2026 Affordability Data
Most Affordable Neighborhoods in Portsmouth - 2026 Data
The median home value in Portsmouth is $213,300, 24% below nat'l avg. Median rent is $1,267/month. With an affordability index of 98, Portsmouth is less affordable than the national baseline of 100. We ranked 15 neighborhoods by affordability to help you find the best value in the Portsmouth, VA area.
Key Takeaways: Affordability in Portsmouth
- 1The most affordable neighborhood in Portsmouth is Purcellville, with a median home value of $570,600.
- 2Portsmouth's median home value is $213,300, 24% below nat'l avg (national: $281,900).
- 3Portsmouth's affordability index is 98 (baseline 100), making it less affordable than the national average.
- 4Median rent in Portsmouth is $1,267/month, 9% above nat'l avg (national: $1,163/month).
- 5We analyzed 15 neighborhoods in Portsmouth to find the most affordable areas based on home values, rent, and affordability index.
Portsmouth Affordability Overview
Median Home Value
$213,300
24% below nat'l avg
Median Rent
$1,267/mo
9% above nat'l avg
Median Income
$57,154
23% below nat'l avg
Affordability Index
98
Near nat'l avg
Most Affordable Neighborhoods in Portsmouth (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | PurcellvilleVA | $570,600 |
| 2 | PulaskiVA | $137,400 |
| 3 | ChesapeakeVA | $310,000 |
| 4 | RichmondVA | $280,000 |
| 5 | NorfolkVA | $225,000 |
| 6 | LynchburgVA | $196,000 |
| 7 | PoquosonVA | $406,700 |
| 8 | RoanokeVA | $162,000 |
| 9 | MartinsvilleVA | $82,800 |
| 10 | WilliamsburgVA | $385,600 |
| 11 | DanvilleVA | $102,000 |
| 12 | HamptonVA | $219,800 |
| 13 | AlexandriaVA | $655,700 |
| 14 | WarrentonVA | $421,000 |
| 15 | Falls ChurchVA | $938,500 |
Detailed Neighborhood Profiles
Home Value: $570,600
Rent: $1,063/mo
Affordability: 137
Population: 8,928
Walk Score: 0/100
Home Value: $137,400
Rent: $1,063/mo
Affordability: 137
Population: 8,982
Walk Score: 0/100
Home Value: $310,000
Rent: $1,245/mo
Affordability: 128
Population: 249,422
Walk Score: 10/100
4
Home Value: $280,000
Rent: $1,566/mo
Affordability: 120
Population: 226,610
Walk Score: 91/100
5
Home Value: $225,000
Rent: $1,625/mo
Affordability: 104
Population: 238,005
Walk Score: 79/100
6
Home Value: $196,000
Rent: $1,267/mo
Affordability: 98
Population: 79,166
Walk Score: 0/100
7
Home Value: $406,700
Rent: $1,267/mo
Affordability: 98
Population: 12,479
Walk Score: 0/100
8
Home Value: $162,000
Rent: $1,267/mo
Affordability: 98
Population: 99,213
Walk Score: 0/100
9
Home Value: $82,800
Rent: $1,267/mo
Affordability: 98
Population: 13,539
Walk Score: 0/100
10
Home Value: $385,600
Rent: $1,267/mo
Affordability: 98
Population: 15,486
Walk Score: 0/100
11
Home Value: $102,000
Rent: $1,267/mo
Affordability: 98
Population: 42,507
Walk Score: 0/100
12
Home Value: $219,800
Rent: $1,267/mo
Affordability: 98
Population: 137,217
Walk Score: 0/100
13
Home Value: $655,700
Rent: $1,267/mo
Affordability: 98
Population: 157,594
Walk Score: 0/100
14
Home Value: $421,000
Rent: $1,267/mo
Affordability: 98
Population: 10,111
Walk Score: 0/100
15
Home Value: $938,500
Rent: $1,267/mo
Affordability: 98
Population: 14,576
Walk Score: 0/100
Frequently Asked Questions About Affordability in Portsmouth
What is the most affordable neighborhood in Portsmouth, VA?▾
Based on 2026 data, Purcellville is the most affordable neighborhood in Portsmouth with a median home value of $570,600. Kurby analyzed 15 neighborhoods in the Portsmouth area to compile these rankings.
What is the median home price in Portsmouth, VA?▾
The median home price in Portsmouth is $213,300, which is 24% below nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Portsmouth affordable compared to the national average?▾
Portsmouth has an affordability index of 98, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Portsmouth, VA?▾
The median monthly rent in Portsmouth is $1,267. This is 9% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Portsmouth?▾
The median household income in Portsmouth is $57,154 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Portsmouth are below the national average home price?▾
8 out of 15 ranked neighborhoods in Portsmouth have a median home value below the national average of $281,900. The most affordable is Pulaski at $137,400 (Source: Kurby, 2026).