Swan Island, Beaverton, OR
Swan Island — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Swan Island, Beaverton, Oregon. Explore the cited sources and local facts below while agent underwriting continues.
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Swan Island Neighborhood Overview
Swan Island is a distinctive neighborhood in Portland, Oregon, situated within Multnomah County and ZIP code 97217. It is primarily an industrial and residential enclave located on a peninsula in the Willamette River, offering a unique blend of working waterfront and residential living. This setting provides residents with a quiet, insular community feel distinct from the surrounding urban areas.
Lifestyle & Amenities
The neighborhood's lifestyle is defined by its industrial character and proximity to the river, with a focus on practicality over traditional retail amenities. Residents enjoy access to parks and riverfront paths, though daily errands typically require a short trip off the island. Its walkability score of 11.3 reflects its industrial land use, making a car essential for most daily needs.
Real Estate Market
Swan Island's real estate market is positioned in the Upper Mid tier, with a median home value of $535,800 and a median household income of $102,051. The market saw robust activity with 832 mortgage originations in 2023, predominantly conventional loans. Rental options are available, with a median gross rent of $1,779 per month.
Schools & Education
Families in Swan Island are served by several nearby schools in the surrounding Portland area. Elementary options include Beach Elementary, Chief Joseph Elementary, and The Ivy School, all within approximately 1.3 miles. Ockley Green Middle School is also conveniently located about 1.5 miles from the neighborhood.
Transportation & Connectivity
The neighborhood is highly accessible by car via I-5 and has dedicated road and rail infrastructure supporting its industrial base. While not a transit hub, it connects residents to the broader Portland metro area. Its central location provides quick commutes to downtown Portland and nearby neighborhoods like Overlook and Arbor Lodge.
Why Choose Swan Island
Swan Island appeals to those seeking a quiet, unique residential setting with a direct connection to Portland's working waterfront and industrial economy. It offers a sense of separation from the city bustle while maintaining excellent highway connectivity. The stable real estate market and upper-mid-tier pricing make it a practical choice for professionals working in the area or those desiring a distinctive Portland address.
Swan Island Market Data
| Metric | Value |
|---|---|
| Median Home Price | $536K |
| Median Gross Rent | $2K/mo |
| Median Household Income | $102K |
| Homeownership Rate | 57.5% |
| Renter-Occupied | 42.5% |
| Rental Vacancy Rate | 4.2% |
| Market Type | Balanced |
| Market Tier | Upper Mid |
| Primary ZIP Code | 97217 |
| Mortgage Originations (2023 HMDA) | |
| Total Mortgage Originations | 832 |
| VA Loan Originations | 14 |
| VA Loan Share | 1.7% |
| Conventional Loan Originations | 773 |
| FHA Loan Originations | 45 |
Top Real Estate Agents in Swan Island, Beaverton
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Swan Island, Beaverton, OR. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Oregon Real Estate Agency (OREA) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2023
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15