Portland, AR Real Estate
According to census data in the year 2000 there were 242 housing units in Portland.
This represents a 7.1% growth from 226 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 242 were located in what is classified as a rural area.
Homeownership rate in Portland is about 83.7%.
Portland's vacancy rate, including seasonal lodging, is about 11.2%.
Average household size is 2.69 people.
The majority of houses, apartments or condos in Portland were built after 1968.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 7.40% |
| Two Bedrooms | 36% |
| Three Bedrooms | 47.90% |
| Four Bedrooms | 7.90% |
| Five Bedrooms or more | 0.80% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.74 |
| Median year structure was built | 1967 |
| Median Value of occupied units | $40,000 |
| Median Price asked for vacant units | $40,000 |
Rented Homes, Apartments and Condos
| Average Household Size | 2.43 |
| Median year structure was built | 1978 |
| Median Monthly Rent asked for vacant units | $196 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 1.30% |
| Home Equity Loan | 0% |
| Simple Mortgage | 52.60% |
| Debt Free | 46.10% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 18.7% |
