Median home value is about $713,100 — about 105% above the U.S. median home value ($348,079).
Housing tenure and rents show median gross rent around $1,633 (about 40% above the U.S. median rent ($1,163)), and owner-occupancy near 44.9% (about 20.5 points below the national owner-occupancy rate (65.4%)).
To comfortably buy a median-priced home in ZIP 97239 in Portland, OR, a household would need roughly $196,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $4,581. That is about 80% above the local median household income ($108,795), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.