What percentage of people rent in Portsmouth, VA?
42.1% (±1.8 points) of the occupied homes in Portsmouth, VA are rented (2020–2024 American Community Survey).
That is 16,944 renting households against 23,344 that own their home.
In Portsmouth, the share of households that rent went from 45.0% in 2015–2019 to 42.1% in 2020–2024 (−2.9 percentage points), a measurable decrease.
Figures last updated on .
- Households that rent
- 42.1% (±1.8 points)
- Renting households
- 16,944 (±746)
- Median renter income
- $39,942 (±$4,075)
Who rents and who owns in Portsmouth
| Portsmouth | Portsmouth city | Virginia | United States | |
|---|---|---|---|---|
| Renter-occupied share | 42.1% (±1.8 points) | 42.1% (±1.8 points) | 32.7% (±0.3 points) | 34.8% |
| Renting households | 16,944 (±746) | 16,944 (±746) | 1,099,123 (±8,702) | 45,017,354 |
| Owning households | 23,344 (±803) | 23,344 (±803) | 2,266,609 (±13,049) | 84,210,142 |
| Average renter household size | 2.4 (±0.1) | 2.4 (±0.1) | 2.3 (±0.0) | 2.3 |
| Average owner household size | 2.3 (±0.1) | 2.3 (±0.1) | 2.6 (±0.0) | 2.6 |
| Median renter household income | $39,942 (±$4,075) | $39,942 (±$4,075) | $60,343 (±$529) | $52,966 |
| Median owner household income | $75,503 (±$2,348) | $75,503 (±$2,348) | $114,147 (±$479) | $100,009 |
In Portsmouth, the renter share is not measurably different from Portsmouth city (42.1%).
It is also higher than in Virginia (32.7%).
It is higher than the national figure (34.8%).
Statewide, it ranks 116 of 464.
Rankings use the estimates alone; where margins of error overlap, neighboring ranks may not truly differ.
How renting in Portsmouth has changed since 2015–2019
| 2015–2019 | 2020–2024 | Amount of change | Verdict | |
|---|---|---|---|---|
| Households that rent | 45.0% (±1.4 points) | 42.1% (±1.8 points) | −2.9 percentage points | Measurable decrease |
| Median gross rent | $1,048 (±$18) | $1,300 (±$26) | +24.0% | No measurable change after inflation |
| Median household income | $52,175 (±$1,675) | $60,491 (±$1,948) | +15.9% | Down after inflation |
The Census Bureau publishes 2015–2019 dollars in 2019 dollars and 2020–2024 dollars in 2024 dollars.
Prices (the CPI-U, US Bureau of Labor Statistics) rose 22.7% between 2019 and 2024, so a dollar figure’s verdict compares the two after raising the earlier one by that much, using the Census Bureau’s test for a difference.
The two periods do not overlap, as the Census Bureau recommends for 5-year estimates.
Households that rent in places near Portsmouth
| Place | Distance | Households that rent | Compared with this place |
|---|---|---|---|
| Portsmouth | — | 42.1% (±1.8 points) | — |
| Norfolk | 7.6 mi | 53.7% (±1.4 points) | Higher |
| Carrollton | 11 mi | 30.9% (±6.1 points) | Lower |
| Chesapeake | 13 mi | 25.6% (±1.3 points) | Lower |
| Hampton | 13 mi | 43.1% (±1.6 points) | Not measurably different |
| Benns Church | 14 mi | 6.7% (±7.8 points) | Lower |
| Smithfield | 16 mi | 17.7% (±5.7 points) | Lower |
| Bethel Manor | 17 mi | 100.0% (±3.0 points) | Higher |
| Newport News | 18 mi | 51.8% (±1.4 points) | Higher |
Nearby places with a measurably lower figure: Carrollton, VA (30.9%), Chesapeake, VA (25.6%), Benns Church, VA (6.7%).
Nearby places with a measurably higher figure: Norfolk, VA (53.7%), Bethel Manor, VA (100.0%), Newport News, VA (51.8%).
Distance is measured in a straight line between the Census Bureau’s internal points for each place.
