Richest Neighborhoods in Portland

By PropertyClub Team
Jan 13th 2024
Portland, known for its eclectic culture, vibrant arts scene, and stunning natural beauty, is also home to some of the most affluent neighborhoods in the Pacific Northwest. Let's delve into the twelve richest neighborhoods in Portland, where luxury homes, upscale amenities, and a high quality of life define the landscape.

hash-mark10 Richest Portland Neighborhoods

  1. Dunthorpe
  2. Arlington Heights
  3. Hillside
  4. Southwest Hills
  5. Eastmoreland
  6. Lake Oswego
  7. Laurelhurst
  8. Irvington
  9. Alameda
  10. Forest Park


The richest neighborhood in Portland is Dunthorpe. This affluent community sits just a ten-minute drive south of downtown Portland, offering residents a quick and easy commute into the city. People living here enjoy a comfy lifestyle, with a median household income of $250,001. 

The neighborhood is close to Tryon Creek State Park, offering a peaceful retreat for residents. The median home price in Dunthorpe is around $1,840,000.

hash-markArlington Heights

Arlington Heights, another rich neighborhood in Portland, is famous for its big houses. People here earn about $182,000 each year, and the real estate market is pricey, with homes costing around $1,050,000 on average. 

Arlington Heights is close to cool places like Washington Park, the Oregon Zoo, and the Portland Japanese Garden. If you want to rent, it's about $1,752 a month. Living in Arlington Heights means enjoying luxury houses and being near some of Portland's best attractions.


Hillside, which wraps our list of richest neighborhoods in Portland, is next to Northwest, a lively area with lots of restaurants, bars, and shops. The average home in Hillside is worth $987,025, and folks here have a median household income of $177,664. 

Living in Hillside means enjoying a blend of upscale living and easy access to the vibrant scene in the nearby Northwest.

hash-markSouthwest Hills

Southwest Hills is the richest neighborhood in Portland, where the streets are lined with beautiful homes and stunning views. It's a green oasis with parks like Council Crest Park, Governors Park, and Healy Heights Park, offering residents plenty of outdoor spaces to enjoy. 

The median home price in Southwest Hills is $976,000. With a median household income of $164,400, Southwest Hills provides an upscale living experience in the heart of Portland.


Eastmoreland, the 9th richest neighborhood in Portland, is a charming early-twentieth-century enclave filled with trees, offering a picturesque setting for its residents. With a median household income of $145,600, Eastmoreland reflects prosperity. 

The average home value here stands at $876,000, making it an affluent area with attractive real estate. 

hash-markLake Oswego

Lake Oswego, the 5th richest neighborhood in Portland, offers a picturesque lakeside setting and a vibrant community. With an average home value of $869,800 and a median household income of $138,500, it stands as an affluent enclave. 

The city, once a hub for Oregon's iron industry in the late 19th century, has evolved into a residential haven. 


Laurelhurst is a vintage neighborhood in Portland, one of the oldest in the city. With its charming streets and historic houses, it's like stepping back in time. People here live in homes with character, like Craftsman and Colonial-style houses. 

If you want to buy a home here, you might need some deep pockets, as the average home value is around $824,000. The people living in Laurelhurst have a median household income of $139,200, reflecting the prosperous and comfortable vibe of this classic Portland neighborhood.


Irvington is also one of the richest neighborhoods in Portland. Irvington is known for its big, fancy mansions. People here earn around $137,100 per year, and the average home costs $820,300. Irvington stands out with its many impressive homes, and residents love spending time at Irvington Park, a favorite spot in the neighborhood.


Alameda, another one of the richest neighborhoods in Portland, is known for its beautiful homes and easy access to green spaces like Wilshire Park, Grant Park, and Irving Park. 

The average home value in Alameda is $791,000, reflecting the upscale nature of the neighborhood. The median household income stands at $140,500, indicating a prosperous community that values both quality living and outdoor amenities.

hash-markForest Park

Nestled in the hills near downtown Portland, Forest Park is one of the richest neighborhoods in the city, where the average home price is $713,000 and the median household income reaches $130,200. 

Forest Park offers a blend of opulent living and natural beauty as residents enjoy the extensive trails and lush greenery of the iconic Forest Park. Despite its affluence, the neighborhood maintains a low unemployment rate, hovering around 2%, reflecting a prosperous and stable community.