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Portland, TX Real Estate


According to census data in the year 2000 there were 5,394 housing units in Portland. This represents a 18.1% growth from 4,566 in 1990.

Of those housing units, 5,324 were located in either urbanized areas or urban clusters, and 70 were located in what is classified as a rural area.

Homeownership rate in Portland is about 63.2%. Portland's vacancy rate, including seasonal lodging, is about 6.3%. Average household size is 2.95 people.

The majority of houses, apartments or condos in Portland were built after 1976.

Statistics

Housing Size

Housing Units by Size
Studio Type2.10%
One Bedroom9%
Two Bedrooms14.70%
Three Bedrooms51.20%
Four Bedrooms22%
Five Bedrooms or more1%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size2.98
Median year structure was built1974
Median Value of occupied units$89,800
Median Price asked for vacant units$93,600

Rented Homes, Apartments and Condos

Average Household Size2.89
Median year structure was built1978
Median Monthly Rent asked for vacant units$563

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage2.40%
Home Equity Loan2.70%
Simple Mortgage65.80%
Debt Free29%
As % of Housing Units
       
Median part of Monthly Household Income dedicated to covering home ownership costs17.9%