Similar to nearby areas, it is substantially less expensive compared to the entire nation. Compared to the city of Champaign, it's substantially less expensive.
Home prices
The median home value in Hillsboro is $75,000. Compared to nearby areas this is is very similar.It is roughly $142,500 (65%) lower in comparison to the US as a whole, and it is roughly $86,800 (53%) lower in comparison to the city of Champaign.
Rents
The median monthly rent in Hillsboro is $896. Compared to other places in this area this is roughly $251 (39%) higher.In comparison to the nation as a whole it is about $166 (15%) lower, and it is about $56 (5%) lower compared to the city of Champaign.
Nearby places
Mellott
Mellott is approximately 3 miles north from Hillsboro. Housing prices there are fairly similar. The value of the median home in Mellott is $77,500, which is $2,500 (3%) higher than Hillsboro. Rents there are significantly less expensive. In Mellott the median monthly rent is $585, which comes out to $311 (53%) lower than Hillsboro.
Waynetown
Waynetown is approximately 4 miles east of Hillsboro. Housing prices there are somewhat more expensive. The median home in Waynetown is valued at $85,900, which is $10,900 (12%) higher than Hillsboro. The rent there is a bit less expensive. In Waynetown the median monthly rent is $780, which comes out to $116 (14%) lower than Hillsboro.
Veedersburg
Veedersburg is about 4 miles west of Hillsboro. The real estate prices there are pretty similar. The median home in Veedersburg costs $75,000, which is very similar to Hillsboro. Rents there are a lot less expensive. The median rent in Veedersburg is $657 per month, which comes out to $239 (36%) lower than Hillsboro.
Wingate
Wingate is about 5 miles northeast from Hillsboro. The real estate prices there are somewhat less expensive. The median home price in Wingate is $60,000, which works out to $15,000 (25%) lower than Hillsboro. Rent there is substantially less expensive. Wingate's median monthly rent is $513, which works out to $383 (74%) lower than Hillsboro.
Newtown
Newtown is about 6 miles north from Hillsboro. Housing prices there are pretty similar. The median home in Newtown is valued at $77,100, which is $2,100 (2%) higher than Hillsboro. Rent there is somewhat less expensive. In Newtown the median monthly rent is $688, which is $208 (30%) lower than Hillsboro.
