Thinking about moving to Portland, but worried about the area’s high price tag? While Portland’s cost of living is 23% higher than the national average, that doesn’t mean finding a budget-friendly home is impossible! If you’re looking for safe, affordable places to live in Portland, check out these five neighborhoods!
- Northwest District
- Home Price: $455,088 median purchase price; $687 median monthly rent
- Crime Rate: Safer than 65% of Oregon cities
- Perfect For: Families, retirees
Located on the east side of the Willamette River, Eastmoreland is a primarily residential area in Southeast Portland that’s ideal for those who want a quiet place to live while still having an easy commute into the city via the MAX Light Rail Orange Line. With spacious Tudor and Colonial-style houses in the area, Eastmoreland is perfect for families who need room to grow. Parents can also rest assured that their kids will receive excellent educations from great public and private schools in the area like Lewis Elementary School, Duniway Elementary School, and Holy Family Catholic School.
Things to Do in Eastmoreland
Play 18 holes at public golf course Eastmoreland Golf Course. Stroll through the beautiful Crystal Springs Rhododendron Garden, where you can explore the gardens and see local wildlife. Take the kids to Westmoreland Park to play baseball, climb on the rock playground, and more. Pick up some new books, attend children’s storytime, or take a class at Woodstock Library. Order a brick-oven Margherita or Truffle Shuffle pizza along with a hard cider or a Hop Lion IPA at Double Mountain Taproom. Try the grass-fed beef in burgers like The Primal Burger, Hunt & Gather, or Umami at Dick’s Primal Burger. Or pop into the taproom at Gigantic Brewing Company for a house-brewed IPA, saison, or wheat beer.
- Home Price: $417,230 median purchase price; $1,204 median monthly rent
- Crime Rate: Safer than 61% of Oregon cities
- Perfect For: Singles, young professionals, families
With its mix of Craftsman-style houses, bungalows, modern townhomes, and affordable apartments, Hosford-Abernethy is one of the best neighborhoods in Portland for unique housing in a convenient location. Just across the Willamette River from Downtown Portland, the area offers incredible skyline and waterfront views, easy access to the Portland Streetcar, and plenty of things to do outside of the city center. While Hosford-Abernethy is typically a popular neighborhood for recent college grads and young professionals, it’s also a good spot for young families who want to be close to highly-rated schools like Abernethy Elementary School, Hosford Middle School, and Cleveland High School.
Things to Do in Hosford-Abernethy
Check out the interactive science exhibits at Oregon Museum of Science and Industry (OMSI). Visit the Oregon Rail Heritage Center to walk through three vintage steam engines and learn more about locomotives. Attend midnight screenings of The Rocky Horror Picture Show at The Clinton Street Theater. Grab a breakfast sandwich and a fresh-brewed coffee before work at Upper Left Roasters. Treat your sweet tooth to unique ice cream flavors like Soy Sauce Caramel, Horchata, and Banana Pudding at Fifty Licks Ice Cream. Venture to La Panza Cafe for delicious New Mexican-inspired fare like Santa Fe Nachos, Posole, and Green Chile Cheese Fries. Or make your way to beloved dive bar Firkin Tavern to shoot some pool, enjoy some beers on the covered patio, or catch live music on the weekends.
- Home Price: $369,755 median purchase price; $1,278 median monthly rent
- Crime Rate: Safer than 47% of Oregon cities
- Perfect For: Singles, young professionals, families, retirees
One of the most diverse neighborhoods in Portland—and also one of the best for young professionals—King blends small community vibes with urban amenities in Northeast Portland. Located about 15 minutes from both Downtown Portland and Portland International Airport with MAX Light Rail Blue and Yellow lines just a short drive away, this neighborhood is in a convenient location for commuters and frequent travelers. In addition, King offers a variety of housing options from Old Portland-style houses to modern apartments within walking or biking distance of trendy restaurants, bars, and shops.
Things to Do in King
Pick up fresh produce, enjoy live music, and check out cooking demonstrations at the King Farmers Market May through November. Head over to Curious Comedy Theater for standup shows or take a comedy class to test your improv skills. Mark your calendar for the annual Mississippi Street Fair, where you can meet other local residents and enjoy a day full of food, beer gardens, and live music. Get season tickets to see plays and musicals starring local actors at Portland Playhouse. Grab brunch or lunch at Tin Shed Garden Cafe, where you can get dog-friendly dishes for your furry friend. Pop into The Bye and Bye for vegan bites and handcrafted cocktails like My Uncle’s Nephew and North Williams. Or order a round of beers, play some shuffleboard, and hang out on the patio with some friends at Vendetta.
- Home Price: $460,796 median purchase price; $1,069 median monthly rent
- Crime Rate: Safer than 67% of Oregon cities
- Perfect For: Singles, young professionals
Want to live near Downtown Portland, but don’t want to pay downtown prices? Northwest District is a great option! Not only can you easily head into the city for work or weekend nightlife via the Portland Streetcar or the MAX Light Rail from this neighborhood, but you can also find a wider range of housing options here, from Victorian-style houses and refurbished condos to newly-constructed townhomes and spacious apartments. Not to mention, Northwest District is one of the best places to live in Portland if you love outdoor recreation, thanks to its close proximity to Forest Park and the Willamette River.
Things to Do in Northwest District
Go hiking or biking along the trails of Macleay Park. Make your way down to the Oregon Zoo, where you can see elephants, tigers, monkeys, and otters. Discover all kinds of curious and creepy artwork at the Freakybuttrue Peculiarium. Catch a Portland Timbers (MLS) game in the summer at Providence Park. Try interesting ice cream flavors like Pear & Blue Cheese, Honey Lavender, and Arbequina Olive Oil at Salt & Straw. Dig into all-day breakfast items like the Smoked Salmon Scramble or the Chipped Beef on Toast at Industrial Cafe & Saloon. Order the Crispy Duck Confit, Pan-Seared Halibut, or Pork Schnitzel at Besaw’s. Or take your pick of red and white wines by the glass at The Old Portland wine bar.
- Home Price: $308,000 median purchase price; $1,132 median monthly rent
- Crime Rate: Safer than 32% of Oregon cities
- Perfect For: Singles, young professionals, families, retirees
If you’re looking for an affordable neighborhood in Portland, you can’t go wrong with Richmond. With cozy bungalows and Craftsman-style houses available for both those interested in buying a home in Portland and those renting a home, this area has the space you need at a budget-friendly price. One of the reasons why locals love this neighborhood is that its residential areas are safe and quiet, while its commercials areas are just as lively as more urban spots in Portland. Another perk of Richmond is that it’s very community-focused. In fact, the Richmond Neighborhood Association works hard to foster a good place to live for everyone, and they host frequent meetings and events for residents.
Things to Do in Richmond
Catch a rock concert, a comedy show, and everything in between at all-ages venue The Hawthorne Theater. Pick up vintage clothing and accessories at antique store House of Vintage. Check out Powell’s Books on Hawthorne, where you can find novels by up-and-coming local authors. Get an early morning jolt with a coffee or a latte from Stumptown Coffee Roasters. Try family-style Thai dishes like Yam Samun Phrai and Kaeng Som Plaa at Pok Pok. Head to Ava Gene’s for Italian favorites like Chicken Piccata or Linguine with Mussels. Sip on a Robot Panda Hazy IPA while munching on some kale chips at Hopworks Urban Brewery. Or grab a beer and listen to local country musicians at Landmark Saloon.
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Neighborhood statistics from AreaVibes