Portsmouth, NH Rental Market Trends
Last updated: November 18, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Portsmouth is $2,469, a 3.72% increase compared to the previous year, when the average rent was $2,381.
Studio Apartments at $1,533 offer the most budget-friendly option with 462 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 693 square feet for $2,265, balancing privacy and affordability.
Two-beedroom units at $2,623 offer 950 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,194 sq ft) for $2,424, suitable for larger households.
Average rent in Portsmouth, NH
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,469 | 887 sq. ft. |
| Studio | $1,533 | 462 sq. ft. |
| 1 Bed | $2,265 | 693 sq. ft. |
| 2 Beds | $2,623 | 950 sq. ft. |
| 3 Beds | $2,424 | 1,194 sq. ft. |
Portsmouth, NH rent trends
Rental prices in Portsmouth, NH have increased by 3.72% over the past year. The average rent moved from $2,381 to $2,469.
What's the typical rent budget in Portsmouth, NH?
The largest share of rentals in Portsmouth, NH (43%) fall between $2,001-$2,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Portsmouth, NH?
5,057 or 48% of the households in Portsmouth, NH are renter-occupied while 5,499 or 52% are owner-occupied.
How Portsmouth Compares to Other Cities
| City | Average Rent |
|---|---|
| Portsmouth | $2,469 |
| Manchester | $2,048 |
| Nashua | $2,158 |
| Dover | $1,822 |
| Haverhill, MA | $2,380 |
| Kittery, ME | $2,808 |
| Somersworth, NH | $1,739 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Portsmouth apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.