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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 $419,596, higher than the Florida average of $396,783.
The average cost of rent is $2,434/mo in Portland, primarily driven by the current value of real estate in the Portland area. In Portland, 12.55% of households rent, and 26.64% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Portland is $7,881 per month. Households that rent pay about 30.88% of their income on rent here. Portland’s most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Freeport, FL: less expensive homes
- Point Washington, FL: higher priced homes
- Santa Rosa Beach, FL: higher priced homes
- Grayton Beach, FL: higher priced homes
- Choctaw, FL: higher priced homes
- Miramar Beach, FL: higher priced homes
- Redbay, FL: less expensive homes
- Red Head, FL: less expensive homes
- Niceville, FL: equally priced homes
- Destin, FL: higher priced homes
Cities with Similar Populations
- Waverly, SD: less expensive homes
- Curran, MI: less expensive homes
- Cylinder, IA: less expensive homes
- Dodge, ND: less expensive homes
- Wastedo, MN: equally priced homes
- Watchorn, OK: less expensive homes
- Waterville Valley, NH: equally priced homes
- Watson Run, PA: less expensive homes
- Wattenberg, CO: higher priced homes
- Waukon, WA: less expensive homes
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