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Rental Market Trends in Hillsboro, MO

What is the average rent in Hillsboro, MO?

$879/month

Average Rent

630 Sq Ft

Average Apartment Size

+1.5%

Increase in the Last Year

As of December 2025, the average rent in Hillsboro, MO is $879 per month. This is 46% lower than the national average rent of $1,632/month, making renting in Hillsboro more affordable than most cities in the US. When you rent an apartment in Hillsboro, you can expect to pay about per month for a studio, $879 for a one-bedroom apartment, and around $950 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$879/month
630 Sq Ft
Two Bedroom
$950/month
867 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft

How much has average rent changed in Hillsboro, MO?

In the past year, rent has increased by 1.5%, which averages out to $14 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated December 2025
Legend
2024 2025
Market Trends Over Time

What salary do I need to live comfortably in Hillsboro, MO?

Because the average rent in Hillsboro is $879, you’ll want to make about $2,930 per month or $35,160 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Hillsboro, MO

4 Available Apartments for Rent

Search for Nearby Apartments

How does Hillsboro, MO compare to other nearby cities and neighborhoods?

Use the tool below to compare Hillsboro, MO to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

Explore the Area Guide for Hillsboro, MO

Apartment Averages

Apartment communities in Hillsboro we think you'll love

321 Cedarview Ct

321 Cedarview Ct

321 Cedarview Ct,
Hillsboro, MO 63050

$800

1 Bed

123 Sandstone Ct

123 Sandstone Ct

123 Sandstone Ct,
Hillsboro, MO 63050

$900

2 Beds

436 Cedarview Ct

436 Cedarview Ct

436 Cedarview Ct,
Hillsboro, MO 63050

$900

2 Beds

1003 Brickyard Rd

1003 Brickyard Rd

1003 Brickyard Rd,
Hillsboro, MO 63050

$895

2 Beds

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United States Missouri Hillsboro Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity