Portsmouth rental market report
A data-led look at the Portsmouth rental market — rents, yields, demand and the trends shaping Hampshire.
Portsmouth at a glance
The Portsmouth rental market in Hampshire is active and competitive, with average rents around £1,542 pcm and rents up roughly 8.1% over the past year. Strong commuter links and local employment keep demand from tenants consistently ahead of available supply across PO1, PO2, PO5.
Average rent
£1,542 pcm
Average price
£430,000
Gross yield
5.4%
Rent growth (1yr)
+8.1%
Tenant demand
Very high
Avg. void period
16 days
Average rents by property type
| Property type | Average rent (pcm) | Per year |
|---|---|---|
| Room / HMO | £631 | £7,572 |
| 1-bed flat | £1,202 | £14,424 |
| 2-bed flat | £1,502 | £18,024 |
| 3-bed house | £1,923 | £23,076 |
| 4-bed house | £2,478 | £29,736 |
Demand insights
Tenant demand in Portsmouth is currently very high. Well-presented, compliant homes typically let within 16 days, and verified tenants on DR Rent are matched to suitable Portsmouth properties as soon as they list.
Market trends
- Rents in Portsmouth are up around 8.1% year on year.
- Average property prices have changed by about 2.6% over 12 months.
- Very high demand is keeping average void periods near 16 days.
- Compliance standards under the Renters' Rights Act are reshaping the Hampshire market.
Related guides
Stay ahead of the Portsmouth market
DR Rent helps landlords let faster and stay compliant across the UK.