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Homes & Apartments for Rent in Portage, IN 46368

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What to Know About

Life in Portage & Beyond

Portage shares many of the great qualities that make Indiana a desirable place to live.

Indiana is where the past meets the present, and the great outdoors is right at your fingertips. Get to know the rich cultural heritage of this Midwestern gem by visiting incredible museums like the Eiteljorg Museum of American Indians and Western Art, or check out the top universities like Purdue University and Indiana University. Indiana is a hub of economic activity, with its thriving manufacturing, agriculture, and transportation industries.

The state also offers plenty of opportunities for those seeking adventure and excitement. From exploring the beautiful state parks to fishing in its many lakes and rivers, Indiana is a nature-lovers paradise from the Hoosier National Forest to the Ohio River. And for sports fans, check out the Indianapolis Colts (NFL) and Indiana Pacers (NBA) or catch a game at universities like Purdue or Indiana. In addition, discover famous attractions like the Indianapolis Motor Speedway, home of the world-famous Indianapolis 500 race, the Children's Museum of Indianapolis, and the historic town of Brown County.

With its strong economy, quality education, and lively atmosphere, Indiana is the perfect place to live.

Rental Market Trends

Portage, IN

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As of November 2026, Portage's rental market is stable, with rentals spending about 28 days on the market, about the same as in Indiana (27), and rents up 2.3% over the past year. Portage's average rent is 10.5% ($153) higher than the Indiana average of $1,452 and 21.2% ($431) lower than the U.S. average of $2,036.

Average Rent
$1,605
Monthly ChangeMonth Over Month Change
Increased1.08% ($17)
Yearly ChangeYear Over Year Change
Increased2.3% ($36)
Days on Market
28
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,461 Increased0.71% ($10) Increased10.2% ($136)
2 Beds $1,600 Increased1.16% ($18) Decreased1.5% ($25)
3 Beds $2,259 Increased0.27% ($6) Increased0.4% ($9)
Nearby Cities Average Rent Avg. Rent vs. PortageAverage Rent vs. Portage Days on Market
Lake Station $1,556 Decreased3.1% ($49) 29 days
Hobart $1,623 Increased1.1% ($18) 30 days
Chesterton $1,721 Increased7.2% ($116) 28 days
Gary $1,277 Decreased20.4% ($328) 29 days
Merrillville $1,889 Increased17.7% ($284) 27 days
Based on rentals advertised on RentalSource in and around Portage.
Frequently Asked Questions
Portage Rental Market FAQs

Explore rental prices, market conditions, and affordability in Portage, IN.

The average rent in Portage, IN is $1,605 per month.
In Portage, the average rent is about $1,461 per month for a 1-bedroom home, $1,600 for a 2-bedroom home and about $2,259 for a 3-bedroom home.
The average rent in Portage is 21.2% ($431) lower than the national average of $2,036 per month.
The rental market in Portage, IN is currently stable, with rentals spending about 28 days on the market, about the same as in Indiana (27), and rents up 2.3% over the past year.
Based on the current averages, a household would need an annual income of $64,000 to comfortably afford a 2-bedroom home in Portage.
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