Which Oregon City Ranks Best for First Time Home Buyers?

Wednesday, August 27, 2014

GoLocalPDX Business Team

Where does Portland rank in the US for housing affordability for first time home buyers? How about Salem? Or, Hillsboro?

A new study ranks 300 cities across the US.

The Oregon Cities ranked by WalletHub com in as follows:

Top to Bottom

Hillsboro 84

Beaverton 151

Portland 209

Salem 237

Gresham 260

Eugene 264

The best ranked in America - Broken Arrow, Oklahoma and the worst at #300 is Richmond, CA.

How did they get the data?

WalletHub compared the 300 largest U.S. cities to determine the ones that are most and least attractive to first-time home buyers. We did so using 17 key metrics, ranging from median house prices and real estate taxes to median home price appreciation and price-to-rent ratios. For those planning to relocate or purchase a new home in the near future, the findings of this study will help them navigate the real estate landscape.

Track all the cities on the below map.