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These days, finding an affordable place to live in the Portage Lakes area can be challenging. Home prices in Portage Lakes are now at a median cost of $168,157, lower than the Ohio average of $236,816.
The average cost of rent is $1,044/mo in Portage Lakes, primarily driven by the current value of real estate in the Portage Lakes area. In Portage Lakes, 39.08% of households rent, and 42.97% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Portage Lakes is $5,930 per month. Households that rent pay about 17.61% of their income on rent here. Portage Lakes’s most expensive areas are in the southwestern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- New Franklin, OH: higher priced homes
- Barberton, OH: less expensive homes
- Green, OH: higher priced homes
- Akron, OH: higher priced homes
- Lakemore, OH: less expensive homes
- Norton, OH: higher priced homes
- Clinton, OH: higher priced homes
- Uniontown, OH: higher priced homes
- Copley, OH: higher priced homes
- Canal Fulton, OH: higher priced homes
Cities with Similar Populations
- Caldwell, TX: higher priced homes
- Cambria, CA: higher priced homes
- Calverton, NY: higher priced homes
- Calverton, MD: higher priced homes
- Calvert City, KY: equally priced homes
- Calumet Park, IL: higher priced homes
- Calistoga, CA: higher priced homes
- Calipatria, CA: higher priced homes
- California, MO: equally priced homes
- Califon, NJ: higher priced homes
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