Portland, MI Real Estate

According to census data in the year 2000 there were 1,557 housing units in Portland. This represents a 5.3% growth from 1,479 in 1990.

Of those housing units, 1,544 were located in either urbanized areas or urban clusters, and 13 were located in what is classified as a rural area.

Homeownership rate in Portland is about 74.5%. Portland's vacancy rate, including seasonal lodging, is about 3%. Average household size is 2.44 people.

The majority of houses, apartments or condos in Portland were built after 1953.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom6.20%
Two Bedrooms24.10%
Three Bedrooms47.70%
Four Bedrooms17.30%
Five Bedrooms or more3.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.62
Median year structure was built1952
Median Value of occupied units$104,300
Median Price asked for vacant units$75,000

Rented Homes, Apartments and Condos

Average Household Size1.92
Median year structure was built1963
Median Monthly Rent asked for vacant units$400

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage3%
Home Equity Loan12.10%
Simple Mortgage49.50%
Debt Free35.30%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs16%