2-Bedroom Rent · October 2026

2-Bedroom Apartment Rent in Portsmouth, NH

$2,150/mo

Median asking rent for a 2-bedroom apartment in Portsmouth, New Hampshire as of October 2026. That's +27% lower than the citywide median of $2,963 and +30% above the national 2-bedroom median of $1,657.

2-Bedroom median
$2,150
October 2026
vs city overall
-27%
$2,963 city median
vs national
+30%
$1,657 US median
New Hampshire rank
#15
of 18 cities

Income needed for a 2-bedroom in Portsmouth

Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 2-bedroom at the current median rent.

Annual income
$86,000
Monthly gross
$7,167
Hourly (full-time)
$41.35

Rent by apartment size in Portsmouth

Compare Portsmouth's median rent across every apartment size.

Studio
$1,620
1-Bedroom
$1,660
2-Bedroom (current)
$2,150
3-Bedroom
$2,660
4+ Bedroom
$3,100

Cheapest cities for a 2-bedroom in New Hampshire

#City2-Bedroom rent
1Claremont$1,340
2Laconia$1,440
3Keene$1,600
4Concord$1,670
5Derry$1,770
6Rochester$1,810
7Somersworth$1,810
8Dover$1,820
9Salem$1,920
10Lebanon$2,030
11Manchester$2,030
12Newmarket$2,070
13Nashua$2,100
14Hampton$2,110
15Portsmouth (this page)$2,150

Most expensive cities for a 2-bedroom in New Hampshire

#City2-Bedroom rent
1Bedford$2,850
2Exeter$2,550
3Merrimack$2,430
4Portsmouth (this page)$2,150
5Hampton$2,110
6Nashua$2,100
7Newmarket$2,070
8Manchester$2,030
9Lebanon$2,030
10Salem$1,920
11Dover$1,820
12Somersworth$1,810
13Rochester$1,810
14Derry$1,770
15Concord$1,670

Nearby cities — 2-bedroom rent

Considering nearby alternatives? 5 of these cities have cheaper 2-bedroom rents than Portsmouth.

CityDistance2-Bedroom rentvs Portsmouth
Kittery, ME5.8 mi$2,060$-90 (-4%)
Dover, NH9.8 mi$1,820$-330 (-15%)
Newmarket, NH9.8 mi$2,070$-80 (-4%)
Somersworth, NH13.6 mi$1,810$-340 (-16%)
Exeter, NH14.2 mi$2,550+$400 (+19%)
Amesbury, MA18.6 mi$2,550+$400 (+19%)
Newburyport, MA19 mi$2,550+$400 (+19%)
Rochester, NH20.2 mi$1,810$-340 (-16%)
Sanford, ME24.1 mi$1,490$-660 (-31%)
Gloucester, MA32.5 mi$2,550+$400 (+19%)
Methuen, MA34.5 mi$1,980$-170 (-8%)
Derry, NH34.9 mi$1,770$-380 (-18%)

2-Bedroom rent in Portsmouth — common questions

How much is a 2-bedroom apartment in Portsmouth?

As of October 2026, the median 2-bedroom apartment rent in Portsmouth, New Hampshire is $2,150 per month. This is +27% below the citywide median of $2,963.

What income do you need to afford a 2-bedroom in Portsmouth?

Using the standard 30% rent-to-income rule, you would need an annual income of about $86,000 ($7,167/month gross), which works out to roughly $41.35/hour at a full-time job.

Is Portsmouth expensive for a 2-bedroom compared to the rest of the US?

Portsmouth's 2-bedroom median of $2,150 is +30% above the national 2-bedroom median of $1,657. It ranks in the 75th percentile of US cities tracked.

How does Portsmouth rank for 2-bedroom rent in New Hampshire?

Among the 18 cities in New Hampshire with 2-bedroom data, Portsmouth ranks #15 from cheapest to most expensive.

Are there cheaper 2-bedroom options near Portsmouth?

Yes — nearby cities with cheaper 2-bedroom rents include Kittery ($2,060), Dover ($1,820), Newmarket ($2,070).

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Methodology: Bedroom-level rent medians come from HUD Fair Market Rent data calibrated to the Zillow Observed Rent Index (ZORI) for Portsmouth, which serves as the citywide anchor. When the HUD bedroom values exceed the ZORI city median (a common quirk in luxury markets and small samples), bedroom values are proportionally scaled down to align. Income required uses the standard 30% rent-to-income guideline. Comparison rankings use the same data month across all cities (October 2026) and exclude cities with median rent below $400 or above $20,000.