Hillsboro, OR

  • Overview
  • Performance
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Key Performance Metrics

Market snapshot

Performance indicators for the Hillsboro short-term rental market based on reliable data.

Listings

131 / 308

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$34,120

Middle-Earners Revenue

Occupancy

72%

Middle-Earners Occupancy

Home Value

$522,195

Median Home Sale Price

Top Earners

$64,501

Top-Earners Revenue

Hillsboro

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Hillsboro.

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B

Generally Investor friendly

Hillsboro Regulations

STRs are explicitly allowed with a clear, two‑track permitting process—Type 1 partial‑home rentals get fast approvals for about $50, and Type 2 full‑home rentals cost about $500 with a 2–3 week decision under objective criteria. Caps limit ownership to two STRs and one per property, and a public‑notice radius is required for full‑home rentals, creating manageable but not insignificant constraints for investors.

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About Hillsboro

Hillsboro is a city of roughly 110,000 residents in northwestern Oregon, serving as the county seat of Washington County and the western anchor of the Portland metropolitan area. Sitting about 20 miles west of downtown Portland along U.S. Highway 26, the city has grown into one of Oregon's most populous municipalities, with a character that blends tech-industry energy, agricultural roots, and easy access to wine country. Long known for its fertile farmlands, Hillsboro is part of the Tualatin Valley and has helped anchor the high-tech corridor often called the Silicon Forest, where major semiconductor companies have built large campuses. The city also functions as a gateway to the Willamette Valley's northern reaches, including dozens of tasting rooms, the forested slopes of the Coast Range, and the rolling vineyards of Washington County's farm-to-table landscape.

A short drive from the city center, the Rice Northwest Museum of Rocks and Minerals offers an unexpected draw for visitors, with one of the finest collections of geological specimens in the Pacific Northwest, including meteorites, fossils, and gemstones. Roughly a 15-minute drive from downtown, it is housed in a historic home and provides a family-friendly stop that pairs well with a wine country afternoon. Nearby, the Tualatin Hills Nature Park and surrounding wetlands offer a network of forested trails and boardwalks threaded through more than 200 acres of restored habitat, ideal for easy hikes and birdwatching just minutes from the city center.

For those looking to spend time outdoors on a larger scale, the Tillamook State Forest spreads across the Coast Range west of Hillsboro, offering hiking, picnicking, and the popular Tillamook Forest Center, which tells the story of the area's logging history and the famous 1933 and 1939 Tillamook Burn fires. The drive west on Highway 6 takes a little over an hour and rewards travelers with shaded old-growth groves and views of the Coast Range. Closer to home, Jackson Bottom Wetlands Preserve, on the southern edge of town, features paved and gravel trails winding through restored marshes where herons, hawks, and beavers are commonly seen.

Just minutes north of Hillsboro, Pumpkin Ridge Golf Club is one of the most celebrated public-access courses in the region, having hosted major championships and offering two distinct 18-hole layouts. To the east, a 30-minute drive lands visitors in Portland, where Forest Park's more than 5,000 acres of urban forest, the Japanese Garden, and the Pearl District's restaurants and galleries are all within easy reach.

Hillsboro makes a compelling base for short-term rentals because it pairs a quieter, more residential feel with quick access to the Tualatin Valley's wineries, the Coast Range's forests, and Portland's cultural scene. Visitors who land here can spend a morning hiking wetlands trails, an afternoon sampling nearby wines, and an evening in the city, all without needing to switch lodging.

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