Portsmouth, VA

City

Rent in Portsmouth

Median Gross Rent

$1,300

Rent-to-Income Ratio

35.4%

Renter Share

42.1%

Median Renter Income

$39,942

Avg Household Size

2.4

Median Rent by Bedrooms

Median monthly rent by number of bedrooms. Shows how rent scales with unit size in the area.

No Bedroom: $1,261
1 Bedroom: $1,110
2 Bedrooms: $1,252
3 Bedrooms: $1,572
4 Bedrooms: $1,746
5+ Bedrooms: $2,303

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Gross Rent Distribution

How monthly rents are spread across the area. Helps you understand the typical rent range and where most units fall.

Under $1,000: 21.7%
$1,000-$1,500: 46.4%
$1,500-$2,000: 20.0%
$2,000-$2,500: 7.3%
$2,500+: 1.5%
No Cash Rent: 3.2%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Rent Burden

Share of renters spending a given portion of their income on rent. Spending 30%+ is considered cost-burdened by HUD standards.

Under 20% (comfortable): 19.6%
20-30% (moderate): 18.0%
30-50% (cost-burdened): 28.9%
50%+ (severely cost-burdened): 26.7%
Not Computed: 6.8%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Renters vs. Owners Median Income

Compares the median income of renter households to owner households in the same area.

Owner Households: $75,503
Renter Households: $39,942

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Contract Rent Distribution

Monthly rent before utilities. Compare with Gross Rent to estimate typical utility costs in the area.

Under $1,000: 40.8%
$1,000-$1,500: 42.6%
$1,500-$2,000: 11.6%
$2,000-$2,500: 1.6%
$2,500+: 0.2%
No Cash Rent: 3.2%

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources

Nearby Neighborhoods in Portsmouth

Neighborhood

Portsmouth, VA

West Norfolk / Pinehurst

River Park / Greenbrier

Pride Homes / Sterling Point

Southhampton / Edgefield

Data: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024·Sources