Rent to own Homes in Hillsboro, OR
Situated about 17 miles outside of Portland, Hillsboro, Oregon, is the kind of quaint, charming and lush place young families love to move to in order to raise happy, intelligent children who love nature. With a population of 91,611 people, there are lots of families with this plan. In addition to gorgeous forests and outdoors activities, Hillsboro is home to a number of enticing cultural, historical and recreational opportunities, including the Old Washington County Jail, a historical site, the Venetian Theatre, and Washington County Museum. For play, Hillsboro has several golf courses and country clubs, including The Reserve Vineyards and Golf Club and the Oregon International Air Show. Farmers markets and outdoor shopping malls are also prevalent. It helps that Hillsboro has a moderate cost of living and affordable housing, but altogether this is a fantastic place to invest for the future. If you're looking for a home to buy or a rental apartment, check out Hillsboro.
Hillsboro, OR is a great place for affordable rent-to-own homes! With a median household income of over $85,586 and a median rent of $1,551, the Hillsboro, OR rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Hillsboro, OR. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.
More Hillsboro, OR Property Resources
Rent to own Homes in Cities Near Hillsboro, OR
- Boring
- Cedar Hills
- Cedar Mill
- Cherry Grove
- Clackamas
- Donald
- Dundee
- Dunthorpe
- Durham
- Fairview
- Felida
- Forest Grove
- Garden Home-Whitford
- Gladstone
- Gresham
- Happy Valley
- Hazel Dell
- Hillsboro
- Hubbard
- Jennings Lodge
- Johnson City
- King City
- Lake Oswego
- Maywood Park
- Metzger
- Milwaukie
- Molalla
- Mulino
- Newberg
- Oak Grove
- Oak Hills
- Oatfield
- Oregon City
- Portland
- Raleigh Hills
- Ridgefield
- Rivergrove
- Rockcreek
- Scappoose
- Sherwood
- Stafford
- St. Helens
- St. Paul
- Tigard
- Troutdale
- Tualatin
- West Linn
- West Slope
- Wilsonville
- Woodburn
Neighborhoods in Hillsboro, OR
Sommerset West - Elmonica South rent to own homes West Hillsboro rent to own homes Northwest Hillsboro rent to own homes Southeast Hillsboro rent to own homes Northeast Hillsboro rent to own homes South Hillsboro rent to own homes Brookwood rent to own homes Central Hillsboro rent to own homesPopular Zip Codes in Hillsboro, OR
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Hillsboro, OR is seeing rapid growth and Hillsboro, OR's' housing market remains not optimal with an average home price that is 67% above the 2024 national average. Hillsboro, OR is part of Washington county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Washington is 0.93% which is below the national average, which is 0.99%.
Median Home Price in Hillsboro, OR
Median Rent in Hillsboro, OR
Top Reasons to Live in Hillsboro OR
Housing Stats The median age of individuals in Hillsboro is a youthful 32 years, so there are lots of young families hoping to invest in real estate and raise their kids. The median list price in the first quarter of 2013 was $250,000, while the median sale price was $241,700. This shows there's not a great disparity between what people expect their house is worth, and will sell for, and what people are willing to pay for it. That shows a strong market and home values that are likely to remain steady. There were a total of 156 homes sold in July 2013. Additionally, the area is split nearly right in the middle over owners and renters. Owners make up 50 percent of the population, renters 44.4 percent, and there is a relatively low vacancy rate of 5.6 percent. Buyers hoping to one day own a home but who are not yet capable of doing so should look at rent to own homes for options.
Local Restaurants Oregon enjoys a wide selection of delicious restaurants with cuisine inspired by flavors from around the world. Some of the most popular eateries are Japanese, Italian, Indian and Mexican. No matter what the mood or palate, there is something wonderful to eat here.
Nightlife Though there are a lot of families in Hillsboro, and therefore it can be a bit sleepy, there are also lots of younger folks looking for a great time after hours. One unexpected choice is a coffee place, the Insomnia Coffee Company. Open late and often playing live music, this a great get-together spot for bean fans. The Little White Shed is also unusual and fantastic, as it's a bar in a barely converted shed on Cornelius Pass Road. For a more upscale evening beverage experience, the Primrose and Tumbleweeds wine bar has a wonderful selection of tap beers and varietals for grape and beer lovers. Nightlife is generally relegated to bars and restaurants, but there are movie theaters and live performance venues as well, just not really any dance clubs.
Neighborhoods There are eight main districts or neighborhoods in Hillsboro, with several small distinctive neighborhoods within them. Though they are each singular, they often have more in common than different, so if one doesn't suit the needs of a buyer, he or she should definitely branch out. Check out the info below to find out if it's the right place for you to rent or own: