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Rental Market Trends in Portsmouth, NH

What is the average rent in Portsmouth, NH?

$2,330/month

Average Rent

695 Sq Ft

Average Apartment Size

+0.5%

Increase in the Last Year

As of April 2026, the average rent in Portsmouth, NH is $2,330 per month. This is 42% higher than the national average rent price of $1,641/month, making Portsmouth one of the most expensive cities in the US. When you rent an apartment in Portsmouth, you can expect to pay about $1,933 per month for a studio, $2,330 for a one-bedroom apartment, and around $2,469 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $2,825 or more.

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$1,933/month
534 Sq Ft
One Bedroom
$2,330/month
695 Sq Ft
Two Bedroom
$2,469/month
968 Sq Ft
Three Bedroom
$2,825/month
1,262 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Three Bedroom
$4,037/month
2,316 Sq Ft
Four Bedroom
$4,774/month
2,703 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$3,319/month
1,330 Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Two Bedroom
$2,835/month
1,230 Sq Ft

How much has average rent changed in Portsmouth, NH?

In the past year, rent has increased by 0.5%, which averages out to $13 more per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated April 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Portsmouth, NH
Last Updated April 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
15% $1,501 - $2,000/month
85% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Portsmouth?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
New Hampshire Beaches
$2,627/month
703 Sq Ft
Islington Street
$2,776/month
699 Sq Ft
Downtown Portsmouth
$2,946/month
730 Sq Ft

What are the most expensive neighborhoods in Portsmouth?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Downtown Portsmouth
$2,946/month
730 Sq Ft
Islington Street
$2,776/month
699 Sq Ft
New Hampshire Beaches
$2,627/month
703 Sq Ft

Which Portsmouth neighborhoods have the most rentals available?

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

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
New Hampshire Beaches
$2,627/month
703 Sq Ft
Downtown Portsmouth
$2,946/month
730 Sq Ft
Islington Street
$2,776/month
699 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 $2,330, you’ll want to make about $7,766 per month or $93,192 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

339 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.

Explore the Area Guide for Portsmouth, NH

Apartment Averages

New Hampshire Beaches

Portsmouth, NH

Downtown Portsmouth

Portsmouth, NH

Studio
$1,766/month
$1,892/month
One Bedroom
$1,986/month
$2,527/month
Two Bedroom
$2,262/month
$3,413/month
Three Bedroom
$2,778/month
$3,764/month
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Nearby City Rent Trends

  • Durham Average Rent

Apartment communities in Portsmouth we think you'll love

Seacoast Residences

Seacoast Residences

41 Seacoast Ter,
Kittery, ME 03904

$1,858 - $3,624

Studio - 2 Beds

Yokens of Portsmouth

Yokens of Portsmouth

951 Peverly Hill Rd,
Portsmouth, NH 03801

$4,650

3 Beds

West End Yards

West End Yards

35 Hodgdon Way,
Portsmouth, NH 03801

$2,290 - $3,895

Studio - 2 Beds

Sagamore Court

Sagamore Court

559-567 Sagamore Ave,
Portsmouth, NH 03801

$1,917 - $2,915

Studio - 2 Beds

Property Management Companies in Portsmouth, NH

The Dolben Company
The Dolben Company
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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 February 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