Housing costs in Portland?
A typical home costs
$396,900, which is 17.4% more expensive than the national average of
$338,100 and 15.3% less expensive than the average Oregon home, at
$468,400. Renting a two-bedroom unit in Portland costs
$1,760 per month, which is 15.8% more than the national average of
$1,520 and 4.5% cheaper than the state average of
$1,840.
Can I afford Portland?
To live comfortably in Portland (zip 97266), Oregon, a minimum annual income of
$75,960 for a family, and
$61,600 for a single person is recommended.
What does A.I. say about Portland?
Living in 97266 Portland, OR, is quite affordable. The median home cost for the area is roughly $370,000, which is lower than the national median of over $200,000. Renters can find plenty of reasonably-priced apartments ranging from $1,000 to $2,000 depending on location and size. The cost of living index for 97266 Portland is about 7% higher than the national average but still relatively low compared to other parts of the country. Food costs are comparable to most areas as well, making it a great place to live for those on a budget.