Portland, IN

Full City Profile · Indiana · Mercer County County

3.4 /5.0
B Good
6,341 Population 1,302/sq mi density
$45,431 Median Income $26,875 per capita
$90,600 Home Value $172,030 Zillow
$722 Median Rent 27.3% income on rent
50°F Avg Temperature
B
Overall
3.4 / 5.0
Good overall score based on economy, affordability, safety and education
B
Economy
3.2 / 5.0
$45,431 median income, 4.7% unemployment
A+
Affordability
5.0 / 5.0
$90,600 home value, $722/mo rent
D
Education
2.0 / 5.0
11.9% bachelor's degree or higher

Housing Overview

Median Home Value
$90,600
68% below
US avg: $281,900
Median Rent
$722/mo
38% below
US avg: $1,163/mo
Homeownership Rate
66.5%
2% above US avg (65.4%)
Total Housing Units
3,062
Median year built: 1953

Home Value by Source

Census Median
$90,600
Zillow (ZHVI)
$172,030
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

66.5%
Owner-Occupied
33.5%
Renter-Occupied
67%
34%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$816/mo
1 Bedroom
$882/mo
2 Bedroom
$1,096/mo
3 Bedroom
$1,391/mo
4 Bedroom
$1,590/mo
Census median rent: $722/mo

Affordability & Housing Stock

Rent Burden
27.3%
of renters spending 30%+ of income on housing
12% below US avg (31.0%)
Median Year Built
1953
Average age of housing stock: 73 years
Homeownership Rate
66.5%

Complete Housing Data

Home Values

Census Median Value$90,600
Zillow Home Value (ZHVI)$172,030

Rent

Census Median Rent$722
FMR Studio$816
FMR 1-Bedroom$882
FMR 2-Bedroom$1,096
FMR 3-Bedroom$1,391
FMR 4-Bedroom$1,590

Market

Ownership & Stock

Owner-Occupied66.5%
Renter-Occupied33.5%
Homeownership Rate66.5%
Total Housing Units3,062
Median Year Built1953
Rent Burden27.3%