Like any large city, home prices in Portland have continued to increase over the years. Fortunately, there are still some neighborhoods in Portland that offer some affordable housing options. These are the cheapest neighborhoods in Portland for 2026. The neighborhoods are ranked by the lowest median home prices when compared to the average median home price in Portland.

Population 579
-66%
Median Home Value $264,798
66% less expensive than Portland
Population 26,539
-58%
Median Home Value $326,767
58% less expensive than Portland
Population 8,246
-49%
Median Home Value $404,536
49% less expensive than Portland
Population 10,991
-42%
Median Home Value $452,387
42% less expensive than Portland
Population 8,071
-42%
Median Home Value $455,686
42% less expensive than Portland
Population 10,060
-41%
Median Home Value $465,780
41% less expensive than Portland
Population 23,357
-36%
Median Home Value $499,811
36% less expensive than Portland
Population 427
-36%
Median Home Value $502,692
36% less expensive than Portland
Population 703
-35%
Median Home Value $514,386
35% less expensive than Portland
Population 26,247
-30%
Median Home Value $553,964
30% less expensive than Portland
Is This the Right Place for You? Local Insights Report
  • Uncover the key details before you move
  • Use local data to guide a smarter investment
  • Compare neighborhoods side by side
Local Insights Report