You'll have a hard time finding a Portland resident that doesn't love the area known as Nob Hill. Historic homes neighbor new condos in an area populated by restaurants and shops. There are also numerous old properties and apartments that have been converted to condominiums as well. Studio condos can be easily found for less than $200,000. New condos start typically at $300,000 and up. And historic houses from the late 1800s and early 1900s sell for $600,000 and up.