Connect with us

Uncategorized

The State of Housing in Portland Report shows major progress on affordable housing

Published

on

Portland, OR – But, according to the statement, disparities persist and rents across the city remain unaffordable for many, despite rising incomes.

On March 22, 2023, the Portland Housing Bureau releases the latest State of Housing in Portland report, which shows continued struggles with affordability in our local housing market, both for renters and prospective homebuyers.

While incomes are rising across the board and the city is becoming more educated and more racially diverse, disparities persist: Portland’s renter households and Communities of Color continue to earn less than their white, homeowning counterparts.

From 2021 to 2022, the average overall asking rent increased by 3.7 percent, and median home sale prices citywide increased 17 percent from 2016, reaching $525,000 in 2021.

Meanwhile, rental vacancy rates have decreased from 6.4 percent in 2021 to 6 percent in 2022.

No neighborhood in Portland is affordable to an average Black household seeking a 2-bedroom unit for rent.

Other BIPOC groups fare somewhat better, but several neighborhoods are out of reach for all ethnic groups, including white households.

Very few neighborhoods are affordable to senior households, and none are affordable for households led by single mothers.

Half of all Portland renters are cost burdened, paying over 30% of their income in rent. 1 in 4 pays over half their income in rent.

You may also like…

Crime & Safety10 hours ago

Man threw his girIfriend’s chiId out the door like a bag after the 5-year-old refused to do chores or waIk back and forth outside in the severe heat, causing him to Iose consciousness and later die at the hospitaI: DA

Nebraska – According to Nebraska authorities, a newIy fiIed search warrants have revealed detaiIs about the aIIeged abuse suffered by...

Crime & Safety11 hours ago

Mon told poIice his girIfriend’s former spouse was foIIowing him and attempted to confront him on two separate occasions before he fataIIy stabed the man foIIowing a physicaI aItercation he cIaims the victim initiated; charged

Texas – A Texas man, 31-year-old J. Dogget, 31, was arrested earlier this week and charged with murder following the...

Eugene4 days ago

Eugene opens 56 new permanent supportive housing units downtown at Bridges on Broadway to serve residents experiencing chronic homelessness

Eugene, OR – Eugene has added 56 new units of permanent supportive housing to help residents experiencing chronic homelessness. Homes...

Eugene4 days ago

License plate reader alert leads Eugene Police to arrests after early-morning attempted vehicle break-ins

Eugene, OR – On August 22 at 3:01 a.m., a license plate reader camera alerted Eugene Police officers to a...

Eugene4 days ago

Eugene Springfield Fire deployed resources to Flat Fire near Sisters, supporting Lane County task forces

Eugene, OR – Eugene Springfield Fire (ESF) deployed two brush engines to the Flat Fire near Sisters as part of...

Crime & Safety6 days ago

SchooI counseIor who encouraged the minor student she was indcently assauIting for years to hide the lnappropriate reIationship by telling the girl, “If she tells anyone, she will take her own life,” was charged

Colorado – A Colorado schooI counseIor was taken into custody last week and is now facing multiple felony charges related to...

Crime & Safety6 days ago

Man who kiIIed his girIfriend carrying their unborn baby several days after the victim told her sister that he threw her on the floor, strangIed her, and if anything happened to her, it was because of him, was charged

Massachusetts – A Massachusetts man has been arrested and charged with the murder of his girIfriend, K. Montero. The young...

Eugene1 week ago

Red Flag Warning issued for Southern Willamette Valley Thursday afternoon

Eugene, OR – A Red Flag Warning has been issued from 2 p.m. to 8 p.m. Thursday, August 21, for...

Eugene1 week ago

Eugene Police SWAT assists federal firearms trafficking investigation

Eugene, OR – Just after 6 a.m. on August 19, 2025, Eugene Police SWAT provided assistance to the Bureau of...

Eugene1 week ago

Eugene City Council hires new independent police auditor to oversee department

Eugene, OR – The Eugene City Council has appointed Craig Renetzky as the city’s new Independent Police Auditor. The office...

Eugene1 week ago

35-year-old man arrested on drug, weapon charges after attempting to escape Eugene officers

Eugene, OR – The Eugene Police Department’s Street Crimes Unit (SCU) arrested 35-year-old Adam Cole Young following an investigation into...

Trending