PEARL DISTRICT Homes under $500,000

Welcome to the Pearl District, one of Portland, Oregon's most vibrant and sought-after neighborhoods! Nestled in the heart of the city, this dynamic area is a perfect blend of urban sophistication and artistic charm. Once an industrial hub, the Pearl District has transformed into a thriving community filled with chic boutiques, art galleries, and gourmet restaurants, making it a haven for those who appreciate the finer things in life.

The Pearl District is known for its stunning architecture, featuring a mix of historic warehouses and modern condos that reflect the area's rich history while catering to contemporary tastes. Residents enjoy easy access to lush parks, including the scenic Jamison Square, where you can relax by the water feature or take a leisurely stroll along the pathways. The neighborhood is also home to a vibrant arts scene, with the Portland Center Stage and numerous galleries showcasing the work of local artists.

If you’re looking to settle in this desirable area without breaking the bank, you’ll be pleased to know that homes under $500,000 can be found in the Pearl District. While the market can be competitive, there are charming condos and smaller townhomes that offer an affordable entry point into this bustling community. Living in the Pearl District means you’re just steps away from trendy coffee shops, farmers' markets, and the MAX light rail, making it easy to explore all that Portland has to offer.

Discover the allure of the Pearl District—a place where urban living meets artistic inspiration, all within your reach!

Newest PEARL DISTRICT Homes under $500,000

$369,000

1 Baths ⋅ 666173557 MLS ⋅ ACTIVE Status

Welcome to your dream urban oasis in Portland's coveted Pearl District! This exquisite NY-style studio loft is the epitome of modern city living, offering a perfect blend of sophistication, convenience, and style. As you step inside, you'll be immediately struck by the sense of space and light that defines this loft. The open concept floorplan creates a seamless flow between living, dining, and sleeping areas, making it ideal for modern living. This studio has been meticulously designed with attention to detail. The kitchen is a true culinary masterpiece, designed for both form and function. It boasts top-of-the-line, high-end appliances that will satisfy even the most discerning chef. Stainless steel finishes, sleek cabinetry, and ample counter space make cooking a joy in the space. Living in this unit allows you to experience the best of Portland's urban lifestyle. Enjoy easy access to top-notch restaurants, art galleries, boutiques, and parks, just minutes away.

1011 NW GLISAN ST Unit #203, Portland

Courtesy of Premiere Property Group, LLC

$415,000

1 Beds ⋅ 2 Baths ⋅ 516997889 MLS ⋅ ACTIVE Status

Welcome to Park Place, where modern city living meets the vibrant energy of Portland’s Pearl District. This beautifully updated 1-bedroom, 2-bath condo offers 1,028 square feet of comfortable, flexible living space, with an east-facing orientation that welcomes abundant natural morning light. An additional den provides the perfect space for a home office, guest room, or creative retreat.Thoughtfully improved throughout, the home features hardwood floors in the main living areas, fresh interior paint, and a newer washer and dryer. Year-round comfort comes from a new heat pump and AC system, complemented by a Nest thermostat.The spacious primary suite offers a peaceful retreat with motorized blackout shades and an updated bath featuring a new vanity, mirrors, and lighting. Open living and dining areas create an inviting setting for both everyday living and entertaining, while the well-designed floor plan offers plenty of flexibility.Ideally located in the heart of the Pearl District, Park Place puts acclaimed restaurants, coffee shops, boutiques, parks, entertainment, and public transportation just outside your door. Enjoy the best of urban Portland living in a thoughtfully updated home in one of the city’s most desirable neighborhoods.

922 NW 11TH AVE Unit #514, Portland

Courtesy of Keller Williams PDX Central

$269,000

1 Beds ⋅ 1 Baths ⋅ 530769841 MLS ⋅ ACTIVE Status

Wonderful natural light and high ceilings highlight this one bedroom Pearl District residence. Enjoy the open east facing view through the floor-to-ceiling balcony glass door, slider and transom windows. Stainless refrigerator, dishwasher, new stainless range and microwave. Double closet in bedroom area and great storage along the entry hall. Included washer/dryer located in bathroom. Newer furnace and A/C with Smart thermostat. The eastside units enjoy quieter living with the building's private driveway below instead of a city street. Remarkable exterior redesign of Hoyt Commons completed in 2022 - the transformed building includes new siding, windows, doors, deck surface & railings. Includes a secure parking space and storage. Lower the amount of lender financing needed with the opportunity to assume HOA loan as a portion of the purchase price at a significantly lower rate. Live where the Pearl District began!

