Home prices
The median home in Portland costs $76,700. It is approximately $22,580 (41%) higher in comparison to its nearby areas.In comparison to the nation as a whole it is approximately $140,800 (64%) lower, and compared to the city of Monroe it is about $62,900 (45%) lower.
Rents
Portland's median rent is $452 a month. Compared to its surrounding areas it is about $131 (22%) lower.In comparison to the rest of the nation it is about $610 (57%) lower, and in comparison to the city of Monroe is approximately $250 (35%) lower.
Nearby places
Montrose
Montrose is roughly 4 miles north of Portland. Real estate prices there are substantially less expensive. Montrose's median home price is $31,300, which comes out to $45,400 (145%) lower than Portland. Rents there are a bit more expensive. Montrose's median rent is $575 a month, which works out to $123 (21%) higher than Portland.
Lake Village
Lake Village is roughly 13 miles northeast from Portland. Its real estate prices are a bit less expensive. Lake Village's median home value is $68,300, which comes out to $8,400 (12%) lower than Portland. Rents there are somewhat more expensive. The median monthly rent in Lake Village is $559, which is $107 (19%) higher than Portland.
Wilmot
Wilmot is about 13 miles south of Portland. Real estate prices there are a lot less expensive. The median home in Wilmot is valued at $45,400, which comes out to $31,300 (68%) lower than Portland. The rent there is a little more expensive. The median rent in Wilmot is $633 per month, which is $181 (28%) higher than Portland.
Hamburg
Hamburg is about 14 miles west from Portland. Its real estate prices are similar. Hamburg's median home price is $73,700, which works out to $3,000 (4%) lower than Portland. Its rents are a bit more expensive. In Hamburg the median rent is $601 per month, which comes out to $149 (24%) higher than Portland.
Eudora
Eudora is roughly 15 miles southeast from Portland. Real estate prices there are substantially less expensive. The price of the median home in Eudora is $51,900, which works out to $24,800 (47%) lower than Portland. Rent there is somewhat more expensive. The median rent in Eudora is $546 a month, which is $94 (17%) higher than Portland.