
Cheap Homes for Rent in Downtown Hillsboro Neighborhood of Hillsboro, OR from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Hillsboro area of Hillsboro.


690 SE 5th Ave

1152 NE 17th 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.

1154 NE 17th Ave

1120 SE Baseline St, Unit 4

262 NE 34th Pl
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.

3233 NE Brogden St
Downtown Hillsboro, Hillsboro, OR Local Guide

How much does it cost to rent a home in Downtown Hillsboro?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Hillsboro 2 Bedroom Homes for Rent | $1,683 | $1,550 | $1,750 |
| Downtown Hillsboro 3 Bedroom Homes for Rent | $2,470 | $2,100 | $2,999 |
| Downtown Hillsboro 4 Bedroom Homes for Rent | $2,645 | $2,590 | $2,700 |
Browse Homes for Rent in this Neighborhood
There are currently 7 rentals with your search options within a 2 mile radius of the Downtown Hillsboro Neighborhood of Hillsboro, OR.
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Downtown Hillsboro, Hillsboro, OR Local Guide
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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 Walnut Apartments priced from $1,295. City Center Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,344. Here are the most affordable Downtown Hillsboro apartments for rent in Hillsboro, OR:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Walnut Apartments | 1 Beds, 1 Baths | 1BR,1BA | $1,295 |
| City Center Apartments | 2x1 | 2BR,1BA | $1,344 |
| 8th Avenue | 1 Bedroom, 1 Bath | 1BR,1BA | $1,375 |
Best Value Apartments for Rent in Downtown Hillsboro, OR
As of June 09, 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 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Isabelle Terrace | 3BR/2.0BA | 3BR,2BA | $1.95 |
| City Center Apartments | 2x1 | 2BR,1BA | $1.15 |
| 24th & Main Apartments | 3 bed, 2 bath | 3BR,2BA | $1.77 |
| Troy building | 2BR/1.0BA | 2BR,1BA | $1.75 |
| Gateway Commons | Two-Bedroom | 2BR,2BA | $1.69 |
| Park Creek Village | TRILLIUM | 2BR,2BA | $1.73 |
| 2660 NE Parkwood St, Unit C | 2660 NE Parkwood St | 2BR,1BA | $1.99 |
| Maple Terrace Apartments | 2 Bedroom 1 Bath | 2BR,1BA | $2.06 |
| Belmar Commons | 1 BR/1BA 751sq ft | 1BR,1BA | $1.94 |
| 8th Avenue | 1 Bedroom, 1 Bath | 1BR,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.
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.
Best Local Schools in Downtown Hillsboro, Hillsboro, OR
Lincoln Street Elementary School
School data provided by Great Schools
Frequently Asked Questions about Downtown Hillsboro
What type of rentals are currently available in Downtown Hillsboro?
There are currently 105 Apartments for Rent in Downtown Hillsboro, OR with pricing that ranges from $1,122 to $6,587. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Hillsboro ranging from $760 to $2,999.
What is the current price range for Rental Homes in Downtown Hillsboro?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Hillsboro ranges from $760 to $2,999 with an average monthly rent of $1,889.
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

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.

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.