Housing costs in Portland?
A typical home costs
$67,800, which is 79.9% less expensive than the national average of
$338,100 and 62.7% less expensive than the average Arkansas home, at
$181,800. Renting a two-bedroom unit in Portland costs
$650 per month, which is 54.5% cheaper than the national average of
$1,430 and 29.2% cheaper than the state average of
$840.
Can I afford Portland?
To live comfortably in Portland, Arkansas, a minimum annual income of
$12,960 for a family, and
$21,600 for a single person is recommended.
What does A.I. say about Portland?
Portland, AR is known for its low cost of living. Despite being close to larger cities in Arkansas such as Little Rock, Portland residents enjoy the benefits of a much lower cost of living. Groceries and healthcare costs tend to be lower than average, while housing prices are among the most affordable in the state. Renting an apartment in Portland can be done for under $800 per month, while the median home price is around $115,000 - far below national averages. With a wide variety of jobs available and no shortage of entertainment options, Portland is a great place to live if you’re looking for affordability without sacrificing quality.