Rental market snapshot for Portsmouth, Virginia
Portsmouth, Virginia Rental Property Market Overview
Portsmouth, Virginia is a vibrant city located in the Hampton Roads region of the state. According to the US Census, the population of Portsmouth in 2021 is 97,840. The city is home to a diverse population, with a variety of cultural and recreational activities available. Portsmouth is known for its waterfront views, historical sites, and a variety of restaurants and shops. It is also home to a number of educational institutions, including the University of Virginia's College at Wise and Old Dominion University.
The average rent for an apartment in Portsmouth is $1,408. The cost of rent varies depending on several factors, including location, size, and quality.
The average rent has decreased by 0.95% over the past year.
Last Updated April 22, 2023
Get updates straight to your inbox
Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
Average monthly rent graph in Portsmouth Virginia | Cost of Living
- The most expensive ZIP code in Portsmouth is 23704 with an average price of $1,319
- The cheapest ZIP code in Portsmouth is 23707 with an average price of $1,095
Portsmouth ZIP codes with the highest, most expensive rent
| # | ZIP Code | Average Rent |
|---|---|---|
| 1 | 23704 | $1,319 |
Live near Portsmouth, Virginia's Top Sights and Attractions
Neighborhood Facility is a popular attraction located in Portsmouth, Virginia. It is a large outdoor park with a variety of activities for all ages. There is a large playground with swings, slides, and other play equipment, as well as a basketball court, tennis court, and a walking trail. The park also features a picnic area, a pond, and a pavilion. Neighborhood Facility is a great place to spend the day with family and friends, and it is a popular spot for local events and festivals.
City Park is a large outdoor recreational area located on the waterfront of a coastal city. It features a wide variety of activities, including walking and biking trails, a playground, picnic areas, and a large open grassy area for sports and other activities. The park also has a pier, which offers stunning views of the harbor and the city skyline. There are also several monuments and sculptures located throughout the park, as well as a large fountain.
Hunt Mapp Wilson Little League is a youth baseball and softball organization located in Portsmouth, Virginia. It offers a variety of programs for children of all ages, from tee-ball to competitive travel teams. The league also provides a safe and fun environment for children to learn the fundamentals of the game, as well as the importance of teamwork and sportsmanship. The facility features a full-size baseball diamond, batting cages, and a concession stand.
Bon Secours Green Space is a beautiful outdoor park located on the Elizabeth River in Portsmouth, Virginia. The park features a variety of activities and amenities, including a walking path, a playground, picnic tables, and a fishing pier. The park also offers stunning views of the river and the city skyline. Visitors can enjoy a peaceful stroll along the waterfront, or take part in a variety of activities such as fishing, kayaking, and bird watching. The park is also home to a variety of wildlife, including ducks, geese, and other birds.
Churchland Park is a large outdoor recreational area located in Portsmouth, Virginia. It features a variety of activities for visitors of all ages, including a playground, walking trails, picnic areas, and a fishing pond. The park also has a large open field, perfect for playing sports, and a pavilion for hosting events. The park is surrounded by lush greenery and is a great place to relax and enjoy the outdoors.
The Railroad Museum of Virginia is a unique attraction that celebrates the history of the railroad industry in the state. Visitors can explore a variety of interactive exhibits, including a model train layout, a collection of vintage locomotives, and a variety of artifacts from the railroad industry. The museum also offers educational programs and special events throughout the year.
The Children's Museum of Virginia is an interactive museum that offers hands-on exhibits and activities designed to engage and educate children of all ages. Visitors can explore a variety of exhibits, including a replica of a 19th-century general store, a life-size pirate ship, and a planetarium. The museum also offers a variety of educational programs, workshops, and special events.
Mary Veale And The Colonials is a historical attraction in Portsmouth, Virginia that celebrates the life of Mary Veale, a free African-American woman who lived in the city in the late 1700s. The attraction includes a museum, a theater, and a garden that tells the story of Mary's life and the African-American experience in Portsmouth. Visitors can learn about Mary's life and the history of the city through interactive exhibits, live performances, and educational programs.
Vam 2011 is an interactive museum experience located in Portsmouth, Virginia. It features a variety of interactive exhibits and activities that allow visitors to explore the history of the area. Visitors can explore the city's past through interactive displays, interactive games, and hands-on activities. The museum also features a variety of artifacts and memorabilia from the city's past. Visitors can also take part in a variety of educational programs and workshops.
Fort Nelson Park is a historic attraction located in Portsmouth, Virginia. It is situated on the Elizabeth River and offers stunning views of the river and the city skyline. The park features a large grassy area, a playground, a picnic area, and a walking path. It also has a historic fort, built in the late 1700s, which is open to the public for tours. The fort is a great place to learn about the history of the area and the role it played in the Revolutionary War.
Portsmouth, Virginia area median rent change by ZIP code map
Get updates straight to your inbox
Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
How does Portsmouth compare to other cities in Virginia ?
| city | median price |
|---|---|
| Chesterfield | $1,822 |
| Yorktown | $1,595 |
| Manassas Park | $1,849 |
| Chesterfield | $1,201 |
| Springfield | $2,125 |
| Midlothian | $1,774 |
| Harrisonburg | $1,570 |
| Richmond | $1,350 |
| Blacksburg | $1,400 |
Average household income in Portsmouth area graph - US Census
Get updates straight to your inbox
Whenever this data is updated, you'll be the first to know. Don't miss out on crucial market insights.
The median household income in Portsmouth in 2021 was $54,020. This represents a 16.6% change from 2011 when the median was $46,340.
| # | category | percent |
|---|---|---|
| 0 | Less than $10,000 | 7.9% |
| 1 | $10,000 to $14,999 | 3.8% |
| 2 | $15,000 to $19,999 | 5.2% |
| 3 | $20,000 to $24,999 | 6.4% |
| 4 | $25,000 to $29,999 | 4.5% |
| 5 | $30,000 to $34,999 | 4.9% |
| 6 | $35,000 to $39,999 | 5.2% |
| 7 | $40,000 to $44,999 | 5.6% |
| 8 | $45,000 to $49,999 | 3.7% |
| 9 | $50,000 to $59,999 | 9.4% |
| 10 | $60,000 to $74,999 | 11.3% |
| 11 | $75,000 to $99,999 | 13.2% |
| 12 | $100,000 to $124,999 | 8.2% |
| 13 | $125,000 to $149,999 | 4.5% |
| 14 | $150,000 to $199,999 | 3.5% |
| 15 | $200,000 or more | 2.6% |
