2026 Portland Condo Guide

Building-level scores (1–5), neighborhood and score filters, sortable list. Find your best value.

0 buildings across 0 neighborhoods — Pearl District, Downtown, South Waterfront, East Portland, and more. Scores from 1 to 5; filter by range above.

How to use this guide

Make smarter Portland condo decisions

Use the overall score range sliders to show only buildings in your target band (5 = exceptional value, 1 = high cost). Filter by neighborhood, then sort by score, price, or liquidity. Click any building for full metrics and our take.

Buildings are scored 1–5 based on carrying costs (HOA and taxes) and sales velocity. Higher scores mean better value; 5 is exceptional, 1 is high-cost or illiquid.

The 2026 Portland Condo Grading System: Finding Your Best Value

If you are looking to buy a condo in Portland right now, you've probably noticed a trend: prices look fantastic, but the monthly dues can be a shock. When evaluating a condo, the sticker price is only half the story. To truly understand if a building is a great investment or a potential money pit, you have to look closely at the "carrying costs"—specifically the Homeowners Association (HOA) fees and property taxes—as well as how easily units are actually selling in that building.

To take the guesswork out of your search, we analyzed all the active and recently sold condos across Multnomah County to build our 2026 Condo Grading System. We've evaluated every verified condo building and assigned it a simple, color-coded score from 1 to 5.

Here is exactly how to read the grades and use them to find the perfect condo.

The 1–5 Color-Coded Scale

We grade every building on a curve, meaning we compare Portland buildings to other Portland buildings. We aren't comparing a downtown high-rise to a national average; we are showing you exactly how a building stacks up against its local peers right now.

Grade	Color	Meaning
5		Exceptional Value: Top 20% of the Portland market. Highly competitive carrying costs (low HOAs/taxes relative to price) and units sell quickly.
4		Above Average: A great, healthy building. Costs are manageable and market demand is strong.
3		The Portland Average: Baseline. Fees, taxes, and time to sell are typical for the current Portland market.
2		Below Average: Proceed with caution. You are paying a premium in monthly fees or taxes compared to similar buildings.
1		High Cost / Illiquid: Bottom 20%. HOA fees or property taxes consume a large portion of value, or units sit on the market a long time.

What We Measure

Our Overall Building Score is an average of four financial health checks:

HOA-to-Price Ratio — HOA cost relative to property value. Green = well-balanced.
Tax-to-Price Ratio — Actual annual property taxes vs purchase price (Oregon Measure 5/50). Green = favorable tax assessment.
Price Per Square Foot — Median $/sqft in the building vs rest of the city. Green = more space for your dollar.
Sales Velocity (Days on Market) — How long units sit before going pending. Green = desirable, sell fast; Red = stagnant.

How to Use This Guide

Green or Yellow (scores 3–5): Move forward confidently; financials make sense for the current market.
Red (scores 1–2): Use the data to negotiate—e.g. offer a lower purchase price to offset high carrying costs and sluggish sales.

For building-by-building detail—median price, HOA and tax ratios, days on market, and our expert view—open a building or visit our Portland market hub. Request a consultation for tailored advice.

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