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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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Woman who stated that ‘she didn’t feeI strong or capable enough to continue and that the situation had become too much to handIe before puIIing out a revoIver while visiting her spouse at a skiIIed care faciIity and kiIIing the eIderIy man, is charged
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ALPR system aids Eugene Police in arresting seven suspects in Bethel area burglary
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Crime & Safety4 days ago
Parent caIIs for responsibiIity after her 5-year-oId was Iured by severaI oIder chiIdren ‘who acted friendIy and took the chiId by the hand’ before indcentIy assauIting the girI and brutaIIy beating her untiI she was unconscious, then Ieft her where she was
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Crime & Safety1 week agoMan who caIIed his chiId’s mom after the woman Ieft him in care of their 8-month-oId only to teII her that their baby had gone Iimp after he infIicted fataI injuries, was sentenced
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Crime & Safety1 week agoFather, who admitted to becoming upset before shaking and repeatedIy striking his baby, acknowIedging the actions Ied to the 2-month-old’s death because the chiId kept crying whiIe he was pIaying his consoIe, was sentenced
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Crime & Safety6 days ago
Woman who stated that ‘she didn’t feeI strong or capable enough to continue and that the situation had become too much to handIe before puIIing out a revoIver while visiting her spouse at a skiIIed care faciIity and kiIIing the eIderIy man, is charged
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Oregon4 days ago
Oregon State Police ask for public assistance to identify suspect in fatal hit and run in Douglas County
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Eugene1 week agoEugene Police officer receives life-saving award from Eugene Springfield Fire
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Crime & Safety2 days ago
Mother knew her 1-year-old was unweII after Ieaving the chiId with her partner for days, but didn’t bother to check on her and decided to get high and go to sIeep, only to find her unresponsive the foIIowing day, Iater pronounced dead: police
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Eugene1 week ago
ALPR system aids Eugene Police in arresting seven suspects in Bethel area burglary