Portland, OR variant. This is a Portland, OR-specific version of the Rental Yield Calculator, using pre-defined local figures (tax rates, median home and income values, and typical regional costs). For the full formula, methodology, and FAQ, open the main Rental Yield Calculator.
Portland's gross rental yield - annual rent ÷ property price - is about 4.2%, based on $1,900/month rent on a $545,000 median home.
Rental yield in Portland
Gross yield = ($1,900 × 12) ÷ $545,000 = 4.2%. Net yield subtracts property tax (1.02%), insurance, vacancy, and maintenance.
High-price metros tend to show lower yields (price outruns rent); affordable metros often yield more. Portland's sub-5% gross yield signals an appreciation-driven market.
About Portland, OR
Portland sits in Oregon, one of the few states with no statewide sales tax, though residents do pay state income tax.
Portland's housing market is among the pricier in the Pacific Northwest, with median home values well above the national average.
Portland's cost of living runs notably above the national average, reflecting its desirability and constrained housing supply.
Worked example: Portland yield
Annual rent $22,800 ÷ price $545,000 = 4.2% gross. After 1.02% property tax and ~1% maintenance, net yield is meaningfully lower.
Quick reference
- Median home value: $545,000
- Median rent: $1,900/mo
- Median household income: $81,580
- Local sales tax: 0%
- Effective property tax rate: 1.02%
- Cost of living index: 130 (US avg = 100)
Frequently Asked Questions
What is a good rental yield?
Many investors target 6-8% gross; Portland runs about 4.2%.
How is rental yield calculated?
Gross yield = annual rent ÷ purchase price. Net yield also subtracts taxes, insurance, vacancy, and upkeep.