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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Alameda

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Average Home Price: $709,588

Northeast Fremont Street is Alameda’s main east-west thoroughfare and NE 33rd, its main north-south thoroughfare, makes up its eastern boundary. The neighborhood’s houses are mostly cottages and expansive Craftsman homes, most of which have been beautifully maintained. Alameda is located between the business districts of Beaumont Village and the Hollywood District.

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Alberta Arts District

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Average Home Price: $583,770

NE Alberta Street is mostly residential until it gets to the teen streets and becomes what is known informally as the Alberta Arts District. Alberta Arts isn’t its own recognized neighborhood, but spans across King, Vernon, and Concordia neighborhoods.

Although the effects of gentrification in the area remain a hot topic, Alberta seems to have become a stable, welcoming environment most noticeably during Last Thursday, a monthly street festival celebrating art, food, and community.

Alberta Street has many newly renovated retail storefronts and restaurant spaces. These are mixed in with older businesses that have been there before the area became trendy. There is a strong focus on indie designers, handcrafted items, and boutique shops. Alberta is unique and dynamic and definitely a destination point locals and visitors alike.

Arbor Lodge

Average Home Price: $460,602

Arbor Lodge boasts quiet streets, a New Seasons Market, coffee shops, and restaurants. Despite busy Interstate Avenue, cyclists and pedestrians are always out. Convenience of the MAX and I-5 makes for a quick and easy commute to downtown. Arbor Lodge has a number of great parks, and is home to Chief Joseph Elementary, one of North Portland’s most beloved elementary schools.

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Ardenwald-Johnson Creek

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Average Home Price: $468,461

The Ardenwald-Johnson Creek Neighborhood boundaries reach from the backyards of the homes along Crystal Springs Blvd in Eastmoreland all the way to Milwaukie. The neighborhood is home to wildlife area Tideman Johnson Park and a portion of the Springwater Corridor – a lovely multi-use trail. Ardenwald is a family-oriented and slightly old fashioned neighborhood.

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Argay Terrace

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Average Home Price: $464,614

Argay Terrace is a Northeast Portland subdivision primarily built in the 1960s. Consisting mainly of mid-century ranch homes, the neighborhood was designed to prevent high traffic streets, has a number of green walkways, a park, and is quite an attractive area. Close proximity to the I84 Freeway provides easy commuting into Portland or road trips through The Gorge.

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