164 census tracts
Portland.Oregon housing market
This Portland housing market report covers about 307,300 homes across 164 census tracts. The property tax rate PriceDNA uses for rental analysis is 2.61%, higher than in 133 of the 139 markets PriceDNA tracks. For August 2026, the average listing price is $671,508 across 3,054 active listings (Realtor.com Economic Research, Monthly Housing Inventory).
- Average listing price
- $671,508 3,054 active listings · Realtor.com Economic Research, Monthly Housing Inventory · August 2026
- Approximate homes
- 307,300 across 164 assigned tracts
- Renter-occupied
- 48% of occupied homes
Portland housing market context
- Home price growth runs at 2.1% a year, slower than in 133 of the 139 markets, against the Oregon median of 3.4%.
- Population fell 0.6% a year from 2020 to 2025, slower than in 127 of the 137 markets with Census population estimates.
- Rent growth in Portland is 2.5% a year at the median, slower than in 127 of the 139 markets, against the Oregon median of 3.4%.
These are city-level figures. To see how one property measures up against your goal, run a specific address.
Location score distribution
How location scores vary across 164 census tracts in Portland.
Half of Portland's tracts score between 67 and 73. The full range spans 55 to 81, with a median of 70.2.
What the location score shows
PriceDNA Location Score™ is a 0 to 100 signal designed to summarize local strength and risk context for rental-property analysis. Higher scores generally point to stronger location fundamentals.
The middle half of Portland's tracts is 6.3 points wide on the score, wider than in 71 of the 139 markets PriceDNA tracks.
To see the location score for your specific property, analyze a property
Housing composition
Key housing statistics for approximately 307,300 homes in Portland, including occupancy, tenure, and structure type.
Of about 307,300 homes, 5.9% are vacant. Among occupied homes, 48% are renter-occupied, providing context on the size of the local rental base.
By structure type, about 58% of Portland’s housing units are in single-family structures, 8% in small multifamily buildings (2 to 4 units), and 33% in larger multifamily buildings (5+ units). Percentages are rounded; small residual structure categories are not shown.
How Portland compares
Portland's median is above the Oregon median on 4 of these 8 measures and above the U.S. median on 5. The city range shows the lower quarter, median and upper quarter of its census tracts.
| Metric | Portland lower · median · upper Portland | Oregon OR | United States US |
|---|---|---|---|
|
Census ACS B19013 · 2020 to 2024
|
$77,771 $95,375 $115,644 | $80,986 | $77,171 |
|
Census ACS B15003 · 2020 to 2024
|
54% 66% 72% | 43% | 41% |
|
Census ACS B01001 · 2020 to 2024
|
35% 41% 48% | 33% | 32% |
|
FHFA HPI · 2025
|
1.5% 2.1% 2.1% | 3.4% | 5.2% |
|
HUD SAFMR · 2018 to 2027 + Census ACS B25064 · 2014 to 2024
|
2.0% 2.5% 2.9% | 3.4% | 3.8% |
|
Census ACS B25103 · 2020 to 2024 + Lincoln Institute
|
2.61% every tract | 2.61% | 1.65% |
|
Census ACS B25141 · 2020 to 2024 + U.S. Treasury FIO
|
0.22% every tract | 0.25% | 0.56% |
|
Census ACS B25064 + B19013 · 2020 to 2024
|
29.5% 32.1% 35.2% | 31.9% | 30.8% |
About this data
PriceDNA uses the most local reliable data available for each metric. Some signals are available at the census-tract level. Others are published or more reliable at broader geographies such as county, metro, state, or national level.
Housing-unit totals are approximate. PriceDNA sums Census ACS counts for the tracts assigned to the city by centroid, so the market total can differ from a municipal boundary count when a tract crosses the city line.
The property-tax assumption combines local residential tax data with a state-level apartment benchmark to provide more conservative context for rental-property underwriting. Insurance assumptions use available residential property insurance data and should be verified for the specific property and coverage.
These pages are designed for market screening and investor education. They do not replace property-level underwriting, inspections, appraisals, insurance quotes, lender review, or professional advice.
Nearby markets
Market pages for other cities within 300 miles.
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