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Rental Market Trends in Portsmouth, NH

Updated July 2026

The average rent in Portsmouth, NH is $2,398/month.

Rent in Portsmouth is 44% higher than the national average rent of $1,662/month, making this one of the more expensive cities statewide.

$2,398/month

Average Rent

693 Sq Ft

Average Size

+1.8%

Change / Year

349

Available Apartments

Portsmouth rent varies by unit size and layout:

  • Studio apartments in Portsmouth average $1,980 per month.
  • One-bedroom apartments in Portsmouth average $2,398 per month.
  • Two-bedroom apartments in Portsmouth average $2,714 per month.
  • Three-bedroom apartments in Portsmouth average $2,969 or more per month.

Average Rent by Home Type

Bedrooms
Average Rent
Average Sq Ft
Studio
$1,980/month
534 Sq Ft
One Bedroom
$2,398/month
693 Sq Ft
Two Bedroom
$2,714/month
977 Sq Ft
Three Bedroom
$2,969/month
1,261 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$3,886/month
1,546 Sq Ft
Three Bedroom
$4,350/month
2,182 Sq Ft
Four Bedroom
$6,081/month
2,834 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
One Bedroom
$2,516/month
724 Sq Ft
Two Bedroom
$3,242/month
1,170 Sq Ft
Three Bedroom
$3,700/month
1,669 Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Two Bedroom
$2,665/month
1,166 Sq Ft
View Portsmouth Apartments

How much has average rent changed in Portsmouth, NH?

In the past year, rent has increased by 1.8%, which averages out to $44 more per month.

Market Trends Over Time

July 2026

2025 2026
Market Trends Over Time

Rent Ranges in Portsmouth, NH

July 2026
Above $2,000
Most rental prices fall within this range
Rent Ranges in Portsmouth, NH
Percentage*
Rent Range
0% Below $700/month
0% $700 - $1,000/month
0% $1,001 - $1,500/month
9% $1,501 - $2,000/month
91% Above $2,000/month

Rent by Neighborhood

  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Portsmouth?

Based on current rent prices, New Hampshire Beaches and Downtown Portsmouth" are the most affordable neighborhoods in Portsmouth.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
New Hampshire Beaches
$2,711/month
720 Sq Ft
Downtown Portsmouth
$2,913/month
725 Sq Ft

What are the most expensive neighborhoods in Portsmouth?

Based on current rent prices, Downtown Portsmouth and New Hampshire Beaches" are the most expensive neighborhoods in Portsmouth.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Portsmouth
$2,913/month
725 Sq Ft
New Hampshire Beaches
$2,711/month
720 Sq Ft

Which Portsmouth neighborhoods have the most rentals available?

The neighborhoods in Portsmouth with the most apartments available are New Hampshire Beaches and Downtown Portsmouth" .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
New Hampshire Beaches
$2,711/month
720 Sq Ft
Downtown Portsmouth
$2,913/month
725 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Portsmouth, NH?

Because the average rent in Portsmouth is $2,398, you’ll want to make about $7,993 per month or $95,916 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.

City

Portsmouth, NH

349 Available Apartments for Rent

Search for Nearby Apartments

How does Portsmouth, NH compare to other nearby cities and neighborhoods?

Use the tool below to compare Portsmouth, NH to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.

View the Portsmouth Area Guide

Apartment Averages

New Hampshire Beaches

Portsmouth, NH

Downtown Portsmouth

Portsmouth, NH

Studio
$1,772/month
$1,978/month
One Bedroom
$2,066/month
$2,586/month
Two Bedroom
$2,448/month
$3,474/month
Three Bedroom
$2,920/month
$3,946/month
View Rentals
View Rentals

Apartment Communities in Portsmouth We Think You'll Love

Seacoast Residences

Seacoast Residences

41 Seacoast Ter,
Kittery, ME 03904

Studio - 2 Beds | $1,858 - $3,023

Sage Portsmouth

Sage Portsmouth

2422 Lafayette Rd,
Portsmouth, NH 03801

1-2 Beds | $3,300 - $4,100

Yokens of Portsmouth

Yokens of Portsmouth

951 Peverly Hill Rd,
Portsmouth, NH 03801

3 Beds | $4,650

Sagamore Court

Sagamore Court

559-567 Sagamore Ave,
Portsmouth, NH 03801

Studio - 2 Beds | $1,886 - $3,213

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Frequently Asked Questions

What is the average rent in Portsmouth?

The average rent in Portsmouth is $2,398 per month, which is 44.3% higher than the national average of $1,662.

What is the average rent for a house in Portsmouth?

The average rent for a house in Portsmouth, NH is $4,350 per month.

What is the average rent for a townhome in Portsmouth?

The average rent for a townhome in Portsmouth, NH is $2,665 per month.

What is the average rent for a condo in Portsmouth?

The average rent for a condo in Portsmouth, NH is $2,516 per month.

Are rents going up or down in Portsmouth?

Rents in Portsmouth, NH are increasing, with prices up 1.8% year-over-year and $44 more per month.

What rent range is most common in Portsmouth?

In Portsmouth, NH, 91% of apartments fall above $2,000/month, though prices may vary depending on location and other factors.

United States New Hampshire Portsmouth Rental Trends

Methodology

† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.

Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.

Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc.

Equal Housing Opportunity