Portland Homes under $250,000

Welcome to Portland, Oregon – a vibrant city known for its eclectic culture, stunning natural landscapes, and a thriving arts scene. Nestled between the majestic Cascade Mountains and the picturesque Oregon Coast, Portland offers a unique blend of urban sophistication and outdoor adventure. With its renowned food trucks, microbreweries, and coffee roasteries, the city is a culinary paradise. Plus, the lush parks and gardens, such as the iconic Washington Park and the enchanting Portland Japanese Garden, provide serene escapes right in the heart of the city.

For those looking to make Portland their home without breaking the bank, you’ll be delighted to discover a range of charming homes available for under $250,000. These properties present an incredible opportunity for first-time homebuyers, investors, or anyone seeking a cozy retreat in this dynamic city. From quaint bungalows in up-and-coming neighborhoods to modern condos with easy access to public transit, there’s something for everyone.

Imagine waking up in a home that not only fits your budget but also places you in close proximity to Portland’s vibrant community. Enjoy weekend strolls along the Willamette River, explore the local farmers' markets, or immerse yourself in the city’s rich history at one of its many museums. With affordable housing options available, you can embrace the Portland lifestyle without compromising on comfort or convenience.

Discover your dream home in Portland today, and experience all that this enchanting city has to offer!

Newest Portland Homes under $250,000

$164,900

1 Beds ⋅ 1 Baths ⋅ 414090484 MLS

Welcome to the Lexis in the Pearl District! This 4th floor move-in-ready 527-square-foot studio has new interior paint, LVP flooring, a kitchen with a breakfast bar and stainless steel appliances, a walk-in closet and an in-unit washer and dryer. A deeded storage unit is included. All appliances are included. Air conditioning in unit. The building has secure access, a fitness center, party room, meeting space, bicycle storage and landscaped courtyard. The Portland Streetcar line is nearby, with Tanner Springs Park one block away and The Fields Park two blocks away, which features a leash-off dog park section. Monthly HOA dues cover water, sewer, trash, and building insurance. Restaurants, coffee shops, groceries, shopping, and entertainment are close by.

1125 NW 9TH AVE Unit #424, Portland

$249,900

2 Beds ⋅ 2 Baths ⋅ 755339964 MLS

Come see the Charming McCormick Pier Condo w/Willamette River View. Beautiful River Location with miles of spectacular waterfront path for the walking/Jogging enthusiast. Primary Suite with Willamette River View and Private View from your living room. Laminate & Tile Flooring throughout. Large Kitchen opens to Living Room, spacious 2-bedroom 2 bath unit. Enjoy the Pool, Hot Tub & Fire pits as some of the amenities offered in this complex. Right on the river and just steps to the Pearl, Downtown, restaurants, shopping. Deeded parking included

910 NW NAITO PKWY Unit #I23, Portland

$99,000

3 Beds ⋅ 2 Baths ⋅ 788594155 MLS

Enjoy room to spread out and a comfortable home base in Meadowcrest’s 55+ community, conveniently located below Powell Butte Park. This 1,404-square-foot home offers three bedrooms and two bathrooms, with flexibility for overnight guests, a home office, or a dedicated hobby space. Start your morning with coffee on the Trex deck, make time for nearby outdoor recreation, and return home to year-round comfort.Thoughtful updates include a new heat pump and replacement ductwork in 2023, a Trex deck added in 2023, and fresh interior paint in 2026. A roof update in 2018, several windows updated that same year, and a water heater replaced in 2020 add practical value. Clean and move-in ready, this home lets you settle in and focus on the routines and activities you enjoy. Park management application to be approved.

3930 SE 162ND AVE Unit #42, Portland

$169,000

1 Baths ⋅ 156204412 MLS

High ceilings, hardwood floors, abundant natural light, and courtyard views give this charming Embassy studio a bright, inviting feel. Set in a classic 1925 building, the home retains original character, including the mosaic tile bathroom floor. The unit includes deeded storage, and the building offers a fitness room, community laundry, a landscaped courtyard, and all-new plumbing installed in 2024. With a Walk Score of 98 and Bike Score of 96, Providence Park, Couch Park, Trader Joe’s, and the restaurants, cafes, bars, and shops of NW 21st and NW 23rd are just blocks away. Historic charm and a prime NW Portland location in a charming city home.

