroom | 2BR,1BA | $1.31 |
| The Grove | 2BR | 2BR,1BA | $1.30 |
| Townway Place | 1 Beds, 1 Baths | 1BR,1BA | $1.33 |
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 58 Apartments for Rent in Hillsboro, IN with pricing that ranges from $486 to $2,800. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hillsboro ranging from $695 to $2,600.
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 $695 to $2,600 with an average monthly rent of $1,472.
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 $486 to $2,326, while Three Bedroom Homes, Condos, and Townhomes for rent range from $730 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,725 and Four Bedroom Apartments start at $615.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.