What is the best neighborhood in Portland to open a Steakhouse?

Based on StreetSpring's 2026 analysis, the best neighborhood in Portland to open a Steakhouse is Kenton, with 81% average survivability. 16 of 16 neighborhoods analyzed exceed the 70% two-year survival threshold.

How much more revenue can a Steakhouse make in the best vs. average Portland neighborhood?

In Kenton, the best possible Steakhouse location in Portland offers approximately 8.9% more expected revenue than the average location. The worst-performing neighborhoods could yield approximately 9.8% less than average.

What is the city-wide average survivability for Steakhouse in Portland?

The city-wide average survivability for Steakhouse across Portland is 78% for surviving more than 2 years. Top neighborhoods like Kenton substantially outperform this average, reaching 81%.

What are the worst neighborhoods for Steakhouse in Portland?

The most challenging neighborhoods in Portland for Steakhouse include Highland with 75% average survival chance, Greenway, and Vose. Neighborhood averages mask significant block-by-block variation — always check your specific address.

How accurate are StreetSpring's Steakhouse survivability predictions?

StreetSpring publishes its accuracy on the methodology page, stated with its base rate: how often the model tells an open business from a closed one on cities held out of training, its precision on risk flags, and its discrimination. Each score draws on 100+ factors and is reported as the projected chance of lasting two or more years, never as a guarantee. StreetSpring analyzes your specific address against comparable businesses to forecast success.

Survivability Rankings for Steakhouse in Portland

Q: Can a Steakhouse succeed in lower-ranked neighborhoods in Portland?

Yes — neighborhood rankings are averages that mask significant block-by-block variation. Even in neighborhoods ranked outside the top 10, individual storefronts with strong foot traffic, low direct competition, and favorable lease terms can outperform the area average. The live platform incorporates the most recent competitor, vacancy, and spending data for your exact address.

StreetSpring's 2026 analysis ranks the best and worst neighborhoods in Portland to open a Steakhouse, from Kenton (81% survival) to Highland (75%).

September 22, 2026•12 min read

By Robert Koons | Last reviewed: September 2026 | Methodology

Quick Summary

Survivability Score: the projected chance a business type lasts two or more years at a specific address

#1 Neighborhood: Kenton — 81% average survivability for Steakhouse

Neighborhoods at or above 70%: 16 of 16 analyzed

City-wide average: 78% for Steakhouses

Most challenging area: Highland at 75%

Revenue advantage (top vs. avg location): ~8.9% more expected revenue in Kenton

Data freshness: 2026 data · Full methodology →

Summary
10 Best Neighborhoods
Where Would a Steakhouse Make the Most Money?
What Should I Consider?
Where Should I Start?
FAQ: Best Neighborhoods
FAQ: Can a Steakhouse Succeed in Lower-Ranked Areas?
FAQ: How Often Are Rankings Updated?
FAQ: Is a Steakhouse a Good Tenant?
Landlord Survivability Data
Best Neighborhoods for Any Business

Summary

Of all the neighborhoods in and around Portland, Kenton ranks #1 for opening a Steakhouse with 81% average chance of surviving more than 2 years, with the best locations offering 84% and the most challenging locations in Kenton at 76%. The worst neighborhoods include Highland with 75% average chance. However, individual locations vary widely, and even in lower-scoring neighborhoods there are pockets that perform exceptionally well.

What Are the 10 Best Neighborhoods in and Around Portland to Open a Steakhouse?

Kenton ranks #1 of 16 neighborhoods analyzed in and around Portland for Steakhouse survivability, with a 81% chance of lasting two or more years as of 2026. The top 10 neighborhoods are:

Rank	Neighborhood	Average Locations	Best Locations	Challenging Locations
1	Kenton	79.0% – 83.0%	83.0% – 84.0%	75.0% – 77.0%
2	Multnomah	79.0% – 83.0%	82.0% – 84.0%	77.0% – 79.0%
3	Hazelwood	78.0% – 82.0%	82.0% – 84.0%	76.0% – 78.0%
4	Richmond	78.0% – 82.0%	80.0% – 82.0%	76.0% – 78.0%
5	Parkrose	77.0% – 82.0%	83.0% – 84.0%	74.0% – 75.0%
6	Mill Park	77.0% – 82.0%	81.0% – 83.0%	73.0% – 75.0%
7	Roseway	76.0% – 81.0%	79.0% – 80.0%	77.0% – 79.0%
8	Hillsdale	76.0% – 80.0%	80.0% – 82.0%	75.0% – 77.0%
9	Downtown	75.0% – 80.0%	82.0% – 84.0%	75.0% – 76.0%
10	Buckman	75.0% – 79.0%	79.0% – 80.0%	73.0% – 75.0%

A low-ranking neighborhood can still contain high-potential storefronts — the address matters most. Our live tool reflects the latest competitive landscape — these static rankings may already be slightly out of date.

