
Cheap Homes for Rent near Hillsboro, IN from $400 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Hillsboro.


1307 Lape St

2000 Indianapolis Rd

2403 E Main St

625.5 Commercial St
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

218 Tennessee Ave

18 Indiana St

907 Moore St

1016 Koehn Dr

228 Delaware Ave
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

2814 Plaza Ln

6 National

830 Harrison St

2823 Plaza Ln

18 Iowa St
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

101 Aspen Dr
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 | $1,228 | $725 | $1,900 |
| Hillsboro 3 Bedroom Homes for Rent | $1,387 | $625 | $2,400 |
| Hillsboro 4 Bedroom Homes for Rent | $2,600 | $2,500 | $2,700 |
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 2 Beds unit found at Sycamore Estates priced from $225. Southfork Apartments in the Discovery Park neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $499. Here is today’s list of the most affordable Hillsboro apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Sycamore Estates | Mobile Home Lot | 2BR,1BA | $225 |
| Southfork Apartments | Floorplan D | 4BR,2BA | $499 |
| 420 S Chauncey Avenue | 1BR/1.0BA | 1BR,1BA | $649 |
| 271 | 2 bedroom/1 bath- rent by the room (female & ma... | 2BR,1BA | $675 |
| Wabash Shore Apartments | 1BR/1.0BA | 1BR,1BA | $699 |
Best Value Apartments for Rent in Hillsboro, IN and Nearby
As of August 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 Sm Apt Model at Devonshire Village starting at $1,206 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. |
|---|---|---|---|
| Townhomes on Main | 3x2-80% | 3BR,2BA | $0.81 |
| Devonshire Village | 2 Bed 2 Bath Sm Apt | 2BR,2BA | $1.09 |
| The Reserve at Madison Flatts | B1 | 2BR,2BA | $1.35 |
| The Ridge 2 | 2 Bed / 1 Bath | 2BR,1BA | $0.96 |
| Shadeland Estates | 3BR/1.0BA | 3BR,1BA | $1.30 |
| Sycamore Estates | Mobile Home Rental | 3BR,1BA | $0.67 |
| Georgetown South | 2 Bedroom | 2BR,1BA | $1.31 |
| The Grove | 2BR | 2BR,1BA | $1.35 |
| 271 | 2BR/1.0BA | 2BR,1BA | $1.07 |
| 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 $225 to $2,903. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hillsboro ranging from $495 to $2,700.
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 $495 to $2,700 with an average monthly rent of $1,336.
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 $2,386, while Three Bedroom Homes, Condos, and Townhomes for rent range from $625 to $2,400. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $499.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.