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Seattle vs Portland, OR: rent and cost of living

Pick two places to compare official price levels, Fair Market Rents, median rents and incomes, and each place’s rent cap. Add your income to see what it’s equivalent to in the other place, adjusted for price levels.

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MeasureSeattlePortland, OR
Rent cap now9.683%9.5%
Prices, all items BEA RPP, US = 100111.1105.4
Housing prices BEA RPP151.3125.1
Fair Market Rent, 2 bedrooms HUD FY2027$2,549$1,878
Median gross rent ACS 2020–2024$2,030/mo$1,655/mo
Median household income ACS$123,860$90,919
Median rent as % of income ACS, renters27.4%31.4%
Areas usedPrices: Seattle-Tacoma-Bellevue, WA metro area
FMR: Seattle-Bellevue, WA HUD Metro FMR Area
ACS: Seattle city, Washington
Prices: Portland-Vancouver-Hillsboro, OR-WA metro area
FMR: Portland-Vancouver-Hillsboro, OR-WA MSA
ACS: Portland city, Oregon

Can I afford rent there? → Seattle page → Portland, OR page →

The equivalent income multiplies your income by the ratio of the two areas’ all-items price levels (BEA Regional Price Parities). It is a price-level adjustment, not a prediction or a guarantee: it ignores taxes, wages, the rent you’d actually find and your own spending.

The short version

Seattle and Portland, OR in official figures

BEA puts the all-items price level for the Seattle-Tacoma-Bellevue, WA metro area at 111.1 and for the Portland-Vancouver-Hillsboro, OR-WA metro area at 105.4 (US = 100). By that measure, an income of $100,000 in Seattle has about the same purchasing power as $94,860 in Portland, OR, before taxes and with every other difference ignored.

HUD’s FY2027 two-bedroom Fair Market Rent is $2,549 in Seattle and $1,878 in Portland, OR. Rent caps: Seattle — 9.683%; Portland, OR — 9.5%. See the Seattle and Portland, OR pages for who is covered.

How it works

Where the numbers come from

Price levels are BEA Regional Price Parities, an index of how expensive an area is compared with the US average (all items = 100). We use the metro area a city or county is in (OMB’s July 2023 metro definitions), or the state on statewide pages. The equivalent income is your income × (price level there ÷ price level here).

Fair Market Rents are HUD’s published rents for each metro area or county, by unit size. Median rent, median income and rent as a share of income are Census Bureau American Community Survey 5-year estimates for the city itself (or the county or state on those pages). Every figure names the area it describes.

  1. BEA Regional Price Parities by metropolitan area (MARPP) ↗ · 2024 (released February 19, 2026) · about the data ↗ · retrieved Oct 18, 2026
  2. BEA Regional Price Parities by state (SARPP) ↗ · 2024 (released February 19, 2026) · about the data ↗ · retrieved Oct 18, 2026
  3. OMB metropolitan area delineations (Census list 1, July 2023) ↗ · July 2023 (OMB Bulletin 23-01) · retrieved Oct 18, 2026
  4. HUD Fair Market Rents, FY2027 (county-level data file) ↗ · FY2027 · about the data ↗ · retrieved Oct 18, 2026
  5. U.S. Census Bureau, American Community Survey 5-year estimates (tables B25064, B19013, B25071) ↗ · 2020–2024 · about the data ↗ · retrieved Oct 18, 2026

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