The typical owner-occupied home in Portal is worth about $87,200, 65% below the North Dakota median of $249,900 and 74% below the national median of $332,700. Owners pay a median $564 a year in property taxes, about 0.65% of their home's value, lower than the North Dakota rate of 0.99%. The median household earns $115,642 a year, so the median home costs 0.8 times the median income (3.3 times for North Dakota). 31% of occupied homes here are lived in by their owners, and 41% of those owners still have a mortgage.
Portal at a glance
| Portal | North Dakota | U.S. | |
|---|---|---|---|
| Median home value | $87,200 | $249,900 | $332,700 |
| Median property tax paid per year | $564 | $2,468 | $3,119 |
| Property tax as a share of value | 0.65% | 0.99% | 0.94% |
| Median household income | $115,642 | $76,657 | $80,734 |
| Homes lived in by their owners | 31% | 63% | 65% |
| Owner homes with a mortgage | 41% | 52% | 61% |
| Median monthly costs, owners with a mortgage | $990 | $1,762 | $1,963 |
| Those costs as a share of the owners' income | 9.0% | 19.4% | 21.0% |
| Median rent | $674 | $954 | $1,413 |
| Rent as a share of renters' income | 9.0% | 25.0% | 30.6% |
| Median year homes were built | 1974 | 1982 | 1980 |
| Vacant homes | 21.6% | 12.3% | 10.1% |
| Population | 129 | 784,841 | 334,922,499 |
What a typical home costs per month in Portal
At this week's average 30-year rate of 7.11%, buying the median Portal home of $87,200 with 20% down costs about $553 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $698, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $23,694 for the 20%-down payment. That payment is 6% of the median Portal household income of $115,642; at that income and 20% down, the 28% guideline points to a home of about $426,000.
The median rent here is $674 a month, a little more than the monthly cost of owning the median home with 20% down.
| Down payment | $17,440 |
|---|---|
| Loan amount | $69,760 |
| Principal and interest | $469 |
| Property taxes (0.65% a year) | $47 |
| Homeowners insurance (our estimate, 0.5% a year) | $36 |
| PMI | $0 |
| Total per month | $553 |
Change the numbers in the calculator
| Down payment | $3,052 |
|---|---|
| Loan amount | $85,621 |
| Principal and interest | $576 |
| Property taxes (0.65% a year) | $47 |
| Homeowners insurance (our estimate, 0.5% a year) | $36 |
| FHA mortgage insurance | $39 |
| Total per month | $698 |
Change the numbers in the calculator
Questions about home buying in Portal
What is the median home value in Portal?
About $87,200 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Portal?
Homeowners pay a median $564 a year, which is about 0.65% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Portal?
For the median home with 20% down at 7.11%, the payment is about $553 a month. Keeping that under 28% of gross income takes about $23,694 a year.
More about Portal
- Mortgage Refinance in Portal
- Debt Relief in Portal
- Home Equity Loans in Portal
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data