Disclaimer: Covid-19 may have impacted rent prices in a way that is not yet reflected in our reports. When referencing the data published on this page, please keep in mind that the data provided here may not accurately depict the current reality of the market.
Portage, IN Rental Market Trends
What is the average rent in Portage?
The average rent for an apartment in Portage is $1,036. The cost of rent varies depending on several factors, including location, size, and quality.
Average Rent in Portage, IN
Last updated May 2022
| Average Rent | Average Apartment Size |
|---|---|
| $1,036 | 885 sq. ft. |
What is the average apartment size in Portage?
The average size for a Portage, IN apartment is 885 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Portage, IN Apartment Rent Ranges
Portage, IN Occupied Housing Units
4,907 or 34% of the households in Portage, IN are renter-occupied while 9,479 or 65% are owner-occupied.
Portage, IN Rent Trends
| Average Rent | Mar / 2019 | Jul / 2019 | Nov / 2019 | Mar / 2020 | Jul / 2020 | Nov / 2020 | Mar / 2021 | Jul / 2021 | Nov / 2021 | May / 2022 |
|---|---|---|---|---|---|---|---|---|---|---|
| Portage, IN | $899 | $895 | $894 | $917 | $929 | $952 | $982 | $992 | $1,003 | $1,036 |
| National | $1,367 | $1,399 | $1,407 | $1,409 | $1,399 | $1,403 | $1,412 | $1,495 | $1,591 | $1,628 |
How Portage Compares to Other Cities
| City | Average Rent |
|---|---|
| Chicago | $2,080 |
| Indianapolis | $1,055 |
| Oak Park | $2,075 |
| Evanston | $2,148 |
| Greenwood | $1,094 |
| Fort Wayne | $980 |
| Lawrence | $914 |
| Bloomington | $1,217 |
| Lafayette | $896 |
| Noblesville | $1,281 |
| South Bend | $1,151 |
| Carmel | $1,455 |
| Franklin | $947 |
| Valparaiso | $1,162 |
| Riverdale | $902 |
| Merrillville | $1,260 |
| Calumet City | $908 |
| Gary | $865 |
| Bolingbrook | $1,581 |
| Hammond | $964 |
| Portage | $1,036 |
Most Popular Apartments in Portage
Willow Creek
5990 Wonderland Drive, Portage, IN 46368- 1 BED
- 2 BEDS
- 3 BEDS
- $900
- $1,195
- Ask for pricing
The Promenade At Founders Square
2540 Promenade Way Suite 1, Portage, IN 46368- Studio
- 1 BED
- 2+ BEDS
- Ask for pricing
- $1,497+
- Ask for pricing
Lake Pointe Apartment Homes
3471 Sunnyside Drive, Portage, IN 46368- 1 BED
- 2 BEDS
- 3 BEDS
- $1,325+
- $1,690+
- Ask for pricing
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Portage apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.