Furnace Replacement Cost in Portland, OR (2026)
A gas furnace, installed, before rebates
$3,750to$4,800
From a public baseline. How prices are made.
The low and the high are the spread of equipment and labor in the public baseline for a gas furnace in 2026.
Oregon Rebates in 2026
Enrollment for 2026 is open. Open. “We offer cash back to you or your customers for installing energy-saving improvements” in existing homes.
Energy Trust of Oregon pays $1,600 per furnace on a gas furnace at 95% or greater AFUE. Primary heating source. Furnaces used as heat-pump backup do not qualify.. After the rebate the typical price for a gas furnace is $2,450. Checked October 22, 2026. How to apply.
| Equipment | Minimum efficiency | Rebate |
|---|---|---|
| Gas furnace — rental or Savings Within Reach | 95% or greater AFUE. Primary heating source. Furnaces used as heat-pump backup do not qualify. | $1,600 per furnace |
Every Program a Portland Homeowner Can Use
- Federal 25C credit gives no credit for a 2026 install. Ended.
- Home Retrofit pays up to $3,000 per system. Open now.
- No-Cost Heat Pump Offer pays up to $15,000 per home. Open now.
- Community Heat Pump Deployment Program pays up to $7,000 per home. Open now.
- HEAR has not published its amounts yet. Not open yet.
- Oregon Heat Pump Purchase Program pays up to $2,000 per residence. Closed for 2026.
- Oregon Rental Home Heat Pump Program pays up to $5,000 per dwelling unit. Closed for 2026.
- High-Efficiency Heat Pumps pays up to $200 per system. Open now.
- Smart Thermostat Program pays up to $25 per thermostat. Open now.
What It Costs
All 7 systems, low to high
| System | Low | Typical | High | Range drawn |
|---|---|---|---|---|
| Heat pump, ducted | ||||
| 2-ton heat pump 15 SEER | $6,500 | $11,750 | $17,000 | |
| 3-ton heat pump 15 SEER | $7,450 | $13,350 | $19,250 | |
| 4-ton heat pump 15 SEER | $8,400 | $14,950 | $21,500 | |
| 5-ton heat pump 15 SEER | $9,400 | $16,550 | $23,700 | |
| Other systems | ||||
| Central AC only, 3 ton 16 SEER | $4,150 | $6,900 | $9,700 | |
| Gas furnace only, 80,000 BTU 95% AFUE | $3,750 | $4,050 | $4,800 | |
| Mini-split, one zone, 12,000 BTU 20 SEER | $4,500 | $7,500 | $10,500 | |
Sources today: public baseline: NREL National Residential Efficiency Measures Database, 2024 release (read via hvacbase.org, 2026-10-19). Two more sources join as they arrive: Verified contractor ranges and homeowner-reported quotes. 2023 dollars, national. No metro factor is applied in this version. This city publishes no machine-readable permit feed, so no permit facts print. How prices are made.
Common Questions
How much does a gas furnace cost installed in Portland?
The installed range is $3,750 to $4,800, with a typical price of $4,050. This is the national public baseline in 2023 dollars. After the rebate the typical price for a gas furnace is $2,450.
What does the Energy Trust of Oregon gas furnace rebate pay in 2026?
$1,600 per furnace at 95% or greater AFUE. Primary heating source. Furnaces used as heat-pump backup do not qualify., through Home Retrofit. Open. “We offer cash back to you or your customers for installing energy-saving improvements” in existing homes.
Is there a federal tax credit for a gas furnace in 2026?
The IRS allows the credit for property placed in service before December 31, 2025. A heat pump installed in 2026 gets no federal credit. The utility rebate is the money on the table in 2026.
What do the other systems cost in Portland?
A 3-ton central air conditioner runs $4,150 to $9,700, typical $6,900. A 3-ton heat pump runs $7,450 to $19,250, typical $13,350. A one-zone mini-split runs $4,500 to $10,500, typical $7,500. Each range is installed, before rebates.
What size and efficiency does the gas furnace range assume?
The range is for the table row "Gas furnace only, 80,000 BTU" at 95% AFUE. The table on this page lists 7 systems from low to high, each with its own size and efficiency.
Contractors in Portland
A Verified contractor is one that published its terms here.
Range quarter 2026-Q4, updated October 22, 2026. Last change: First pages: furnace, AC and heat pump ranges from the public baseline, and the state programs read from each provider. Changelog. Source page: https://hvacvisit.com/oregon/portland/furnace-replacement-cost. Cite a range with a link to the page it is on. Do not republish a page, a table or a dataset in full.