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Rent in Portland, TN

A 2-bedroom in Portland, TN (ZIP 37148) typically rents for about $1,187 a month, with a range of $1,084–$1,290. Owner-occupied homes in Sumner County pay about 0.51% 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

Typical monthly rent in Portland, TN by bedrooms
SizeTypicalRange across ZIPsZIPs
Studio$1,140$1,140–$1,5851
1 bed$1,180$1,180–$1,6501
2 beds$1,187$1,084–$1,2901
3 beds$1,498$1,335–$1,6601
4 beds$1,876$1,742–$2,0101

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

Portland ZIP codes

2 beds

Frequently asked questions

What is the average rent for a 2-bedroom in Portland, TN?
About $1,187 a month: the median of the typical rents in 1 ZIP code, which range from $1,084–$1,290. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 1-bedroom in Portland, TN?
About $1,180 a month: the median of the typical rents in 1 ZIP code, which range from $1,180–$1,650. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 3-bedroom in Portland, TN?
About $1,498 a month: the median of the typical rents in 1 ZIP code, which range from $1,335–$1,660. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a studio in Portland, TN?
About $1,140 a month: the median of the typical rents in 1 ZIP code, which range from $1,140–$1,585. Figures are gross rent (rent plus tenant-paid utilities).
What is the average rent for a 4-bedroom in Portland, TN?
About $1,876 a month: the median of the typical rents in 1 ZIP code, which range from $1,742–$2,010. Figures are gross rent (rent plus tenant-paid utilities).
What is the property tax rate in Portland, TN?
Owner-occupied homes in Sumner County pay a typical 0.51% 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?
HUD Small Area Fair Market Rents (Oct 1, 2026), Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).