Rent in Portland, MI
A 2-bedroom in Portland, MI (ZIP 48875) typically rents for about $955 a month, with a range of $955–$1,238. Owner-occupied homes in Ionia County pay about 1.13% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $862 | $862 | 1 |
| 1 bed | $946 | $946 | 1 |
| 2 beds | $955 | $955–$1,238 | 1 |
| 3 beds | $1,143 | $1,143–$1,579 | 1 |
| 4 beds | $1,734 | $1,734–$1,930 | 1 |
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).
Portland ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in Portland, MI?
- About $955 a month: the median of the typical rents in 1 ZIP code, which range from $955–$1,238. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in Portland, MI?
- About $946 a month: the median of the typical rents in 1 ZIP code, which range from $946. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in Portland, MI?
- About $1,143 a month: the median of the typical rents in 1 ZIP code, which range from $1,143–$1,579. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in Portland, MI?
- About $862 a month: the median of the typical rents in 1 ZIP code, which range from $862. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in Portland, MI?
- About $1,734 a month: the median of the typical rents in 1 ZIP code, which range from $1,734–$1,930. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in Portland, MI?
- Owner-occupied homes in Ionia County pay a typical 1.13% 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 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these Portland rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).