We Ran the Rent Numbers

WE RAN THE RENT NUMBERS ON PORTLAND’S 7 NEWLY LEGAL HOME OPTIONS

The original article is posted on Sightline.org and is written by Michael Andersen.

Portland recently lifted a ban on 7 housing types. They include: a duplex, a triplex, a fourplex, a mixed-income or below-market sixplex, a large group co-living home, a double ADU, and a tiny backyard home on wheels.

Working with Portland-based consultant Neil Heller, a faculty member at the Incremental Development Alliance, the study sought to answer the question - Will any of them actually be built? The study estimates the cost for each new housing type weighed against any proposed rent based on current market conditions.

Read the article to learn what was discovered about each housing type.