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Average Rent in Portsmouth 23704 & Rent Trends

Rent prices and market trends across 1 apartment community in Portsmouth 23704, Portsmouth, VA. Updated daily.

Market Average

$1,971/mo

Lowest Available

$1,619/mo

cheapest unit on market

Communities

1

tracked daily

Units Listed

4

available now

Portsmouth 23704 vs Portsmouth, VA Average

Portsmouth 23704 is cheaper the Portsmouth, VA average by $39/mo (2%). The citywide average is $2,010/mo across all neighborhoods.

Is Rent Going Up or Down in Portsmouth 23704?

As of June 2026, the average rent in Portsmouth 23704 is $1,971 per month across 1 apartment community and 4 available units.

The most affordable option is Nav850 starting at $1,619/mo. By unit type, a 1-bedroom averages $1,619/mo, a 2-bedroom averages $2,089/mo.

Prices range from $1,619 to $2,183 per month. The most common price point is the $2,000 range, where 2 units are currently listed.

Average Rent by Bedroom

Rent Price Distribution

Rent by Bedroom Type in Portsmouth 23704

1 Bed
$1,619
from $1,619 · 1 units
2 Bed
$2,089
from $1,919 · 3 units

Rent Prices by Apartment in Portsmouth 23704

Property Starting at Average Units Rating
Nav850 $1,619/mo $1,971/mo 4 2.9

Frequently Asked Questions About Rent in Portsmouth 23704

What is the average rent in Portsmouth 23704?
The average rent in Portsmouth 23704 is $1,971 per month as of June 2026, based on 4 units across 1 apartment communities.
Is rent going up or down in Portsmouth 23704?
We are collecting daily price snapshots to track rent trends in Portsmouth 23704. The current average rent is $1,971/mo.
What is the cheapest apartment in Portsmouth 23704?
The most affordable apartment in Portsmouth 23704 is Nav850 with units starting at $1,619/mo.
How much is a 1-bedroom apartment in Portsmouth 23704?
A 1-bedroom apartment in Portsmouth 23704 averages $1,619/mo, with prices starting at $1,619/mo across 1 available units.
How many apartments are available in Portsmouth 23704?
There are 4 units available across 1 apartment communities in Portsmouth 23704.

What salary do I need to live comfortably in Portsmouth 23704?

Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.

Minimum to afford average rent

$79,000/year

Based on the 30 percent rule, using our tracked average rent of $1,971/mo.

Comfortable income

$95,000/year

Based on the 25 percent rule, leaving more room for savings, transport, and groceries.

To afford the cheapest tracked apartment ($1,619/mo), you need to earn at least $65,000/year.

Cost of living in Portsmouth 23704

We only have live rent data for Portsmouth 23704 so far. The full cost of living breakdown (utilities, groceries, transportation, healthcare) is coming soon.

Category Monthly estimate
Rent (market average) $1,971
Estimated total $1,971/mo

Methodology

Rent data

Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.

Cost of living

Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.

Salary to live comfortably

Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.

Demographic figures

Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.

Cost of living and demographic figures are refreshed annually.

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