Median home value: $254K (-0.7% YoY). Rent: $1,565/mo. Price-to-rent: 13.5x. Part of Virginia Beach-Norfolk-Newport News, VA-NC.
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Basic Zillow data only. For stress scores, AI analysis, and trends, Virginia Beach-Norfolk-Newport News, VA-NC metro page.
Home Value$254,302
-0.7%
Rent$1,565/mo
AFFORDABILITYBuying $38/mo cheaper ($1,565 rent)6.00% 30yr, 20% down, county tax + VA ins. 28% per HUD.
Enter your income for Portsmouth.
$50,860 on $254,302
Affordable — 24.4% of income
Under the 28% guideline.
PITI$1,527
P/I24.4%
Afford$291K
Room+$37K
P&I $1,220Tax $174Ins $133
Home Buying Kit For Dummies (2025)Financing, negotiation, closing