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Rental Affordability
Average White Household
YesNo
2-Bedroom Affordability
p o r t l a n d h o u s i n g b u r e au State of Housing in Portland | Phase One | April 2015 31
P2.03
Portland Rental Affordability: Median Neighborhood Rent by Unit Type
Source: CoStar Multifamily Residential Market Data, March 2015
On average, a White Portland household could afford a rental unit in green without becoming cost burdened and spending more than 30% of their monthly income on rent, not including utilities. Those in red would not be considered affordable.
A V E R A G E H O U S E H O L D P R O F I L E
Portlanders -
Households -
Household Composition -
Households with Children -
Median Income $59,758
Maximum Monthly Housing Considered Affordable $1,494
Homeowners -
Median Income for Homeowners -
Renters -
Median Income for Renters -
Poverty Rate -
Rental Affordability
Average Black Household
YesNo
2-Bedroom Affordability YesNo
2-Bedroom Affordability
32 State of Housing in Portland | Phase One | April 2015 p o r t l a n d h o u s i n g b u r e au
P2.03
Portland Rental Affordability: Median Neighborhood Rent by Unit Type
Source: CoStar Multifamily Residential Market Data, March 2015
On average, a Black Portland household could afford a rental unit in green without becoming cost burdened and spending more than 30% of their monthly income on rent, not including utilities. Those in red would not be considered affordable.
A V E R A G E H O U S E H O L D P R O F I L E
Portlanders -
Households -
Household Composition -
Households with Children -
Median Income $27,923
Maximum Monthly Housing Considered Affordable $698
Homeowners -
Median Income for Homeowners -
Renters -
Median Income for Renters -
Poverty Rate -
Rental Affordability
Average Latino Household
YesNo
2-Bedroom Affordability YesNo
2-Bedroom Affordability
p o r t l a n d h o u s i n g b u r e au State of Housing in Portland | Phase One | April 2015 33
P2.03
Portland Rental Affordability: Median Neighborhood Rent by Unit Type
Source: CoStar Multifamily Residential Market Data, March 2015
A V E R A G E H O U S E H O L D P R O F I L E
Portlanders -
Households -
Household Composition -
Households with Children -
Median Income $35,108
Maximum Monthly Housing Considered Affordable $877
Homeowners -
Median Income for Homeowners -
Renters -
Median Income for Renters -
Poverty Rate -
On average, a Latino Portland household could afford a rental unit in green without becoming cost burdened and spending more than 30% of their monthly income on rent, not including utilities. Those in red would not be considered affordable.
Rental Affordability
Average Native American Household
YesNo
2-Bedroom Affordability
34 State of Housing in Portland | Phase One | April 2015 p o r t l a n d h o u s i n g b u r e au
P2.03
Portland Rental Affordability: Median Neighborhood Rent by Unit Type
Source: CoStar Multifamily Residential Market Data, March 2015
A V E R A G E H O U S E H O L D P R O F I L E
Portlanders -
Households -
Household Composition -
Households with Children -
Median Income $22,247
Maximum Monthly Housing Considered Affordable $556
Homeowners -
Median Income for Homeowners -
Renters -
Median Income for Renters -
Poverty Rate -
On average, a Native American Portland household could afford a rental unit in green without becoming cost burdened and spending more than 30% of their monthly income on rent, not including utilities. Those in red would not be considered affordable.
Rental Affordability
Average Asian Household
YesNo
2-Bedroom Affordability
p o r t l a n d h o u s i n g b u r e au State of Housing in Portland | Phase One | April 2015 35
P2.03
Portland Rental Affordability: Median Neighborhood Rent by Unit Type
Source: CoStar Multifamily Residential Market Data, March 2015
On average, an Asian Portland household could afford a rental unit in green without becoming cost burdened and spending more than 30% of their monthly income on rent, not including utilities. Those in red would not be considered affordable.
A V E R A G E H O U S E H O L D P R O F I L E
Portlanders -
Households -
Household Composition -
Households with Children -
Median Income $50,829
Maximum Monthly Housing Considered Affordable $1,270