Average home prices are released yearly by Portland Monthly. While prices shown are an average, actual home prices can vary greatly across a neighborhood.

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Tigard

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Average Home Price: $425,422

Tigard is a city in Washington Country, located south of Beaverton and north of Tualatin, and still considered part of the Portland metropolitan area. With an historic and revitalized downtown region, farmers market, and beautiful parks and trails, Tigard is a desirable, affordable community with easy access to Portland, Beaverton, and Hillsboro. Tigard Interstate 5 and Oregon Route 217 are the main freeway connectors to the city, with rail services provided by Trimet.

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Milwaukie

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Average Home Price: $352,025

Milwaukie lies largely in Clackamas County, right on the banks of the Willamette River. The “Dogwood City of the West” offers small town charm with easy access to big city amenities. The new Orange Max line will make the short commute into downtown Portland easier than ever before. Although Milwaukie is small (just 4.85 sq. mi.), the appeal is large; beautiful views from the Willamette River Waterfront Park, access to water-sports, parks, biking trails and great schools. Milwaukie is a safe and clean community and is named as one of the 50 best places to raise a family.

Parkrose/Parkrose Heights

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Average Home Price: $309,506

The Parkrose area had been a small farming and residential suburb of Portland until the 1920s and was annexed by Portland in 1980. Located close to the airport and near major roads, commuting from the mostly residential suburban neighborhoods of Parkrose and Parkrose Heights is easy. The busier streets provide ample shopping and dining opportunities. The Parkrose/Sumner Transit Center is served by the Red line of the Max Light Rail and I-205 runs through the neighborhoods.

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Lents

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Average Home Price: $297,577

Lents is one of the largest neighborhoods in the city, one of the oldest, and one of its most diverse. Somewhat neglected for many years, Portland has recently seen the potential value of the Lents neighborhood and established it as an Urban Renewal Area. Many new homes and businesses have been established and more are planned. The MAX light rail system has been expanded southward from the Gateway hub, along I-205 to the Clackamas Town Center shopping mall.

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Multnomah

Average Home Price: $443,538

SW Portland is largely suburban in feel, but Multnomah Village offers a more urban vibe. Restaurants, bars, and shops create a lively environment for locals. The village is at the intersection of Capitol and Multnomah Blvd, a pretty busy road, but it is still pedestrian friendly for the stretch of a few blocks.

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Sunnyside

Average Home Price: $549,615

The Sunnyside neighborhood is a very popular area in southeast Portland – known to most as “Belmont”. Sunnyside is home to many locally owned coffee shops, markets, bars, shops, and restaurants. In particular, SE Belmont Street is a favorite destination for many locals. This area has a nice mix of urban diversity, with a funky feel and local color.

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Brooklyn

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Average Home Price: $475,490

Brooklyn is close to some of Portland’s most hip and popular neighborhoods, like Sellwood, Hawthorne and Clinton. Residents have plenty of coffee, pub and dining options very nearby and often in the next neighborhood over. Brooklyn itself is a mix of residential and industrial buildings. With the addition of the new Orange MAX line, it is easier than ever to get around downtown Portland from the Brooklyn neighborhood.

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