The Most Affordable Neighborhoods in Eliot, Portland, OR by Home Value

 

Eliot, Portland, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Eliot area can be challenging. Home prices in Eliot are now at a median cost of $546,544, higher than the Portland average of $436,940.

The average cost of rent is $1,292/mo in Eliot, primarily driven by the current value of real estate in the Eliot area. While nearly 23.06% of residents own their homes outright in Eliot, 74.01% rent.

Housing affordability isn’t just about home prices, though. The average household income in Eliot is $6,206 per month. Households that rent pay about 20.82% of their income on rent here. Eliot's most expensive areas are in the northeastern regions, while the cheapest areas are in the western parts of the neighborhood.


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