Portland
Oregon · Ranked #88 of 102 metros
30Crisis
Median Home Price
🏠$530K
Need $152K income
Median Rent
🔑$2K
Need $66K income
Housing Shortage
📉50,000
units needed
Building Permits
🔨12,000
annual
Median Income
💰$77K
Pop: 2,492,412
Rent Burden
⚠️34.0%
of renters paying >30%
Price Change (YoY)
📈+1.5%
Homeownership
🏡60.5%
Rent Burden
vs. National Average
Key Facts vs. National Average
| Metric | Portland | National |
|---|---|---|
| Price-to-Income Ratio | 6.9x | 6.1x |
| Rent Burden | 34.0% | 31.5% |
| Homeownership Rate | 60.5% | 65.5% |
| YoY Price Change | +1.5% | +3.5% |
| YoY Rent Change | +1% | +2.8% |
| Mortgage Denial Rate | 12.0% | 13.5% |
| Eviction Rate | 3.5% | 3.6% |