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These days, finding an affordable place to live in the Portsmouth area can be challenging. Home prices in Portsmouth are now at a median cost of $192,457, lower than the Iowa average of $226,062.
The average cost of rent is $692/mo in Portsmouth, primarily driven by the current value of real estate in the Portsmouth area. In Portsmouth, 16.53% of households rent, and 24.38% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Portsmouth is $8,148 per month. Households that rent pay about 8.49% of their income on rent here. Portsmouth’s most expensive areas are in the southwestern regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Panama, IA: less expensive homes
- Persia, IA: higher priced homes
- Tennant, IA: equally priced homes
- Westphalia, IA: less expensive homes
- Shelby, IA: equally priced homes
- Woodbine, IA: equally priced homes
- Earling, IA: less expensive homes
- Harlan, IA: less expensive homes
- Logan, IA: higher priced homes
- Minden, IA: higher priced homes
Cities with Similar Populations
- Brookvale, CO: higher priced homes
- Wheelerville, MO: higher priced homes
- Whalan, MN: higher priced homes
- Westwood, IN: equally priced homes
- Westport Point, MA: higher priced homes
- West Fort Ann, NY: higher priced homes
- West Bend, NC: higher priced homes
- Wauconda, WA: higher priced homes
- Buckeye, LA: equally priced homes
- Bryant, WI: equally priced homes
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