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Home values, rents and more in the Portland metro area

September 2026 figures from Zillow and the U.S. Census Bureau · updated 2026-11-07

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Typical home value
$539,000
Oregon: $493,000 · U.S.: $366,000
Home values, past year
−0.2%
Oregon: 0.0% · U.S.: +1.2%
Typical rent
$1,803/mo
Oregon: $1,780 · U.S.: $1,932
Rents, past year
+1.2%
Oregon: +2.1% · U.S.: +2.9%
Population
2,542,282
Census estimate, July 2025
Median household income
$97,436
Oregon: $83,011 · U.S.: $80,734
Counties around the Portland metro, shaded by typical home valueLewisWascoClackamasLinnSkamaniaJeffersonCowlitzMarionTillamookPacificLincolnClatsopPolkWashington
  • Under $410k
  • $410k–$460k
  • $460k–$500k
  • $500k–$550k
  • $550k+
  • No data
Counties around the Portland metro, shaded by typical home value (Zillow, counties). The metro area is outlined.

How the Portland metro compares

The typical home in the Portland metro area is worth about $539,000, according to the Zillow Home Value Index for September 2026. Home values in the Portland metro are 9% above the typical value in Oregon ($493,000) and 47% above the U.S. typical value ($366,000).

Over the past year, home values in the Portland metro fell 0.2%, compared with 0.0% in Oregon and +1.2% nationally.

Typical rent is $1,803 a month (Zillow Observed Rent Index), about the same as Oregon ($1,780) and 7% below the U.S. ($1,932). Rents rose 1.2% over the past year.

The median household income is $97,436, against $83,011 in Oregon and $80,734 in the U.S. (Census Bureau, American Community Survey 2020–24).

About 2,542,282 people live in the Portland metro (Census Bureau estimate for July 2025).

The Portland metro has the 61st-highest typical home value of the 923 metro areas in the United States and the 4th-highest of 20 in Oregon with Zillow figures.

Part of: Oregon · Washington

More for the Portland metro in ProMap Plus

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  • 5- and 10-year price changes
  • Days on market and months of supply
  • Price cuts and sale-to-list ratio
  • Price-to-income and monthly cost to buy
  • Zillow 12-month price forecast
  • School test scores
  • Flood, wildfire and natural hazard risk
  • Property-tax rate
  • Unemployment and job growth
  • Building permits
  • Mortgage delinquency
  • 2024 presidential vote
  • Age, education and household make-up
  • Amenities and transit nearby
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Nearby metro areas

Counties in the Portland metro

Cities in the Portland metro

Sources

Home values: Zillow Home Value Index (ZHVI), all homes, middle tier, smoothed and seasonally adjusted, September 2026. Rents: Zillow Observed Rent Index (ZORI), seasonally adjusted. Population: Census population estimates (July 2025) for states, metros and counties; ACS 2020–24 for cities and ZIP codes. Income: U.S. Census Bureau, ACS 2020–24 5-year estimates. Boundaries: U.S. Census Bureau cartographic boundary files. Compiled by Home Economics.

"Typical" is Zillow's middle-tier value (homes between the 35th and 65th percentiles), not a median sale price. Changes are over the 12 months to September 2026.

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