Portsmouth, Virginia, is a bustling city located on the Elizabeth River in the Hampton Roads metropolitan area. It is a great place for those looking for a city with a rich history, a bustling economy, and a variety of rental opportunities.
One of the primary draws to Portsmouth is the quality of its school system. The city is served by the Portsmouth Public Schools, which offer a range of high-quality educational opportunities for students of all ages. Portsmouth is also home to Tidewater Community College, a two-year community college that serves the Hampton Roads area.
As far as neighborhoods go, there are a variety of options in Portsmouth. Olde Towne is one of the most popular neighborhoods and offers a mix of historic homes and new construction. It is a great place to live if you are looking for a neighborhood with a traditional feel. Additionally, Cedar Grove is a great option for those looking for new construction and modern amenities.
When it comes to rental prices in Portsmouth, the average monthly rent is around $1,400 per month. This price varies depending on the size of the property and the amenities that are included. Additionally, rental prices can be affected by the neighborhood in which the property is located.
The average rental prices of apartments, townhouses, condos, lofts, and single family homes in Portsmouth, VA are as follows:
Apartments: $1,027 per month
Townhouses: $1,228 per month
Condos: $1,138 per month
Lofts: $1,125 per month
Single Family Homes: $1,490 per month
Rental prices in Portsmouth, VA have risen significantly over the last five years. In 2016, the median rent for a one bedroom apartment was $769, while in 2021 it is $955, an increase of 24%. The median rent for a two bedroom apartment has increased from $873 to $1,115, a 27% increase. These increases are higher than the national average, which is 17% for one bedroom apartments and 19% for two bedroom apartments.
1-Bedroom: $1,150
2-Bedroom: $1,300
3-Bedroom: $1,500
Portsmouth Public Schools (PPS) is an urban school district located in the city of Portsmouth, Virginia. Compared to the rest of the United States, PPS has higher test scores, graduation rates, and college-going rates. The district also has a lower dropout rate, lower student-teacher ratio, and lower percentage of students eligible for free or reduced price lunch. Additionally, PPS has a higher enrollment rate and higher per-pupil spending than the national average.
1. Olde Towne
2. Churchland
3. Western Branch
4. Bowers Hill
5. Midtown Portsmouth
1. Port Norfolk
2. Olde Towne
3. Churchland
4. Park View
5. High Street Station