Most Affordable Homes for Sale in Portland, OR Right Now
Last updated: March 2, 2025
Portland has a median home sale price of $486K, a 3.4% increase from last year. Homes stay on the market for an average of 87 days and receive an average of 2 offers.
About this home
Welcome to this charming 2-bedroom, 1 bath attached townhome in the heart of Milwaukie, Oregon! This home offers an inviting, spacious living room perfect for unwinding or entertaining guests. The open floor plan features a kitchen with generous counter space, ideal for meal prep and casual dining. Upstairs, you’ll find two cozy bedrooms and a full bathroom for added convenience. Step outside to your private, fenced backyard oasis, complete with a concrete patio that’s perfect for summer BBQs. This home is designed for comfort and enjoyment. Located in a neighborhood with easy access to local amenities, this townhome offers both privacy and community living. Don't miss out on this incredible opportunity to own a slice of Milwaukie! Take advantage of large grants to make homeownership more affordable! This Proud Ground home offers lasting affordability with resale, owner-occupancy, and other guidelines to maintain value for future buyers. Buyer profit at resale is capped at 25% of appreciation. Max income is $66,100 for a household of 1, $75,550 for 2, $85,000-3, $94,400-4, $102,000-5. To qualify, apply to Proud Ground and receive an invitation before submitting an offer. Buyers must work with a Proud Ground preferred lender. Don’t miss this incredible opportunity!
About this home
Charming NW Alphabet District Pied-A-Terre. Interior includes french doors to bedroom, claw foot tub, gas fireplace, built-ins, a hidden bed drawer and walk-in closet. Located in the heart of Northwest Portland you'll find the Irving Street Tower Condominiums. Built in 1910, this historic building offers original charm while providing modern conveniences. Within walking distance to Providence Park and to many restaurants, grocery and boutiques to name! No rental cap, minimum 30 day rentals allowed. Laundry and storage onsite.
About this home
Don’t miss this fantastic opportunity to own a charming 3-bedroom, 1.5-bath condo in the Cooper Court Bungalows! Bathed in natural light with an abundance of windows, this home offers a warm and inviting atmosphere, complete with a delightful front porch perfect for relaxing. The kitchen features a thoughtfully designed layout, and all appliances are included for your convenience. With a small, self-managed HOA, the dues cover sewer, water, trash, and exterior maintenance. Please note, no rentals or dogs are permitted per the CCRs. Take advantage of large grants to make homeownership more affordable! This Proud Ground home offers lasting affordability with resale, owner-occupancy, and other guidelines to maintain value for future buyers. Buyer profit at resale is capped at 25% of appreciation. Max income is $66,100 for a household of 1, $75,550 for 2, $85,000-3, $94,400-4, $102,000-5. To qualify, apply to Proud Ground and receive an invitation before submitting an offer. Buyers must work with a Proud Ground preferred lender. Don’t miss this incredible opportunity!
About this home
Welcome to your dream boathouse—an incredibly rare two-level retreat with stunning views, ideal for boat lovers. Featuring a spacious loft, one bedroom, one bath, and an open living-dining area, this space is as cozy as it is practical. With wall-to-wall carpeting in the living room and bedroom for ultimate comfort, this boathouse at McMuddy’s Marina is designed for convenience and relaxation. Perfect for a weekend getaway, it even fits a 50ft boat, with storage available for RVs and boats. Walk to nearby restaurants and live in a place that offers one-of-a-kind character and the best view on the marina! Sold as-is. Seller is willing to carry depending on terms,
About this home
Grab this incredible investment opportunity now! This property was previously rented at $1,400 a month, and with current market trends, there's potential to achieve even higher rental income, plus there is NO rental cap. Experience resort-style living at Jantzen Beach with this exceptional upper-level condo. The complex boasts impressive amenities including two pools, tennis courts, an athletic court, and a recreation room complete with a gym, sauna, pool table, and community spaces. Ideally located, you are just a short walk from the Columbia River, scenic walking paths, cafes, restaurants, and the marina. Additional perks include, a deeded parking space, FHA approval, and pet-friendly policies.
About this home
BRAND NEW 16-UNIT CONDO PROJECT LIVE AND SELLING LIKE HOT CAKES! * * HUGE credit towards closing costs, RATE BUYDOWN, and prepaids available through Washington Trust Bank * * . Only 6 units left! THIS IS THE LAST 1 BEDROOM LEFT! Open layout, SS appliances, quartz counters, and upscale finishes! Easy access to freeways, PDX, restaurants, shopping, parks, and entertainment! Super LOW HOA at only $28/mo. Builder warranty included and FHA financing available! This is a fantastic opportunity for first time home buyers. Own for less then you can rent! Best value around! * * * BUYER MUST QUALIFY FOR THE SDC WAIVER PROGRAM AT THIS PRICE * * *
About this home
Upper corner condominium unit w/ ample storage & balcony offering a blend of style, convenience & comfort. 2020 improvements include LVP flooring throughout, updated interior paint, modern light fixtures, & a newer water heater that ensures comfort & efficiency. The kitchen shines w/ newer stainless steel appliances & updated countertops. Residents enjoy deeded parking, 2 pools, tennis, saunas, fitness room & rec room. .. .ideal for an active lifestyle.
About this home
Discover this charming NE one-bedroom condo situated in a serene, park-like setting. This beautifully appointed unit features bamboo flooring, enhancing the warm and inviting atmosphere. The galley kitchen boasts sleek granite countertops and ample cabinet space, perfect for both cooking and entertaining. The updated bathroom showcases modern finishes, providing a stylish retreat. Enjoy the convenience of an in-unit washer and dryer, making laundry days a breeze. Step outside to enjoy the tranquil surroundings, which are ideal for outdoor relaxation or strolls. It has great freeway access and is strategically located in the heart of all the trendy NE neighborhoods. This condo is the perfect blend of comfort and modern living. Rentals are permitted and the rental cap is not met. Don’t miss the opportunity to make this your new home!
About this home
Uninhabitable house located on a flat lot.
About this home
Tucked away in a private corner, this beautifully renovated ground-floor unit boasts new flooring, cabinets, and paint, making it completely move-in ready. The spacious backyard and side yard are perfect for pets, and the complex is pet-friendly with low HOA fees. With easy wheelchair accessibility and a roomy walk-in shower, this apartment is designed for both comfort and convenience.
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