Housing in Portland Downtown at a glance
- Population
- 14,165
- Housing units
- about 9,282
- Median value, owner-occupied homes
- $471,000Portland: $581,500 (-19%)
- Median gross rent
- $1,390 a monthPortland: $1,655 (-16%)
- Owner-occupied homes
- 14.7%Portland: 52%
- Homes built before 1980
- 38.8%
- Median year built
- 1987
Renters dominate Portland Downtown. Owner households make up just 14.7% of the total, the lowest share of the ten sectors, against 52% across Portland, and the 7,019 renting households dwarf the 1,212 that own. Rent is lowest too: $1,390 sits 16% under the city's $1,655. Values break the pattern, though, with the typical home estimated at $471,000, fourth-highest of ten. Montavilla, one of the neighbours, comes in near that figure at $459,000 but with 66.2% of households owning, while Northwest District sits much higher, $895,000, as does Sellwood-Moreland, $660,000. The stock here is newer than around it, with 38.8% of homes predating 1980 and a midpoint construction year of 1987, and the sector lies west of the city's population centre. Sellwood-Moreland has 45.4% owners, still far above Portland Downtown's rate, and Northwest District, with 17.8%, is nearest on tenure.
Questions about Portland Downtown
What is the median home value in Portland Downtown, Portland?
$471,000 for owner-occupied homes, against $581,500 for Portland as a whole (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary). It is the owners' own estimate of their home's value, not a sale price.
What is the median rent in Portland Downtown?
$1,390 a month in gross rent (rent plus utilities paid by the renter), against $1,655 in Portland (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Do most people in Portland Downtown own or rent?
Most rent: 14.7% of occupied homes are owner-occupied, against 52% in Portland (Payotte estimate from Census ACS 2020-2024 5-year data for the census tracts within the official boundary).
Data and method
Data as of: American Community Survey 2020-2024 5-year estimates, U.S. Census Bureau (retrieved 2026-11-02).
Estimate from the 5 census tracts whose internal point lies within the official boundary: counts are summed, and each median is recomputed from the summed value, rent and year-built brackets (grouped median, linear interpolation). The gap with the city is measured with the same method on the whole city. Boundaries used: City of Portland (PortlandMaps), Portland Neighborhoods (consulted 2026-11-02).
Portland Downtown is one of the 10 most populous neighborhoods (of 94 neighborhoods) of Portland: population 14,165 (Portland Neighborhoods: 2020 Census Profiles (Portland State University Population Research Center for the City of Portland Office of Community and Civic Life, Aug. 2022) - 2020 Census population by neighborhood).
Sources: U.S. Census Bureau, American Community Survey 2020-2024 5-year estimates, tables B01003, B25001, B25003, B25034, B25063, B25064, B25075, B25077; U.S. Census Bureau, 2024 Gazetteer files (census tract internal points). City figures: the same survey, published for Portland as a whole. Home values are owners' estimates, not sale prices.
Near Portland Downtown
The closest sectors of Portland, by distance between population centres.
Other sectors of Portland
Five trades, one spot each
Payotte lists one professional per trade in Portland Downtown. No one is listed yet: every spot is open.
- Real estate agentOpen spot
- Mortgage loan officerOpen spot
- Home inspectorOpen spot
- Real estate attorneyOpen spot
- AppraiserOpen spot
Work in one of these trades in Portland Downtown? Ask for your spot.