Rentometer, Inc. | Data as of 10/23/2025
Portsmouth, New Hampshire, blends historic charm with a vibrant waterfront lifestyle, making its rental market especially appealing to professionals, students, and retirees alike. The city’s compact layout offers easy access to iconic sites such as the Strawbery Banke Museum, Prescott Park, and the bustling Market Square, while neighborhoods like the North End and South End provide a mix of quiet streets and lively dining scenes. Those drawn to coastal living appreciate the short commute to nearby beaches and the ease of reaching downtown amenities by foot or bike.
Renters can choose from a diverse array of housing options, ranging from modern studio apartments in the heart of downtown—typically falling in the $2200s—to spacious three‑bedroom apartments that often exceed $3000. One‑bedroom units are commonly found in the $2400 range, appealing to individuals seeking a balance of space and affordability. For families or those desiring more room, the market includes well‑maintained houses, with two‑bedroom homes averaging around $3400 and larger four‑plus‑bedroom properties reaching the $4800s. These homes are often situated in established residential districts such as the historic Hilltop and the scenic Bay View, offering a suburban feel within city limits.
Overall, Portsmouth’s rental landscape reflects a blend of historic character and contemporary convenience. Whether you're looking for a stylish apartment steps from the harbor or a larger family home near top‑rated schools and parks, the city’s varied inventory and attractive amenities make it a sought‑after destination for renters across New England.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | Studio | $2,235 | $2,285 | $1,210 - $3,295 | $2,000 - $2,375 |
| Apartment | 1 Bedroom | $2,430 | $2,595 | $1,200 - $3,745 | $1,825 - $2,970 |
| Apartment | 2 Bedroom | $3,003 | $3,155 | $900 - $4,765 | $2,450 - $3,635 |
| Apartment | 3 Bedroom | $3,351 | $3,592 | $1,300 - $5,000 | $2,225 - $4,400 |
| House | 2 Bedroom | $3,376 | $3,050 | $1,250 - $6,000 | $2,650 - $4,250 |
| House | 3 Bedroom | $4,151 | $4,025 | $1,350 - $6,600 | $3,495 - $4,650 |
| House | 4+ Bedroom | $4,886 | $4,500 | $3,200 - $8,350 | $3,695 - $5,850 |
In the current period, the average rent in Portsmouth was $2,235 for Studio, $2,459 for 1 Bedroom, $3,105 for 2 Bedroom, $4,032 for 3 Bedroom, and $4,803 for 4+ Bedroom.
Data provided by Rentometer, Inc.