Hillsborough, NJ Rental Market Trends
Last updated: November 22, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Hillsborough is $2,479, a 2.49% increase compared to the previous year, when the average rent was $2,419.
One-bedroom apartments provide 880 square feet for $2,063, balancing privacy and affordability.
Two-beedroom units at $2,822 offer 1,383 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,882 sq ft) for $3,117, suitable for larger households.
Average rent in Hillsborough, NJ
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,479 | 1,162 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $2,063 | 880 sq. ft. |
| 2 Beds | $2,822 | 1,383 sq. ft. |
| 3 Beds | $3,117 | 1,882 sq. ft. |
Hillsborough, NJ rent trends
Rental prices in Hillsborough, NJ have increased by 2.49% over the past year. The average rent moved from $2,419 to $2,479.
What's the typical rent budget in Hillsborough, NJ?
The largest share of rentals in Hillsborough, NJ (32%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Hillsborough, NJ?
1,586 or 18% of the households in Hillsborough, NJ are renter-occupied while 7,375 or 82% are owner-occupied.
How Hillsborough Compares to Other Cities
| City | Average Rent |
|---|---|
| Hillsborough | $2,479 |
| Jersey City | $3,786 |
| Hoboken | $4,577 |
| Bayonne | $2,604 |
| Newark | $1,741 |
| East Orange | $1,868 |
| Elizabeth | $1,871 |
| Camden | $1,426 |
| Linden | $2,106 |
| Paterson | $1,718 |
| Rahway | $2,446 |
| Dayton | $2,205 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Hillsborough apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.