Home Price Key
Affordable
Average
Expensive
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 $267,890, lower than the Connecticut average of $357,181.
The average cost of rent is $1,250/mo in Portland, primarily driven by the current value of real estate in the Portland area. While nearly 29.33% of residents own their homes outright in Portland, 18.50% rent.
Housing affordability isn’t just about home prices, though. The average household income in Portland is $9,693 per month. Households that rent pay about 12.89% of their income on rent here. Portland's most expensive areas are in the northern regions, while the cheapest areas are in the central parts of the city.
Nearby Cities
- Cobalt, CT: higher priced homes
- Cromwell, CT: equally priced homes
- Middletown, CT: less expensive homes
- South Glastonbury, CT: higher priced homes
- Rocky Hill, CT: equally priced homes
- Lake Pocotopaug, CT: higher priced homes
- East Hampton, CT: equally priced homes
- East Berlin, CT: higher priced homes
- Rockfall, CT: equally priced homes
- Maromas, CT: equally priced homes
Cities with Similar Populations
- Crossett, AR: less expensive homes
- Waimanalo, HI: higher priced homes
- Wahpeton, ND: less expensive homes
- Waggaman, LA: less expensive homes
- Wading River, NY: higher priced homes
- Virginia, MN: less expensive homes
- Vicksburg, MI: less expensive homes
- Crownsville, MD: higher priced homes
- Crosswicks, NJ: higher priced homes
- Wakefield-Peacedale, RI: higher priced homes
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