Welcome to Lloyd District
For years, the Lloyd District in Northeast Portland is best known for it's open-air shopping venue, The Lloyd Center and featured the iconic Lloyd Ice Rink. Located off the I-5, this highly accessible area is where you will find the Moda Center - home of the Portland Trail Blazers - and Oregon Convention Center.
Lloyd District At-A-Glance
Where is The Lloyd District?
The Lloyd District is located on the east side of the Willamette River. It is bordered by the Sullivan's Gulch, Irvington, Grant Park and Kerns neighborhoods. Lloyd District Community Association is part of the Northeast Coalition of Neighborhoods and is included in City of Portland's Office of Neighborhood Involvement.
Real Estate Year-in-Review for 97232
Based on data from Regional Multiple Listing Service (RMLS), there were 125 homes sold last year within the 97232 Zip Code with an average sales price of $545,823. The average Combined Days On Market (CDOM) for 97232 in 2016 was 31 days. The Sold-Price Ratio was 100.6 percent, which denotes the percentage of difference between the original list price and the sale price. Buyers were represented by their own agent (separate from the listing agent) in 93.60% of the transactions listed in RMLS for this Zip Code.
Neighborhood attendance areas for the Lloyd neighborhood include the following schools: Buckman (K-5), Hosford (6-8) and Cleveland High School. For more information on schools, bus schedules, attendance areas and a host of other useful information please visit Portland Public Schools. For ratings, visit GreatSchools.org.
According to public records, the Lloyd neighborhood has a total of 7,880 total households with more white collar workers (5,142) than blue collar workers (2,475). Most residents are college educated. 4,218 residents have a Bachelors Degree, while 2,778 have post-graduate degrees. Median income for those aged 45-64 is $56,830, while those over 65 show a median income of $43,767. Average household income is $59,492. Average household net worth is $430,820.
Lloyd neighborhood in Portland is commonly referred to as Lloyd Center, Located off the I-5, this highly accessible area is where you will find the Rose Garden, Oregon Convention Center and Lloyd Mall. Before the advent of the Pearl District, Lloyd was the retail destination for Portland. One of Portland’s smaller neighborhoods in size, it does a lot of heavy lifting for Portland as it houses the Moda Center, the Convention Center and the Lloyd Center Mall.
The nearness of the Convention Center means hotels and a number of businesses dedicated to serving the visiting business community, but all these seems to be contained in a compact area of office buildings, high-rise condos and apartments, hotels and restaurants. While it seems like this would be a distraction - in aesthetics or driving - the consolidation of all these business-traveler amenities into several blocks makes its impact less significant.
For those wanting to relocate to Portland - but still want to retain the feel of a city - Lloyd is the logical choice. Living here doesn’t necessarily mean you’ll post up in a high-rise condo or apartment building, but those would be the obvious and first options. North of Broadway, Lloyd inches it’s way towards it’s upscale neighbor, Irvington, and here you’ll find a collection of homes more akin to what you’d find in the surrounding neighborhoods.
The public transit options in Lloyd can't be beat.Lloyd receives the following grades from Walk Score: Walk Score: 90, Transit Score: 80, Bike Score: 100.
Getting Around Northeast Portland
No wonder homes in Northeast Portland are among Portland's hottest sellers on the market in recent memory. The neighborhoods that comprise ‘Central Northeast’ offer a wealth of distinguished homes, tree-lined streets, family-friendly activities and top-performing schools.
From Laurelhurst Neighborhood to Alameda and its Beaumont-Wilshire neighbors, houses displaying a flair for architectural details abound. Alameda Ridge provides magnificent views of the city and nearby Grant Park provides a stunning backyard playground for people of all ages. Forgetting Lloyd Center for a moment, there’s ample street shopping along Fremont as well as Broadway - whose success owes to the introduction of a streetcar that ferried people to their suburban homes from downtown in the early 1900s. Look closely and you can still see the vestiges of the tracks peaking up from beneath the asphalt.
If the Central Northeast neighborhoods around Hollywood and Alameda point to Portland’s tonier past, the neighborhoods of Albina, Boise, Eliot, Concordia and the increasingly popular Alberta Arts district - located in what is referred to as ‘Inner Northeast’ - reveal how Portland perceives its future. At the same time those streetcars were popping up, a significant African American population was discovering Portland, finding work in the many jobs available on the river and in the shipyards. A host of controversial - and now illegal - practices forced the African American community to take up residences in the Albina district where the Moda Center now resides. For a time, a lack of city funds to improve or even maintain the neighborhoods resulted in these neighborhoods adopting an impoverished and lackluster appeal.
But all that has changed. Gentrification has allowed the refurbishment of numerous homes that rival those in Laurelhurst and Beaumont. Businesses have popped up along streets where no previous reason to visit existed. The poster-child of progress is the Alberta Arts district - a melting pot of flavors, styles and attitudes culminating in a colorful blend of businesses, art studios and apartments. To see this on full-swing display visit the Alberta Arts Last Thursday event from May to September to find all 15 blocks of this area consumed by this community grown event featuring artists, vendors, musicians, performers and street food.
You’ll never have to travel out of NE to satisfy any of your nightlife cravings. Cheer on the Trailblazers or take in a mega-concert at the Moda Center. Relax in front of an indie flick at the Hollywood Theater. Reserve a spot at the Laurelhurst Market for your anniversary dinner, or pop in to Secret Society for an aperitif. Millennials might opt to stray across MLK Boulevard to avail themselves of the opportunities too numerous to mention on Mississippi - from the wealth of bands at Mississippi Studios, the down-market Crow Bar or the trendy Moloko night spot.
The past has been exceptionally beneficial to those neighborhoods in NE closer to the city’s center, and the future looks just as promising for the outlying neighborhoods. It is safe to say that some of the best deals in Portland’s real estate market are found in NE, fueling its increasing popularity. Northeast Portland offers a neighborhood for everyone - well-established families and those just starting out will find a place to call home. Young and single? There’s a place for you as well.