YieldBadger

Rent in Portage, MI

Across Portage's 3 ZIP codes, a 2-bedroom typically rents for about $1,158 a month, with figures from $1,028–$1,264. The highest typical rent is in 49024 ($1,264) and the lowest in 49002 ($1,028). 2 ZIPs have ZIP-level figures from HUD or Census; the other 1 uses the county Fair Market Rent. Owner-occupied homes in Kalamazoo County pay about 1.45% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.24% in the week of Oct 29, 2026.

Rent by bedrooms

Typical monthly rent in Portage, MI by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$885$885–$1,1973
1 bed$1,013$946–$1,0923
2 beds$1,158$1,028–$1,2643
3 beds$1,545$1,382–$1,8383
4 beds$1,637$1,637–$2,0533

Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).

Portage ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Portage, MI?
About $1,158 a month: the median of the typical rents in 3 ZIP codes, which range from $1,028–$1,264. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Portage, MI?
About $1,013 a month: the median of the typical rents in 3 ZIP codes, which range from $946–$1,092. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Portage, MI?
About $1,545 a month: the median of the typical rents in 3 ZIP codes, which range from $1,382–$1,838. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Portage, MI?
About $885 a month: the median of the typical rents in 3 ZIP codes, which range from $885–$1,197. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Portage, MI?
About $1,637 a month: the median of the typical rents in 3 ZIP codes, which range from $1,637–$2,053. Figures are gross rent (rent plus tenant-paid utilities).
Which Portage ZIP code has the highest rent?
For a 2-bedroom, 49024 has the highest typical rent at $1,264 a month, and 49002 the lowest at $1,028.
What is the property tax rate in Portage, MI?
Owner-occupied homes in Kalamazoo County pay a typical 1.45% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
What is the current 30-year mortgage rate?
The 30-year fixed rate averaged 7.24% in the week of Oct 29, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
Where do these Portage rent figures come from?
Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).