Portland is a major metropolitan area in OR with a population of 632,187 residents. With a median home price of $419,734 (20% above the national median) and median household income of $68,233, Portland is considered somewhat expensive with a price-to-income ratio of 6.2x.
The real estate market in Portland features a median home price of $419,734, which is 20% higher than the U.S. national median of $350,000. Monthly rent averages $1,749, 17% above the national average. Over the past decade, rent has increased by 35%.
Portland has a diverse population that represents a wide range of backgrounds, ages, and household types contributing to the city's vibrant community.
Portland offers a median household income of $68,233, which is 3% lower than the national median of $70,000. Residents spend approximately 31% of their income on rent annually, which may pose affordability challenges for some households.
Understanding the climate of Portland is important for those considering relocating. Weather patterns affect daily life, activities, and overall comfort.
See how Portland compares to other popular destinations. Compare cost of living, housing prices, and quality of life.
The median home price in Portland is $419,734, with average monthly rent of $1,749. The median household income is $68,233, giving the city a price-to-income ratio of 6.2x.
Portland is considered expensive with a price-to-income ratio of 6.2x, above the national average of 5x.
Portland has a population of 632,187 residents, making it the #25 largest city in the United States.
Portland has a violent crime rate of 341 per 100,000 residents, which is below the national average. The property crime rate is 2691 per 100,000 residents.
Estates is a comprehensive cost of living comparison platform that helps you compare cities across the United States. We provide data on housing prices, rent, income, crime rates, demographics, and climate to help you make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
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