Portland-Vancouver-Hillsboro, OR vs Jefferson County, OR
A 2-bedroom in Jefferson County costs $693 less per month than Portland-Vancouver-Hillsboro ($1,229 vs $1,922). Median income is $94,573 in Portland-Vancouver-Hillsboro and $73,051 in Jefferson County. That's a difference of $8,316 per year in housing costs.
Side-by-Side Comparison
| Metric | Portland-Vancouver-Hillsboro | Jefferson County |
|---|---|---|
| Studio FMR | $1,570 | $939 |
| 1BR FMR | $1,677 | $945 |
| 2BR FMR | $1,922 | $1,229 |
| 3BR FMR | $2,619 | $1,709 |
| 4BR FMR | $3,109 | $1,867 |
| Median Income | $94,573 | $73,051 |
| Rent Burden | 24.4% | 20.2% |
| Actual Median Rent | $1,654 | $957 |
| Median Home Value | $526,500 | $339,200 |
| Population | 2.5M | 25K |
| Renter % | 38% | 28.6% |
| Vacancy Rate | 4.8% | 17.2% |
| Poverty Rate | 9.5% | 11.7% |
| Unemployment | - | 5.7% |
| YoY Change | - | - |
| Min Wage | $14.70/hr | $14.70/hr |
Income Required to Afford a 2-Bedroom
Frequently Asked Questions
Jefferson County, OR is more affordable with a 2BR FMR of $1,229/mo, which is $693 less than Portland-Vancouver-Hillsboro at $1,922/mo. However, when considering local incomes, Portland-Vancouver-Hillsboro has a rent burden of 24.4% vs 20.2% in Jefferson County.
A 2-bedroom in Portland-Vancouver-Hillsboro, OR costs $1,922/mo at Fair Market Rent, while in Jefferson County, OR it's $1,229/mo, a difference of $693/mo or $8,316/year.
To afford a 2BR without spending more than 30% of income on rent: Portland-Vancouver-Hillsboro requires $76,880/year ($37/hr). Jefferson County requires $49,160/year ($24/hr).