Similar to the surrounding areas, it is substantially less expensive compared to the US as a whole. However compared to the city of Detroit, it is a lot more expensive.
Home prices
The median home value in Portage is $98,100. Compared to other places in this area this is approximately $4,740 (4%) lower.It is about $119,400 (54%) lower compared to the United States as a whole, and in comparison to the city of Detroit is approximately $48,900 (99%) higher.
Rents
In Portage the median monthly rent is $698. It is about $130 (15%) lower in comparison to its nearby areas.It is approximately $364 (34%) lower in comparison to the nation as a whole, and it is approximately $126 (15%) lower compared to the city of Detroit.
Nearby places
Rudolph
Rudolph is about 1 mile southwest from Portage. The real estate prices there are substantially less expensive. Rudolph's median home cost is $54,400, which is $43,700 (80%) lower than Portage. Rents there are somewhat more expensive. In Rudolph the median rent is $888 a month, which is $190 (21%) higher than Portage.
Bowling Green
Bowling Green is approximately 3 miles north of Portage. Its housing prices are a lot more expensive. The value of the median home in Bowling Green is $168,000, which is $69,900 (41%) higher than Portage. Its rents are similar. Bowling Green's median monthly rent is $724, which works out to $26 (3%) higher than Portage.
Jerry City
Jerry City is about 5 miles southeast from Portage. The real estate prices there are somewhat more expensive. The median home in Jerry City costs $112,500, which works out to $14,400 (12%) higher than Portage. The rent there is a bit more expensive. The median rent in Jerry City is $825 a month, which works out to $127 (15%) higher than Portage.
Cygnet
Cygnet is roughly 5 miles south from Portage. The real estate prices there are somewhat less expensive. Cygnet's median home cost is $89,600, which works out to $8,500 (9%) lower than Portage. Rent there is a little more expensive. In Cygnet the median rent is $917 per month, which comes out to $219 (23%) higher than Portage.
Weston
Weston is approximately 6 miles west from Portage. Housing prices there are a little less expensive. The median home in Weston is valued at $89,700, which comes out to $8,400 (9%) lower than Portage. Rents there are a little more expensive. Weston's median rent is $786 a month, which is $88 (11%) higher than Portage.
