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 Units by Size|
|Five Bedrooms or more||2.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.36|
|Median year structure was built||1943|
|Median Value of occupied units||$63,200|
|Median Price asked for vacant units||$66,300|
Rented Homes, Apartments and Condos
|Average Household Size||2.12|
|Median year structure was built||1951|
|Median Monthly Rent asked for vacant units||$335|
Owners Finance Status
|Second Mortgage & Equity Loan||0%|
|Home Equity Loan||5.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||15.5%|