Lloyd District, Portland, OR—97232
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Lloyd District, Portland, OR
As of Oct '25, the median home price in Lloyd District, Portland, OR is $627,000, with a year-over-year change of 1.2%. This indicates that home prices in Lloyd District, Portland, OR are increasing. According to Zillow, the 1-year price projection is -0.6%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $627,000 | 1.2% |
| Single Family | $735,000 | 1.5% |
| Condos | $297,000 | -4.5% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $270,000 | -3.6% |
2 Bed | $426,000 | -2.1% |
3 Bed | $703,000 | 0.9% |
4 Bed | $833,000 | 1.1% |
| 5 Bed | $952,000 | 0.8% |
% of Housing Stock
Rental Trends — Lloyd District, Portland, OR
As of July '25, Rentcast reports the average rent in Lloyd District, Portland, OR is $1,600, with a year-over-year rent change of -3.6%. Per bedroom, the median rent as of July '25 in Lloyd District, Portland, OR is studios: $1,210, 1-bedrooms: $1,440, 2-bedrooms: $1,820, 3-bedrooms: $3,040, 4-bedrooms: $3,620. The most common rental property sizes in Lloyd District, Portland, OR are 1-bedroom and studio, accounting for 44.9% and 30.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,460 | $1,600 |
| Studio Rent | $1,200 | $1,210 |
| 1 Bed Rent | $1,490 | $1,440 |
| 2 Bed Rent | $1,700 | $1,820 |
| 3 Bed Rent | $2,880 | $3,040 |
| 4 Bed Rent | $3,550 | $3,620 |
% of Rental Stock
Property Listings — Lloyd District, Portland, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Lloyd District, Portland, OR is 94. This is a increase of 58.0% 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 28.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $295,000 | -43.0% |
Listing Count | 29 | -4.0% |
| Listings as % of Homes | 0.4% | -4.0% |
Days on Market | 94 | 58.0% |
Demographics — Lloyd District, Portland, OR
As of the latest ACS Survey released in 2023, Lloyd District, Portland, OR has a population of 15,200, which has increased by 22.0% over the past 5 years. Lloyd District, Portland, OR is a less popular place for families, as children make up 10.8% of the population. The area has a highly educated workforce, with 65.4% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 24.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 15,200 | 22.0% |
% Under 18 | 10.8% | 5.9% |
% Seniors | 15.1% | -1.9% |
% WFH | 24.8% | 230.7% |
% w/ College Degree | 65.4% | -3.4% |
As of the latest ACS Survey released in 2023, Lloyd District, Portland, OR is a predominantly white area, with 68.4% of the population identifying as white. The white population has shrunk by 12.6% in the last 5 years. The second most common race or ethnicity in Lloyd District, Portland, OR is hispanic, making up 13.6% of the population. Foreign-born residents account for 7.2% of the population in Lloyd District, Portland, OR, and this percentage has increased by 2.9% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 68.4% | -12.6% |
% Black | 5.4% | 58.8% |
% Hispanic | 13.6% | 70.0% |
% Asian | 5.1% | 15.9% |
% Foreign Born | 7.2% | 2.9% |
Mortgage and Risk — Lloyd District, Portland, OR
According to HUD data as of 2023, there were 219 mortgage originations in Lloyd District, Portland, OR, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Lloyd District, Portland, OR. Investor activity is low, as 2.0% of loans were by investors. 5.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 219 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 5.0% |
Loan Activity
Rentals and Section 8 — Lloyd District, Portland, OR
As of 2024, the percent of homes in Lloyd District, Portland, OR under the Section 8 program is 2.8%. 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. 1-bedroom and 2-bedroom units appear to be good home sizes to consider for Section 8 housing in Lloyd District, Portland, OR, because HUD payments exceed market rent, while 3-bedroom and 4-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 284 |
Total Units Section 8 | 210 |
% Rentals under Section 8 | 2.8% |
% Occupied Section 8 | 85.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $300 | $1,490 | $1,790 |
| 2 Bedroom | $340 | $1,700 | $2,040 |
| 3 Bedroom | -$80 | $2,880 | $2,800 |
| 4 Bedroom | -$260 | $3,550 | $3,290 |
Affordability — Lloyd District, Portland, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 8.7 |
| Median Home Price | $627,000 |
| Median Household Income | $71,300 |