Portland, IN rental market
Last updated August 11, 2025
Rental market summary
The average rent for all bedrooms and all property types in Portland, IN is $650.
$650
$0
-$323
5
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $550 to $950.
| Rent price | Number of rental properties |
|---|---|
| $500 | 1 |
| $600 | 2 |
| $900+ | 2 |
Average rent price over time
In the last year, rent has decreased by $323 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $950 | $973 |
| Feb | $911 | $973 |
| Mar | $818 | $973 |
| Apr | $798 | $750 |
| May | $786 | $750 |
| Jun | $900 | $750 |
| Jul | $949 | $650 |
| Aug | $973 | $650 |
| Sep | $973 | No data |
| Oct | $973 | No data |
| Nov | $1,004 | No data |
| Dec | $1,004 | No data |
Market temperature
The Portland, IN rental market temperature is COOL. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in Portland, IN is 69% lower than the national average.
$650
$2,100
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Rent trends near Portland, IN
Frequently asked questions
1. What is the average rent in Portland, IN?
The average rent in Portland, IN is $650.
2. How much does it cost to rent a house in Portland, IN?
Houses in Portland, IN rent between $550 - $950 with an average rent of $650.
3. How has the rent in Portland, IN changed in the last year?
In the last year, the rent in Portland, IN decreased by $323
4. How much has the rent in Portland, IN increased/decreased in the last month?
In the last month, the rent in Portland, IN did not change.
5. How many available rentals are there in Portland, IN?
There are currently 5 rentals available in Portland, IN.
6. How do rent prices in Portland, IN compare with the national average?
The average rent in Portland, IN is $650 — 69.05% lower the national average of $2,100.