Home prices
The median home in Portland costs $229,400. Compared to its nearby areas this is about $32,960 (12%) lower.It is roughly $11,900 (5%) higher in comparison to the United States as a whole, and in comparison to the city of Worcester is approximately $2,300 (1%) higher.
Rents
The median rent in Portland is $1,094 a month. In comparison to its surrounding areas this is roughly $26 (2%) lower.It is roughly $32 (3%) higher compared to the entire nation, and it is is very similar in comparison to the city of Worcester.
Nearby places
Middletown
Middletown is Portland's neighbor to the southwest. Its housing prices are pretty similar. The median home price in Middletown is $231,300, which is very similar to Portland. The rent there is pretty similar. Middletown's median rent is $1,133 per month, which comes out to $39 (3%) higher than Portland.
Lake Pocotopaug
Lake Pocotopaug is about 4 miles east from Portland. Its housing prices are a little more expensive. The median home in Lake Pocotopaug costs $268,600, which is $39,200 (14%) higher than Portland. The rent there is a little more expensive. In Lake Pocotopaug the median rent is $1,240 a month, which works out to $146 (11%) higher than Portland.
East Hampton
East Hampton is approximately 5 miles east of Portland. Its real estate prices are fairly similar. The cost of the median home in East Hampton is $241,200, which is $11,800 (4%) higher than Portland. Rent there is a little more expensive. The median rent in East Hampton is $1,153 a month, which is $59 (5%) higher than Portland.
Higganum
Higganum is about 6 miles southeast of Portland. Real estate prices there are a bit more expensive. The median home in Higganum costs $310,400, which is $81,000 (26%) higher than Portland. Rent there is somewhat less expensive. In Higganum the median rent is $831 a month, which is $263 (31%) lower than Portland.
Kensington
Kensington is about 7 miles northwest from Portland. The housing prices there are a bit more expensive. The median home in Kensington is valued at $260,300, which comes out to $30,900 (11%) higher than Portland. The rent there is somewhat more expensive. Kensington's median monthly rent is $1,244, which comes out to $150 (12%) higher than Portland.