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Portland, OR

Full City Profile · Oregon · Multnomah County County

3.4 /5.0
B Good
642,715 Population 4,815/sq mi density
$88,792 Median Income $55,312 per capita
$557,600 Home Value $524,251 Zillow
$1,596 Median Rent 30.6% income on rent
54°F Avg Temperature 235 sunny days/yr
545 Violent Crime/100K 5,203 property/100K
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.4 / 5.0
$88,792 median income, 3.9% unemployment
B
Affordability
3.1 / 5.0
$557,600 home value, $1,596/mo rent
F
Safety
1.0 / 5.0
545 violent crimes/100K (43% above avg)
A+
Education
5.0 / 5.0
53.5% bachelor's degree or higher

Housing Overview

Median Home Value
$557,600
98% above
US avg: $281,900
Median Rent
$1,596/mo
37% above
US avg: $1,163/mo
Homeownership Rate
52.8%
19% below US avg (65.4%)
Total Housing Units
301,084
Median year built: 1964

Home Value by Source

Census Median
$557,600
Zillow (ZHVI)
$524,251
Median Sale Price
$496,250
Median List Price
$517,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

52.8%
Owner-Occupied
47.2%
Renter-Occupied
53%
47%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,051/mo
1 Bedroom
$1,143/mo
2 Bedroom
$1,425/mo
3 Bedroom
$1,963/mo
4 Bedroom
$2,318/mo
Census median rent: $1,596/mo · Zillow rent: $1,710/mo

Market Indicators (Redfin)

Median Days on Market
39 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
504
Price Drops
26.1%
of listings with price reduction
Price Per Sq Ft
$307
Active Inventory
1,573
homes for sale

Affordability & Housing Stock

Rent Burden
30.6%
of renters spending 30%+ of income on housing
1% below US avg (31.0%)
Median Year Built
1964
Average age of housing stock: 62 years
Homeownership Rate
52.8%

Complete Housing Data

Home Values

Census Median Value$557,600
Zillow Home Value (ZHVI)$524,251
Median Sale Price$496,250
Median List Price$517,000
Price Per Sq Ft$307

Rent

Census Median Rent$1,596
Zillow Rent (ZORI)$1,710
FMR Studio$1,051
FMR 1-Bedroom$1,143
FMR 2-Bedroom$1,425
FMR 3-Bedroom$1,963
FMR 4-Bedroom$2,318

Market

Days on Market39
Sale-to-List Ratio1.0%
Price Drops26.1%
Homes Sold504
Active Inventory1,573
Price Per Sq Ft$307

Ownership & Stock

Owner-Occupied52.8%
Renter-Occupied47.2%
Homeownership Rate52.8%
Total Housing Units301,084
Median Year Built1964
Rent Burden30.6%