Portland, TN Real Estate

According to census data in the year 2000 there were 3,511 housing units in Portland. This represents a 67.1% growth from 2,101 in 1990.

Of those housing units, 3,191 were located in either urbanized areas or urban clusters, and 320 were located in what is classified as a rural area.

Homeownership rate in Portland is about 68%. Portland's vacancy rate, including seasonal lodging, is about 8.4%. Average household size is 2.68 people.

The majority of houses, apartments or condos in Portland were built after 1980.


Housing Size

Housing Units by Size
Studio Type1%
One Bedroom9.10%
Two Bedrooms25%
Three Bedrooms54.90%
Four Bedrooms9.10%
Five Bedrooms or more0.90%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.78
Median year structure was built1979
Median Value of occupied units$85,000
Median Price asked for vacant units$107,500

Rented Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1982
Median Monthly Rent asked for vacant units$503

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage8.10%
Home Equity Loan2.40%
Simple Mortgage62.10%
Debt Free27%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.2%