Home Insurance in Portland, Indiana
Homes in Portland carry a median value of $96,700 - 18% lower than the Jay County median.
Because older housing stock often has aging wiring, roofing or plumbing, it can cost more to insure or rebuild. The typical home in Portland was built around 1951. About 58% of homes were built before 1960, about 7 points above Jay County's 51%.
In Portland, the housing stock is 79% single-family homes, 7% apartments in buildings with 5+ units and 2% mobile or manufactured homes. The rest are 2-4 unit or other housing types.
About 63% of owner-occupied homes in Portland have a mortgage. Lenders require hazard (homeowners) insurance on any home carrying a mortgage.
Portland has an owner-occupancy rate of 68% and a vacancy rate of 16%; unoccupied homes typically need a different coverage form.
In Portland, 64% of homes are primarily heated with natural gas.
Jay County had 17 active NFIP flood policies as of September 2026. Its top FEMA-rated hazard is tornado (Relatively Low). See the full Jay County home insurance overview for all FEMA hazard ratings and flood coverage details.
In Indiana, the statewide average premium for a standard HO-3 homeowners policy is $1,259 per year (NAIC, 2023 data).
Key figures
| Median home value | $96,700 |
|---|---|
| Median year built | 1951 |
| Owner-occupied share | 68% |
| Share of owner-occupied homes with a mortgage | 63% |
| Top county hazard | Tornado (Relatively Low) |
| Active NFIP policies in Jay County | 17 |
| Home insurance premium | $1,259 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)