Overview
Nestled between two rivers — the Willamette River and Columbia River — Portland lies near the North Pacific Ocean in Oregon. The picturesque area alongside the Columbia River offers myriad hiking trails and bike lanes. You may come across magnificent waterfalls while hiking or cycling here.
With sandy beaches, the Pacific coast is a real paradise for surfers and sunbathers. Many residents enjoy their time on these scenic beaches in the summer. During the winter, skiers and snowboarders go to nearby ski areas in Mt. Hood.
It’s not all about the fun and beautiful nature when it comes to Portland. This engaging city also offers plenty of job opportunities, especially in the tech field, all year round. Some big corporations, such as IBM and Nike, are headquartered in this area. That’s why many people are interested in buying a house in Portland.
1237 Listing Found in Portland, OR
Purchasing a Home in Portland
The Portland housing market includes everything from foreclosures and short sales to rent-to-own properties. No matter what you’re searching for, be sure to set your monthly housing budget before purchasing your first home.
While some areas mainly offer single-family homes throughout the year, other neighborhoods are full of condos and apartments for sale. Therefore, you need to check several neighborhoods.
Popular Neighborhoods
Listed below are some of the most attractive living areas in Portland:
- Downtown Portland — The central business hub that allows residents to quickly get around using public transport or their bicycle.
- Lake Oswego – It is a wonderful place for people who want to live in suburban communities away from the busy city center. The locals enjoy a clean, well-maintained environment, tree-lined streets, and reputable schools in this neighborhood.
- Beaverton – This popular neighborhood offers restaurants, small breweries, and amusement parks among other things.
Renting to Own a Home in Portland
You can find a lot of rent-to-own homes in Portland. Renting to own gives greater financial flexibility to home buyers. These programs are very popular with buyers who can’t afford a down payment on a house right away.
This is also a favorable option for those with bad credit scores. They have an opportunity to live in a dream house while saving funds for down payments and improving their credit scores at the same time.
Living Costs in Portland
Planning to buy a home in Portland? Keep in mind that houses are very expensive here. Their prices are above the national and state averages.
The locals also pay good money for transportation and healthcare besides housing. However, groceries and utilities are on par with national averages.
Conclusion
Even though there are fewer sunny days than overcast days in this area, Portland is an attractive place to live and raise a family. That’s because this rainy city offers a variety of public and employee amenities, including Portland International Airport, Portland State University, ski resorts, and sandy beaches.
It is especially popular with house hunters. Whether you’re on the hunt for rent-to-own homes in Downtown Portland or exclusive suburbs, you will certainly find something that meets your needs. Check our listings to narrow down your choices and find the best deals on the market.
Find properties near me with Rent to own Reviews:
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City of Portland, OR Demographic Information
- Population:774,561
- White Population:622,478
- Black Population:38,121
- Hispanic Population:54,703
- Asian Population:46,190
- Hawaiian Population:2,685
- Indian Population:7,207
- Other Population:28,317
- Male Population:382,011
- Female Population:392,550
- Avg House Value:$195,112
- Avg Household Income:$46,876