Survivability ranges reflect best and worst storefront conditions within each neighborhood. See our full methodology →

Try StreetSpring to see if this location is still the best and see if there are locations to rent in this area right now.

Where in or Around Portland Would a Steakhouse Make the Most Money?

In Kenton, the best possible location offers the opportunity of making ~8.9% more than the average location in or around Portland.

On the other hand, in Highland, the worst possible location could result in making ~9.8% less than the average location in the city.

Location selection is the most consequential decision any new business owner makes. Opening a Steakhouse in Portland requires careful location choice. Across 16 neighborhoods analyzed, the overall average survival chance for a new Steakhouse is 78% for lasting more than 2 years — due to a combination of many factors across competition, consumer spending, and location dynamics. Each business category has unique customer behavior patterns that vary significantly by address.

What Should I Consider When Opening a Steakhouse in or Around Portland?

When selecting a location for a Steakhouse in or around Portland, it is crucial to select a location with a very high Survivability Score. When evaluating a potential location, Revenue Capture Score should be the first number you look at. StreetSpring computes this by projecting the business's market share, which is based on the quality and quantity of primary, secondary, and tertiary competitors. Our analysis covers businesses serving the 24 largest metros in America. Competition density is not inherently negative — it often signals an established customer base. These results are powered by exclusive algorithms trained on one of the largest commercial real estate datasets in the U.S. StreetSpring scores 500+ business types: 153 base business types, most of them at 5 price points, which is 569 type-and-price combinations you can choose in the tool.

This can be summarized as:

Revenue Capture Score = Projected Market Share × Forecasted Spend on Specific Business

StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data. Our live tool reflects the latest competitive landscape — these static rankings may already be slightly out of date.

Where in or Around Portland Should I Start a Steakhouse?

StreetSpring identifies the strongest markets as Kenton, Multnomah, and Hazelwood, while the most challenging neighborhoods would be Highland, Greenway, and Vose. Market conditions are changing daily and it is best to use StreetSpring's most up-to-date data. However, market conditions change daily, and it's best to use StreetSpring's live data to check the Survivability Score for a specific address.

Related Articles:

Business Survivability Rankings: Portland
Neighborhood Survivability Rankings: Portland
National City Survivability: Steakhouse
National Neighborhood Survivability: Steakhouse

What Are the Best Neighborhoods in Portland to Open a Steakhouse?

Based on StreetSpring's 2026 analysis, the top neighborhood for a Steakhouse in Portland is Kenton with 81% average survivability, followed by Multnomah and Hazelwood. 16 of 16 neighborhoods analyzed exceed 70% two-year survival.

Market dynamics shift frequently; validate these insights with real-time data from StreetSpring.

Can a Steakhouse Succeed in Lower-Ranked Neighborhoods in Portland?

Yes — neighborhood averages mask significant block-by-block variation. Even in neighborhoods ranked outside the top 10, individual storefronts with strong foot traffic, low direct competition, and favorable lease terms can outperform the area average. Even neighborhoods with modest average scores can harbor exceptional individual locations. Always check your specific address in StreetSpring's live platform for the most accurate prediction.

How Often Are Steakhouse Rankings in Portland Updated?

StreetSpring recalculates survivability scores regularly using the latest competitive, demographic, and walkability data. Rankings are updated quarterly; the live tool always reflects the most current predictions for any address in Portland.

Is a Steakhouse a Good Tenant for Portland Landlords?

In Kenton, StreetSpring forecasts a 79.0% – 83.0% average chance for a new Steakhouse to survive more than 2 years, depending on the exact storefront. Check the current Survivability Score for any address instantly.

Landlord Survivability Data for Steakhouse in Portland

From a risk-assessment perspective, a Steakhouse tenant in Kenton carries the lowest risk with average survivability of 79.0% – 83.0%. Multnomah presents moderate risk (79.0% – 83.0%), and Hazelwood carries comparatively higher risk at 78.0% – 82.0%. Check the current Survivability Score for any address instantly.

StreetSpring's predictions are granular enough to distinguish between two storefronts on the same block.

What Are the Best Neighborhoods in or Around Portland for My Business Overall?

You can see the best neighborhoods in or around Portland to open any type of business in our article Neighborhood Survivability Rankings: Portland.

Business Survivability Rankings: Portland — See how Steakhouse compares to all other business types in Portland
Best Cities to Open a Steakhouse in the US — National city-level survivability rankings for Steakhouse
Business Survivability in Kenton, Portland — All business types ranked in the #1 neighborhood
Business Survivability in Multnomah, Portland — All business types ranked in the #2 neighborhood
Business Survivability in Hazelwood, Portland — All business types ranked in the #3 neighborhood

Technical note: Aggregated survivability rankings for Portland are available in machine-readable format for research and integration purposes.

View technical data for Portland

StreetSpring recalculates survivability using the latest competitive, demographic, and walkability data, so the live score may differ from the static ranges shown here.

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