2015 NW FLANDERS ST Unit #513, Portland

$215,000

2 Beds ⋅ 1 Baths ⋅ 214995817 MLS

Private and peaceful 2 bedroom 1 bath condo on the courtyard & garden of University Park Condominiums. Condo has plenty of interior storage, washer & dryer, new interior lighting, and a nice sized balcony. University Park Condominiums is located in downtown Portland's Cultural District on the Park Blocks. Walk to Portland Farmer's Market, Portland Art Museum, Portland State University, Streetcar, MAX, theaters, food carts, restaurants, supermarkets, shops.

1500 SW PARK AVE Unit #108, Portland

5130 SW MULTNOMAH BLVD Unit #C, Portland

$249,900

2 Beds ⋅ 2 Baths ⋅ 334529084 MLS

Enjoy one-level living in this quiet Shadow Creek condo, a short bike or drive to Multnomah Village and Garden Home. Two bedrooms, two full baths, a true primary with ensuite, and a second bedroom that works well as an office. Large laundry room with washer, dryer, and all appliances included. Dedicated covered carport space C-7 sits right in front of the unit. Wood-burning fireplace and a private deck look out on green space just outside the back door. Best price in the area for an affordable, move-in-ready condo. Nearby parks, Gabriel Park w/ trails, playgrounds, sports fields, skate park, off-leash dog area, Southwest Community Center, Spring Garden Park: playground, splash pad, & gardens. Restaurant: Fat City Café, Marco’s, Village Coffee, Spielman Bagels, Tastebud pizza, Yalla, Fat Kitty Ramen, Zinc Bistro & Bar Lucky Labrador Public House, Level Beer, Tito’s Taquitos Multnomah French Quarter food carts, John’s Marketplace, Trader Joe’s in Garden Home. Easy access to I-5, Village dining, parks, and grocery runs—without giving up the trees and privacy. Call for a private tour!

5130 SW MULTNOMAH BLVD Unit #C, Portland

$238,900

1 Beds ⋅ 1 Baths ⋅ 617784356 MLS

Welcome home to this charming Cathedral Park condo with breathtaking views of the historic Gothic-style St. Johns Bridge! Ideal corner location facing Cathedral Park! Fresh interior paint and new flooring in the living room and kitchen, completed in September 2026, give the home a clean, updated feel. The spacious living room and kitchen create an inviting space for quiet meals at home or entertaining guests while taking in picturesque views of Cathedral Park. A convenient walk-in closet with a stackable washer and dryer adds functionality and storage. The location is hard to beat, just a stone’s throw from the neighborhood’s coveted shops, restaurants, walking trails, picnic areas, and a floating dock extending into the Willamette River, this is Portland living at its best! Don’t miss the opportunity to make this charming Cathedral Park condo your new home-sweet-home. HOA dues cover sewer, trash, recycling, exterior maintenance, landscaping, and management.

6704 N PITTSBURG AVE, Portland

$179,000

2 Beds ⋅ 1 Baths ⋅ 792573899 MLS

Turn-key Hayden Island townhouse with new carpet and fresh paint! Enjoy a cozy fireplace, private patio, and pool access just steps from your door. Community amenities include two outdoor pools, two saunas, clubhouse, fitness room, and scenic riverside walking trails. Deeded parking space included, with marina slips available for owners to rent. Conveniently located near shopping, dining, major transportation, and just minutes from PDX International Airport. Enjoy low-maintenance living with the best of the Hayden Island lifestyle!

