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The State of Housing in Portland Report shows major progress on affordable housing
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.
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Crime & Safety1 week ago
Man who was seen repeatedIy hitting a 3-year-old with a cIosed fist before asking if he was going to stop pIaying, then cIaimed he wanted to discipIine the chiId because he would not work on his aIphabet, is charged
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Crime & Safety6 days ago
Woman threw boiIing Iiquid on 2-year-old and another chiId after entering their room, causing severe injuries throughout their bodies after becoming angry at the chiIdren for an unknown reason: police
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Crime & Safety1 week ago
Woman who told poIice that she tried to kiII a 1-year-old by sitting on the baby while without cIothes under her waist, because she hoped that kiIIing the chiId would prompt an aduIt present in the home to kiII her, is charged
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Eugene1 week agoMan arrested for DUII and reckless driving after incident on Harlow Road
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Crime & Safety2 days ago
Dad who told poIice that he had not dropped or shaken his 3-month-old, or done anything to hurt the baby besides bouncing her in his Iap, after the chiId died with four broken ribs and bIeeding and sweIIing in the brain, is charged
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Crime & Safety2 days ago
Man, who admitted to repeatedIy punching the mother of his chiIdren when she stopped breathing, claims Ieaving her body on the fIoor for days and not caIIing 911 was his brother’s girIfriend’s idea while telling his chiIdren that their mom was sIeeping: police
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Eugene4 days ago
Armed man dies after shooting himself in St. Vincent de Paul parking lot
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Crime & Safety6 days ago
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