Median Home PriceBETTER
$493,150.76
Median RentBETTER
$1,686.65/mo
Price-to-Rent Ratio
24.4
Property Tax Rate
0.97%
Price Change (1Y)BETTER
-1.2%
Break-Even YearsTIE
N/A
10-Year Wealth Difference
−$363,323
Median Home Price
$518,552.99
Median Rent
$2,149.07/mo
Price-to-Rent RatioBETTER
20.1
Property Tax RateBETTER
0.73%
Price Change (1Y)
-2.9%
Break-Even YearsTIE
N/A
10-Year Wealth DifferenceBETTER
−$286,216
Key Differences
Home Prices
Portland's median home price of $493,150.76 is lower than Sacramento's $518,552.99 by 5%.
Monthly Rent
Renting in Portland costs $1,686.65/mo compared to $2,149.07/mo in Sacramento—a difference of $462.42/mo.
Buy vs Rent Verdict
Both cities currently favor renting.
Break-Even Timeline
Break-even analysis varies based on market conditions in each city.