Portland, ME Real Estate
According to census data in the year 2000 there were 31,864 housing units in Portland.
This represents a 1.8% growth from 31,293 in 1990.
Of those housing units, 30,628 were located in either urbanized areas or urban clusters, and 1,236 were located in what is classified as a rural area.
Homeownership rate in Portland is about 42.4%.
Portland's vacancy rate, including seasonal lodging, is about 6.7%.
Average household size is 2.08 people.
The majority of houses, apartments or condos in Portland were built after 1942.
|Housing Units by Size|
|Five Bedrooms or more||3.20%|
Owned Homes, Apartments and Condos
|Average Household Size||2.43|
|Median year structure was built||1947|
|Median Value of occupied units||$121,200|
|Median Price asked for vacant units||$105,200|
Rented Homes, Apartments and Condos
|Average Household Size||1.82|
|Median year structure was built||1939|
|Median Monthly Rent asked for vacant units||$635|
Owners Finance Status
|Second Mortgage & Equity Loan||0.20%|
|Home Equity Loan||10.60%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||19.8%|