Portsmouth, Portsmouth City, VA Housing Trends, Rent, Price-to-Rent

Market Summary

Portsmouth, Portsmouth City, VA

Median Home Price Price

$256,065 $256.1K

Median Monthly Rent Rent

$1,609 $1.6K

GRM

13.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Portsmouth, VA is $1,609, with MoM change +$9 and YoY change +$56 pointing to positive momentum while volatility is low (std $11).

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Metric

Base market Portsmouth, VA

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Delta vs base

Median rent

$1,609

N/A

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Median price

$256,065

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YoY change

+$56

N/A

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Price-to-rent

13.3x

Data unavailable

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