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These days, finding an affordable place to live in the Portland area can be challenging. Home prices in Portland are now at a median cost of $84,274, lower than the Arkansas average of $207,061.
The average cost of rent is $642/mo in Portland, primarily driven by the current value of real estate in the Portland area. In Portland, 18.59% of households rent, and 75.14% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Portland is $3,644 per month. Households that rent pay about 17.62% of their income on rent here. Portland’s most expensive areas are in the eastern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Sunshine, AR: higher priced homes
- Thebes, AR: higher priced homes
- Parkdale, AR: equally priced homes
- Snyder, AR: higher priced homes
- Lake Village, AR: higher priced homes
- Mist, AR: higher priced homes
- Eudora, AR: equally priced homes
- Red Leaf, AR: higher priced homes
- Bovine, AR: equally priced homes
- Shives, AR: higher priced homes
Cities with Similar Populations
- Alba, PA: higher priced homes
- York Center, OH: higher priced homes
- Yenome, SC: equally priced homes
- Wye Mills, MD: higher priced homes
- Woodville, NC: less expensive homes
- Woodburn, IA: higher priced homes
- Winchester, ID: higher priced homes
- Birdeye, AR: higher priced homes
- Berea, NE: higher priced homes
- Bengal, IN: higher priced homes
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