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 $190,187, lower than the Tennessee average of $218,916.
The average cost of rent is $969/mo in Portland, primarily driven by the current value of real estate in the Portland area. While nearly 31.32% of residents own their homes outright in Portland, 26.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Portland is $5,204 per month. Households that rent pay about 18.62% of their income on rent here. Portland's most expensive areas are in the northeastern regions, while the cheapest areas are in the eastern parts of the city.
Nearby Cities
- Mitchellville, TN: higher priced homes
- New Deal, TN: higher priced homes
- Corinth, TN: equally priced homes
- Reubensville, TN: higher priced homes
- Graball, TN: equally priced homes
- Cottontown, TN: higher priced homes
- Hickory Flat, KY: less expensive homes
- Cross Plains, TN: higher priced homes
- Orlinda, TN: higher priced homes
- New Roe, KY: less expensive homes
Cities with Similar Populations
- Seymour, TN: equally priced homes
- Fountain Inn, SC: equally priced homes
- Frankfort, IL: higher priced homes
- Frankfort, IN: less expensive homes
- Gettysburg, PA: higher priced homes
- Guthrie, OK: equally priced homes
- Rosemont, CA: higher priced homes
- Roxboro, NC: less expensive homes
- Santa Fe, TX: higher priced homes
- Selma, AL: less expensive homes
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