Rental market snapshot for Hillsborough, North Carolina

Hillsborough, North Carolina Rental Property Market Overview

Hillsborough, North Carolina is a small town located in Orange County with a population of 9,716 as of 2021, according to the US Census. It is a charming town with a historic downtown, a vibrant arts and culture scene, and plenty of outdoor activities. The town is home to several parks, trails, and green spaces, making it a great place to explore nature. Hillsborough is also known for its unique restaurants, shops, and galleries, making it a great destination for visitors and locals alike.

The average rent for an apartment in Hillsborough is $1,874. The cost of rent varies depending on several factors, including location, size, and quality.

The average rent has decreased by 0.00% over the past year.

Last Updated March 25, 2024

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Average monthly rent graph in Hillsborough North Carolina | Cost of Living

  • The most expensive ZIP code in Hillsborough is 27278 with an average price of $1,804.
  • The cheapest ZIP code in Hillsborough is 27278 with an average price of $1,804.

Hillsborough ZIP codes with the highest, most expensive rent

#ZIP CodeAverage Rent

Live near Hillsborough, North Carolina's Top Sights and Attractions

Central Recreation Center is a popular attraction located in Hillsborough, North Carolina. It features a wide variety of activities for all ages, including a swimming pool, basketball courts, a fitness center, and a playground. The facility also offers a variety of classes and programs such as yoga, dance, and martial arts. The center is open year-round and provides a great place for families to spend quality time together.

Fairview Park is a beautiful outdoor attraction located in Hillsborough, North Carolina. It features a large lake with a walking trail that circles it, as well as a playground, picnic areas, and a disc golf course. The park also has a large open field perfect for playing sports or flying kites, and a pavilion with a stage for outdoor concerts and events. With its lush green grass, towering trees, and picturesque views, Fairview Park is the perfect spot for a relaxing day outdoors.

Gold Park is a family-friendly park located in a picturesque setting in the hills of North Carolina. It features a variety of activities and attractions, including a large playground, a walking trail, a pond, and a picnic area. The park also has a disc golf course, a sand volleyball court, and a basketball court. There is also a large pavilion with tables and grills for picnics and gatherings. The park is surrounded by lush trees and a peaceful atmosphere, making it a great place to relax and enjoy nature.

Historic Occoneechee Speedway is a historic racetrack located in the North Carolina countryside. Built in 1949, it was the first NASCAR-sanctioned track in the state. The track is a half-mile oval with a clay surface, and it has hosted some of the most famous drivers in NASCAR history. The track is now a National Historic Landmark, and visitors can take a tour of the facility and learn about its history. The track also hosts special events throughout the year, including car shows, vintage races, and other special events.

River Park is a scenic outdoor attraction located in Hillsborough, North Carolina. It features a large, winding river that is perfect for kayaking, canoeing, and fishing. The park also has a variety of trails for hiking and biking, as well as picnic areas and playgrounds. The park is surrounded by lush greenery and offers stunning views of the river and the surrounding landscape.

Haunted Hillsborough is an outdoor walking tour of historic sites in Hillsborough, North Carolina. Guests are guided through the town's dark and mysterious past, encountering tales of hauntings, ghostly apparitions, and other supernatural phenomena. The tour includes stops at some of the town's most haunted locations, such as the old courthouse, the jail, and the historic cemetery. Along the way, visitors will learn about the town's history and its many legends and myths.

Ruffin Roulhac House is a historic home located in a small town. Built in the late 1800s, the house is a two-story frame dwelling with a gabled roof and a wrap-around porch. Inside, the house is filled with period furnishings, including a grand piano, a four-poster bed, and a variety of antiques. The house also features a large garden with a variety of plants and flowers, as well as a gazebo and a pond. Visitors can take a guided tour of the house and learn about its history and the family who lived there.

Cates Creek Park is a beautiful outdoor recreation area located in Hillsborough, North Carolina. It features a variety of activities for visitors to enjoy, including walking trails, a playground, a picnic area, and a fishing pond. The park also offers a variety of wildlife viewing opportunities, with a variety of birds and other animals often seen in the area. The park is also home to a variety of plants, including wildflowers, trees, and shrubs. Visitors can also enjoy the peaceful atmosphere of the park, with its peaceful streams and ponds.

Town of Hillsborough is a charming historic town located in North Carolina. It is known for its picturesque downtown area, which is lined with quaint shops, restaurants, and galleries. The town also features a variety of historic sites, such as the Occoneechee Speedway, the oldest NASCAR track in the world, and the Ayr Mount Plantation, a 19th century estate. Visitors can also explore the Eno River State Park, which offers a variety of outdoor activities, such as hiking, canoeing, and fishing.

Thomas Burke is a historic home located in Hillsborough, North Carolina. Built in 1790, it is one of the oldest surviving structures in the area. The home is a two-story, Federal-style brick house with a gabled roof and two-story portico. Inside, the home is filled with period furnishings and artifacts, giving visitors a glimpse into the past. The grounds of the home feature a formal garden, a gazebo, and a small pond. The home is open for tours and is a popular destination for history buffs and those looking to experience the area's rich history.

Hillsborough, North Carolina area median rent change by ZIP code map

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How does Hillsborough compare to other cities in North Carolina?

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Average household income in Hillsborough area graph - US Census

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The median household income in Hillsborough in 2021 was $77,114. This represents a 58.3% change from 2011 when the median was $48,720.

0Less than $10,0008.2%
1$10,000 to $14,9993.9%
2$15,000 to $19,9991.8%
3$20,000 to $24,9991.0%
4$25,000 to $29,9991.9%
5$30,000 to $34,9996.8%
6$35,000 to $39,9991.2%
7$40,000 to $44,9992.9%
8$45,000 to $49,9996.2%
9$50,000 to $59,99914.3%
10$60,000 to $74,9998.8%
11$75,000 to $99,9997.1%
12$100,000 to $124,99910.5%
13$125,000 to $149,9996.6%
14$150,000 to $199,9999.9%
15$200,000 or more8.9%

Neighborhoods in Hillsborough

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Frequently asked questions

Our data is best categorized as "alternative data", which is a burgeoning sector. Through partnerships and direct feeds, we extract key factual elements that are publicly available within rental listings on internet listing sites and property websites. Once aggregated, we mine through the data to parse out relevant insights and calculate important metrics, benchmarks, and other KPIs. Each week, our system sifts through millions of listing observations and other pockets of market information to deliver the most comprehensive picture of rental housing available.

This is a metric that we try not to overthink. Simply, we take each unique listing observation within a geographic boundary and calculate a simple average. Of course, we're careful to filter for duplicates and other listings that aren't reflective of the market.

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While some of our data is refreshed daily and other data comes in weekly, the bulk of it comes in on a biweekly basis.

Our coverage is nationwide! In our platform, we have data points for every ZIP code and neighborhood boundary in the country.

Every rental housing unit is differentiated by attributes such as its location, square footage, and amenity composition. Thanks to machine learning and natural language processing technologies we deploy, we're able to deconstruct our rental listing data points and identify key amenities for each listing. With this information, we're able to give signals around how certain amenities drive rental pricing value in certain areas.

Well, we think so! At the highest level, our process is simple. Listings data is ingested, cleaned (de-duplicated. etc.), analyzed for insights, and then presented to our users.

As of February , the average rent in Hillsborough is $1,874.
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