Affordable
Expensive
Expensive
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These days, finding an affordable place to live in the Parkrose area can be challenging. Home prices in Parkrose are now at a median cost of $448,445, lower than the Portland average of $550,902.
The average cost of rent is $1,513/mo in Parkrose, primarily driven by the current value of real estate in the Parkrose area. In Parkrose, 37.53% of households rent, and 25.42% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Parkrose is $6,264 per month. Households that rent pay about 24.15% of their income on rent here. Parkrose’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
- Argay, Portland, OR: equally priced homes
- Madison South, Portland, OR: higher priced homes
- Hazelwood-Mill Park, Portland, OR: equally priced homes
- Montavilla, Portland, OR: equally priced homes
- Wilkes, Portland, OR: less expensive homes
- Roseway, Portland, OR: higher priced homes
- Mill Park, Portland, OR: less expensive homes
- Cully, Portland, OR: higher priced homes
- Mount Tabor, Portland, OR: higher priced homes
- Center, Portland, OR: higher priced homes
Neighborhoods with Similar Populations
- East Village, San Diego, CA: higher priced homes
- Sugerloaf, San Mateo, CA: higher priced homes
- Firestone Park, Akron, OH: less expensive homes
- Fern Creek, Louisville, KY: less expensive homes
- Far Southwest, Fort Worth, TX: equally priced homes
- The Avenues, Salt Lake City, UT: higher priced homes
- Emmons Orchard, Lincoln Park, MI: less expensive homes
- Elmhurst, Providence, RI: less expensive homes
- Egger Highlands, San Diego, CA: higher priced homes
- Edison Park, Chicago, IL: equally priced homes
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