Apartments in Atlantic Heights Portsmouth

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1
$2,800
Portsmouth, NH
2 BR | Jan. 10, 2025
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North Mill Pond
1
$2,395
Portsmouth, NH
1 BR | Feb. 22, 2025
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Cat Friendly
Storage
Disability Access
Frank Jones
15
$2,200
Portsmouth, NH
1 BR | Available Now
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Dog Friendly
Cat Friendly
Frank Jones
24
$3,100
Kittery, ME
3 BR | Mar. 7, 2025
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Dog Friendly
House
Balcony/Deck/Patio
Dishwasher
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Portsmouth:
January Rent Report

Welcome to the January 2025 Portsmouth Apartment Report. In this assessment of the local rental market, Rentable data scientists and rental experts break down the January 2025 key findings and figures for the Portsmouth rental landscape.

Our experts analyze the pricing trends — one-bedroom, two-bedroom, year-over-year and month-over-month — in Portsmouth and surrounding areas and provide comparisons to the entire metro area, nearby cities and some of the most desirable and expensive cities in the United States. Take a look at the last 12 months of Portsmouth average rent prices in the chart below.

Monthly Rent Report

$2,700
$2,030
$1,350
$680
$0
Feb. 2024
Mar. 2024
Apr. 2024
May. 2024
Jun. 2024
Jul. 2024
Aug. 2024
Sep. 2024
Oct. 2024
Nov. 2024
Dec. 2024
Jan. 2025
1 BR       2 BR

Portsmouth Rent Prices Decrease From December to January

Portsmouth rent prices decreased over the last month. From December to January, the city experienced a -0.85% decrease for the price of a one-bedroom apartment. The rent price for a Portsmouth one-bedroom apartments currently stands at $1,991.0.

When we take a look at the two-bedroom comparison from December to January, Portsmouth experienced a -0.17% decrease for the price of a two-bedroom apartment. The rent price for a Portsmouth two-bedroom apartments currently stands at $2,325.0.

January Prices: Portsmouth vs. Surrounding Areas

Rent Prices in Portsmouth and Surrounding Areas

Rent prices have decreased in Portsmouth over the last month. But how have the surrounding areas fared when it comes to the recent volatility in apartment prices? Rent prices in 0 of the Portsmouth suburbs increased last month. On the other hand, 0 local areas experienced a decrease in the price of a one-bedroom apartment.

More key findings include:

  • Rents did not increase in any of the Portsmouth suburbs

  • Rents did not decrease in any of the Portsmouth suburbs.

January 2025 Pricing Trends: Portsmouth vs. National Comparisons

New York, NY
San Francisco, CA
Los Angeles, CA
Washington, DC
Chicago, IL
Columbus, OH
Minneapolis, MN
Pittsburgh, PA
$4,103
$3,142
$2,383
$2,341
$1,905
$1,282
$1,242
$1,219
$0
$1,350
$2,700
$4,050
$5,400
Median Rent

Portsmouth Rent Prices More Affordable Than Major Cities

Rent growth in Portsmouth over the past year has been declining. When compared to major cities nearby, along with some of the most expensive cities in the country, Portsmouth average rent prices appear to be relatively affordable for local residents.

The price for a Portsmouth one-bedroom apartment remains vastly more affordable than four of the largest cities in the United States — New York City, Washington, D.C. San Francisco and Los Angeles. And pricing compares quite similarly to nearby Midwest cities.

For more information about Portsmouth and surrounding area rent prices, take a look at the complete data set below.

Data set for Portsmouth and suburbs

1 BR January 1 BR M/M % Change 2 BR January 2 BR M/M % Change

Methodology

Each month, using over 1 million Rentable listings across the United States, we calculate the median 1-bedroom and 2-bedroom rent prices by city, state, and nation, and track the month-over-month percent change. To avoid small sample sizes, we restrict the analysis for our reports to cities meeting minimum population and property count thresholds.