What is the average apartment size in Portsmouth?

The average size for a Portsmouth, VA apartment is 858 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Portsmouth?

As of Oct / 2025, the average rent in Portsmouth is $1,359 per month, a 2.22% increase from last year’s average of $1,330.

How much does rent cost by apartment size in Portsmouth?

In Portsmouth, studios rent for $897 per month, one-bedroom units average $1,260 per month, two-bedrooms cost around $1,388 per month, and three-bedroom apartments rent for about $1,535 per month

What is the average apartment size in Portsmouth?

The typical apartment in Portsmouth offers about 858 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

How large are apartments by bedroom count in Portsmouth?

Studio apartments in Portsmouth average 456 sq. ft., one-bedrooms offer 681 sq. ft., two-bedrooms are about 920 sq. ft., and three-bedroom apartments average 1,076 sq. ft.

What are the most affordable neighborhoods in Portsmouth?

The most affordable neighborhoods in Portsmouth include Collinswood ($1,337/month), Olde Towne Portsmouth ($1,521/month), and Downtown Portsmouth ($1,581/month), all below the citywide average of $1,359.

Portsmouth, VA Rental Market Trends

Q: What's the typical rent budget in Portsmouth?

The typical rent budget in Portsmouth ranges from $1,001 to $1,500 per month, with 65% of rentals in this range.

Q: Do most people rent or own in Portsmouth?

In Portsmouth, 43% of households rent while 57% own their homes, based on the latest U.S. Census data.

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 $1,359, a 2.22% increase compared to the previous year, when the average rent was $1,330.

Studio Apartments at $897 offer the most budget-friendly option with 456 square feet, ideal for single renters prioritizing location over space.

One-bedroom apartments provide 681 square feet for $1,260, balancing privacy and affordability.

Two-beedroom units at $1,388 offer 920 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,076 sq ft) for $1,535, suitable for larger households.

Average rent in Portsmouth, VA

Last updated: November 18, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,359	858 sq. ft.
Studio	$897	456 sq. ft.
1 Bed	$1,260	681 sq. ft.
2 Beds	$1,388	920 sq. ft.
3 Beds	$1,535	1,076 sq. ft.

Portsmouth, VA rent trends

Rental prices in Portsmouth, VA have increased by 2.22% over the past year. The average rent moved from $1,330 to $1,359.

What's the typical rent budget in Portsmouth, VA?

The largest share of rentals in Portsmouth, VA (65%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Portsmouth, VA?

17,121 or 43% of the households in Portsmouth, VA are renter-occupied while 22,557 or 57% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

Most affordable neighborhoods in Portsmouth?

Collinswood $1,337/month

Olde Towne Portsmouth $1,521/month

Downtown Portsmouth $1,581/month

All of these neighborhoods fall below the city wide average of $1,359/month.

Average Rent in Portsmouth, VA By Neighborhood

Neighborhood	Average Rent
Downtown Portsmouth	$1,581
Olde Towne Portsmouth	$1,521
Collinswood	$1,337

Portsmouth | Rent Comparison by Neighborhood

Rent in Collinswood is 15% lower than in Downtown Portsmouth

$1,337

Collinswood rent is 2% lower than Portsmouth average

Average Rent $1,337

$1,581

Downtown Portsmouth rent is 16% higher than Portsmouth average

Average Rent $1,581

How Portsmouth Compares to Other Cities

City	Average Rent
Portsmouth	$1,359
Richmond	$1,583
Arlington	$2,667
Alexandria	$2,158
Charlottesville	$2,091
Newport News	$1,424
Norfolk	$1,552
Virginia Beach	$1,728
Roanoke	$1,328
Woodbridge	$2,080
Henrico	$1,581
Chesapeake	$1,761
Hampton	$1,504
Suffolk	$1,811
Elizabeth City, NC	$1,571
Yorktown, VA	$1,832
Carrollton, VA	$1,700

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.