Portland - OR vs Cincinnati - OH: 2026 Housing Comparison

What this means for buyers

Portland - OR is roughly 76% more expensive than Cincinnati - OH in typical home value. Homes sit on market longer in Portland - OR (23 days vs 11), suggesting more buyer leverage there.

Portland vs Cincinnati: what the numbers say

At today's 7.32% average 30-year rate with 20% down, the typical home would cost about $2,964 a month in principal and interest in Portland and $1,681 in Cincinnati, a gap of $1,283 a month.

Typical rent runs $1,803 in Portland and $1,522 in Cincinnati, so the mortgage payment alone is 1.6 times rent in Portland and 1.1 times rent in Cincinnati, before taxes and insurance.

Home prices are 24.9 years of rent in Portland and 16.8 in Cincinnati; the lower ratio in Cincinnati means buying there is cheaper relative to renting.

Over the last 23 months typical values moved -1.4% in Portland and +5.0% in Cincinnati; over just the last three months the change was +0.3% in Portland and +0.3% in Cincinnati.

Homes sell for 99.7% of list price in Portland and 99.1% in Cincinnati, after 23 and 11 days on the market, with price cuts on 32% and 33% of listings. The signs are mixed: Portland has longer time on the market, while Cincinnati has more price cuts and sales further below list.

The number of homes for sale is up 3% on a year ago in Portland and up 8% on a year ago in Cincinnati.

Payments assume a 30-year fixed loan at the Freddie Mac weekly average rate (2026-10-22), 20% down, principal and interest only. Home values, rents and market figures are Zillow Research metro data.