States › Texas › Portland

Is Portland, TX expensive to live in?

OKRent takes 21 cents of every $1 people earn here.
🏠 Rent per month (2026)$1,55811% lower than U.S. average
💵 Families earn per year (2026)$90,448about $7,537/month · 4% higher than U.S. average
🔑 House price$234,80029% lower than U.S. average

Rent is lower than in 54% of U.S. cities. A typical house costs under 3 years of household income, which is easy by U.S. standards.

How much money do I need?

To rent here comfortably, you should earn about $62,320 a year. That is $30 an hour at a full-time job.

Is rent cheaper than other Texas cities?

No. Rent here is more expensive than in most of Texas. It is number 240 of 426 cities from cheapest to most expensive.

Portland
$1,558
Boerne
$1,604
Terrell
$1,755
Alamo
$853
Alton
$1,382
Universal City
$1,467
Melissa
$2,712

How much do households earn in Portland?

Under $25k
10.2%
$25k–50k
17.8%
$50k–100k
37.6%
$100k–150k
20.2%
$150k+
11.1%

Share of households by yearly income. 31.3% of households earn $100,000 or more.

Rent by apartment size in Portland

SizePortlandU.S. average
Studio$1,777$1,338
1 bedroom$1,650$1,324
2 bedrooms$1,326$1,509
3 bedrooms$2,136$1,698
4 bedrooms$2,385$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Portland overall?

Everyday prices in Texas overall are 3% below the U.S. average (index 97.1, U.S. = 100).

Housing
97
Goods (food, clothes…)
98
Utilities
88
Other services
97
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Portland, so the Texas figure is shown.

Taxes and bills in Portland

🏛️ Property tax$4,376a year · 1.86% of home value · U.S. $3,119
⚡ Electric bill$219a month (typical) · U.S. $156

Life in Portland

Commute to work20.5 minU.S.: 26.4 min
College degree25.7%U.S.: 35.7%
Own their home63.1%U.S.: 65.2%
Below poverty line9%U.S.: 12.5%
Unemployment3.2%U.S.: 5.2%

Is it cheaper to rent or buy in Portland?

Renting is cheaper right now: about $71 a month less.

Renting
$1,558
Owning
$1,629

Owning assumes a typical $234,800 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $23,480 for the down payment.

Frequently asked questions

What is the average rent in Portland, TX?

Renting in Portland costs a median of about $1,558 a month in 2026, including utilities. The Texas median is $1,451.

How much do I need to make to live in Portland?

To keep rent under 30% of income, you need about $62,320 a year, or $30 an hour at a full-time job.

Is Portland cheap or expensive?

Portland is rated OK: rent takes 20.7% of the typical household income of $90,448. It ranks 240th cheapest of 426 Texas cities we track.

How much are property taxes in Portland?

The median homeowner in Portland pays $4,376 a year in property taxes, about 1.86% of the median home value.

Is Portland more expensive than the national average?

Overall prices in Texas are 3% below the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Portland?

The median home value in Portland is $234,800, about 2.6 times the typical yearly household income.

20,543 people live in Portland. Numbers are typical (middle) values.