Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Portage area can be challenging. Home prices in Portage are now at a median cost of $161,994, lower than the Indiana average of $175,617.
The average cost of rent is $1,011/mo in Portage, primarily driven by the current value of real estate in the Portage area. While nearly 35.15% of residents own their homes outright in Portage, 24.52% rent.
Housing affordability isn’t just about home prices, though. The average household income in Portage is $5,690 per month. Households that rent pay about 17.78% of their income on rent here. Portage's most expensive areas are in the eastern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Ogden Dunes, IN: higher priced homes
- Burns Harbor, IN: higher priced homes
- Lake Station, IN: less expensive homes
- Wheeler, IN: higher priced homes
- New Chicago, IN: less expensive homes
- Hobart, IN: equally priced homes
- Porter, IN: higher priced homes
- Deep River, IN: higher priced homes
- Chesterton, IN: higher priced homes
- Dune Acres, IN: higher priced homes
Cities with Similar Populations
- Somerset, KY: less expensive homes
- Fairborn, OH: equally priced homes
- Fenton, MO: higher priced homes
- Florence, AZ: higher priced homes
- Grass Valley, CA: higher priced homes
- Hinesville, GA: less expensive homes
- Holyoke, MA: higher priced homes
- Hopkinsville, KY: less expensive homes
- Indian Trail, NC: higher priced homes
- Shrewsbury, MA: higher priced homes
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