BRRRR Investing in Portland, OR

BRRRR Score: 2.5/10Ranked #46 of 52 markets

Data-driven brrrr analysis for Portland, OR — score breakdown, key investment metrics, and how it compares to other markets.

Last updated: May 2026

Score Breakdown

BRRRR Score:2.5
Cap Rate(30%)
4.2%1.8
Affordable Entry Price(25%)
$480,0004.3
Rent-to-Price Ratio(25%)
0.36%1.0
Population Growth(20%)
+2.0%3.0

Key Metrics for BRRRR

Median Price

$480,000

Higher entry

Cap Rate

4.2%

Moderate

Rent-to-Price

0.36%

Post-refi cash flow indicator

Pop. Growth

+2.0%

5-year trend

BRRRR Investment Thesis

Portland rent control and tenant protections make it one of the most landlord-unfriendly markets in the US. Strong tenant quality but regulatory risk is significant for small investors.

How Portland Compares

RankCityBRRRR ScoreCap RateMedian Price
#43Salt Lake City, UT3.45.4%$420,000
#44Sacramento, CA3.24.7%$450,000
#45Denver, CO2.84.4%$525,000
#46Portland, OR2.54.2%$480,000
#47Seattle, WA1.73.8%$720,000
#48San Diego, CA1.23.5%$820,000
#49Los Angeles, CA0.63.2%$900,000

Showing markets ranked near Portland for this strategy.

Quick Math: Estimated Annual Return

Annual Gross Rent ($1,750/mo)$21,000
Less: Vacancy (5.5%)-$1,155
Less: Property Tax (1.07%)-$5,136
Less: Insurance (~0.5%)-$2,400
Less: Maintenance (~1.5%)-$7,200
Estimated NOI$5,109
Implied Cap Rate1.1%

Based on median market data. Your actual returns will vary based on specific property, financing, and management costs. Always run your own analysis before investing.

Frequently Asked Questions

What is the brrrr score for Portland, OR?

Portland, OR scores 2.5 out of 10 on our brrrr score, ranking #46 out of 52 markets we track. Weighted composite: cap rate (30%), affordable entry price (25%), rent-to-price ratio (25%), population growth (20%). Scale 0–10.

Is Portland a good city for brrrr investing?

Portland, OR ranks #46 for brrrr investing with a score of 2.5/10. While not a top-ranked market for this strategy, it may have strengths in other investing approaches.

What is the average cap rate in Portland?

The average cap rate in Portland, OR is 4.2%. The median home price is $480,000 with a median monthly rent of $1,750, resulting in a rent-to-price ratio of 0.36%.

What are the property taxes in Portland?

The effective property tax rate in Portland, OR is 1.07%. On a $480,000 property, that translates to approximately $5,136 per year in property taxes.

How does Portland compare to other brrrr markets?

Among our 52 tracked markets, Portland, OR ranks #46 for brrrr investing. Other markets may be stronger for this particular strategy, though it may excel in different approaches.

What is the typical entry price for BRRRR deals in Portland?

The median home price in Portland, OR is $480,000. Distressed BRRRR-eligible properties typically sell for 60-70% of median value, putting estimated acquisition costs around $312,000. After rehab, the goal is to refinance at or near the full $480,000 after-repair value.

Run Your Own Numbers for Portland

Use our free calculators pre-filled with Portland, OR market data, or adjust the numbers for your specific deal.

Find Financing

Compare lenders for your Portland investment

Get Smarter Deal Analysis

Weekly insights on cap rates, cash flow, and strategies used by experienced investors. Free, no spam.