Best Areas to Invest in Portland and Surrounding Areas

Are you looking to invest in Portland’s real estate? Portland has a lot to offer investors, with its great atmosphere and strong economy. When looking into the Portland market, it’s important to understand the different neighborhoods you could be investing in. Whether you prefer city life or quieter areas, there’s something for everyone here.

Portland has various properties available, from trendy downtown apartments to spacious homes in the suburbs. Each neighborhood has its feel and potential for investment, catering to different types of renters and market trends. At Century 21 Northstar, we’ve highlighted some of the best neighborhoods for investment in Portland. Let’s look at these areas and what they offer for investors like you.

Hillsboro

Hillsboro boasts a thriving tech industry and plentiful job prospects, making it a magnet for those in search of a vibrant urban setting. The city’s dynamic atmosphere and diverse housing options cater to those looking to establish roots in a bustling community with ample career opportunities. Its strategic location near Portland further enhances its appeal, offering residents access to both urban amenities and suburban tranquility.

Oregon City

Oregon City’s fusion of historical allure and contemporary conveniences creates a distinctive living environment near Portland, appealing to a range of renters and buyers. Its rich heritage, showcased through landmarks like the Oregon City Municipal Elevator, adds character to the city while modern amenities ensure comfort and convenience for residents. 

property manager showing a rental contract to a tenant with a house figurine on their desk

With its proximity to Portland and diverse housing options, Oregon City presents an attractive opportunity for those seeking a blend of history and modernity in their living space.

Milwaukee

Milwaukee stands out for its lively arts culture, diverse population, and affordable housing options near downtown Portland, making it a prime choice for urban living without breaking the bank.

The city’s vibrant community and access to cultural amenities attract residents who value a dynamic urban lifestyle without the steep price tag often associated with metropolitan areas. With its blend of affordability and urban convenience, Milwaukee offers an appealing alternative for those looking to embrace city life on a budget.

Tualatin

Tualatin’s reputation for top-tier schools, friendly community, and abundance of outdoor recreation make it a premier choice for those in search of a well-rounded lifestyle. The city’s focus on education and community engagement fosters a supportive environment for those looking to settle somewhere long-term. 

Tigard

Tigard’s appeal lies in its harmonious mix of peaceful suburban living and convenient urban amenities, attracting residents seeking a balanced lifestyle. With thoughtfully designed neighborhoods, quality schools, and nearby amenities, Tigard provides a comfortable environment for a wide range of residents. Its strategic location ensures easy access to both everyday necessities and recreational opportunities, making Tigard an attractive choice for those seeking convenience and tranquility.

math teacher standing in front of a class lecturing

Clackamas

Clackamas offers residents a suburban retreat characterized by a tight-knit community, excellent schools, and abundant recreational spaces. Its serene atmosphere and proximity to outdoor amenities make it an ideal setting for those seeking a balanced lifestyle. 

With its emphasis on community engagement and access to nature, Clackamas provides a welcoming environment for those looking to put down roots.

Beaverton

Beaverton’s appeal stems from its diverse housing market, top-tier educational institutions, and the presence of major employers, making it an attractive destination for a diverse tenant base as well as real estate investors. With its stable economy and strategic location near Portland, Beaverton offers both stability and growth potential for those looking to invest in real estate. 

Whether seeking a friendly community or lucrative investment opportunities, Beaverton stands out as a desirable destination in the Portland metropolitan area.

West Linn

West Linn’s allure lies in its excellent neighborhoods, top-notch schools, and picturesque landscapes, drawing in residents and investors seeking premium real estate options. With its reputation for luxury living and scenic beauty, West Linn offers an ideal setting for those looking to invest in upscale properties with high potential for appreciation. Its tranquil yet sophisticated atmosphere makes it a sought-after destination for those seeking exclusivity in their living environment.

living room with built-in bookshelf and TV

Lake Oswego

Lake Oswego’s allure lies in its affluent lifestyle, waterfront properties, and upscale amenities, making it highly desirable for luxury homebuyers and investors alike. With its prestigious reputation and picturesque surroundings, Lake Oswego offers a premium living experience sought after by those looking for high-end real estate opportunities.

Troutdale

Troutdale’s appeal stems from its tranquil small-town atmosphere, breathtaking scenery, and abundance of outdoor recreational activities, making it an ideal retreat for both residents and investors seeking peace and natural beauty. Its serene ambiance and proximity to nature provide a unique opportunity for investors looking to capitalize on the demand for idyllic living environments.

Forest Grove

Forest Grove‘s laid-back vibe, affordable housing options, and close proximity to vineyards and farmland present an attractive prospect for investors seeking growth potential in a relaxed, rural setting. With its charm and affordability, Forest Grove offers a promising opportunity for investors looking to enter the real estate market in a thriving community with potential for appreciation.

Bottom Line 

Portland’s real estate market offers diverse opportunities for investors, with various neighborhoods catering to different preferences and investment goals. If you’re considering purchasing real estate in Portland, explore the promising areas mentioned above. Feel free to reach out to Century 21 Northstar for any inquiries about investment opportunities or property management services in Portland, Oregon!