Home prices
Portage Lakes's median home value is $135,200. Compared to its surrounding areas it is about $17,720 (15%) higher.Compared to the rest of the nation it is roughly $82,300 (37%) lower, and it is about $65,600 (94%) higher in comparison to the city of Cleveland.
Rents
The median rent in Portage Lakes is $901 per month. This is approximately $129 (16%) higher in comparison to other places in this area.It is about $161 (15%) lower in comparison to the United States as a whole, and it is approximately $182 (25%) higher in comparison to the city of Cleveland.
Nearby places
New Franklin
New Franklin is Portage Lakes's neighbor to the southwest. Its real estate prices are somewhat more expensive. The median home value in New Franklin is $149,200, which works out to $14,000 (9%) higher than Portage Lakes. Rents there are fairly similar. In New Franklin the median monthly rent is $878, which comes out to $23 (2%) lower than Portage Lakes.
Green
Green is Portage Lakes's neighbor to the southeast. Housing prices there are significantly more expensive. The median home price in Green is $201,200, which is $66,000 (32%) higher than Portage Lakes. Rent there is somewhat less expensive. In Green the median rent is $833 per month, which comes out to $68 (8%) lower than Portage Lakes.
Barberton
Barberton is about 3 miles west from Portage Lakes. Its housing prices are a lot less expensive. The median home in Barberton costs $86,800, which works out to $48,400 (55%) lower than Portage Lakes. Rents there are a little less expensive. In Barberton the median rent is $759 a month, which is $142 (18%) lower than Portage Lakes.
Sawyerwood
Sawyerwood is roughly 4 miles northeast from Portage Lakes. Its housing prices are a lot less expensive. The median home in Sawyerwood is valued at $61,000, which is $74,200 (121%) lower than Portage Lakes. Its rents are substantially less expensive. Sawyerwood's median rent is $616 per month, which comes out to $285 (46%) lower than Portage Lakes.
Lakemore
Lakemore is approximately 4 miles east from Portage Lakes. Its real estate prices are significantly less expensive. Lakemore's median home price is $89,200, which is $46,000 (51%) lower than Portage Lakes. Rent there is somewhat less expensive. Lakemore's median monthly rent is $776, which comes out to $125 (16%) lower than Portage Lakes.
