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    Average Rent in Portsmouth, VA (2026)

    The average 1-bedroom rent in Portsmouth, VA is $1,390/month as of 2026, based on HUD data across 6 ZIP codes. Rents have changed +3.8% year over year. Rents range from $1,240 to $1,490.

    Average Rent · 1-Bedroom

    $1,390/mo

    Source: HUD Fair Market Rent · 6 zip codes

    Year-over-Year

    ↑ +3.8%

    Source: Apartment List, Zillow ZORI, HUD Fair Market Rent

    Data through

    The average 1-bedroom rent in Portsmouth, VA is $1,390/month according to HUD FY2026 Fair Market Rent data, covering 6 ZIP codes. Rents have increased 3.8% year-over-year. The average 1-bedroom rent in Portsmouth is 16% above the national average of $1,196/month.

    Average rent in Portsmouth, VA ranges from $1,240 to $1,490 across 6 ZIP codes.

    Based on local market data, a fair rent increase in Portsmouth, VA is approximately 3.8% for 2026. An increase above 3.8% exceeds the local market trend and may be worth negotiating.

    Key Facts

    Average 1-BR rent: $1,390/mo
    Year-over-year change: +3.8%
    Coverage: 6 ZIP codes
    Data source: HUD Small Area FMR FY2026
    vs. national avg: 16% above ($1,196/mo)

    Sources: Apartment List, Zillow ZORI, HUD Fair Market Rent, HUD SAFMR, Rentcast. Updated February 2026.

    How much is rent in Portsmouth, VA?

    The average 1-bedroom rent in Portsmouth, VA is $1,390/month as of 2026, based on HUD data across 6 ZIP codes. Rents range from $1,240 to $1,490 depending on neighborhood — a $250/month spread. To afford this at the 30% rule, a household would need approximately $55,600/year.

    Is rent going up in Portsmouth?

    Rents in Portsmouth have increased 3.8% year over year based on local market data. This suggests a relatively stable rental market.

    What is a fair rent increase in Portsmouth?

    Based on local market data, a rent increase around 3.8% is in line with the Portsmouth market for 2026. An increase above that level exceeds the local trend and may be worth pushing back on. Check your specific increase with RenewalReply's free rent analysis tool.

    Rent Trends in Portsmouth

    +3.8%

    Rents in Portsmouth are rising at +3.8% year-over-year.

    − Estimated trend

    Market sources range from +2.6% to +5.9%

    Why the range? Zillow ZORI tracks what landlords are asking for units (+5.9%), while Apartment List tracks what renters actually sign leases at (+2.6%).Landlords are asking more than renters are paying — this suggests renters may have negotiating leverage in Portsmouth right now.

    Sources: Apartment List, Zillow ZORI, HUD Fair Market Rent

    What Should Rent Cost in Portsmouth?

    Typical rent ranges based on HUD benchmarks and market data. In areas with limited listing data, ranges reflect federal benchmarks and may be wider than actual market conditions.

    Studio$1,372 – $1,613

    A studio in Portsmouth typically rents for $1,372 – $1,613.

    Rents above $1,855 are in the top 25% for this area.

    1-Bedroom$1,390 – $1,635

    A 1-bedroom in Portsmouth typically rents for $1,390 – $1,635.

    Rents above $1,880 are in the top 25% for this area.

    2-Bedroom$1,572 – $1,852

    A 2-bedroom in Portsmouth typically rents for $1,572 – $1,852.

    Rents above $2,130 are in the top 25% for this area.

    3-Bedroom$2,178 – $2,569

    A 3-bedroom in Portsmouth typically rents for $2,178 – $2,569.

    Rents above $2,954 are in the top 25% for this area.

    4-Bedroom$2,568 – $3,024

    A 4-bedroom in Portsmouth typically rents for $2,568 – $3,024.

    Rents above $3,478 are in the top 25% for this area.

    Federal Rent Benchmarks for Portsmouth

    HUD Fair Market Rents are federal rent benchmarks published annually by HUD. They provide a consistent baseline for comparing rents across areas.

    Studio

    $1,372

    HUD Fair Market Rent

    1-Bedroom

    $1,390

    HUD Fair Market Rent

    2-Bedroom

    $1,572

    HUD Fair Market Rent

    3-Bedroom

    $2,178

    HUD Fair Market Rent

    4-Bedroom

    $2,568

    HUD Fair Market Rent

    Source: HUD SAFMR FY2026 · Updated

    Zip Codes in Portsmouth

    Click any zip code for detailed rent data including zip-specific SAFMR rates, nearby comparables, and a free rent increase check.

    Zip Code1-BR SAFMR
    23708$1,490
    23703$1,460
    23704$1,450
    23701$1,390
    23702$1,310
    23707$1,240

    SAFMR rates are zip-specific.

    How Does Portsmouth Compare?

    Questions about rent in Portsmouth

    What is the average 1-bedroom rent in Portsmouth, VA?

    The average 1-bedroom fair market rent in Portsmouth, VA is $1,390/month as of 2026, based on HUD rent data across 6 ZIP codes in the city. This is 16% above the national average of $1,196/month. Rents range from $1,240 to $1,490 depending on ZIP code.

    What is a fair rent increase in Portsmouth?

    A rent increase up to about 3.8% is broadly in line with the recent market trend in Portsmouth. Increases above that level are above trend and should be tested against neighborhood-level pricing and comparable rentals. The current average 1-BR rent is $1,390/month.

    Are rents going up or down in Portsmouth?

    Rents in Portsmouth have increased 3.8% year over year based on local market data. This reflects local market conditions across 6 ZIP codes in the Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area area.

    How much do rents vary across Portsmouth?

    1-bedroom rents across Portsmouth range from $1,240 to $1,490 on this page, a $250/month spread. This shows that rent can vary materially across ZIP codes within the same city, reflecting neighborhood-level differences in housing stock and demand.

    Can my landlord raise my rent in Portsmouth?

    We could not identify a city-specific rent cap for Portsmouth. Landlords must still follow applicable state and local notice rules before raising rent at lease renewal. Requirements vary — check your state's landlord-tenant statute for specifics on notice periods and timing.

    How much should I spend on rent in Portsmouth?

    The general guideline is to spend no more than 30% of your gross income on rent. With average 1-bedroom rent in Portsmouth at $1,390/month, a household would need approximately $55,600/year in gross income to afford this comfortably. Many renters in high-cost areas spend above this threshold — our free tool can help you assess whether your specific rent is fair for your ZIP code.

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    Renter Tools

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    Market data updated monthly from public and third-party sources. Actual rents vary by unit, building, and lease terms. For informational purposes only — not legal or financial advice. See methodology →