Rentometer, Inc. | Data as of 10/23/2025
Portage, Indiana offers a balanced rental market that blends the charm of a Midwestern city with a variety of housing options suited to families, professionals, and students alike. Residents can choose from well‑maintained single‑family homes and modern apartment complexes located near the downtown corridor, university campuses, and major thoroughfares such as US‑31. The city’s convenient access to parks, shopping districts, and cultural venues like the Portage Lakes State Park makes it an appealing base for both outdoor enthusiasts and urban dwellers.
Rental rates in Portage reflect the diversity of its inventory. One‑bedroom apartments typically fall within the $1200‑$1300 range, while larger three‑bedroom units often sit around the $2000 mark, offering competitive pricing for spacious living. Single‑family homes provide a range of options, from cozy one‑bedroom units to expansive four‑plus bedroom properties, catering to varied lifestyle needs. Proximity to key neighborhoods such as Westside and the historic downtown area ensures renters enjoy easy access to schools, healthcare facilities, and a vibrant dining scene.
Whether you’re seeking the convenience of an apartment close to public transit or the privacy of a standalone house with a backyard, Portage’s rental landscape delivers flexibility and value. The city’s steady demand, combined with its friendly community atmosphere and convenient amenities, makes it a solid choice for anyone looking to establish a comfortable home in Indiana.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,192 | $1,255 | $835 - $1,399 | $1,159 - $1,263 |
| Apartment | 2 Bedroom | $1,279 | $1,307 | $901 - $1,770 | $1,082 - $1,390 |
| Apartment | 3 Bedroom | $2,021 | $2,345 | $1,298 - $2,420 | $1,298 - $2,420 |
| House | 1 Bedroom | $1,505 | $1,540 | $1,345 - $1,660 | $1,430 - $1,580 |
| House | 2 Bedroom | $1,683 | $1,710 | $1,100 - $2,360 | $1,295 - $1,905 |
| House | 3 Bedroom | $1,965 | $1,824 | $1,599 - $2,695 | $1,650 - $2,200 |
| House | 4+ Bedroom | $3,000 | $2,200 | $2,200 - $4,600 | $2,200 - $4,600 |
In the current period, the average rent in Portage was $986 for Studio, $1,349 for 1 Bedroom, $1,387 for 2 Bedroom, $1,984 for 3 Bedroom, and $3,400 for 4+ Bedroom.
Data provided by Rentometer, Inc.