$800
Total Monthly Price
- 2 Beds
- 1 Bath
- 600 Sq Ft
- Condo for Rent
4740 Tishomingo Rd Unit A, Hillsboro, MO 63050
Frequently Asked Questions
How much does it cost to rent a condo in Hillsboro, MO?
The median rent for a condo in Hillsboro, MO is $2,195 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Hillsboro, MO?
To comfortably afford the median rent in Hillsboro, MO, a household needs to earn roughly $87,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $2,195 per month in Hillsboro, MO, renters typically need to show $6,585 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Hillsboro, MO?
In Hillsboro, MO, the price-to-rent ratio is 12.5, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
