Similar to the surrounding areas, it is substantially less expensive compared to the country as a whole. Compared to the city of Columbus, it is a lot less expensive.
Home prices
The median home cost in Portsmouth is $78,400. Compared to other places in this area this is about $2,940 (3%) lower.In comparison to the rest of the nation it is approximately $139,100 (63%) lower, and in comparison to the city of Columbus it is approximately $73,200 (48%) lower.
Rents
In Portsmouth the median monthly rent is $606. In comparison to nearby areas it is about $9 (1%) lower.It is about $456 (42%) lower in comparison to the rest of the country, and is approximately $355 (36%) lower compared to the city of Columbus.
Nearby places
New Boston
New Boston is Portsmouth's neighbor to the east. Its housing prices are significantly less expensive. The median home in New Boston costs $52,800, which works out to $25,600 (48%) lower than Portsmouth. Rents there are a bit less expensive. In New Boston the median rent is $528 per month, which is $78 (14%) lower than Portsmouth.
Rosemount
Rosemount is Portsmouth's neighbor to the northwest. Housing prices there are a little more expensive. The median home in Rosemount costs $92,700, which works out to $14,300 (15%) higher than Portsmouth. Rents there are a bit more expensive. Rosemount's median monthly rent is $715, which is $109 (15%) higher than Portsmouth.
South Shore
South Shore is Portsmouth's neighbor to the southwest. Its housing prices are somewhat less expensive. The median home in South Shore is valued at $64,100, which comes out to $14,300 (22%) lower than Portsmouth. The rent there is a bit more expensive. In South Shore the median monthly rent is $650, which works out to $44 (6%) higher than Portsmouth.
Sciotodale
Sciotodale is Portsmouth's neighbor to the east. The housing prices there are a lot more expensive. The median home price in Sciotodale is $126,400, which is $48,000 (37%) higher than Portsmouth. Rents there are a little less expensive. The median monthly rent in Sciotodale is $528, which works out to $78 (14%) lower than Portsmouth.
West Portsmouth
West Portsmouth is about 4 miles west of Portsmouth. Housing prices there are a bit less expensive. West Portsmouth's median home price is $70,700, which works out to $7,700 (10%) lower than Portsmouth. Rent there is somewhat more expensive. West Portsmouth's median rent is $656 per month, which is $50 (7%) higher than Portsmouth.