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housing costs · Virginia

Housing costs in Portsmouth city

What it costs to live here: rent, home values and the share of income rent takes.

FIPS 51740SOURCE: Census ACSEvery figure source-linked

Cite: FACTANKER, https://factanker.com/us/va/portsmouth-city/housing-costs

Median gross rent

Survey periodValueMargin of errorSource
2020–2024$1,300± $26evidence →
2019–2023$1,266± $36evidence →
2018–2022$1,225± $30evidence →
2017–2021$1,116± $19evidence →

Median home value

Survey periodValueMargin of errorSource
2020–2024$246,900± $5,361evidence →
2019–2023$229,400± $4,802evidence →
2018–2022$213,300± $4,896evidence →
2017–2021$182,700± $6,182evidence →

Rent as share of income

Survey periodValueMargin of errorSource
2020–202435.4 %± 2.0 %evidence →
2019–202334.5 %± 2.1 %evidence →
2018–202234.2 %± 1.7 %evidence →
2017–202133.5 %± 2.0 %evidence →

In context

Median rent in Portsmouth city is $1,300, above the Virginia median of $1,059 across 133 counties (2020–2024).

American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.

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