The Most Affordable Neighborhoods in Powellhurst-Gilbert, Portland, OR by Home Value

 

Powellhurst-Gilbert, Portland, OR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Powellhurst-Gilbert area can be challenging. Home prices in Powellhurst-Gilbert are now at a median cost of $399,784, lower than the Portland average of $550,902.

The average cost of rent is $1,684/mo in Powellhurst-Gilbert, primarily driven by the current value of real estate in the Powellhurst-Gilbert area. In Powellhurst-Gilbert, 49.90% of households rent, and 30.88% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Powellhurst-Gilbert is $5,491 per month. Households that rent pay about 30.66% of their income on rent here. Powellhurst-Gilbert’s most expensive areas are in the northern regions, while the cheapest areas are in the southeastern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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