Most Affordable Homes for Sale in Portland, OR Right Now
Last updated: September 9, 2026
Portland has a median home sale price of $525K, a 0.58% decrease from last year. Homes stay on the market for an average of 73 days and receive an average of 3 offers.
About this home
Been dreaming of a quiet retreat on the water? Just you and the Columbia river musing together while the sun sets? Welcome to this outer slip at Island Cove! Park the boat in front of the house and come and go from the river with ultimate ease, no neighbors in front of you! This is a rare and unique opportunity - buyer has the option to restore the floating home to marina standards or remove the home and bring in their own marina approved floating home. The house is a 2 bed/2 bath 1147 sq. ft. fixer that needs repair. Floats(foundation), roof, interior all need attention. Perfect opportunity to create the space you want right on the river. Island Cove is a quiet, gated community on the Columbia river that comes with dedicated and secured parking. Lotus Isle Park is right next to the marina, and Hayden Island and all of North Portland is within quick reach. Come create the space to your liking and find yourself rested on the water; to watch the holiday ships roll past, the cormorants and pelicans nest and hunt, and drift in the gentle rhythm of this amazing waterfront community. Internal photos available upon request.
About this home
Step into the timeless character of Portland's historic Empress building! This well-kept loft-style condo offers hardwood floors throughout and a comfortable, open layout that captures the charm of this iconic 1927 building. Original architectural character pairs beautifully with the convenience of urban living, creating a space that feels both inviting and uniquely Portland. The Empress offers secure entry, elevator access, dedicated storage, and a bike room, adding everyday convenience to its historic appeal. Ideally located in Northwest Portland, you're surrounded by the energy of the Pearl District and Nob Hill with an abundance of restaurants, coffee shops, boutiques, entertainment, parks, and neighborhood amenities just outside your door. Enjoy easy access to NW 23rd, downtown Portland, Washington Park, Forest Park, Providence Park, and some of the city's most walkable destinations. With the character of a historic building and the lifestyle of one of Portland's most desirable urban neighborhoods, this loft is a wonderful opportunity to own a piece of Portland history.
About this home
This modern upper-level condo unit built in 2023 offers an efficient one-bedroom, one-bathroom layout spanning 447 square feet in the highly desirable Arbor Lodge neighborhood of North Portland. Featuring bright, open living spaces with luxury vinyl plank flooring, recessed ceiling lights, and abundant natural light from large windows and a sliding glass door to a private balcony, the home includes a contemporary kitchen with white shaker cabinets, sleek black appliances, quartz countertops, and in-unit utility hookups for ultimate convenience. The ductless mini-split system in the living room provides efficient heating and cooling, while the primary bedroom offers a spacious walk-in closet, cadet heat and serene views. Easy access to parks like Arbor Lodge Park, local dining, shopping, public transit, and quick commutes to downtown Portland, the Alberta Arts District, and beyond. Don't miss this affordable entry into modern Portland living!
About this home
Experience the beauty of Multnomah Channel living in this charming 1-bedroom, 1-bath floating home with boatwell at Skyline Moorage, surrounded by incredible Pacific Northwest scenery and wildlife while still just a quick trip down Highway 30 to Portland. One of the home's amazing features is the rooftop deck offering incredible 360° views of the Multnomah Channel and surrounding natural scenery, the perfect place to relax, entertain, watch sunsets, or take in the abundant wildlife. Enjoy frequent sightings of bald eagles, osprey, owls, sea lions, and seasonal salmon runs. Directly across the channel on Sauvie Island, land owned by the U. S. Army Corps of Engineers helps preserve the beautiful, unobstructed setting. Inside, a Daikin mini-split provides efficient heating and cooling on the main level, with additional upstairs cooling and supplemental heaters. The home is also available furnished, offering an excellent turnkey opportunity. A major bonus is the private boatwell with an existing boat lift, making it easy to enjoy everything the river has to offer. The seller's approximately 18' 1995 Century boat and trailer may also be available, and Skyline offers access to an on-site private boat launch right across from the floating home combo. The home utilizes a multi-stage river-water filtration system for bathing, dishwashing, and household use, with bottled water currently used for drinking and cooking. Moorage amenities include sewer, garbage and recycling, communal dock maintenance, designated parking, and optional boat-trailer parking. Whether you're looking for a full-time home or waterfront getaway, this is a unique opportunity to enjoy boating, wildlife, 360° views, and floating life directly on the Multnomah Channel without giving up convenient access to Portland.
