
Expensive
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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 $680,007, higher than the Portland average of $550,902.
The average cost of rent is $1,674/mo in Eliot, primarily driven by the current value of real estate in the Eliot area. In Eliot, 79.30% of households rent, and 26.55% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Eliot is $5,870 per month. Households that rent pay about 28.52% of their income on rent here. Eliot’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Irvington, Portland, OR: higher priced homes
- King, Portland, OR: equally priced homes
- Boise, Portland, OR: less expensive homes
- Old Town-Chinatown, Portland, OR: less expensive homes
- Pearl District, Portland, OR: equally priced homes
- Alameda, Portland, OR: higher priced homes
- Alberta, Portland, OR: equally priced homes
- Overlook, Portland, OR: less expensive homes
- Kerns, Portland, OR: equally priced homes
- Slabtown, Portland, OR: less expensive homes
Neighborhoods with Similar Populations
- Fort Phantom Area, Abilene, TX: less expensive homes
- University, Buffalo, NY: less expensive homes
- University Hills, Austin, TX: less expensive homes
- Urbanizacion Caparra Terrace, San Juan, PR: less expensive homes
- Urbanizacion Levittown Lakes, Toa Baja, PR: less expensive homes
- Greendale, Worcester, MA: less expensive homes
- Victoria Gardens, Rancho Cucamonga, CA: equally priced homes
- Globe, Woonsocket, RI: less expensive homes
- Vine, Kalamazoo, MI: less expensive homes
- Garment District, Manhattan, NY: higher priced homes
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