Cheap Apartments for Rent in the Downtown Hillsboro Neighborhood of Hillsboro, OR from $700 (40 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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property at 121 SE 8th Ave

$2,095

Total Monthly Price

Total Monthly Price

Base Rent
$2,095
Total Monthly Price
$2,095

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

121 SE 8th Ave

HillsboroOR97123
property at 765 SE 8th Ave

$2,300

Total Monthly Price

Total Monthly Price

Base Rent
$2,300
Total Monthly Price
$2,300

3 Bedroom, 1.5 Bath Townhome for Rent

Available Jul 15

765 SE 8th Ave

HillsboroOR97123

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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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
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Nutmeg Apartments
1 to 2 Bedroom Apartments

Nutmeg Apartments

1435 SE Oak StHillsboro, OR 97123
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5th Ave Apartments
Studio to 2 Bedroom Apartments

5th Ave Apartments

450 SE 5th AveHillsboro, OR 97123
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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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Park Creek Village
1 to 3 Bedroom Apartments

Park Creek Village

2065 SE 44th AveHillsboro, OR 97123
Corporate Housing
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1374CEDA
2 Bedroom Apartments

1374CEDA

1374 SE Cedar StHillsboro, OR 97123
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Walnut Apartments
1 to 2 Bedroom Apartments

Walnut Apartments

1049 SE Walnut StHillsboro, OR 97123

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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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.

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Showing Results 1-40, 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 1 Bed unit found at 8th Avenue priced from $1,325. City Center Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,356. Here are the most affordable Downtown Hillsboro apartments for rent in Hillsboro, OR:

Apartment ListingModel NameBed/BathPriced From
8th Avenue1 Bedroom, 1 Bath1BR,1BA$1,325
City Center Apartments1x11BR,1BA$1,356
Park Creek VillageCALYPSO1BR,1BA$1,359
1374CEDA2BR/1.0BA2BR,1BA$1,395
Belmar Commons1 BR/1BA 751sq ft1BR,1BA$1,459
Maple Terrace Apartments2 Bedroom 1 Bath2BR,1BA$1,485
Walnut Apartments2 Beds, 1 Baths2BR,1BA$1,495
Lincoln Street Apartments1BR/1.0BA1BR,1BA$1,499
4th MainDStudio,1BA$1,600
Gateway CommonsTwo-Bedroom2BR,2BA$1,671

Best Value Apartments for Rent in Downtown Hillsboro, OR

As of July 08, 2026 the best value apartment in the Downtown Hillsboro area is the $1.95 price per square foot 3BR/2.0BA Model at Isabelle Terrace in the in the Oakhurst South neighborhood starting from $2,495. The second greatest value Downtown Hillsboro apartment is the 3 bed, 2 bath Model at 24th & Main Apartments starting at $1,950 with a $1.77 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$1.95
24th & Main Apartments3 bed, 2 bath3BR,2BA$1.77
Troy building2BR/1.0BA2BR,1BA$1.75
Gateway CommonsTwo-Bedroom2BR,2BA$1.75
Walnut Apartments2 Beds, 1 Baths2BR,1BA$1.87
City Center Apartments1x11BR,1BA$1.75
Maple Terrace Apartments2 Bedroom 1 Bath2BR,1BA$1.94
Belmar Commons1 BR/1BA 751sq ft1BR,1BA$1.94
Park Creek VillageCALYPSO1BR,1BA$1.87
8th Avenue1 Bedroom, 1 Bath1BR,1BA$1.96

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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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 8th Avenue which is listed at $1,325, while the average apartment in Downtown Hillsboro costs $2,120.

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 4 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 $513 which is $1,607 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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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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.

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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.