About this home
Welcome to this cozy and beautifully updated 1-bedroom, 1-bath condo, offering comfortable, low-maintenance living in a highly convenient location. Situated on the second floor, this move-in-ready home includes a utility room, walk-in closet and one deeded parking space. The bright, open floor plan features brand-new luxury laminate flooring throughout the entire unit, creating a modern, seamless look. The kitchen is both stylish and functional, complete with a breakfast eating bar, new stove, new built-in microwave, and new refrigerator—perfect for everyday living and entertaining. Enjoy year-round comfort with a heat pump providing both heating and air conditioning, plus an additional zoned electric heater for added efficiency. New window blinds throughout the home complete the fresh, updated interior. Ideally located on major bus lines and just one block from the MAX Light Rail, this home also offers quick access to I-205, shopping, restaurants, and Portland International Airport, making commuting and travel a breeze. The HOA dues ($277.28/month) include water, sewer, garbage, exterior insurance, common area maintenance, and professional management, providing exceptional value and peace of mind. (the seller will pay off the 2nd HOA due so buyer will not be responsible for the current $218 monthly due) Whether you're a first-time homebuyer, an investor, or someone looking to downsize into a cozy, easy-to-maintain home, this beautifully updated condo is an outstanding opportunity. Move right in and start enjoying the comfort, convenience, and value this home has to offer!
About this home
Great opportunity to own a one-bedroom condo in Portland with comfort & convenience! This unit had been a rental for many years & the tenant loved it! Perfectly positioned with quick access to Hwy 205, I-84, and downtown Portland. If you're looking for low maintenance and affordable home in the heart of it all, come see it for yourself.
About this home
Welcome to easy, low-maintenance living in a beautiful North Portland setting near the Columbia River! This light-filled end-unit condo offers an inviting and affordable place to call home, complete with a pleasant courtyard view and outdoor recreation just beyond your doorstep. Inside, wood floors create a warm and welcoming feel, while recent updates include new light fixtures, stove, and washing machine. A new mini-split heating and cooling system will also be installed prior to closing with an acceptable offer. An in-unit washer and dryer and deeded parking space add to the everyday convenience. Step outside to your own private outdoor space, perfect for morning coffee or relaxing at the end of the day while enjoying the peaceful courtyard setting. The community offers an impressive collection of amenities, including two seasonal pools, tennis and athletic courts, a fitness center, recreation room, and a guest room available to rent. Paved walking paths and nearby waterfront scenery provide even more opportunities to enjoy the outdoors. The HOA fee includes water, sewer, and trash, making ownership that much simpler. Convenient access to I-5 provides an easy connection to downtown Portland, Vancouver, and recreation throughout the region. Whether you're purchasing your first home, downsizing, or looking for a convenient Portland home base, this end-unit condo offers a wonderful combination of location, amenities, and low-maintenance, resort-style living. Come experience the lifestyle for yourself. Schedule your private showing today!
About this home
Excellent Upper-level 1 bedroom Condo in St. Johns. High walk and bike scores. Less than a half mile to heart of St. Johns - movie theaters, restaurants, farmer's market, and more. Bus stop right at corner of Lombard and Caitlin. Enjoy beautiful Cathedral Park and Pier Park less than a mile away. Unit comes with deeded parking space and storage unit. No rental cap! See our virtual tour links for more information!
About this home
1300 NE 68th Ave is a one-story Portland corner home with a functional layout and modern finishes throughout. The kitchen features stainless steel appliances and granite countertops, creating a polished and well-equipped cooking space. This residence combines practical design with comfortable living spaces, delivering functional amenities throughout every room. This home has been virtually staged to illustrate its potential.
About this home
2BD/1BA condo in Gateway Arbors! Recently refreshed with brand-new flooring and fresh interior paint throughout. HOA's include Water, Sewer, Garbage, & Exterior Maintenance. No rental Cap and a Deeded Parking Space. Major exterior updates include new roof, new windows, and new siding, offering added value and peace of mind. Light-filled, great layout with spacious living area, dining space, and efficient kitchen with ample cabinetry. Two bedrooms ideal for primary suite + guest room. Well-maintained with easy access to I-84, shopping, dining, and nearby Gateway Transit Center. Excellent opportunity for owner-occupants or investors!
Find us
Subsidiaries
Affiliated Business
United States
CanadaCopyright: © 2026 Redfin. All rights reserved.
Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.
Do not sell or share my personal information.
REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.
California DRE #01521930
Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures
New Mexico Real Estate Licenses
TREC: Info About Brokerage Services, Consumer Protection Notice
All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.
Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.
If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.
REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.