Rent by ZIP · Portsmouth city
Rent in Portsmouth, VA 23702
HUD's FY2027 Small Area Fair Market Rent for a 2-bedroom here is $1,430 (-3.4% vs FY2026). Renters in this ZIP code pay a median $1,242 a month, including utilities.
Rent by number of bedrooms
| Size | SAFMR FY2027 | FY2026 | Change | Typical voucher range | Census median rent |
|---|---|---|---|---|---|
| Studio | $1,260 | $1,290 | -2.3% | $1,134–1,386 | – |
| 1 bedroom | $1,280 | $1,310 | -2.3% | $1,152–1,408 | $1,130 ±$136 |
| 2 bedrooms | $1,430 | $1,480 | -3.4% | $1,287–1,573 | $1,180 ±$54 |
| 3 bedrooms | $1,970 | $2,050 | -3.9% | $1,773–2,167 | $1,611 ±$146 |
| 4 bedrooms | $2,320 | $2,420 | -4.1% | $2,088–2,552 | $2,297 ±$101 |
Small Area FMRs for the Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area. Fair Market Rents include utilities. The voucher range is the typical 90–110% band; your housing authority sets the actual payment standard.
Area-wide FMR for Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area, 2 bedrooms: $1,667.
What renters pay in 23702
How rents are spread
Share of renter households paying cash rent, by monthly gross rent (rent plus utilities).
Nearby ZIP codes
| ZIP | Place | 2-bedroom FMR | Census median, 2 bedrooms |
|---|---|---|---|
| 23701 | Portsmouth | $1,520 | $1,272 |
| 23703 | Portsmouth | $1,590 | $1,385 |
| 23704 | Portsmouth | $1,560 | $1,275 |
| 23707 | Portsmouth | $1,320 | $1,144 |
| 23708 | Portsmouth | $1,590 | – |
| 23705 | Portsmouth | $1,500 | – |
Fair Market Rents across Portsmouth city, VA · All VA counties · What is Fair Market Rent?
Sources: HUD Small Area and county Fair Market Rents, FY2027 (effective October 1, 2026); U.S. Census Bureau, 2020–2024 ACS 5-year estimates. Census figures are survey estimates (±90% margin of error) and trail today's market. Place name from GeoNames. About the data.