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Portland, OR Real Estate

Portland anchors one of Oregon's largest metro areas with a population of about 642,715. The median home value is near $557,600, and median rent runs around $1,596/mo.

Market + demographic figures: U.S. Census ACS (2023 5-year). Geocoding: OpenStreetMap.

Median Home Value
$557,600
Median Rent
$1,596/mo
Population
642,715
Median Income
$88,792
Median Age
38.6
Homeownership
52.8%

Monthly payment on a median Portland home

Example for a $557,600 home: 20% down, 30-yr at ~6.75%, OR property tax ~0.86%, 0.4% insurance.

Est. monthly (PITI)
$3,479
Principal & interest
$2,893
Property tax / mo
$400
Down payment (20%)
$111,520

Portland at a glance

  • 32.1% of residents 25+ hold a bachelor's degree or higher.
  • 52.8% of occupied homes are owner-occupied.
  • Median household income is $88,792.
  • Always verify the assigned school district, flood zone, and HOA for a specific address before signing.

Other Oregon cities

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