Portland, OR Real Estate
According to census data in the year 2000 there were 237,269 housing units in Portland.
This represents a 19.6% growth from 198,368 in 1990.
Of those housing units, 236,528 were located in either urbanized areas or urban clusters, and 741 were located in what is classified as a rural area.
Homeownership rate in Portland is about 55.8%.
Portland's vacancy rate, including seasonal lodging, is about 5.7%.
Average household size is 2.3 people.
The majority of houses, apartments or condos in Portland were built after 1953.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 7% |
| One Bedroom | 18.20% |
| Two Bedrooms | 31.50% |
| Three Bedrooms | 29.80% |
| Four Bedrooms | 10.60% |
| Five Bedrooms or more | 2.90% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.47 |
| Median year structure was built | 1948 |
| Median Value of occupied units | $154,900 |
| Median Price asked for vacant units | $135,600 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.07 |
| Median year structure was built | 1960 |
| Median Monthly Rent asked for vacant units | $579 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0.40% |
| Second Mortgage | 9.80% |
| Home Equity Loan | 9.70% |
| Simple Mortgage | 55.30% |
| Debt Free | 24.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 21.4% |
