Home / Select Cities  /  2024 Comparing Minneapolis, MN vs. Portland, OR

2024 Compare Cities Housing:
Minneapolis, MN vs Portland, OR

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Highlights
- The median age of a home in Minneapolis is 20.8% older than the median age of a home in Portland.

Housing
 Minneapolis, MNPortland, ORUnited States
 Median Home Age725742
 Median Home Cost$294,200$537,200$338,100
 Home Appr. Last 12 months7.1%7.7%16.6%
 Home Appr. Last 5 yrs.40.7%37.3%57.0%
 Home Appr. Last 10 yrs.89.0%123.2%101.1%
 Property Tax Rate$12.8$10.1$11.0
 Homes Owned45.1%50.4%57.4%
 Housing Vacant6.2%5.6%11.2%
 Homes Rented48.7%44.0%31.4%
 space
 Avg Rent For Home Or Apartment
 Minneapolis, MNPortland, ORUnited States
 Average Rent$1,920$2,670$1,840
 Studio Apartment$1,030$1,580$1,080
 1 Bedroom Home or Apartment$1,170$1,690$1,180
 2 Bedroom Home or Apartment$1,440$1,930$1,430
 3 Bedroom Home or Apartment$1,950$2,700$1,860
 4 Bedroom Home or Apartment$2,250$3,150$2,160
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 Vacant Housing
 Minneapolis, MNPortland, ORUnited States
 Vacant For Rent2.4%2.0%1.9%
 Vacant Rented0.7%0.3%0.4%
 Vacant For Sale0.4%0.5%0.7%
 Vacant Sold0.3%0.3%0.4%
 Vacant Vacation0.5%0.8%3.6%
 Vacant Other1.8%1.7%4.1%
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 Owner-Occupied Housing Value
 Minneapolis, MNPortland, ORUnited States
 Less Than $20,0001.1%0.9%2.6%
 $20,000 to $39,9990.4%0.5%2.4%
 $40,000 to $59,9990.4%0.5%2.8%
 $60,000 to $79,9990.8%0.5%3.9%
 $80,000 to $99,9991.4%0.2%4.5%
 $100,000 to $149,9996.9%0.6%11.3%
 $150,000 to $199,99912.6%2.2%13.0%
 $200,000 to $299,99931.1%9.9%20.1%
 $300,000 to $399,99920.3%21.8%13.6%
 $400,000 to $499,9999.7%20.5%8.3%
 $500,000 to $749,9999.3%28.9%9.7%
 $750,000 to $999,9993.3%9.5%3.9%
 $1,000,000 to $1,499,9991.9%2.8%2.2%
 $1,500,000 to $1,999,9990.2%0.7%0.8%
 $2,000,000 and over0.4%0.5%1.1%
 space3
 Housing Units By Year Built
 Minneapolis, MNPortland, ORUnited States
 2015 and Newer0.0%0.2%0.2%
 2010 to 20146.3%9.9%13.6%
 2000 to 20096.3%9.9%13.6%
 1990 to 19994.0%7.9%13.6%
 1980 to 19896.8%6.8%13.2%
 1970 to 19798.2%10.8%14.8%
 1960 to 19694.0%7.9%13.6%
 1950 to 19599.0%11.4%10.0%
 1940 to 19496.9%7.8%4.7%
 1939 or Earlier43.9%27.7%12.2%

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Reviews for Minneapolis    163 Reviews

Lived here since 2007. Great city. I would’ve gave it 5 stars but the winter weather ??. Great for many, I’m burned out on it. We’re the coldest major city in the US and  More

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It’s not Minnesota nice, it’s sardonic.. we know you’re full of **** but we will play along for a while, make you uncomfortable for attempting to pull one over on us..  More

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Over 3 years ago

I lived in Minneapolis (or St. Paul or Stillwater) for 20 years. Minneapolis is a very livable city. It has quality museums, good transportation, excellent healthcare,  More

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Reviews for Portland    386 Reviews

I lived in Portland for 19 years (I've also lived in Boise, ID, the Bay Area, Austin, TX and now Nampa, ID). It drives me nuts when people try to give a large city a  More

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One of the best cities in America. Food scene is the best in the world. Weather is preferable over places where you have the same weather year round. I enjoy the  More

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I moved from Houston to Portland about a year ago. I remember reading the reviews on here and it making me second guess moving before I did, so I wanted to come back and  More

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ZIPS IN MINNEAPOLIS, MINNESOTA
55407, 55406, 55414, 55408, 55411, 55418, 55404, 55419, 55417, 55412, 21 total
ZIPS IN PORTLAND, OREGON
97206, 97202, 97233, 97219, 97236, 97230, 97211, 97266, 97217, 97203, 28 total

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