Quick Answer

Basement Finishing Cost in Portland (2026)

Average cost in Portland

US$88,553avg

US$15,810 — US$335,000

US$25 — US$400 per sq ft

+5.6% YoY
9 sources
Updated 3 weeks ago
Oregon

Cost Breakdown

Itemized
Labor

Skilled trades and general labor

US$7,905 — US$167,500

50%

Materials

Drywall, flooring, and fixtures

US$6,324 — US$134,000

40%

Permits & Fees

City of Portland structural and trade permits

US$1,200 — US$6,700

2%

Design & Architectural

Plans and engineering for older homes

US$1,581 — US$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 Cost

Interactive

Estimated Cost

US$35,130

US$28,104 — US$42,156

Based on 9 sources and market data for Portland. Actual costs may vary depending on specific project requirements.

📈Price Momentum

Year-over-year

~1 year ago

US$83,857

Today

US$88,553

Basement Finishing in Portland is 5.6% compared to roughly a year ago — about US$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
★★★★★

63 reviews

🔨

Revive Works Remodeling

5020 NE Martin Luther King Jr Blvd Suite M61, Portland, OR 97211, USA

5.0
★★★★★

43 reviews

🔨

Catalyst Construction & Kitchen Remodeling

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

4.9
★★★★½

57 reviews

🔨

Unbreakable Remodeling PDX

Beaverton, OR 97005, USA

4.9
★★★★½

55 reviews

🔨

Lamont Bros. Design & Construction

18675 Willamette Dr, West Linn, OR 97068, USA

4.7
★★★★½

97 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: 3 weeks 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.