What's the average rent in Portage, IN?
Rental Market Trends in Portage, IN
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SOURCE: TRULIA DATA
Rental market highlights
As of May 2026, the average rent in Portage, IN is $1,300 per month, which is 32% lower than the national average rent of $1,910 per month.
AVERAGE RENT
$1,300
-3.7%-$50 decrease month-over-month
0.4%$5 increase year-over-year
AVAILABLE RENTALS
29
APARTMENTS
HOUSES
TOWNHOUSES
As of May 2026, apartments are the most affordable rental option in Portage, IN at $1,203 per month, while houses are the most expensive at $1,900 per month. Townhomes average $1,295 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,045 |
| 2 Bedrooms | $1,294 |
| 3 Bedrooms | $1,900 |
| 4 Bedrooms | $2,600 |
| All | $1,300 |
As of May 2026, the average rent for a 1 bedroom rental in Portage, IN is $1,045 per month, followed by $1,294 for a 2 bedroom rental, $1,900 for a 3 bedroom rental, and $2,600 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,295 |
| 3 Bedrooms | $1,500 |
| 4 Bedrooms | — |
| All | $1,295 |
As of May 2026, the average rent for a 2 bedroom townhome in Portage, IN is $1,295 per month, followed by $1,500 for a 3 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $895 |
| 2 Bedrooms | $1,175 |
| 3 Bedrooms | $1,395 |
| 4 Bedrooms | — |
| All | $1,100 |
As of May 2026, the average rent for a 1 bedroom apartment in Portage, IN is $895 per month, followed by $1,175 for a 2 bedroom apartment, and $1,395 for a 3 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,300 |
| 3 Bedrooms | $2,800 |
| 4 Bedrooms | $2,600 |
| All | $1,900 |
As of May 2026, the average rent for a 2 bedroom house in Portage, IN is $1,300 per month, followed by $2,800 for a 3 bedroom house, and $2,600 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has decreased by -6% compared to the previous year, which is a $77 decrease.
This year (2026)
Last year (2025)
Rent distribution
68% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $800 to $3,000.