Survey years: 2020–2024 (American Community Survey 5-year estimates), compared with 2015–2019.
Margins of error are at the 90% confidence level.
What you can do on Seayora in Portsmouth
One account for renting, owning, managing and fixing homes, with these figures beside you.
Looking for a place to rent?
Browse homes for rent near Portsmouth, save the ones you like and apply online.
Browse rentals · Create a renter account
Own or manage a rental?
List it, sign the lease and collect rent online, with the figures for Portsmouth beside you.
Create a landlord account · See what landlords get
Do repairs, renovations or maintenance?
Get found by owners and renters near Portsmouth, and send estimates and invoices from your phone.
Questions about Portsmouth
How many renters are there in Portsmouth?
Portsmouth has an estimated 16,944 (±746) renting households, 42.1% of its occupied homes (2020–2024 American Community Survey).
Is renting growing in Portsmouth?
In Portsmouth, the share of households that rent went from 45.0% in 2015–2019 to 42.1% in 2020–2024 (−2.9 percentage points), a measurable decrease.
How big are renting households in Portsmouth?
A renting household in Portsmouth has 2.4 people on average, against 2.3 in an owned home.
How much do renters earn in Portsmouth?
The median renting household in Portsmouth, VA has an income of $39,942 (±$4,075) a year, against $75,503 for households that own their home.
Sources
- Selected Housing Characteristics (DP04), 2020–2024 ACS 5-year estimates — Portsmouth city, Virginia
- Median Household Income by Tenure (B25119), 2020–2024 ACS 5-year estimates — Portsmouth city, Virginia
- Selected Housing Characteristics (DP04), 2015–2019 ACS 5-year estimates — Portsmouth city, Virginia
- Median Gross Rent (B25064), 2015–2019 ACS 5-year estimates — Portsmouth city, Virginia
- Median Household Income (B19013), 2015–2019 ACS 5-year estimates — Portsmouth city, Virginia
- Consumer Price Index for All Urban Consumers (CPI-U), US city average, all items, US Bureau of Labor Statistics: annual averages 2019 and 2024
To check these figures in the Census Bureau’s own API, request the variables below from the 2024 ACS 5-year data profile (acs/acs5/profile) and detailed tables (acs/acs5) for Portsmouth city, Virginia (place:64000, in state:51).
Each estimate (E or PE) has a margin of error beside it (M or PM).
The 2015–2019 figures are DP04_0047PE, DP04_0047PM, B25064_001E, B25064_001M, B19013_001E, B19013_001M from the 2019 release.
The API needs a free key.
DP04_0047PE, DP04_0047PM, DP04_0047E, DP04_0047M, DP04_0046E, DP04_0046M, DP04_0049E, DP04_0049M, DP04_0048E, DP04_0048M, B25119_003E, B25119_003M, B25119_002E, B25119_002M
This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.
Figures are published by the US Census Bureau, HUD, the Bureau of Labor Statistics and the FBI; Seayora reproduces them and does not adjust them, except where a sentence says it compares dollar figures after inflation. They describe the whole place, not any one building or street, and are not an appraisal, a rent determination, a tax bill, a safety rating or legal advice.
Figures last updated on .
Related
- Housing in Portsmouth at a glance
- Median rent in Portsmouth
- Rent by bedrooms in Portsmouth
- Rent burden in Portsmouth
- Income and affordability in Portsmouth
- Home values in Portsmouth
- Homeowner costs in Portsmouth
- Property taxes in Portsmouth
- Types of homes in Portsmouth
- Bedrooms in Portsmouth
- Age of homes in Portsmouth
- Vacancy rate in Portsmouth
- Heating fuel in Portsmouth
- Commute and cars in Portsmouth
- Crime reported to police in Portsmouth
- Population growth in Portsmouth
- How long people stay in Portsmouth
- Crowding and facilities in Portsmouth
- Fair Market Rent in Portsmouth
- Virginia landlord and tenant rules
- Housing across Portsmouth city
- Virginia places ranked by share of renters
- Housing data for every place in Virginia