Portland, IN Real Estate

According to census data in the year 2000 there were 2,915 housing units in Portland. This represents a 2.3% growth from 2,850 in 1990.

Of those housing units, 2,870 were located in either urbanized areas or urban clusters, and 45 were located in what is classified as a rural area.

Homeownership rate in Portland is about 68.5%. Portland's vacancy rate, including seasonal lodging, is about 6.5%. Average household size is 2.29 people.

The majority of houses, apartments or condos in Portland were built after 1945.


Housing Size

Housing Units by Size
Studio Type0.20%
One Bedroom12.60%
Two Bedrooms34.20%
Three Bedrooms39.80%
Four Bedrooms11.10%
Five Bedrooms or more2.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.36
Median year structure was built1943
Median Value of occupied units$63,200
Median Price asked for vacant units$66,300

Rented Homes, Apartments and Condos

Average Household Size2.12
Median year structure was built1951
Median Monthly Rent asked for vacant units$335

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3.70%
Home Equity Loan5.90%
Simple Mortgage47.70%
Debt Free42.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.5%