547 N HAYDEN BAY DR Unit #27, Portland

$199,000

1 Beds ⋅ 1 Baths ⋅ 470299944 MLS

Welcome to the charming Westview Condos! This unit has everything you could ask for. Enjoy a wall of west-facing windows framing views of mature, beautiful trees, plus a cozy gas fireplace for dinner time. Features include hardwood floors, a full-sized kitchen with a cooking island, a private balcony with actual privacy, in-unit washer/dryer, and a proper bedroom with a full wall of closet space. Unwind in the clean bathroom featuring a tiled shower and bathtub to relax in.Includes a deeded parking spot, additional storage unit, and a solid HOA with no rental cap (30-day minimum). Did I mention pet-friendly!? Enjoy lush common grounds, including a community garden and patio areas. The building borders the Rosemont Park Natural Area and is just a few blocks from Fred Meyer, mass transit, easy freeway access, and all the shops and restaurants that Montavilla and Mt. Tabor have to offer. A great little nest!Bike Score: 87 (Very Bikeable) | Walk Score: 73 (Walkable) | Transit Score: 64 (Good Transit)

925 NE 68TH AVE, Portland

14955 NE SACRAMENTO ST Unit #41, Portland

$189,000

1 Beds ⋅ 1 Baths ⋅ 109987864 MLS

A rare find in 55+ Summerplace, this updated one-bedroom corner condo has a dedicated walkway leading directly to its covered back patio. Southern exposure brings in abundant natural light, enhanced by an extra picture window that comes with the corner location. LVP flooring, attractive lighting and a gas fireplace insert are complemented by a kitchen with custom cabinetry and an eating bar. The great room floorpan provides space for a dining table as well. The bathroom has been improved and features a walk-in shower, while the washer and dryer are located inside the unit.The covered patio looks across the park-like grounds, offering a pleasant place to sit outside and take in the greenery. Another uncommon advantage is the detached one-car garage directly in front of the building, just steps from the common security door.The reasonable HOA fee covers water, sewer, garbage, exterior maintenance and care of the grounds. Residents also have access to the Summerplace Recreation Center with a swimming pool, tennis and pickleball courts, fitness room, library, pool tables, table tennis, classes and events—along with plenty of ways to meet neighbors and become part of the community.

14955 NE SACRAMENTO ST Unit #41, Portland

$250,000

3 Beds ⋅ 3 Baths ⋅ 645257737 MLS

Open House Sat.10/3 12-2pm. Affordable, move-in ready this beautiful 3-bedroom, 3.5-bath townhome offers an open floor plan, abundant natural light, and an attached garage. New water heater in 2022. The flooring updated with hardwood floors on the 2nd level and Luxury Vinyl Plank on 1st and 3rd levels in 2024. Fresh interior paint and cordless blinds throughout in 2025. The open kitchen, living and dining areas lead to a spacious second-floor balcony. Kitchen features include a custom island, granite counters, stainless steel appliances, and pantry. Flexible layout offers a lower-level bedroom and full bath, ideal for guests, a roommate, extended family, or multigenerational living. Upstairs are two additional bedrooms, including the primary suite, plus a full hallway bath. Minutes to Mount Tabor, Kelly Butte, shopping, restaurants and freeway access! Priced to sell for cash due to an upcoming special assessment for the exterior project. [Home Energy Score = 6. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10248417]

2619 SE 109th AVE, Portland

$140,000

1 Baths ⋅ 554176811 MLS

Experience elevated city living in this bright, top floor studio! Situated on the third floor, this thoughtfully designed 371 sq. ft. home is filled with natural light and enhanced by tall ceilings, creating an open and airy atmosphere. Enjoy the added privacy of top floor living along with a location that offers convenient access to nearby shopping, dining, parks, and outdoor recreation. Explore nearby bike trails and green spaces, or take advantage of convenient access to the MAX line for easy travel throughout Portland and beyond. The fully fenced property adds an additional sense of privacy and security. Whether you're looking for a low maintenance home or a convenient Portland retreat, this inviting space offers an appealing blend of comfort, convenience, and lifestyle.

10985 E BURNSIDE ST Unit #23, Portland

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