Housing costs in Portland?
A typical home costs
$250,000, which is 26.1% less expensive than the national average of
$338,100 and 16.0% less expensive than the average Texas home, at
$297,600. Renting a two-bedroom unit in Portland costs
$1,550 per month, which is 8.4% more than the national average of
$1,430 and 17.4% more than the state average of
$1,280.
Can I afford Portland?
To live comfortably in Portland, Texas, a minimum annual income of
$47,880 for a family, and
$50,800 for a single person is recommended.
What does A.I. say about Portland?
Portland, TX is an affordable place to live. The cost of living in Portland is 8% lower than the national average and 14% lower than the state average. The median monthly homeowner costs are just over $1,000; this includes mortgage payments, taxes, insurance, utilities, and other housing-related costs. Renters can expect to pay around $800 per month for a two bedroom apartment. Groceries and basic necessities are also reasonably priced in Portland compared to other cities in the US. Overall, Portland is an affordable city with a great quality of life and lots of amenities for residents to enjoy.