Quick Answer

Basement Finishing Cost in Portland (2026)

Average cost in Portland

$88,553avg

$15,810 – $335,000

$25 – $400 per sq ft

In Portland, the average is $88,553 and most projects cost between $15,810 and $335,000, or about $25 – $400 per sq ft. Prices are before tax and based on 9 sources.

+5.6% YoY
9 sources
Updated 1 months ago
Oregon

Cost Breakdown

Itemized
Labor

Skilled trades and general labor

$7,905 – $167,500

50%

Materials

Drywall, flooring, and fixtures

$6,324 – $134,000

40%

Permits & Fees

City of Portland structural and trade permits

$1,200 – $6,700

2%

Design & Architectural

Plans and engineering for older homes

$1,581 – $26,800

8%

🧾None (0%) — Oregon
Base cost + $0 tax$88,553

None at 0%

📋What's Included

Scope

Typically Includes

  • Framing & drywall
  • Basic flooring (LVP or carpet)
  • Electrical (outlets & lighting)
  • Egress window (if required)
  • Painting
  • Basic bathroom rough-in

Typically Excludes

  • Full basement bathroom
  • Built-in bar or kitchen
  • Home theater wiring
  • Waterproofing (separate cost)
  • Permits & inspections

Assumes an unfinished basement with existing concrete floor and basic utilities.

🧮Estimate your project

Live
sq ft
Finish Level
Include Bathroom?
Include Wet Bar?

Your estimate in Portland

$88,553

Likely range $39,849 – $194,817

  • Labor50%$44,277
  • Materials40%$35,421
  • Permits & Fees2%$1,771
  • Design & Architectural8%$7,084

Basic (rec room)

$61,602

Standard (bedroom + bath)

$88,553

Premium (full suite)

$126,284

Get quotes for this project →

Calibrated to 9 researched sources for Portland. Before tax. Real quotes vary with site conditions.

📈Price Momentum

Year-over-year

~1 year ago

$83,857

Today

$88,553

Basement Finishing in Portland is ↑ 5.6% compared to roughly a year ago — about $4,696 more on the average project.

Comparison derived from the year-over-year change rate, not a month-by-month price index. We don't store historical snapshots yet — when we do, this will become a real time series.

🏢Top Basement Finish Contractors in Portland

Verified providers
🔨

Bee Remodeling

511 SW 10th Ave #1008b, Portland, OR 97205, USA

5.0
★★★★★

71 reviews

🔨

Elite Team Builders Inc

555 SE Martin Luther King Jr Blvd Suite 105, Portland, OR 97214, USA

5.0
★★★★★

46 reviews

🔨

Catalyst Construction & Kitchen Remodeling

825 NE 20th Ave A, Portland, OR 97232, USA

4.9
★★★★½

60 reviews

🔨

Unbreakable Remodeling PDX

Beaverton, OR 97005, USA

4.9
★★★★½

56 reviews

🔨

Lamont Bros. Design & Construction

18675 Willamette Dr, West Linn, OR 97068, USA

4.7
★★★★½

100 reviews

Provider data sourced from public business directories. Ratings and reviews are public and may change. LookupCost is not affiliated with listed providers.

💬What People Actually Paid

Community

❓Common Questions

Yes, Portland Permitting & Development requires a building permit for any conversion of a basement to habitable space. Permit fees typically range from $1,200 to $2,000, but can be higher for complex projects involving structural changes.

The Portland building code requires a minimum ceiling height of 7 feet for habitable spaces. Many older Portland homes have lower ceilings, which may require 'digging out' or bench underpinning, significantly increasing costs.

A code-compliant egress window typically costs between $3,000 and $6,000 in Portland. This includes the window, excavation for the window well, and professional installation to meet Oregon Residential Specialty Code Section R310.

Costs in Portland are driven by a high demand for skilled labor, strict local building codes (especially for seismic and moisture management), and the prevalence of older homes that require structural reinforcement or radon mitigation ($800–$1,500).

📊Our Methodology

How we collect data
1

Aggregated from 5+ verified web sources and cost databases

2

Licensed contractor estimates and regional cost guides

3

Government construction and labor statistics

4

Community-reported project costs and reviews

Last data collection: 1 months ago. Updates run weekly. All costs in USD.

About this data

Cost figures are estimates synthesized from public market data using AI research and refreshed regularly. Real project costs vary by scope, materials, contractor, and site conditions. Always get verified quotes from licensed contractors for your specific project.

Spotted bad data? Let us know — we'll review and update.