Portsmouth, New Hampshire Rental Market Trends
Any shifts in rent prices brought forth by the COVID-19 pandemic are not yet reflected in the statistics on this page. Please bear this in mind when referencing the data below, as it may not accurately describe the current context of the Portsmouth, New Hampshire rental market.
Portsmouth, New Hampshire
Average Apartment Rent
$2,491
Y-o-Y Change in Average
Apartment Rent
3.4%
As of May 2026
Compared to a year ago, Portsmouth, New Hampshire apartments have recorded a 3.4% rent increase.
Portsmouth, New Hampshire Average apartment rent trend
Portsmouth, New Hampshire Average Apartment Rent
Portsmouth, New Hampshire Apartment rent ranges
At 45.02%, apartments priced $2,000 - $2,500 represent the bulk of Portsmouth, New Hampshire rentals, while condos priced $1,000 - $1,500 hold the lowest share of the market – 6.87%.
Portsmouth, New Hampshire Housing tenure**
Renters take up 48% of Portsmouth, New Hampshire real estate, occupying a total of 4,989 units, while homeowners live in 5,446 properties.
Median number of rooms of renter-occupied housing units**
3.8
Renter median household income**
$72,727
Average household size of renter-occupied housing units**
1.77
Rental vacancy rate**
2.9%
Portsmouth, New Hampshire Renter-occupied housing units by no. of bedrooms**
There are 2,393 rentals in Portsmouth, New Hampshire with 2 beds making up the highest share of the market, at 48%. Units with 5 or more beds, on the other hand, hold the lowest percentage (1%), amounting to 33 units. Overall, the median number of rooms in Portsmouth, New Hampshire homes for rent is 3.8.
Portsmouth, New Hampshire Renter-occupied units by age of householder**
Most condos for rent in Portsmouth, New Hampshire are occupied by residents in the 25 - 34 years age group (29%), followed by those in the 35 - 44 years age group (18%). At the same time, people in the 85 years and over age group make up the lowest share of the local rental market – 2%.
Portsmouth, New Hampshire Renter-occupied housing units by family type**
Portsmouth, New Hampshire Renter-occupied housing units by the presence of own children**
A total of 1,755 apartments for rent in Portsmouth, New Hampshire, or 35% of all rentals are family households. Additionally, 13% of rental homes include children under the age of 18 – that’s 644 units. All in all, the median size of a renter-occupied household in Portsmouth, New Hampshire is 1.77.
Portsmouth, New Hampshire Renter-occupied housing units by educational attainment**
In terms of education, renters holding bachelor degrees or higher make up 59% of the rental market. In contrast, residents with less than a high school degree reside in 5% of the homes for rent in Portsmouth, New Hampshire.
Portsmouth, New Hampshire Renter-occupied units by year structure built**
The highest share of Portsmouth, New Hampshire apartment rentals, namely 33% or 1,649 units, were Built 1939 or earlier, followed by those Built 1980 - 1989 (15%, 748 units), and the ones Built 1970 - 1979 (14%, 683 units).
Portsmouth, New Hampshire Renter-occupied units by year householder moved in**
Median year renter moved into unit 2017
Most Portsmouth, New Hampshire renters (39%) moved in 2010 to 2017, while only 1% of them moved in 1990 to 1999. Overall, the median year renters have occupied their Portsmouth, New Hampshire condos for rent is 2017.
Portsmouth, New Hampshire Renter-occupied housing units by vehicles available**
When it comes to transportation options, 54% of Portsmouth, New Hampshire renters have 1 vehicle available per household, 27% of them have 2 vehicles available, and 12% have No vehicle available.
Portsmouth, New Hampshire Means of transportation to work of householders living in renter-occupied housing units**
Portsmouth, New Hampshire Geographical mobility in the past year for householders living in renter-occupied housing units**
The rental statistics on this page were compiled using data provided by our sister company, Yardi Matrix, an apartment market intelligence solution which offers comprehensive information on all Portsmouth, New Hampshire apartment buildings 50 units or larger. Yardi Matrix covers ~80% of the U.S. metro area population, including over 80,000 properties and 15.2 million apartments across 124 U.S. markets.
*Average single-family rent calculated from point2homes.com data.
**Data sourced from U.S. Census Bureau; American Community Survey, 2022 American Community Survey 5-Year Estimates
