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 July 2025, Portsmouth's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Portsmouth's average rent is 5.8% ($123) lower than the New Hampshire average of $2,138 and 13.5% ($240) higher than the U.S. average of $1,775.

Average Rent

$2,015

Monthly ChangeMonth Over Month Change

32.1% ($954)

Yearly ChangeYear Over Year Change

11.1% ($252)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$1,969	1.8% ($37)	2.3% ($46)
2 Beds	$2,250	6.8% ($165)	0.4% ($10)
3 Beds	$2,896	31.2% ($1311)	10.3% ($331)

Nearby Cities	Average Rent	Avg. Rent vs. PortsmouthAverage Rent vs. Portsmouth	Avg. Days on MarketAverage Days on Market
York	$2,158	7.1% ($143)	62 days
Durham	$2,138	6.1% ($123)	30 days
Newmarket	$2,427	20.4% ($412)	25 days
Dover	$2,163	7.3% ($148)	45 days
Hampton	$2,842	41% ($827)	30 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.

What is the average rent in Portsmouth, NH?

The average rent in Portsmouth, NH is $2,015 per month.

What is the rental price range for homes in Portsmouth, NH?

Homes in Portsmouth typically rent for between $1,378 and $3,765 per month, with an average of $2,015 per month.

What is the average rent for different bedroom sizes in Portsmouth, NH?

In Portsmouth, the average rent for a 1-bedroom home is $1,969 per month, for a 2-bedroom home, $2,250 per month, and a 3-bedroom home is $2,896 per month.

How do rent prices in Portsmouth, NH compare with the national average?

The average rent in Portsmouth is 13.5% ($240) higher than the national average of $1,775 per month.

How have rent prices in Portsmouth, NH changed recently?

The average rent in Portsmouth has decreased by 32.1% ($954) in the last month and decreased by 11.1% ($252) over the past year.

How competitive is the rental market in Portsmouth, NH?

The rental market in Portsmouth, NH, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Portsmouth, NH?

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.

How many rental properties are available in Portsmouth, NH?

There are currently 10 rental properties available in Portsmouth, NH.

Can I afford to rent a home in Portsmouth, NH?

Based on the current averages, a household would need an annual income of $90,000 to comfortably afford a 2-bedroom home in Portsmouth.