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Portland is another real estate market looking promising for 2017. Right now it is a seller’s market in Portland, there are way more buyers than sellers. This is despite the fact that over 10,000 units were added in the past two years. A seller’s market might turn investors away but in fact, now would be a better time to buy as home prices are clearly continuing to rise. If the market stays this way, a real estate investment property in Portland could appreciate a lot faster than anticipated.

Portland was one of the best performing economies in 2016, according to Bloomberg data. What exactly performed well? Employment rates, salaries, home prices, mortgage delinquency, tax revenues, and company equity.

As you may know, a well-performing job market and increase in employment opportunities means more people flee to that area. And with Portland home prices soaring, these new residents (mostly millennials) are searching for rental properties.

Portland Realtors and Real Estate Agents

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Portland  Real Estate Investment Performance
Facts and Market Trends in Portland
Homes For Sale
1,664
Airbnb Properties
2,301
Rental Properties
618
Traditional Vacancy rate
4.50%
Airbnb Occupancy Rate
58.47%
Mashmeter
52.58%
Median Price
$544,219
Median Rent Price
$1,865
Price/sqft
$390
Median Days on Market
59
Price to Rent Ratio
22.4
Average Cap Rate
Airbnb
1.12%
Traditional
0.75%
Average Rental Income
Airbnb
$2,580
Traditional
$2,025
 
