Similar to its surrounding areas, it's substantially less expensive compared to the rest of the nation. Compared to the city of Fort Wayne, it is a lot less expensive.
Home prices
Portland's median home price is $71,100. This is approximately $2,160 (3%) higher in comparison to its surrounding areas.Compared to the entire nation it is approximately $146,400 (67%) lower, and it is approximately $44,000 (38%) lower in comparison to the city of Fort Wayne.
Rents
In Portland the median rent is $660 a month. In comparison to the surrounding areas it is approximately $59 (9%) higher.Compared to the nation as a whole it is approximately $402 (37%) lower, and is about $104 (13%) lower in comparison to the city of Fort Wayne.
Nearby places
Salamonia
Salamonia is approximately 6 miles southeast of Portland. Its real estate prices are significantly less expensive. The median home in Salamonia is valued at $53,800, which is $17,300 (32%) lower than Portland. Its rents are a little less expensive. In Salamonia the median monthly rent is $625, which works out to $35 (5%) lower than Portland.
Bryant
Bryant is about 6 miles north of Portland. Housing prices there are somewhat less expensive. The price of the median home in Bryant is $56,700, which works out to $14,400 (25%) lower than Portland. Its rents are a bit more expensive. Bryant's median rent is $758 a month, which works out to $98 (12%) higher than Portland.
Pennville
Pennville is roughly 8 miles northwest from Portland. The housing prices there are somewhat less expensive. Pennville's median home cost is $64,400, which works out to $6,700 (10%) lower than Portland. Rents there are a bit less expensive. In Pennville the median monthly rent is $564, which comes out to $96 (17%) lower than Portland.
Fort Recovery
Fort Recovery is about 9 miles east of Portland. Its real estate prices are substantially more expensive. The median home in Fort Recovery is valued at $116,000, which works out to $44,900 (38%) higher than Portland. The rent there is significantly less expensive. The median monthly rent in Fort Recovery is $473, which comes out to $187 (39%) lower than Portland.
Redkey
Redkey is roughly 9 miles southwest from Portland. Its real estate prices are substantially less expensive. The cost of the median home in Redkey is $53,800, which is $17,300 (32%) lower than Portland. Rent there is a bit less expensive. The median rent in Redkey is $583 per month, which works out to $77 (13%) lower than Portland.
