Real Estate Investing in Portland, Indiana

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 12,450 • Jay County

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Should you buy in Portland, IN? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (70/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • Elevated vacancy: 9.4% vacancy may signal weakening demand.

What’s happening in Portland, IN?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

5.7% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $170,526
Avg Monthly Rent $864
ZIP Codes 1

Investing in Portland Real Estate

Portland in Indiana is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

A 3.0 rating and a 5-year CAGR of 0.0% are the kinds of numbers that warrant real local underwriting, not spreadsheet tourism. Portland is in that category.

unambiguously Portland's sale market has not rewarded patience. a challenging fit for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.

Population dynamics in Portland haven't been supportive. a stretch for combined with lackluster income growth, the demographic backdrop complicates any purely financial underwriting.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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Avg Home Value
$170,526
Avg Monthly Rent
$864
1% Rule
✗ Below
Landlord Friendly (IN)

ZIP Codes in Portland, IN

Screen every ZIP in Portland

Filter Portland’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Portland, IN

Is Portland, IN a friendly market for rental owners?

For rental operators, Portland, IN rates as landlord-friendly. The regulatory environment standard buy-and-hold operations.

Does Portland, IN make sense for an investment property?

The 3.0/5 investability rating in Portland, IN reflects its $171K prices and $864/mo rents. Investors generally consider it a solid option within IN.

How expensive is real estate in Portland, IN?

The median home value in Portland, IN is roughly $171K. That puts it reasonable relative to the IN statewide average.

What does house hacking look like in Portland, IN?

For house hackers, Portland, IN is a challenging. The $864/mo rent on a unit helps defray the mortgage on a $171K property.

Is Portland, IN better for rentals, flips, or BRRRR?

Portland, IN investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($171K prices, $864/mo rents) make it a reasonable choice.

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