Cost of Living in Portland, OR
Population: 642,715 • 2026 Data
$88,792
Median Household Income
+15% vs national
$1,596
Median Monthly Rent
+18% vs national
$557,600
Median Home Value
+64% vs national
5.5%
Unemployment Rate
Housing in Portland
The median home value in Portland, OR is $557,600. Monthly rent for a typical unit averages $1,596, while total monthly housing costs (including utilities and insurance) average $1,771.
Rent-to-income ratio: 21.6%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Portland, OR is $88,792. The unemployment rate stands at 5.5%, with a labor force of 386,923 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.