Carla is right though, you really should be pre-approved by a lender to make sure that price range is attainable.
Welcome to Portland we are unique and diverse to say the least... we hope you like here!
Once you have your financial ducks in a row, then and only then, should you be going out to look at homes. You will know how much home you can afford and then you can lookin at properties within your price points.
Hope that helps,
Carla Muss-Jacobs, Principal Broker/Owner
EBA Portland, LLC
Exclusive Buyers Agent
And, as Iâ€™ve seen said with my other colleagues, the price range would find good deals not only in the city of Portland but also in the neighboring suburbs but this is something up to you to consider based on your life style, work place and other things youâ€™d like to have.
I hope this will help. Feel free to contact me in case I can help more. All the best.
Here's a suggestion, if you go to my website address below, the first page is a search by map. On the left hand column, you can enter criteria and I would put $170000 as the top price. Then you can move around the map by zooming, and click on different areas (be sure to click right on the area name with your mouse) and all the current RMLS listings under $170k will appear with a little home icon. Click on the home and it will bring up information on that home. You can also filter by other criteria, like type of home (condo, townhouse, home) or number of bedrooms, etc.
Its a great way to learn about the market by area and you can do it anonymously if you choose. Once you have an address, you can research what else you might be interested in, such as crime. If you have an address and its in Portland, you can find all kinds of demographics and crime by visiting http://www.portlandmaps.com, the City of Portland's excellent resource for property information by specific address. You can find lots of crime and demographic sites online for other areas with a little research.
Best to you!