HomePricePeek

Portland vs Toronto

Home Price & Cost of Living Comparison

Live DataLast updated: March 31, 2026ยทSource: OECD, Numbeo & National Statistics

๐Ÿ’ก Why it matters: Portland vs Toronto

Portland is 29% more affordable for homebuyers. Portland has a price-to-income ratio of 7.0x compared to 10.2x in Toronto.

MetricPortlandToronto
Avg Home Price$480,000$680,000
Price / sqm$4,800$8,500
Rent (1BR)$1,600/mo$2,200/mo
Rent (3BR)$2,500/mo$3,500/mo
Price-to-Income7.0x10.2x
Mortgage Rate6.8%5.2%
1yr Change-1.2%-2.1%
Median Income$69,000/yr$67,000/yr
Population650,0002,900,000
PortlandView full details โ†’TorontoView full details โ†’
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HomePricePeek Research TeamData Specialists

Our team analyzes data from OECD, Numbeo & National Statistics to deliver accurate, up-to-date information. All data is verified and cross-referenced with official sources.

โœ“ OECD, Numbeo & National Statisticsโœ“ Updated 2025

Frequently Asked Questions

Is Portland or Toronto more expensive?
Portland is more affordable. Home prices differ by $200,000 (29%).
Which city has cheaper rent, Portland or Toronto?
Rent for a 1BR in Portland is $1,600/mo vs $2,200/mo in Toronto.

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