Housing mix

Portsmouth, VA housing supply, ownership, and rent

What the latest ACS housing mix can and cannot tell buyers and renters comparing options in Portsmouth, VA.

Source: U.S. Census Bureau

Last updated . Article facts reviewed through this date. Time-sensitive figures show their own as-of dates.

Aerial view of a residential housing development
Photo by Pavel Danilyuk via Pexels

The local figures answer the first question: Portsmouth, VA's current ACS housing baseline includes 43,318 total housing units, 40,288 occupied units, and 3,030 vacant units. For the decision at hand, those counts may help a borrower establish the scale of the measured housing base before comparing tenure, rent, current listings, property condition, and financing. The figures describe stock across the survey period; they do not say that 3,030 homes were listed for sale or available to rent at one moment. In practical terms, reading 43,318 total units with 40,288 occupied and 3,030 vacant units keeps the release internally grounded while leaving live availability to current listing and property evidence.

Portsmouth, VA's ACS median gross rent is $1,300, while renter-occupied units account for 42.1% of occupied housing and owner-occupied units account for 57.9%. For borrower planning, the $1,300 median includes rent and certain utilities for the measured rental stock; it cannot identify a lease offer comparable to a home under consideration.