# Portland (OR) Class A submarkets

> Portland (OR) has 5 distinct Class A submarkets we track, anchored by Pearl District at the trophy tier.

**Canonical URL:** https://classa.info/cities/portland-or/neighborhoods-overview
**Page type:** city-topic
**Last updated:** 2026-04-15T00:00:00.000Z
**License:** CC BY 4.0 with attribution to Class A Atlas (https://classa.info).

## TL;DR
- 5 submarkets covered.
- Trophy tier: Pearl District.
- Prime tier: Lloyd District, South Waterfront.
- Established/emerging tier: Downtown, Beaverton / Hillsboro.

## Key facts
- **city**: Portland (OR)
- **country**: United States
- **region**: Americas
- **classARentLocal**: $32/sqft/yr
- **classARentUsd**: $32/sqft/yr
- **vacancy**: 27.8%
- **typicalLeaseYears**: 7
- **typicalRentFreeMonths**: 16
- **submarkets**: 5
- **primeYieldPct**: 7.4%
- **trophyCount**: 1
- **primeCount**: 2

## FAQ
### How many Class A submarkets are in Portland (OR)?
5, ranging from trophy (Pearl District) down to established and emerging clusters.

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Citation: Source: Class A Atlas (https://classa.info/cities/portland-or/neighborhoods-overview), updated 2026-04-15T00:00:00.000Z.