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In 2025, buying a home remains out of reach for many Americans as housing prices continue to rise. A recent report shows that in 35 out of 50 states, a 6-figure income is now required to afford a median-priced 3-bed home. In high-cost markets like Oregon, buyers need a household income of $158,000 to purchase…

Research local schools even if you don’t have kids — they influence home values. Consider internet availability and speed, especially for remote work or streaming needs.

Overall Score: 77.3 Economics: 71.7 Human Capital: 56.5 Quality of Life: 79.4 Environment: 86.4

Comfortable income needed for homeowners: ~$133K Comfortable income needed for renters: ~$94K Household median income: ~$89K Monthly mortgage cost: $3,379 Monthly rent cost: $1,763

Portland’s minimum wage has climbed to $16.3/h, supporting higher consumer spending in a city known for its vibrant dining and arts scenes. The extra income is expected to stimulate demand in both national chains and local leisure venues.

Portland may waive $63M in development fees over three years to incentivize homebuilding and reverse a housing construction slump. While the policy aims to spur up to 5K new housing units, it could significantly reduce funding for parks, transportation, and infrastructure projects.

Oregon has an avg rent of $1,748 /mo. The avg apartment size is 852 sq ft. Rent per sq ft comes to about $2.05. Oregon is known for higher-than-average rent costs. It attracts renters willing to pay a premium for location and lifestyle.

A new study has ranked U.S. states based on the difficulty first-time homebuyers face when trying to enter the housing market. Nevada ranks #8 overall (tied), making it one of the eighth hardest states for first-time buyers to afford a home. The median home value in Nevada is $435K, with a typical down payment of…