
Expensive
Colorblind friendly
off
These days, finding an affordable place to live in the Far Southwest area can be challenging. Home prices in Far Southwest are now at a median cost of $761,811, higher than the Portland average of $550,902.
The average cost of rent is $2,138/mo in Far Southwest, primarily driven by the current value of real estate in the Far Southwest area. In Far Southwest, 23.54% 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 Far Southwest is $12,145 per month. Households that rent pay about 17.60% of their income on rent here. Far Southwest’s most expensive areas are in the eastern 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.
Nearby Neighborhoods
- Mt. Park, Lake Oswego, OR: equally priced homes
- Maplewood-Ashcreek, Portland, OR: less expensive homes
- Hillsdale, Portland, OR: equally priced homes
- Hayhurst, Portland, OR: less expensive homes
- Sellwood-Moreland, Portland, OR: less expensive homes
- Lake Forest, Lake Oswego, OR: equally priced homes
- Corbett-Terwilliger-Lair Hill, Portland, OR: less expensive homes
- Bridlemile, Portland, OR: equally priced homes
- Palisades, Lake Oswego, OR: higher priced homes
- Garden Home-Raleigh Hills, Portland, OR: equally priced homes
Neighborhoods with Similar Populations
- Woodrow, Staten Island, NY: equally priced homes
- Fair Haven, New Haven, CT: less expensive homes
- East Sacramento, Sacramento, CA: higher priced homes
- SouthWest Santa Rosa, Santa Rosa, CA: less expensive homes
- Tampa Palms, Tampa, FL: less expensive homes
- City Heights West, San Diego, CA: less expensive homes
- Vance Jackson, San Antonio, TX: less expensive homes
- Cherry Creek, Denver, CO: higher priced homes
- West Elsdon, Chicago, IL: less expensive homes
- Cedar Hills-Cedar Mill, Portland, OR: equally priced homes
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