Montavilla, Portland, OR—97216
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Montavilla, Portland, OR
As of Oct '25, the median home price in Montavilla, Portland, OR is $413,000, with a year-over-year change of 0.1%. This indicates that home prices in Montavilla, Portland, OR are flat. According to Zillow, the 1-year price projection is -1.1%, suggesting a decrease housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $413,000 | 0.1% |
| Single Family | $418,000 | 0.0% |
| Condos | $296,000 | -3.9% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $363,000 | 0.3% |
3 Bed | $421,000 | -0.2% |
4 Bed | $477,000 | -0.6% |
| 5 Bed | $528,000 | -0.2% |
% of Housing Stock
Rental Trends — Montavilla, Portland, OR
As of July '25, Rentcast reports the average rent in Montavilla, Portland, OR is $1,640, with a year-over-year rent change of -18.8%. Per bedroom, the median rent as of July '25 in Montavilla, Portland, OR is 1-bedrooms: $1,260, 2-bedrooms: $1,530, 3-bedrooms: $2,500, 4-bedrooms: $2,550. The most common rental property sizes in Montavilla, Portland, OR are 1-bedroom and 2-bedroom, accounting for 43.8% and 27.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,450 | $1,640 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,250 | $1,260 |
| 2 Bed Rent | $1,450 | $1,530 |
| 3 Bed Rent | $2,350 | $2,500 |
| 4 Bed Rent | $2,300 | $2,550 |
% of Rental Stock
Property Listings — Montavilla, Portland, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Montavilla, Portland, OR is 43. This is a increase of 29.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $380,000 | -4.0% |
Listing Count | 57 | 10.0% |
| Listings as % of Homes | 0.7% | 10.0% |
Days on Market | 43 | 29.0% |
Demographics — Montavilla, Portland, OR
As of the latest ACS Survey released in 2023, Montavilla, Portland, OR has a population of 16,700, which has remained stable by -0.8% over the past 5 years. Montavilla, Portland, OR is a moderately popular place for families, as children make up 19.6% of the population. The area has a moderately educated workforce, with 33.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 17.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 16,700 | -0.8% |
% Under 18 | 19.6% | -0.5% |
% Seniors | 16.1% | 17.5% |
% WFH | 17.1% | 131.1% |
% w/ College Degree | 33.4% | 13.6% |
As of the latest ACS Survey released in 2023, Montavilla, Portland, OR is a predominantly white area, with 54.3% of the population identifying as white. The white population has shrunk by 15.2% in the last 5 years. The second most common race or ethnicity in Montavilla, Portland, OR is asian, making up 15.9% of the population. Foreign-born residents account for 20.6% of the population in Montavilla, Portland, OR, and this percentage has decreased by 18.6% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 54.3% | -15.2% |
% Black | 7.2% | 166.7% |
% Hispanic | 12.3% | -3.9% |
% Asian | 15.9% | 26.2% |
% Foreign Born | 20.6% | -18.6% |
Mortgage and Risk — Montavilla, Portland, OR
According to HUD data as of 2023, there were 253 mortgage originations in Montavilla, Portland, OR, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 70.0%, with 40.0% above 90% LTV (very high). This implies large mortgage risk in Montavilla, Portland, OR. Investor activity is low, as 1.0% of loans were by investors. 4.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 253 |
% Conventional Loans | 85.0% |
% Government Loans | 15.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 4.0% |
Loan Activity
Rentals and Section 8 — Montavilla, Portland, OR
As of 2024, the percent of homes in Montavilla, Portland, OR under the Section 8 program is 8.8%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Montavilla, Portland, OR, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 306 |
Total Units Section 8 | 297 |
% Rentals under Section 8 | 8.8% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $350 | $1,250 | $1,600 |
| 2 Bedroom | $380 | $1,450 | $1,830 |
| 3 Bedroom | $180 | $2,350 | $2,530 |
| 4 Bedroom | $630 | $2,300 | $2,930 |
Affordability — Montavilla, Portland, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $413,000 |
| Median Household Income | $72,000 |