Looking for a fresh start in a new Portland neighborhood that is actually affordable? Fortunately, there are some neighborhoods that still offer affordable cost of living. Listed below are the most affordable neighborhoods in Portland for 2026, ranked by their cost of living index. The cost of living index includes various items such as: goods and services, groceries, utilities, real estate and rental rates. For reference, the national average for cost of living is 100.

Population 579
-26%
Cost of Living Index 103 vs 139
26% lower than Portland
Population 26,539
-25%
Cost of Living Index 105 vs 139
25% lower than Portland
Population 8,246
-18%
Cost of Living Index 113 vs 139
18% lower than Portland
Population 10,060
-17%
Cost of Living Index 116 vs 139
17% lower than Portland
Population 8,071
-16%
Cost of Living Index 116 vs 139
16% lower than Portland
Population 10,991
-16%
Cost of Living Index 116 vs 139
16% lower than Portland
Population 23,357
-14%
Cost of Living Index 119 vs 139
14% lower than Portland
Population 427
-13%
Cost of Living Index 121 vs 139
13% lower than Portland
Population 26,247
-12%
Cost of Living Index 122 vs 139
12% lower than Portland
Population 18,365
-11%
Cost of Living Index 123 vs 139
11% lower than Portland
Is This the Right Place for You? Local Insights Report
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Local Insights Report