618 NW 12TH AVE Unit #303, Portland

Courtesy of Christie's International Real Estate Evergreen

$325,000

1 Beds ⋅ 1 Baths ⋅ 436061601 MLS ⋅ ACTIVE Status

Experience the unique character and endless possibilities of Irving St. Lofts, one of the Pearl District’s most iconic warehouse conversions. Perched on the sixth floor, this spacious loft captures views of downtown Portland and the surrounding Pearl neighborhood while blending authentic industrial architecture with the comforts of modern living. Sunlight pours through expansive windows, illuminating soaring ceilings and beautifully polished/stained concrete floors that reflect the building’s historic roots. Stainless steel appliances complement the open living space, while the rare addition of central air conditioning provides year-round comfort—an uncommon and highly desirable feature within the building. What truly sets this property apart is its exceptional versatility. Zoned EX (Central Employment) and located in a building that welcomes commercial and office use, the space offers remarkable flexibility for those seeking a sophisticated urban residence, creative studio, professional office, or a seamless combination of all three. Whether you’re an entrepreneur, artist, designer, consultant, or simply someone who values adaptable space in an unbeatable location, this loft is designed to evolve with your vision. Beyond the unit itself, residents and business owners enjoy access to a spectacular rooftop deck showcasing panoramic 360-degree views of the Portland skyline, surrounding mountains, and cityscape. One secure parking space, a meeting room and employee restrooms located on the second floor further enhance the property’s live/work appeal. Situated in the heart of the Pearl District with an outstanding Walk Score of 99, you’ll find Portland’s finest dining, shopping, galleries, parks, and nightlife just outside your door. From morning coffee at a neighborhood café to evening strolls through the historic warehouse district, this is urban living at its finest.

1314 NW IRVING ST Unit #605, Portland

Courtesy of Josh Reiter Real Estate

$269,000

1 Baths ⋅ 334937102 MLS ⋅ ACTIVE Status

Experience elevated urban living at Streetcar Lofts, where thoughtful design and modern style make the most of every inch. Soaring ceilings, expansive windows and an open-concept layout create a light-filled, airy environment that lives large. Located in the heart of Portland’s sought after neighborhood of Pearl District, you’ll enjoy immediate access to cafés, galleries, many dining choices, First Thursday art events, and convenient streetcar transit just steps from your door. Enjoy the well-maintained amenities, including a serene, landscaped courtyard, a fully equipped fitness center, secure parking and welcoming common areas. Simply your lifestyle in the city that you have been looking for is right here!

1030 NW 12TH AVE Unit #130, Portland

Courtesy of Where, Inc

$264,000

1 Beds ⋅ 1 Baths ⋅ 145842864 MLS ⋅ ACTIVE Status

Welcome to The Avenue, one of the Pearl District's most beloved historic warehouse conversions. This upper floor studio lives large with soaring 13+ foot ceilings, a dramatic wall of grid pattern windows, and city views that fill the space with natural light all day long. 13" concrete floors make it exceptionally quiet. The open floor plan features hardwood floors throughout, stainless steel appliances, a free standing range, built in dishwasher, custom closet organizers, and in unit washer and dryer. Deeded parking included. Building amenities include a gym, common atrium, and meeting room. A walkable Pearl location with a Walk Score of 98 puts you steps from Portland's best parks, restaurants, and shopping. This is urban living done right.

1400 NW IRVING ST Unit #615, Portland

Courtesy of Real Broker

$320,000

1 Beds ⋅ 1 Baths ⋅ 460842186 MLS ⋅ ACTIVE Status

East VIEWS of Mount Hood and the City! This contemporary, open-concept 1 bedroom / 1 bathroom condo—with an additional in-unit storage room—is flooded with natural light. Floor-to-ceiling windows showcase stunning city views with peek-a-boo views of Mt. Hood. Located on the incredible 10th floor, this home overlooks the heart of the Pearl District.The European-style efficiency kitchen features a rolling island and stainless steel appliances. Beautiful hardwood floors run throughout the unit. Enjoy access to the 5th-floor community room and west-facing deck—perfect for sunsets—as well as the BBQ and entertaining area. Walk Score: 98.Pets allowed. No short-term rentals. Current waitlist for rentals. Seller Financing Available, Lower interest rate opportunity at 5.5% with 20% down. Interest rate—well below the current market rates, which are generally in the mid-6% to high-6% range. This provides a significant financing advantage for a buyer. Additional details to be provided by listing brokers.

1410 NW KEARNEY ST Unit #1019, Portland

Courtesy of Where, Inc

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