Portland, TN Real Estate
According to census data in the year 2000 there were 3,511 housing units in Portland.
This represents a 67.1% growth from 2,101 in 1990.
Of those housing units, 3,191 were located in either urbanized areas or urban clusters, and 320 were located in what is classified as a rural area.
Homeownership rate in Portland is about 68%.
Portland's vacancy rate, including seasonal lodging, is about 8.4%.
Average household size is 2.68 people.
The majority of houses, apartments or condos in Portland were built after 1980.
|Housing Units by Size|
|Five Bedrooms or more||0.90%|
Owned Homes, Apartments and Condos
|Average Household Size||2.78|
|Median year structure was built||1979|
|Median Value of occupied units||$85,000|
|Median Price asked for vacant units||$107,500|
Rented Homes, Apartments and Condos
|Average Household Size||2.47|
|Median year structure was built||1982|
|Median Monthly Rent asked for vacant units||$503|
Owners Finance Status
|Second Mortgage & Equity Loan||0.40%|
|Home Equity Loan||2.40%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||18.2%|