Portsmouth city, VA

2025 Fair Market Rents

Tags: 2025 Virginia Beach-Norfolk-Newport News, VA-NC HUD Metro FMR Area

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Return to the state page to see where Virginia ranks nationally and to view information on other counties. Click on the map to view a different county.

The top one largest cities in Portsmouth city are Portsmouth. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Portsmouth city use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Portsmouth city is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Portsmouth city compare?

Portsmouth city ($1,696) has a 26.1% higher FMR for 2-Bedroom housing than the average of Virginia ($1,345) and therefore a higher gross rent.

Portsmouth city is rank 36th out of 133 counties. This means the FMRs, or in other words, the gross rent is higher than 97 other counties. Portsmouth city is the 36th most expensive county in terms of FMRs.

Rent Tables Portsmouth city, VA

Fair Market Rent (40th Percentile)

$1,475
studio
$1,483
1-Bedroom
$1,696
2-Bedroom
$2,361
3-Bedroom
$2,809
4-Bedroom

Median Rent (50th Percentile)

$1,585
studio
$1,594
1-Bedroom
$1,823
2-Bedroom
$2,538
3-Bedroom
$3,019
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
23701 $1,370 $1,380 $1,580 $2,200 $2,620
23704 $1,350 $1,360 $1,550 $2,160 $2,570
23705 $1,350 $1,360 $1,550 $2,160 $2,570
23707 $1,230 $1,240 $1,420 $1,980 $2,350
23708 $1,430 $1,440 $1,640 $2,280 $2,710
23709 $1,320 $1,330 $1,510 $2,110 $2,510
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
23701 $1,233 $1,242 $1,422 $1,980 $2,358
23704 $1,215 $1,224 $1,395 $1,944 $2,313
23705 $1,215 $1,224 $1,395 $1,944 $2,313
23707 $1,107 $1,116 $1,278 $1,782 $2,115
23708 $1,287 $1,296 $1,476 $2,052 $2,439
23709 $1,188 $1,197 $1,359 $1,899 $2,259
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
23701 $1,507 $1,518 $1,738 $2,420 $2,882
23704 $1,485 $1,496 $1,705 $2,376 $2,827
23705 $1,485 $1,496 $1,705 $2,376 $2,827
23707 $1,353 $1,364 $1,562 $2,178 $2,585
23708 $1,573 $1,584 $1,804 $2,508 $2,981
23709 $1,452 $1,463 $1,661 $2,321 $2,761

Fair Market Rents on this page apply to the following city in Portsmouth city, Virginia: Portsmouth.

These Fair Market Rents also apply to the following ZIP code in Portsmouth city, Virginia: 23701, 23704, 23707, 23705, 23708, and 23709.

Portsmouth city, VA is considered part of the following metro FMR area: VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Gloucester County, VA, Isle of Wight County, VA, James City County, VA, Mathews County, VA, York County, VA, Chesapeake city, VA, Hampton city, VA, Newport News city, VA, Norfolk city, VA, Poquoson city, VA, Suffolk city, VA, Virginia Beach city, VA, and Williamsburg city, VA.

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Fair Market Rents are published by the Department of Housing And Urban Development.