Is Portland, OR a good place to invest in rental property?

Portland, OR has a median modeled monthly cash flow of $-1,639 and a median cap rate of 2.3%, on a median sold price of $518,000. Prices changed -0.3% year over year.

What is the average cap rate in Portland, OR?

The median cap rate across recently sold homes in Portland, OR is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Portland, OR?

The median sold price in Portland, OR is $518,000 (about $316 per square foot).

Investing in Portland, OR Real Estate

A data-driven snapshot of the Portland, OR rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$518,000Median sold price

$316Median $/sqft

2.3%Median cap rate

$-1,639Modeled cash flow / mo

-0.3%Appreciation YoY

8.5Months of supply

5,594Active listings

7,877Sold (last 12 mo)

What the Portland numbers say

In Portland, OR, the median home sold for $518,000 (about $316 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-1,639 of monthly cash flow. Sold prices moved -0.3% over the past year. Inventory sits at about 8.5 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 22 fix-and-flip deals in Portland — listings where the estimated after-repair value beats list price + rehab.

Other Oregon markets to compare

See Portland cash-flowing listings

CashFlowRE ranks every for-sale home in Portland, OR by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Portland deals, or browse the national market data.