Most Affordable Homes for Sale in Portland, OR Right Now
Last updated: January 2, 2026
Portland has a median home sale price of $515K, a 1.3% increase from last year. Homes stay on the market for an average of 93 days and receive an average of 4 offers.
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Spacious Remodeled 4BR/2BA Double-Wide $159,000 (Negotiable for Cash Offers) All age community | 1997 Build | 1,512 sq ft Sumner Estates | 5200 NE 92nd Ave #16 Portland, OR 97220 This spacious, newly remodeled home boasts a bright, modern interior and a split floor plan for extra privacy. With a vacant lot next door and a dog park only five minutes away, it's the perfect blend of comfort and convenience. Recent Upgrades Include: All new doors All new electrical outlets All new lighting & fixtures Fresh interior & exterior paint White subway kitchen tile New deck Home Features: 4 bedrooms / 2 bathrooms Stainless steel appliances Two skylights Two detached sheds Carport Driveway parking for 2 vehicles Three entrances: Carport, Front Door, Bonus side door leading to the backyard Secured mailboxes Price & Financing: Purchase Price: $159,000 (negotiable with cash offers) Financing available with as little as 5% down through Sunrise Mortgage Group (credit-based; ITINs accepted) Park & Rental Info: Sumner Estates Monthly space rent: $1,125 All utilities are separate & the homeowner's responsibility. Park approval is required for each adult applicant. Two indoor pets allowed (restrictions apply) Contact: Call or text: 503-501-9670. Tambin hablo espaol y puedo ayudarle a llenar su aplicacin.
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Modern open-concept layout featuring stainless steel appliances, quartz countertops, and high-end finishes. Conveniently located near freeways, PDX, restaurants, shopping, parks, and entertainment. Enjoy a super low HOA—just $28/month—and peace of mind with a builder warranty included. An incredible opportunity for first-time buyers! Outstanding value in today’s market!
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Light bright little cream puff! Sweet second floor corner unit with hardwood floors, lots of windows, full kitchen and thoughtful floor plan. This one bedroom University Park condo offers a large double closet and enough space for a king size bed! You’ll be drawn to the 1920’s vintage charm but hooked with the modern updates. The halls are gleaming with beautiful light and tall ceilings. Each unit has a private storage space in the lower level as well as multiple shared laundry units. Off street parking is available behind the building plus a huge fenced area for community yard space. Wow! an impressive 99 Bike Score and easy access to public transit. Just blocks to beautiful Columbia Park and neighborhood favorites like Chillnfill, Living Room Wines, East Side Deli and New Seasons Market. Simple, clean, thoughtful with low HOA’s make this an easy choice.
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INCENTIVES AND BUYER GRANTS AVAILABLE!! Discover the perfect blend of historic charm and modern updates in this beautifully renovated studio condo, ideally located just across from Portland Community College. With its exposed brick walls, this home offers a warm, inviting atmosphere that retains its original character while featuring all the modern comforts you need. The newly updated kitchen comes equipped with brand-new appliances, including a full-size stove and refrigerator. For added convenience, a washer/dryer combo is included in the unit, making laundry day a breeze. The open layout maximizes the space, with large windows that flood the condo with natural light, highlighting the rich exposed brick and laminate floors throughout. Whether you're a student, professional, or looking for a cozy city retreat, this charming studio offers the perfect balance of style and practicality. Its prime location directly across from Portland Community College makes it an ideal spot for easy access to campus, public transit, and all the vibrant amenities of the surrounding neighborhood. Special financing options through our preferred lender! Don't miss the opportunity to make this renovated gem your new home—schedule a tour today! SUPER LOW HOA dues covers water/sewer/garbage and common areas. Taxes based on estimated valuation. Taxes are estimated. HOA for the until May 2027 is $144.50/mo, then $217/mo base + cost of living increase. Available.
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Dome house on beautiful lot with creek. Serene parklike setting behind the house. House needs some work.
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Urban Soul Meets Modern Comfort. Step into a space where timeless charm meets modern living. This beautifully reimagined 1 bedroom condo sits just steps from Portland Community College, offering the perfect blend of history, style, and convenience. Exposed brick walls tell the story of the past, while contemporary updates bring this space fully into the present. Sunlight pours through oversized windows, highlighting every unique detail of this open-concept gem. The kitchen is fresh, functional, and fully equipped with brand-new appliances—including a full-size stove and refrigerator—ready to handle anything from quick breakfasts to weekend feasts with guests. A washer/dryer combo tucked right inside the home. This home offers a lifestyle as vibrant as the neighborhood itself. Minutes from the campus, public transit, eclectic dining, and all the culture and charm Portland has to offer. Note: Ask Seller about offer closing cost concessions, ask about down payment grants through the preferred lender.
About this home
INCENTIVES AND BUYER GRANTS AVAILABLE!! the perfect blend of historic charm and modern updates in this beautifully renovated studio condo, ideally located just across from Portland Community College. With its exposed brick walls, this home offers a warm, inviting atmosphere that retains its original character while featuring all the modern comforts you need. The newly updated kitchen comes equipped with brand-new appliances, including a full-size stove and refrigerator. For added convenience, a washer/dryer combo is included in the unit, making laundry day a breeze. The open layout maximizes the space, with large windows that flood the condo with natural light, highlighting the rich exposed brick and laminate floors throughout. Whether you're a student, professional, or looking for a cozy city retreat, this charming studio offers the perfect balance of style and practicality. Its prime location directly across from Portland Community College makes it an ideal spot for easy access to campus, public transit, and all the vibrant amenities of the surrounding neighborhood. Special financing options through our preferred lender! Don't miss the opportunity to make this renovated gem your new home—schedule a tour today! SUPER LOW HOA dues covers water/sewer/garbage and common areas. Taxes based on estimated valuation. Ask about down payment grants through our preferred lender. HOA for until May 2027 $144/ mo, after that it will go off the base of $187/mo.
About this home
Property photos are from similar unit. This innovative project, a collaboration between Proud Ground, ReviveNW Construction, and BridgeTown Equity, created 16 modern and affordable 3-bedroom 1.5-bathroom townhomes with thoughtfully designed features. These energy efficient homes feature solar panels for true "net zero" electric living, and a generous 10-year property tax abatement, further enhancing their affordability. 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. 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
Property photos are from similar unit. This innovative project, a collaboration between Proud Ground, ReviveNW Construction, and BridgeTown Equity, created 16 modern and affordable 3-bedroom 1.5-bathroom townhomes with thoughtfully designed features. These energy efficient homes feature solar panels for true "net zero" electric living, and a generous 10-year property tax abatement, further enhancing their affordability. 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. 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!
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