HomePricePeek

Indianapolis vs Portland

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Indianapolis vs Portland

Indianapolis is 52% more affordable for homebuyers. Indianapolis has a price-to-income ratio of 3.5x compared to 7.0x in Portland.

MetricIndianapolisPortland
Avg Home Price$230,000$480,000
Price / sqm$2,200$4,800
Rent (1BR)$1,000/mo$1,600/mo
Rent (3BR)$1,500/mo$2,500/mo
Price-to-Income3.5x7.0x
Mortgage Rate6.8%6.8%
1yr Change+4.5%-1.2%
Median Income$66,000/yr$69,000/yr
Population880,000650,000
IndianapolisView full details โ†’PortlandView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Indianapolis or Portland more expensive?
Indianapolis is more affordable. Home prices differ by $250,000 (52%).
Which city has cheaper rent, Indianapolis or Portland?
Rent for a 1BR in Indianapolis is $1,000/mo vs $1,600/mo in Portland.

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