Last updated on August 12, 2026

Average rent in
Portsmouth, VA

Key takeaways for renters

  • Where Portsmouth rent stands today

    Portsmouth, VA rent rose 2.6% year over year, with a current median of $1,595/month. Renters today are paying $78 more per month on average than last year, reaching the same level as the peak in August 2026.

  • Portsmouth is 17.1% more affordable than the $1,925/month national median. The city offers a smaller market with 135 total rentals available for renters seeking value.

  • Price ranges

    Studios rent for $1,038/month, 1-bedrooms for $1,160/month, and 2-bedrooms for $1,395/month, while 3-bedrooms rise to $1,950/month and 4+ bedrooms reach $2,395/month. The studio median rent shows the range across bedroom sizes.

  • Neighborhood spotlight

    Studio rents in Portsmouth fell 20.2% year over year, a divergence of 22.8 percentage points from the citywide trend. This decline contrasts with the overall rent increase of 2.6% in Portsmouth, VA.

Median rent

Median rent in Portsmouth

$1,595/mo

increased by3%

vs previous year

The average rent in Portsmouth is $1,595 per month as of August 2026. This is 17% below the national average rent, or $330 less per month.

$1.45

average price per square foot

Total rentals

Available rentals in Portsmouth

135

for rent on Zumper.com as of August 2026

Rent price distribution

Share of Portsmouth rentals at each price point

45%34%23%11%0%
$0 - $750
$751 - $1,500
$1,501 - $2,250
$2,251 - $3,000
$3,001+

Rent trends in Portsmouth, VA

Average rent prices in Portsmouth have increased by 2% over the last month and have increased by 3% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in Portsmouth, VA

Rent prices in Portsmouth vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Portsmouth is $1,365, whereas a house costs $2,125. 1-bedroom apartments in Portsmouth run $1,169 on average, while 2-bedroom apartments are $1,350.

Listings

Studio

$1,037

23%

20%

1 bedroom

$1,159

3%

11%

2 bedroom

$1,395

1%

2%

3 bedroom

$1,950

No Change

6%

4 bedroom

$2,395

5%

5%

Studio

Average rent

$1,037

Last 30 days

23%

Last year

20%

1 bedroom

Average rent

$1,159

Last 30 days

3%

Last year

11%

2 bedroom

Average rent

$1,395

Last 30 days

1%

Last year

2%

3 bedroom

Average rent

$1,950

Last 30 days

No Change

Last year

6%

4 bedroom

Average rent

$2,395

Last 30 days

5%

Last year

5%

The table above reflects average rent prices in Portsmouth, VA, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Portsmouth, VA compare to other cities?

Compare median rent prices in Portsmouth and Carrollton by all bedroom counts and property types.

Portsmouth

Median rent price$1,595
decreased by17%

lower than the national median

Median rent price$1,925

Equal to the the national median

Takeaway

The median rent for all rentals in Portsmouth, VA is 17% lower than the median rent in Carrollton, VA.

Discover rentals in Portsmouth, VA

Bains Pointe - Photo 1 of 1

1d ago

7.7

Very good

Bains Pointe

1100 High St, Portsmouth, VA 23704

2–3 beds

1–2 baths

$667–$2,007

Apartment for rent

300 Pullman Ave #24707 - Photo 1 of 1

5d+ ago

House for rent in Portsmouth

SINGLE_FAMILY - Portsmouth, VA

300 Pullman Ave #24707, Portsmouth, VA 23707

2 beds

1 bath

$1,000

House for rent

Holley Pointe - Photo 1 of 1

23h ago

6.5

Good

Holley Pointe

622 Effingham St, Portsmouth, VA 23704

2–3 beds

1–2 baths

$1,055–$1,850

Apartment for rent

12 Pollux Cir E #1 - Photo 1 of 1

5d+ ago

Apartment for rent in Portsmouth

Absolutely Adorable two bedroom is move in ready!

12 Pollux Cir E #1, Portsmouth, VA 23701

2 beds

1 bath

$1,100

Apartment for rent

Stay up to date with rental market insights

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Frequently asked questions for Portsmouth, VA

Quick answers to common questions about the Portsmouth rental market.

How much is rent in Portsmouth?

The average rent in Portsmouth is $1,595 per month as of August 8, 2026.

Is rent up or down in Portsmouth?

Average rent prices in Portsmouth have increased by 2% over the last month and have increased by 3% since last year.

How does Portsmouth rent compare to the national average?

Rent in Portsmouth is 17% below the national average, which means renters are paying approximately $330 less per month.

What salary do I need to afford rent in Portsmouth?

To comfortably afford rent in Portsmouth, you'd need to earn approximately $64,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Portsmouth?

Based on Zumper's July 2026 data, one-bedroom apartments in Portsmouth average around $1,170/month (down 2.9% year over year) and two-bedrooms approximately $1,390/month (up 3.8% from last year).

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).

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