Home prices
Portland's median home cost is $180,700. Compared to nearby areas this is approximately $19,480 (9%) lower.In comparison to the US as a whole it is about $36,800 (16%) lower, and it is about $425,300 (70%) lower compared to the city of New York.
Rents
The median rent in Portland is $1,085 a month. In comparison to other places in this area this is about $131 (10%) lower.In comparison to the country as a whole it is approximately $23 (2%) higher, and in comparison to the city of New York is roughly $358 (24%) lower.
Nearby places
Delaware Water Gap
Delaware Water Gap is about 4 miles northwest of Portland. Its housing prices are similar. The median home in Delaware Water Gap is valued at $188,500, which is $7,800 (4%) higher than Portland. Rent there is similar. Delaware Water Gap's median monthly rent is $1,138, which works out to $53 (4%) higher than Portland.
East Bangor
East Bangor is roughly 4 miles southwest from Portland. The housing prices there are a little less expensive. The median home in East Bangor is valued at $153,600, which works out to $27,100 (17%) lower than Portland. Its rents are fairly similar. The median monthly rent in East Bangor is $1,070, which is $15 (1%) lower than Portland.
Hope
Hope is about 6 miles east of Portland. The housing prices there are a lot more expensive. The median home in Hope costs $336,400, which is $155,700 (46%) higher than Portland. Rents there are substantially more expensive. In Hope the median monthly rent is $1,917, which is $832 (43%) higher than Portland.
Stroudsburg
Stroudsburg is roughly 6 miles northwest of Portland. Real estate prices there are somewhat less expensive. The value of the median home in Stroudsburg is $161,500, which comes out to $19,200 (11%) lower than Portland. Rents there are a little less expensive. Stroudsburg's median monthly rent is $1,006, which works out to $79 (7%) lower than Portland.
Bangor
Bangor is approximately 6 miles southwest of Portland. The housing prices there are a little less expensive. The median home price in Bangor is $160,900, which comes out to $19,800 (12%) lower than Portland. The rent there is a little less expensive. Bangor's median rent is $950 a month, which is $135 (14%) lower than Portland.