Affordable
Expensive
Expensive
Colorblind friendly
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These days, finding an affordable place to live in the Mill Park area can be challenging. Home prices in Mill Park are now at a median cost of $402,051, lower than the Portland average of $550,902.
The average cost of rent is $1,584/mo in Mill Park, primarily driven by the current value of real estate in the Mill Park area. In Mill Park, 46.75% of households rent, and 23.98% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Mill Park is $5,447 per month. Households that rent pay about 29.08% of their income on rent here. Mill Park’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Hazelwood-Mill Park, Portland, OR: equally priced homes
- Powellhurst-Gilbert, Portland, OR: equally priced homes
- Montavilla, Portland, OR: higher priced homes
- Centennial, Portland, OR: equally priced homes
- Wilkes, Portland, OR: equally priced homes
- Parkrose, Portland, OR: higher priced homes
- Argay, Portland, OR: higher priced homes
- Lents, Portland, OR: higher priced homes
- Madison South, Portland, OR: higher priced homes
- Pleasant Valley, Portland, OR: higher priced homes
Neighborhoods with Similar Populations
- Wright Area, Santa Rosa, CA: higher priced homes
- Penn, North Liberty, IA: less expensive homes
- Richmond, Lehigh Acres, FL: less expensive homes
- Scott Park, Toledo, OH: less expensive homes
- Security, Security-Widefield, CO: less expensive homes
- South Central Improvemen, Wichita, KS: less expensive homes
- Village de L'Est, New Orleans, LA: less expensive homes
- Water Catchment Area, West Palm Beach, FL: equally priced homes
- Hayward Highland, Hayward, CA: higher priced homes
- Grant Hill, San Diego, CA: higher priced homes
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