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These days, finding an affordable place to live in the Portland Mills area can be challenging. Home prices in Portland Mills are now at a median cost of $227,747, lower than the Indiana average of $232,932.
The average cost of rent is $679/mo in Portland Mills, primarily driven by the current value of real estate in the Portland Mills area. In Portland Mills, 16.38% of households rent, and 64.28% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Portland Mills is $5,824 per month. Households that rent pay about 11.65% of their income on rent here. Portland Mills’s most expensive areas are in the southwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Hollandsburg, IN: higher priced homes
- Milligan, IN: equally priced homes
- Morton, IN: less expensive homes
- Russellville, IN: higher priced homes
- Clinton Falls, IN: equally priced homes
- Guion, IN: equally priced homes
- Fincastle, IN: equally priced homes
- Nyesville, IN: equally priced homes
- Waveland, IN: less expensive homes
- Mansfield, IN: higher priced homes
Cities with Similar Populations
- Epsie, MT: equally priced homes
- Vega, GA: higher priced homes
- Vealmoor, TX: equally priced homes
- Vandalia, MT: higher priced homes
- Vanceboro, ME: less expensive homes
- Van Wert, GA: higher priced homes
- Van Buren, MS: less expensive homes
- Vallecitos, NM: higher priced homes
- Vale, TN: less expensive homes
- Valcour, NY: less expensive homes
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