1+ Bedroom Urban Condos for Sale in Portland, OR Under $250K
There are 12 condos for sale in Portland, OR, with 1 to 3 bedrooms, 1 to 2 bathrooms, and 559 to 1,140 square feet of living space. Displayed asking prices range from $210,000 to $244,900, and build years from 1925 to 2026. The largest, at 12550 Southeast Main Street, offers 3 bedrooms and 1,140 square feet for $210,000.
Condos in urban Portland cluster around the Pearl District, the former warehouse blocks north of Burnside where converted brick buildings sit beside new lofts and galleries. Downtown Portland lies a few blocks south, reached across the Willamette River bridges. The Esplanade follows the river's west bank with walking paths and views of passing boats, and Waterfront Park sits close to the downtown core.
The MAX Yellow Line connects the North Portland neighborhoods of Kenton and St. Johns to downtown in a short ride, giving commuters a transit option without a long drive. Interstate 5 and Interstate 84 offer quick routes out of the city core. Pier Park in St. Johns has trails, open green space and sports courts, and Forest Park, one of the largest urban forests in the country, lies in the city's northwest hills.
Homes in this collection
15 homes
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Buying in Portland
The questions buyers ask us most about this collection.
What is it like to live in the Pearl District?
The Pearl District is a former industrial area that has become one of Portland's most walkable neighborhoods. Many buildings are converted warehouses with brick walls and high ceilings. Streets are lined with galleries, cafes and shops, and the Esplanade and Waterfront Park are close by.
How do I commute from a Portland condo to downtown?
Many Portland condos are close enough to downtown that a walk, bike ride or short MAX trip replaces a car commute. The MAX Yellow Line serves the North Portland neighborhoods of Kenton and St. Johns and connects them to the downtown core. Buyers who drive should check peak traffic on the Interstate 5 and Interstate 84 approaches.
What should I check before buying a condo in Portland?
Review the homeowners association budget, reserve study and any planned exterior repairs before making an offer. Ask whether parking is deeded, assigned or leased, since parking rules vary by building. Confirm the rules on rentals and pets as well.
How does St. Johns differ from the Pearl District?
St. Johns is a historic North Portland neighborhood with a small-town feel, a riverside setting and the St. Johns Bridge. The Pearl District is more urban, with dense blocks of lofts, restaurants and galleries near downtown. Buyers who want quiet streets and trail access often look at St. Johns, while those who want nightlife and walkability often prefer the Pearl.
Is Forest Park accessible from Portland condos?
Forest Park is a large wooded reserve in Portland's northwest hills and is one of the largest urban forests in the United States. Many trails begin within the city, so residents of nearby neighborhoods can reach them by bike or short drive. It is a major draw for hikers and trail runners.
Are Portland condos a good place for first-time buyers?
Condos are often the most affordable path into homeownership in central Portland. Lower maintenance than a house and access to transit make them practical for first-time buyers. Buyers should weigh HOA dues and building condition alongside the purchase price.