Apartments in 97123

31 - 43 of 43 Results
1
4827 SE Davis St Apartment for rent in Hillsboro, OR
$2,350
Hillsboro, OR
4 BR | Available Now
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House
1
4093 Se Reed Drive ~ Gorgeous Home! Apartment for rent in Hillsboro, OR
$3,750
4093 SE Reed Dr Hillsboro, OR
5 BR | Available Now
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Dog Friendly
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1
Modern Comfort Meets Timeless Style In The Heart Of Hillsboro Apartment for rent in Hillsboro, OR
$3,195
3548 SE Reed Dr Hillsboro, OR
3 BR | Aug. 1, 2025
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1
Newer Home In Sought After Reed's Crossing In Hillsboro!***** Apartment for rent in Hillsboro, OR
$2,595
8195 SE Leafhopper St Hillsboro, OR
3 BR | Available Now
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1
954 Se Elina Ave ~ Absolutely Splendid Arbor Roses Home! Apartment for rent in Hillsboro, OR
$2,495
954 SE Elina Ave Hillsboro, OR
3 BR | Available Now
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Pool
1
Luxury Four Bedroom + Den Bedroom Home In South Hillsboro! Apartment for rent in Hillsboro, OR
$3,499
3990 SE 67th Ave Hillsboro, OR
5 BR | Available Now
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1
** A Must See Lovely Home In Hillsboro ** Apartment for rent in Hillsboro, OR
$2,895
1811 SE Littlegem St Hillsboro, OR
4 BR | Available Now
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1
Beautiful 4 Br, 2 1/2 Ba With Main Floor Bedroom Or Office Apartment for rent in Hillsboro, OR
$2,800
4463 SE Sycamore St Hillsboro, OR
4 BR | Available Now
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28
7839 SE Kinnaman St Apartment for rent in Hillsboro, OR
$2,900
Hillsboro, OR
3 BR | Available Now
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1
4th Main Apartment for rent in Hillsboro, OR
$1,595 - 1,845
390 E. Main Street Hillsboro, OR
2 BR | Available Now
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Luxury
Section 8
Air Conditioning
Covered Parking
In Unit Laundry
8
1650 SE Fir Grove Loop Apartment for rent in Hillsboro, OR
$75
Hillsboro, OR
Studio | Available Now
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Disability Access
1
** Now Available ** Charming 3-bedroom Home In Desirable Hillsboro With Modern Comforts! Apartment for rent in Hillsboro, OR
$2,995
3501 Salmonfly Ln Hillsboro, OR
3 BR | Available Now
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31 - 43 of 43 Results
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How much does it cost to rent an apartment in 97123?

97123 apartments
Bed Type Average Rent Range
Studio $1,530 $1,500 - $1,550
1BR $1,690 $1,350 - $1,950
2BR $1,820 $1,580 - $2,330
3BR $2,600 $2,360 - $3,360
4+BR $2,790 $2,350 - $3,400
Find an Apartment in 97123
Looking for apartments for rent in 97123 Hillsboro, OR? Rentable has a variety of options available in this area. Currently, there are 75 units available for rent in the 97123 zip code. The average rent in this area is $2,070, with the lowest priced floor plan starting at $1,345.

If you're looking for a specific floor plan type, the minimum rent for that type is $1,345. Whether you're in need of a studio, one-bedroom, or two-bedroom apartment, you can find options in 97123.

Located in Hillsboro, OR, the 97123 zip code offers a range of amenities and convenient access to nearby points of interest. The Pacific University Hillsboro Campus, Jackson Bottom Wetlands Preserve, and Shute Park are just a few notable attractions in this area.

Explore Rentable's apartments near 97123 to find the perfect rental that suits your needs and budget. With a variety of options available, you're sure to find the ideal place to call home in Hillsboro, OR.

Hillsboro:
July Rent Report

Welcome to the July 2025 Hillsboro Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the July 2025 key findings and figures for the Hillsboro rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Hillsboro and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Hillsboro average rent prices in the chart below.

Monthly Rent Report

$2,150
$1,610
$1,080
$540
$0
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
Feb. 2025
Mar. 2025
Apr. 2025
May. 2025
Jun. 2025
Jul. 2025
1 BR       2 BR

Hillsboro Rent Prices Decrease From June to July

Hillsboro rent prices decreased over the last month. From June to July, the city experienced a -0.11% decrease for the price of a one-bedroom apartment. The rent price for a Hillsboro one-bedroom apartments currently stands at $1,798.0.

When we take a look at the two-bedroom comparison from June to July, Hillsboro experienced a 0.35% increase for the price of a two-bedroom apartment. The rent price for a Hillsboro two-bedroom apartments currently stands at $1,996.0.

July Prices: Hillsboro vs. Surrounding Areas

Rent Prices in Hillsboro and Surrounding Areas

Rent prices have decreased in Hillsboro over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Hillsboro suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Hillsboro suburbs

  • Rents did not decrease in any of the Hillsboro suburbs.

July 2025 Pricing Trends: Hillsboro vs. National Comparisons

New York, NY
San Francisco, CA
Washington, DC
Los Angeles, CA
Chicago, IL
Columbus, OH
Pittsburgh, PA
Minneapolis, MN
$4,074
$3,214
$2,367
$2,295
$1,876
$1,370
$1,312
$1,250
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Hillsboro Rent Prices More Affordable Than Major Cities

Rent growth in Hillsboro over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Hillsboro average rent prices appear to be relatively affordable for local residents.

The price for a Hillsboro one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Hillsboro and surrounding area rent prices, take a look at the complete data set below.

Data set for Hillsboro and suburbs

1 BR July 1 BR M/M % Change 2 BR July 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.