Baltimore - MD vs Portland - OR: 2026 Housing Comparison

What this means for buyers

Portland - OR is roughly 36% more expensive than Baltimore - MD in typical home value. Homes sit on market longer in Portland - OR (23 days vs 16), suggesting more buyer leverage there.

Baltimore vs Portland: what the numbers say

At today's 7.40% average 30-year rate with 20% down, the typical home would cost about $2,199 a month in principal and interest in Baltimore and $2,988 in Portland, a gap of $789 a month.

Typical rent runs $1,937 in Baltimore and $1,803 in Portland, so the mortgage payment alone is 1.1 times rent in Baltimore and 1.7 times rent in Portland, before taxes and insurance.

Home prices are 17.1 years of rent in Baltimore and 24.9 in Portland; the lower ratio in Baltimore means buying there is cheaper relative to renting.

Over the last 23 months typical values moved +2.2% in Baltimore and -1.4% in Portland; over just the last three months the change was -0.1% in Baltimore and +0.3% in Portland.

Homes sell for 100.1% of list price in Baltimore and 99.7% in Portland, after 16 and 23 days on the market, with price cuts on 30% and 32% of listings. All three signs point the same way: buyers have more room to negotiate in Portland.

The number of homes for sale is up 11% on a year ago in Baltimore and up 3% on a year ago in Portland.

Payments assume a 30-year fixed loan at the Freddie Mac weekly average rate (2026-10-15), 20% down, principal and interest only. Home values, rents and market figures are Zillow Research metro data.