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.


Housing Size

Housing Units by Size
Studio Type7%
One Bedroom18.20%
Two Bedrooms31.50%
Three Bedrooms29.80%
Four Bedrooms10.60%
Five Bedrooms or more2.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1948
Median Value of occupied units$154,900
Median Price asked for vacant units$135,600

Rented Homes, Apartments and Condos

Average Household Size2.07
Median year structure was built1960
Median Monthly Rent asked for vacant units$579

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage9.80%
Home Equity Loan9.70%
Simple Mortgage55.30%
Debt Free24.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs21.4%