Portland, IN rental market

What is the average rent in Portland, IN?

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Last updated July 1, 2026

Rental market summary

The average rent for all bedrooms and all property types in Portland, IN is $949.

Average rent

$949

Month-over-month change

-$251

Year-over-year change

+$299

Available rentals

1

Source: Zillow Rentals data

Rental price range

The price range for all bedrooms and all property types is $949 to $949.

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Rent frequencies
Rent priceNumber of rental properties
$900+1

Average rent price over time

In the last year, rent has increased by $299 compared to the previous year.

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Average rent price over time
Last year (2025)This year (2026)
Jan$973$850
Feb$973$750
Mar$973$950
Apr$750$650
May$750$650
Jun$750$1,200
Jul$650$949
Aug$650No data
Sep$650No data
Oct$650No data
Nov$650No data
Dec$950No data

Market temperature

The Portland, IN rental market temperature is HOT. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.

hot

Temperature is based on all bedrooms and all property types.

Compare average rent in markets

Rent in Portland, IN is 53% lower than the national average.

Portland, INvs.

$949

$2,009

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Frequently asked questions

1. What is the average rent in Portland, IN?

The average rent in Portland, IN is $949.

2. What is the average rent for a three-bedroom apartment in Portland, IN?

The average rent for a three-bedroom apartment in Portland, IN is $949 per month.

3. How much does it cost to rent a house in Portland, IN?

Houses in Portland, IN rent between $949 - $949 with an average rent of $949.

4. How has the rent in Portland, IN changed in the last year?

In the last year, the rent in Portland, IN increased by $299

5. How much has the rent in Portland, IN increased/decreased in the last month?

In the last month, the rent in Portland, IN decreased by $251

6. How many available rentals are there in Portland, IN?

There are currently 1 rentals available in Portland, IN.

7. How do rent prices in Portland, IN compare with the national average?

The average rent in Portland, IN is $949 — 52.76% lower the national average of $2,009.

Zip codes in Portland, IN

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