Apartments & Homes for Rent in 03801

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What to Know About

Life in Portsmouth & Beyond

Portsmouth shares many of the great qualities that make New Hampshire a desirable place to live.

New Hampshire, known as the "Granite State," is where breathtaking natural beauty, rugged coastline, and welcoming communities await. Dive into the state's rich cultural heritage by visiting the New Hampshire Historical Society and exploring the mysterious ancient ruins of America's Stonehenge, or broaden your horizons at esteemed institutions such as Dartmouth College and the University of New Hampshire. A diverse economy fueled by manufacturing, technology, and tourism propels New Hampshire forward, providing residents with a wide range of employment opportunities.

The state is a year-round paradise for outdoor enthusiasts, with the White Mountains providing a plethora of winter sports like skiing and snowboarding and lush forests for hiking and fishing during the summer. Also, visit world-famous attractions like the White Mountain National Forest, the Mount Washington Auto Road, the Squam Lakes Natural Science Center, and the charming city of Portsmouth, known for its lovely architecture and historic seaport.

With its unique blend of natural splendor and strong economy, New Hampshire is the perfect place to call home for those who seek a different northern experience and an active outdoor lifestyle.

Rental Market Trends

Portsmouth, NH

As of April 2025, Portsmouth's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Portsmouth's average rent is 42.3% ($883) higher than the New Hampshire average of $2,086 and 65.0% ($1,170) higher than the U.S. average of $1,799.

Average Rent
$2,969
Monthly ChangeMonth Over Month Change
Increased1.9% ($55)
Yearly ChangeYear Over Year Change
Increased28.9% ($666)
Avg. Days on MarketAverage Days on Market
30
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $2,006 Decreased6% ($128) Decreased1.1% ($22)
2 Beds $2,415 Decreased1.9% ($48) Increased5.4% ($123)
3 Beds $4,207 Increased0.5% ($19) Increased27.4% ($905)
Nearby Cities Average Rent Avg. Rent vs. PortsmouthAverage Rent vs. Portsmouth Avg. Days on MarketAverage Days on Market
York $2,038 Decreased31.4% ($931) 62 days
Newmarket $2,866 Decreased3.5% ($103) 25 days
Dover $2,228 Decreased25% ($741) 45 days
Hampton $1,921 Decreased35.3% ($1048) 30 days
South Berwick $2,559 Decreased13.8% ($410) 59 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Portsmouth Rental Market FAQs

Explore rental prices, market trends, and availability in Portsmouth, NH.

The average rent in Portsmouth, NH is $2,969 per month.
Homes in Portsmouth typically rent for between $1,404 and $5,469 per month, with an average of $2,969 per month.
In Portsmouth, the average rent for a 1-bedroom home is $2,006 per month, for a 2-bedroom home, $2,415 per month, and a 3-bedroom home is $4,207 per month.
The average rent in Portsmouth is 65% ($1,170) higher than the national average of $1,799 per month.
The average rent in Portsmouth has increased by 1.9% ($55) in the last month and increased by 28.9% ($666) over the past year.
The rental market in Portsmouth, NH, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Portsmouth, NH, the average rental stays on the market for approximately 30 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 4 rental properties available in Portsmouth, NH.
Based on the current averages, a household would need an annual income of $96,600 to comfortably afford a 2-bedroom home in Portsmouth.
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