2-Bedroom Rent · August 2026

2-Bedroom Apartment Rent in Portage, IN

$1,210/mo

Median asking rent for a 2-bedroom apartment in Portage, Indiana as of August 2026. That's +20% lower than the citywide median of $1,509 and +27% below the national 2-bedroom median of $1,655.

2-Bedroom median
$1,210
August 2026
vs city overall
-20%
$1,509 city median
vs national
-27%
$1,655 US median
Indiana rank
#25
of 62 cities

Income needed for a 2-bedroom in Portage

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$48,400
Monthly gross
$4,033
Hourly (full-time)
$23.27

Rent by apartment size in Portage

Compare Portage's median rent across every apartment size.

Studio
$870
1-Bedroom
$1,000
2-Bedroom (current)
$1,210
3-Bedroom
$1,490
4+ Bedroom
$1,600

Cheapest cities for a 2-bedroom in Indiana

#City2-Bedroom rent
1Crawfordsville$821
2East Chicago$930
3Marion$930
4New Castle$930
5Richmond$940
6Angola$970
7La Porte$978
8Muncie$978
9Kokomo$990
10Michigan City$1,020
11Terre Haute$1,023
12Elkhart$1,055
13Warsaw$1,060
14Evansville$1,068
15Mishawaka$1,085

Most expensive cities for a 2-bedroom in Indiana

#City2-Bedroom rent
1Zionsville$1,870
2Whitestown$1,790
3Carmel$1,783
4McCordsville$1,620
5Lawrence$1,620
6Avon$1,600
7Westfield$1,580
8Fishers$1,577
9Granger$1,540
10Brownsburg$1,510
11Sellersburg$1,460
12Munster$1,450
13Merrillville$1,440
14Noblesville$1,415
15Highland$1,390

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 3 of these cities have cheaper 2-bedroom rents than Portage.

CityDistance2-Bedroom rentvs Portage
Lake Station, IN5.7 mi$1,240+$30 (+2%)
Hobart, IN6.7 mi$1,220+$10 (+1%)
Valparaiso, IN11.8 mi$1,295+$85 (+7%)
Gary, IN12.3 mi$1,170$-40 (-3%)
Merrillville, IN13 mi$1,440+$230 (+19%)
Crown Point, IN16.3 mi$1,380+$170 (+14%)
East Chicago, IN19.2 mi$930$-280 (-23%)
Highland, IN19.3 mi$1,390+$180 (+15%)
Schererville, IN19.7 mi$1,360+$150 (+12%)
Munster, IN22.5 mi$1,450+$240 (+20%)
Michigan City, IN22.5 mi$1,020$-190 (-16%)
Lansing, IL25.6 mi$1,530+$320 (+26%)

2-Bedroom rent in Portage — common questions

How much is a 2-bedroom apartment in Portage?

As of August 2026, the median 2-bedroom apartment rent in Portage, Indiana is $1,210 per month. This is +20% below the citywide median of $1,509.

What income do you need to afford a 2-bedroom in Portage?

Using the standard 30% rent-to-income rule, you would need an annual income of about $48,400 ($4,033/month gross), which works out to roughly $23.27/hour at a full-time job.

Is Portage expensive for a 2-bedroom compared to the rest of the US?

Portage's 2-bedroom median of $1,210 is +27% below the national 2-bedroom median of $1,655. It ranks in the 20th percentile of US cities tracked.

How does Portage rank for 2-bedroom rent in Indiana?

Among the 62 cities in Indiana with 2-bedroom data, Portage ranks #25 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Portage?

Yes — nearby cities with cheaper 2-bedroom rents include Gary ($1,170), East Chicago ($930), Michigan City ($1,020).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Portage, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (August 2026) and exclude cities with median rent below $400 or above $20,000.