The Most Affordable Neighborhoods in Cathedral Park, Portland, OR by Home Value

 

Cathedral Park, Portland, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cathedral Park area can be challenging. Home prices in Cathedral Park are now at a median cost of $478,876, lower than the Portland average of $550,902.

The average cost of rent is $1,729/mo in Cathedral Park, primarily driven by the current value of real estate in the Cathedral Park area. In Cathedral Park, 44.01% of households rent, and 19.23% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cathedral Park is $6,794 per month. Households that rent pay about 25.44% of their income on rent here. Cathedral Park’s most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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