HomePricePeek

New York vs Portland

Home Price & Cost of Living Comparison

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

๐Ÿ’ก Why it matters: New York vs Portland

Portland is 36% more affordable for homebuyers. New York has a price-to-income ratio of 9.2x compared to 7.0x in Portland.

MetricNew YorkPortland
Avg Home Price$750,000$480,000
Price / sqm$12,500$4,800
Rent (1BR)$3,500/mo$1,600/mo
Rent (3BR)$5,500/mo$2,500/mo
Price-to-Income9.2x7.0x
Mortgage Rate6.8%6.8%
1yr Change+2.1%-1.2%
Median Income$82,000/yr$69,000/yr
Population8,300,000650,000
New YorkView 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 New York or Portland more expensive?
Portland is more affordable. Home prices differ by $270,000 (36%).
Which city has cheaper rent, New York or Portland?
Rent for a 1BR in New York is $3,500/mo vs $1,600/mo in Portland.

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