
Expensive
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These days, finding an affordable place to live in the Montavilla area can be challenging. Home prices in Montavilla are now at a median cost of $474,243, lower than the Portland average of $550,902.
The average cost of rent is $1,677/mo in Montavilla, primarily driven by the current value of real estate in the Montavilla area. In Montavilla, 35.71% of households rent, and 21.57% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Montavilla is $7,729 per month. Households that rent pay about 21.70% of their income on rent here. Montavilla’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Mount Tabor, Portland, OR: higher priced homes
- Madison South, Portland, OR: higher priced homes
- South Tabor, Portland, OR: higher priced homes
- Center, Portland, OR: higher priced homes
- Roseway, Portland, OR: higher priced homes
- Hazelwood-Mill Park, Portland, OR: equally priced homes
- Mill Park, Portland, OR: less expensive homes
- Foster-Powell, Portland, OR: equally priced homes
- Parkrose, Portland, OR: equally priced homes
- Richmond, Portland, OR: higher priced homes
Neighborhoods with Similar Populations
- Hamilton Area, Baltimore, MD: less expensive homes
- Woodbury, Irvine, CA: higher priced homes
- West Loch, Waipahu, HI: higher priced homes
- South Evanston, Evanston, IL: equally priced homes
- Sherwood-Tualatin South, Tualatin, OR: higher priced homes
- Sabre Springs, San Diego, CA: higher priced homes
- Rita Ranch, Tucson, AZ: less expensive homes
- Group 14621, Rochester, NY: less expensive homes
- Crawford, Chicago, IL: less expensive homes
- Chimney Lakes, Jacksonville, FL: less expensive homes
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