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These days, finding an affordable place to live in the Portland area can be challenging. Home prices in Portland are now at a median cost of $72,269, lower than the Louisville average of $270,137.
The average cost of rent is $1,012/mo in Portland, primarily driven by the current value of real estate in the Portland area. In Portland, 54.29% of households rent, and 55.56% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Portland is $2,822 per month. Households that rent pay about 35.86% of their income on rent here. Portland’s most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the neighborhood.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Neighborhoods
- Russell, Louisville, KY: higher priced homes
- Shawnee, Louisville, KY: higher priced homes
- California, Louisville, KY: higher priced homes
- Parkland, Louisville, KY: higher priced homes
- Central Business District, Louisville, KY: higher priced homes
- Chickasaw, Louisville, KY: higher priced homes
- Park Hill, Louisville, KY: higher priced homes
- Park Duvalle, Louisville, KY: higher priced homes
- Old Louisville, Louisville, KY: higher priced homes
- Phoenix Hill, Louisville, KY: higher priced homes
Neighborhoods with Similar Populations
- Downtown Los Angeles, Los Angeles, CA: higher priced homes
- Scarsdale, Arlington Heights, IL: higher priced homes
- South Chicago, Chicago, IL: higher priced homes
- St. Dennis, Louisville, KY: higher priced homes
- Sun City, Georgetown, TX: higher priced homes
- Sunset Arcre-Garden Valley-Morningside, Shreveport, LA: equally priced homes
- Sunset Heights, Orem, UT: higher priced homes
- Temple Crest, Tampa, FL: higher priced homes
- Vistancia, Peoria, AZ: higher priced homes
- West End, Fontana, CA: higher priced homes
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