Hillsboro, OR
Hillsboro, OR landlord and rental property insurance
Local rental data and insurance guidance for Hillsboro property owners. A quote is not a binder.
With an estimated 110,337 residents, Hillsboro has around 20,968 renter households, about 50% of occupied housing. Statewide, Oregon sits at 37%, so Hillsboro's rental share is above the state figure.
Hillsboro at a glance for landlords
| Measure | Hillsboro | Oregon |
|---|---|---|
| Renter-occupied homes | 50% (20,968) | 37% |
| Median owner-occupied home value | $521,100 | $477,600 |
| Median gross rent | $1,978/mo | $1,525/mo |
| Median year structure built | 1997 | 1981 |
| Homes in 2–4 unit buildings | 7% | 7% |
| Single-family homes (detached or attached) | 59% | 68% |
Data: Census ACS 5-year estimates for 2020–2024 via Census Reporter, and Census Vintage 2024 population estimates.
Setting coverage on a Hillsboro rental
At a median home value of $521,100, Hillsboro is in line with Oregon overall ($477,600). Underwriters care about replacement cost rather than sale price, so bring square footage, construction type, and update history to the conversation.
If your rental is insured somewhere around Hillsboro's median, the closest NAIC benchmark is the $500,000–$599,999 band, where the 2023 Oregon dwelling-fire average was $1,193. The all-amounts state figure was $886.
Protecting rental income in Hillsboro
Rents in Hillsboro center on about $1,978 monthly, including utilities where tenants pay them. Many owners plan for a year offline after a serious loss, which works out near $23,736 per unit at the median.
Older vs. newer rentals in Hillsboro
Hillsboro's median home dates to about 1997. Systems are often on their first or second replacement, so roof age and water heater age carry a lot of weight in pricing.
Single-family, small multi-unit, and apartments in Hillsboro
Hillsboro's housing is mixed: about 59% single-family, 7% in 2–4 unit buildings, and 33% in buildings of five or more units. Dwelling forms fit up to four units; larger buildings need commercial apartment coverage.
How Hillsboro compares with nearby Oregon markets
Beaverton has a renter share of 49% with homes valued around $569,800 at the median. Tigard has a renter share of 38% with homes valued around $610,500 at the median. For comparison, Portland comes in at 48% rented and $581,500 median value, with median rent of $1,655. Among the 20 largest Oregon cities we profile, Hillsboro ranks 3 for renter share. Buildings with five or more units hold about 33% of Hillsboro's homes; those generally need commercial apartment coverage rather than dwelling forms.
Natural hazards Hillsboro landlords plan for
In Hillsboro, think about ice storms and winter wind in the valleys first, then late-summer wildfire, especially in southern and eastern Oregon. Both appear frequently in Oregon property claims and can change which policy form and deductible make sense.
Hazard themes reflect FEMA’s National Risk Index and NOAA’s Storm Events Database; check the index for your specific county.
Requesting coverage for a Hillsboro rental
- Mortgage company details, if financed
- Liability limit and months of rent to protect
- The Hillsboro address and how many units it has
- Construction year plus the age of the roof
- How it is occupied today, including any vacancy or short-term use
- Any system updates, with years
- Prior carrier, expiration date, and five-year loss history
Request a Hillsboro landlord quote
Hillsboro landlord insurance questions
How many renters live in Hillsboro?
About 50% of occupied homes in Hillsboro, roughly 20,968 households, are renter-occupied according to the 2020–2024 American Community Survey.
Is landlord insurance required in Hillsboro?
No Oregon law mandates it for Hillsboro owners, though lenders, HOAs, and property managers commonly require it.
What is a typical landlord premium in Hillsboro?
It depends on the building, coverage, and deductible. For background, the NAIC reported a 2023 Oregon dwelling-fire average of $886; see our Oregon page for the full table.
More landlord pages near Hillsboro
Landlord insurance in Oregon · Cost by state
Last updated October 15, 2026. Sources and method: how we research.