NAICS 53

Real Estate and Rental and Leasing in Portland-Vancouver-Hillsboro, OR

Metro Market Score 69.3 (Difficult), ranked #316 of 330 metros. 4,209 establishments, 20,246 jobs.

Metro Market Score 69.3

Favorable 0-35

Moderate 35-48

Challenging 48-60

Difficult 60+

Difficult

ⓘ Lower is better. Relative to national real estate and rental and leasing average.

💰High-Cost Market

Portland-Vancouver-Hillsboro's real estate and rental and leasing sector saw employment decline over the past year (growth trend: 19.7). That contraction, combined with a 69.3 market score, puts this metro in the bottom 10% for market conditions. Understand why the local market is shrinking before committing.

Industry Concentration

83.6

LQ: 1.07

Rank #276 of 330 metros

Wage Competitiveness

84.8

$69,134 avg wage

Growth Trend

↓ 19.7

Employment growth index

Rank #266 of 330 metros

Wage Pressure

15.6

YoY wage change index

4,209 Real Estate and Rental and Leasing Firms in Portland-Vancouver-Hillsboro

4,209

Establishments

-2.8% YoY

20,246

Total Employment

-3.5% YoY

$69,134

Average Annual Wage

+2.5% YoY

1.07

Location Quotient

Above national avg

Within Oregon

#7 of 8

real estate and rental and leasing metros in state

Oregon state rank

#35 of 51

for real estate and rental and leasing entry risk

vs State Median

+20.7

worse than median (48.6)

Portland-Vancouver-Hillsboro vs Oregon Statewide

How this metro's real estate and rental and leasing market compares to Oregon overall. The state ranks #35/51 for entry risk.

Measure	Portland-Vancouver-Hillsboro	OR Statewide
Overall Score	69.3 Difficult	44.8 Elevated
Score Type	Metro Market Score	Entry Risk Score
Rank	#316 of 330 metros	#35 of 51 states

Metro and state scores use different methodologies (metro has 4 QCEW-based metrics; state adds BDS survival and momentum data). Direct score comparisons are approximate.

Other Industries in Portland-Vancouver-Hillsboro

Retail Trade 63.6 Accommodation and Food Services 63.9 Construction 67.3 Finance and Insurance 69.7 Information 70.7 Other Services 73.3 Professional, Scientific, and Technical Services 76.3

Real Estate and Rental and Leasing in Other Oregon Metros

Albany 17.1 #12/330 Bend 37.8 #114/330 Corvallis 40.1 #138/330 Salem 46.5 #189/330 Medford 48.6 #208/330 Eugene-Springfield 52.2 #233/330 Grants Pass 75.8 #327/330

Real Estate and Rental and Leasing Metros With Similar Conditions

Metros within 5 points of Portland-Vancouver-Hillsboro's 69.3 score. Useful when comparing markets with comparable entry profiles.

Santa Rosa-Petaluma, CA 69.5 #317/330 Urban Honolulu, HI 69.1 #314/330 Chicago-Naperville-Elgin, IL 69.1 #315/330 Kahului-Wailuku, HI 69.7 #318/330 Cape Coral-Fort Myers, FL 68.8 #313/330 Naples-Marco Island, FL 70.1 #319/330 Austin-Round Rock-San Marcos, TX 70.2 #320/330 Denver-Aurora-Centennial, CO 68.3 #312/330 Rochester, NY 68.3 #311/330 San Francisco-Oakland-Fremont, CA 70.4 #321/330

Real Estate and Rental and Leasing in States Bordering Oregon

State-level entry risk for real estate and rental and leasing in adjacent states. Use this to weigh cross-border options.

Idaho 43.4 #32/51 California 47.1 #39/51 Washington 48.0 #40/51 Nevada 61.9 #51/51

Browse Real Estate and Rental and Leasing in Other States

State-level entry risk reports for real estate and rental and leasing across all 51 markets, sorted by rank.

About Metro Market Score: A weighted composite of industry concentration (25%), wage competitiveness (25%), wage pressure (20%), and employment growth trend (30%). Lower scores indicate more favorable conditions. For Portland-Vancouver-Hillsboro's real estate and rental and leasing sector, the employment growth component (80.3) has the strongest pull on the composite. Metro scores use QCEW data only (no BDS survival data at metro level). Read full methodology →

Data Sources

Quarterly Census of Employment and Wages (QCEW), Bureau of Labor Statistics. MSA-level establishment counts, employment, wages, and location quotients for the Portland-Vancouver-Hillsboro, OR-WA MSA area.

Data period: 2024. Last updated: April 2026.

Metro Market Assessment