The Most Affordable Neighborhoods in Hazelwood-Mill Park, Portland, OR by Home Value

 

Hazelwood-Mill Park, Portland, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Hazelwood-Mill Park area can be challenging. Home prices in Hazelwood-Mill Park are now at a median cost of $339,883, lower than the Portland average of $436,940.

The average cost of rent is $1,244/mo in Hazelwood-Mill Park, primarily driven by the current value of real estate in the Hazelwood-Mill Park area. While nearly 26.47% of residents own their homes outright in Hazelwood-Mill Park, 49.48% rent.

Housing affordability isn’t just about home prices, though. The average household income in Hazelwood-Mill Park is $4,953 per month. Households that rent pay about 25.11% of their income on rent here. Hazelwood-Mill Park's most expensive areas are in the central regions, while the cheapest areas are in the southern parts of the neighborhood.


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