Portsmouth Homes for Rent
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We love our new rental so much! We were so surprised that we could afford a place in such a nice, safe neighborhood with such big rooms and a fireplace. - Portsmouth,VA
Portsmouth Homes for Rent
Moving to Portsmouth and looking to rent a house? There are a bunch of alternatives and you can come upon the most appropriate one with MyNewPlace's home rental search. Home rentals can provide more space than other housing options. Single family house, condo, or townhome - you can find the perfect rental home in the ideal locations of Portsmouth that will fit your housing needs. Have more questions about renting? Check out our Blog for all the answers!
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Portsmouth Market Trends
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Household Income
Household Income City State City Compared to State Less than $10,000 12.1% 7.9% +4.2% $10,000 to $14,999 7.6% 5.3% +2.3% $15,000 to $19,999 8.3% 5.5% +2.8% $20,000 to $24,999 7.8% 6.0% +1.8% $25,000 to $29,999 8.4% 6.1% +2.3% $30,000 to $34,999 7.3% 6.0% +1.3% $35,000 to $39,999 7.0% 5.8% +1.2% $40,000 to $44,999 6.1% 5.6% +0.5% $45,000 to $49,999 5.3% 5.0% +0.3% $50,000 to $59,999 8.9% 9.2% -0.3% $60,000 to $74,999 9.4% 11.1% -1.7% $75,000 to $99,999 6.9% 11.4% -4.5% $100,000 to $124,999 2.6% 6.2% -3.6% $125,000 to $149,999 0.8% 3.3% -2.5% $150,000 to $199,999 0.8% 3.0% -2.2% $200,000 or more 0.6% 2.7% -2.1% -
Cost of Living
Share of Household Income Spent on Rent City State City Compared to State Less than 10.0% 5.8% 6.0% -0.2% 10.0% to 14.9% 9.8% 12.1% -2.3% 15.0% to 19.9% 13.5% 15.5% -2.0% 20.0% to 24.9% 12.2% 13.8% -1.6% 25.0% to 29.9% 11.7% 10.9% +0.8% 30.0% to 34.9% 9.0% 7.6% +1.4% 35.0% to 39.9% 5.8% 5.1% +0.7% 40.0% to 49.9% 8.7% 6.3% +2.4% 50.0% or more 18.6% 14.9% +3.7% Not computed 4.9% 7.7% -2.8% -
Age Demographic of Renters
Age Demographic of Renters City State City Compared to State 15 to 24 years 12.9% 13.4% -0.5% 25 to 34 years 26.0% 30.0% -4.0% 35 to 44 years 23.2% 23.6% -0.4% 45 to 54 years 16.3% 14.4% +1.9% 55 to 64 years 8.6% 7.3% +1.3% 65 to 74 years 6.5% 5.2% +1.3% 75 to 84 years 5.0% 4.3% +0.7% 85 years and over 1.5% 1.7% -0.2% -
Travel Time to Work
Travel Time to Work City State City Compared to State Less than 30 minutes 42.9% 33.1% +9.8% 30 to 44 minutes 27.5% 25.4% +2.1% 45 to 59 minutes 9.5% 14.8% -5.3% 60 or more minutes 20.2% 26.7% -6.5%
Source: 2000 Census
Average Price to Lease a Home Property in Portsmouth, Virginia
| # Bedrooms | Jan | Dec | Nov | 3 Month % change |
|---|---|---|---|---|
| 1 Bed | N/A | $523 | $518 | 0% |
| 2 Bed | $970 | $898 | $1,045 | -7.2% |
| 3 Bed | $1,122 | $1,164 | $1,360 | -17.5% |
| 4 Bed | $1,519 | $1,645 | $1,448 | 4.9% |
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Houses for Rent in Cities Near Portsmouth, VA
MyNewPlace can help you find the Portsmouth, VA home rental that will work best for you. Using our rental home search, you can view townhomes or condos for rent if you want to live downtown, or check out the rental listings for single family house rentals in the surrounding areas. Try one of these cities below for more rental houses near Portsmouth, VA.