Portland, ND Real Estate
According to census data in the year 2000 there were 293 housing units in Portland.
This represents a 9.3% growth from 268 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 293 were located in what is classified as a rural area.
Homeownership rate in Portland is about 73%.
Portland's vacancy rate, including seasonal lodging, is about 5.1%.
Average household size is 2.34 people.
The majority of houses, apartments or condos in Portland were built after 1962.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 1.40% |
| One Bedroom | 9.90% |
| Two Bedrooms | 31.10% |
| Three Bedrooms | 36.50% |
| Four Bedrooms | 14.30% |
| Five Bedrooms or more | 6.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.52 |
| Median year structure was built | 1957 |
| Median Value of occupied units | $50,000 |
| Median Price asked for vacant units | $112,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.85 |
| Median year structure was built | 1972 |
| Median Monthly Rent asked for vacant units | $213 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 2.20% |
| Home Equity Loan | 2.20% |
| Simple Mortgage | 47.80% |
| Debt Free | 47.80% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 16% |
