The Most Affordable Neighborhoods in Cedar Hills-Cedar Mill, Portland, OR by Home Value

 

Cedar Hills-Cedar Mill, Portland, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cedar Hills-Cedar Mill area can be challenging. Home prices in Cedar Hills-Cedar Mill are now at a median cost of $695,114, higher than the Portland average of $550,902.

The average cost of rent is $2,103/mo in Cedar Hills-Cedar Mill, primarily driven by the current value of real estate in the Cedar Hills-Cedar Mill area. In Cedar Hills-Cedar Mill, 44.19% of households rent, and 31.40% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cedar Hills-Cedar Mill is $11,540 per month. Households that rent pay about 18.23% of their income on rent here. Cedar Hills-Cedar Mill’s most expensive areas are in the northeastern regions, while the cheapest areas are in the central 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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