Portage Lakes, OH Real Estate

According to census data in the year 2000 there were 4,475 housing units in Portage Lakes. This represents a 23.7% decline from 5,865 in 1990.

Of those housing units, 4,475 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Portage Lakes is about 77.8%. Portage Lakes's vacancy rate, including seasonal lodging, is about 6.5%. Average household size is 2.33 people.

The majority of houses, apartments or condos in Portage Lakes were built after 1956.


Housing Size

Housing Units by Size
Studio Type0.30%
One Bedroom7.70%
Two Bedrooms34.30%
Three Bedrooms45%
Four Bedrooms11.40%
Five Bedrooms or more1.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.37
Median year structure was built1954
Median Value of occupied units$102,800
Median Price asked for vacant units$85,700

Rented Homes, Apartments and Condos

Average Household Size2.16
Median year structure was built1967
Median Monthly Rent asked for vacant units$756

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.30%
Second Mortgage6.80%
Home Equity Loan12.90%
Simple Mortgage43.40%
Debt Free36.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.5%