Median Household Income
$86,771
Population
647,805
Transportation in Portland
65 / 100
Somewhat Walkable
52 / 100
Good Transit
81 / 100
Very Bikeable
Portland  Rent Prices
RENTAL STRATEGY STUDIOS 1 ROOM 2 ROOMS 3 ROOMS 4 ROOMS
Airbnb$1,642$1,635$1,966$2,526$3,738
Traditional$1,132$1,235$1,551$2,102$2,568
Portland, OR - Homes for Sale - Newly Listed
$600,000
MLS 19287955
18494 SE WILLAMETTE DR
Portland, OR 97267
Forest Highlands
Single Family Residential
2 beds3 baths2,254 sq.ft.
CAP RATE
Trad. -0.50%Airbnb -0.66%
$598,000
MLS 19686252
17840 SE CANDY LN
Portland, OR 97267
Forest Highlands
Single Family Residential
4 beds5 baths3,542 sq.ft.
CAP RATE
Trad. 1.65%Airbnb -2.66%
$435,000
MLS 19552073
6946 NE SISKIYOU ST
Portland, OR 97213
Roseway
Single Family Residential
3 beds2 baths1,736 sq.ft.
CAP RATE
Trad. 0.85%Airbnb 3.40%
$699,000
MLS 19689761
1275 SE 71ST AVE
Portland, OR 97215
Mount Tabor
Single Family Residential
4 beds4 baths3,158 sq.ft.
CAP RATE
Trad. 0.29%Airbnb 0.33%
Top Performing Portland Properties
$345,000
MLS 19281730
255 SW Harrison ST 11 D
Portland, OR 97201
Downtown
Condo/Coop
2 beds2 baths959 sq.ft.
CAP RATE
Trad. 6.91%Airbnb 7.88%
$479,000
MLS 19468391
18 NE SACRAMENTO ST
Portland, OR 97212
Eliot
Single Family Residential
4 beds3 baths2,227 sq.ft.
CAP RATE
Trad. 3.68%Airbnb 7.87%
$575,000
MLS 19462974
1455 SW 66TH AVE
Portland, OR 97225
Sylvan Highlands
Single Family Residential
4 beds4 baths3,953 sq.ft.
CAP RATE
Trad. 2.85%Airbnb 7.79%
$569,000
MLS 19570366
8120 SW CEDARCREST ST
Portland, OR 97223
Ashcreek
Single Family Residential
4 beds3 baths2,462 sq.ft.
CAP RATE
Trad. 1.70%Airbnb 7.77%
Recently Sold Homes in Portland, OR
$2,499,950
MLS 19458641
2720 SE STEELE ST
Portland, OR 97202
Reed
Multi Family
0 beds0 baths5,950 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
$959,800
MLS 19473740
415 NE 74TH AVE
Portland, OR 97213
Roseway
Multi Family
0 beds0 baths3,412 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
$849,900
MLS 19043657
5201 NE 14th PL
Portland, OR 97211
King
Multi Family
0 beds0 baths3,096 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
$844,900
MLS 19333058
5509 NE 32nd PL
Portland, OR 97211
Concordia
Multi Family
0 beds0 baths2,883 sq.ft.
CAP RATE
Trad. N/AAirbnb N/A
Portland, OR Top Multi Family Homes
$399,000
MLS 19002508
824 NE 92ND AVE
Portland, OR 97220
Woodland Park
Multi Family
0 beds0 baths2,240 sq.ft.
CAP RATE
Trad. 2.29%Airbnb N/A
$850,000
MLS 19086754
3616 N BORTHWICK AVE
Portland, OR 97227
Boise
Multi Family
0 beds0 baths3,076 sq.ft.
CAP RATE
Trad. 2.03%Airbnb N/A
$352,900
MLS 19274471
15557 E BURNSIDE ST
Portland, OR 97233
Glenfair
Multi Family
0 beds0 baths1,780 sq.ft.
CAP RATE
Trad. 1.69%Airbnb N/A
$699,000
MLS 19454129
5239 NE 37TH AVE
Portland, OR 97211
Concordia
Multi Family
0 beds0 baths2,480 sq.ft.
CAP RATE
Trad. 1.67%Airbnb N/A
Homes Below Median Price in the Portland, OR Real Estate Market
$345,000
MLS 19281730
255 SW Harrison ST 11 D
Portland, OR 97201
Downtown
Condo/Coop
2 beds2 baths959 sq.ft.
CAP RATE
Trad. 6.91%Airbnb 7.88%
$479,000
MLS 19468391
18 NE SACRAMENTO ST
Portland, OR 97212
Eliot
Single Family Residential
4 beds3 baths2,227 sq.ft.
CAP RATE
Trad. 3.68%Airbnb 7.87%
$575,000
MLS 19462974
1455 SW 66TH AVE
Portland, OR 97225
Sylvan Highlands
Single Family Residential
4 beds4 baths3,953 sq.ft.
CAP RATE
Trad. 2.85%Airbnb 7.79%
$569,000
MLS 19570366
8120 SW CEDARCREST ST
Portland, OR 97223
Ashcreek
Single Family Residential
4 beds3 baths2,462 sq.ft.
CAP RATE
Trad. 1.70%Airbnb 7.77%
Portland, OR Top Airbnb Homes
$78 per night
Entire home/apt · 3 beds
Funky Pad Suite - Parkside Portland
966
$79 per night
Entire home/apt · 1 bed
Peaceful Retreat in Thriving NE
720
$95 per night
Entire home/apt · 2 beds
Ladd's Addition near SE Hawthorne
629
$71 per night
Entire home/apt · 1 bed
Sleek Basement Space, Close-In Hood
600
Portland, OR Homes for Rent
$2,100
$1,750
$1,010
$2,100
Portland, OR Open Houses
Open 12 PM to 3 PM
$435,000
MLS 19552073
6946 NE SISKIYOU ST
Portland, OR 97213
Roseway
Single Family Residential
3 beds2 baths1,736 sq.ft.
CAP RATE
Trad. 0.85%Airbnb 3.40%
Open 1:30 PM to 4 PM
$399,900
MLS 19574421
6143 SE 122ND AVE
Portland, OR 97236
Powellhurst Gilbert
Single Family Residential
3 beds2 baths2,818 sq.ft.
CAP RATE
Trad. 0.56%Airbnb 0.40%
Open 1 PM to 3 PM
$825,000
MLS 19150883
2626 SE 16TH AVE
Portland, OR 97202
Hosford-Abernethy
Single Family Residential
4 beds4 baths2,211 sq.ft.
CAP RATE
Trad. 0.30%Airbnb -1.93%
Open 12 PM to 3 PM
$529,000
MLS 19626256
7815 SE 119TH DR
Portland, OR 97266
Lents
Single Family Residential
3 beds3 baths2,645 sq.ft.
CAP RATE
Trad. 0.44%Airbnb 0.20%
Best Portland Neighborhoods for Buying Investment Property
72%
Mashmeter
property price
$659,900
Median
cap rate
3.88%
Traditional
4.04%
Airbnb
rental income
$2,136
Traditional
$2,223
Airbnb
homes for sale
8
occupancy rate
65%
Airbnb
62%
Mashmeter
property price
$477,450
Median
cap rate
6.25%
Traditional
8.28%
Airbnb
rental income
$2,485
Traditional
$3,293
Airbnb
homes for sale
100
occupancy rate
69%
Airbnb
70%
Mashmeter
property price
$349,900
Median
cap rate
7.46%
Traditional
10.80%
Airbnb
rental income
$2,175
Traditional
$3,148
Airbnb
homes for sale
19
occupancy rate
69%
Airbnb
70%
Mashmeter
property price
$299,000
Median
cap rate
7.61%
Traditional
11.40%
Airbnb
rental income
$1,895
Traditional
$2,839
Airbnb
homes for sale
3
occupancy rate
68%
Airbnb
63%
Mashmeter
property price
$529,900
Median
cap rate
4.36%
Traditional
5.16%
Airbnb
rental income
$1,923
Traditional
$2,280
Airbnb
homes for sale
7
occupancy rate
63%
Airbnb
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