Hillsboro, OR
Washington County · Pop. 113,038
Ranked #188 of 243 cities
30Crisis
Median Home Price
🏠$520K
2.5% YoY
Median Rent
🔑$1,800
2.0% YoY
Median Income
💰$78K
Rent Burden
📊30.0%
% of income to rent
Income to Buy
🏦$149K
annual income needed
Income to Rent
📝$72K
annual income needed
Price-to-Income
⚖️6.7x
Homeownership
🏡52.0%
Rent vs. Buy
Buy
$2,768/mo
Est. mortgage (7%, 20% down)
Need $149K/yr income
Rent
$1,800/mo
Median rent
Need $72K/yr income
How Hillsboro Compares
| Metric | Hillsboro | Oregon | National |
|---|---|---|---|
| Home Price | $520K | $485K | $410K |
| Rent | $1,800 | $1,481 | $1,500 |
| Income | $78K | $80K | $75K |
| Rent Burden | 30.0% | 35.5% | 30.0% |
Key Takeaways
- • Home prices in Hillsboro are 27% higher than the national average.
- • Rent is 20% higher than the national average.
- • You need an income of $149K to comfortably buy a home here.
- • The homeownership rate is 52.0%, compared to 65.0% nationally.