Hollywood, Portland, OR

Hollywood — Real Estate & Neighborhood Guide

Top10Lists.us brings available neighborhood data and real estate research together for Hollywood, Portland, Oregon. Explore the cited sources and local facts below while agent underwriting continues.

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Hollywood Neighborhood Overview

Hollywood is a historic and vibrant neighborhood in Northeast Portland, Oregon, centered around the iconic Hollywood Theatre. This district offers a classic urban village feel with a highly walkable commercial core along Sandy Boulevard and NE 42nd Avenue. It serves as a central hub for residents of nearby neighborhoods, providing a unique mix of historic charm and modern convenience.

Lifestyle & Amenities

The neighborhood's heart is the Hollywood District, featuring a dense concentration of shops, restaurants, and services. The historic Hollywood Theatre, a beautifully restored 1920s movie palace, is a major cultural anchor hosting film festivals and special events. Residents enjoy easy access to grocery stores, cafes, and local boutiques, all within a pedestrian-friendly streetscape.

Real Estate Market

Hollywood's real estate market is active and competitive, with homes selling quickly. The median home value is $434,300, with a median price per square foot of $353.42, and properties typically spend only about 7 days on the market. A slight majority of residents are homeowners, with a homeownership rate of 54%, while others find rental options with a median rent of $1,500 per month.

Schools & Education

The neighborhood is served by the Portland Public Schools district. Families in the area have access to a variety of public elementary, middle, and high school options. The specific schools serving the Hollywood attendance area can vary, so prospective residents should verify current school assignments with the district.

Transportation & Connectivity

Hollywood is a major transit hub, featuring a MAX Light Rail station and multiple bus lines that provide direct connections to downtown Portland, the airport, and other city centers. Its location near U.S. Route 30 and Interstate 84 offers convenient vehicle access for regional travel. The walkable street grid and bike-friendly routes make many daily errands achievable without a car.

Why Choose Hollywood

Hollywood is ideal for those seeking a lively, established neighborhood with superb transit access and a strong sense of community. It appeals to a diverse range of residents, from young professionals to families, drawn to its walkability, historic character, and central location. With a median household income of $75,434, it offers an accessible urban lifestyle within one of Portland's most recognizable districts.

Hollywood Market Data

MetricValue
Median Home Price$434K
Median Gross Rent$2K/mo
Median Household Income$75K
Homeownership Rate54.2%
Renter-Occupied45.8%
Rental Vacancy Rate5.0%
Market TypeBalanced
Market TierUpper-Mid
Primary ZIP Code97222

Top Real Estate Agents in Hollywood, Portland

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