Cheap Apartments for Rent in the Downtown Hillsboro Neighborhood of Hillsboro, OR from $700 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Hillsboro area of Hillsboro.

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.

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Sierra West
2 to 3 Bedroom Apartments

Sierra West

356 SE 12th AveHillsboro, OR 97123
  • Utilities Included
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Montebello
2 to 4 Bedroom Apartments

Montebello

220 SE 12th AveHillsboro, OR 97123
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150 NE Jackson St
1 Bedroom Apartments

150 NE Jackson St

150 NE Jackson StHillsboro, OR 97124
  • Utilities Included

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.

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Nutmeg Apartments
1 to 2 Bedroom Apartments

Nutmeg Apartments

1435 SE Oak StHillsboro, OR 97123
  • Utilities Included
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Park Creek Village
1 to 3 Bedroom Apartments

Park Creek Village

2065 SE 44th AveHillsboro, OR 97123
Corporate Housing
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8th Avenue
1 to 2 Bedroom Apartments

8th Avenue

547 SE 8th AveHillsboro, OR 97123

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.

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1374CEDA
2 Bedroom Apartments

1374CEDA

1374 SE Cedar StHillsboro, OR 97123
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349 NE 3rd Ave
1 to 2 Bedroom Apartments

349 NE 3rd Ave

349 NE 3rd AveHillsboro, OR 97124

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.

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Showing Results 1-29, Page 1 of 1

Downtown Hillsboro, Hillsboro, OR Local Guide

Cheapest Available Downtown Hillsboro Apartments for Rent

 

The cheapest available apartment rental in the Downtown Hillsboro area of Hillsboro, OR is a 2 Beds unit found at City Center Apartments priced from $1,344. Gateway Commons has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,348. Here are the most affordable Downtown Hillsboro apartments for rent in Hillsboro, OR:

Apartment ListingModel NameBed/BathPriced From
City Center Apartments2x12BR,1BA$1,344
Gateway CommonsOne-Bedroom1BR,1BA$1,348
8th Avenue1 Bedroom, 1 Bath1BR,1BA$1,375
Belmar Commons1 BR/1BA 751sq ft1BR,1BA$1,459
Isabelle Terrace1BR/1.0BA1BR,1BA$1,495
Park Creek VillageGERANIUM2BR,1BA$1,495
Jackson School VillageA11BR,1BA$1,537
Maple Terrace Apartments2 Bedroom 1 Bath2BR,1BA$1,575
Lincoln Street Apartments1BR/1.0BA1BR,1BA$1,599
4th MainDStudio,1BA$1,600

Best Value Apartments for Rent in Downtown Hillsboro, OR

As of May 21, 2026 the best value apartment in the Downtown Hillsboro area is the $2.26 price per square foot 3BR/2.0BA Model at Isabelle Terrace in the in the Oakhurst South neighborhood starting from $2,895. The second greatest value Downtown Hillsboro apartment is the 2x1 Model at City Center Apartments starting at $1,344 with a $1.15 price per square foot in the Oakhurst South neighborhood. Here is today’s list of the best values for Downtown Hillsboro apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Isabelle Terrace3BR/2.0BA3BR,2BA$2.26
City Center Apartments2x12BR,1BA$1.15
24th & Main Apartments3 bed, 2 bath3BR,2BA$1.77
Maple Terrace Apartments2 Bedroom 1 Bath2BR,1BA$2.06
Lincoln Street Apartments1BR/1.0BA1BR,1BA$2.10
Belmar Commons1 BR/1BA 751sq ft1BR,1BA$1.94
Jackson School VillageA11BR,1BA$2.17
Park Creek VillageCALYPSO1BR,1BA$1.87
Gateway CommonsOne-Bedroom1BR,1BA$1.92
8th Avenue1 Bedroom, 1 Bath1BR,1BA$2.04

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.

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Real 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.

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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.

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Best Local Schools in
Downtown Hillsboro, Hillsboro, OR

School data provided by Great Schools

Frequently Asked Questions about Cheap Downtown Hillsboro Apartments

What is the price of a cheap apartment in Downtown Hillsboro?

The cheapest apartment in Downtown Hillsboro is Gateway Commons which is listed at $1,348, while the average apartment in Downtown Hillsboro costs $2,000.

What types of apartments are the cheapest in Downtown Hillsboro?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 12 regular apartments in Downtown Hillsboro that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Downtown Hillsboro?

Cheap apartments in Downtown Hillsboro have an average cost of $573 which is $1,427 cheaper than the average rent for all rentals in Downtown Hillsboro.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.