Cheap Apartments for Rent in Portsmouth, VA from $400 (83 Rentals)

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721 Dinwiddie St
$1,0501 Bedroom, 1 Bath RentalsAvailable Now

721 Dinwiddie St

Portsmouth, VA 23704
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9 Morris St
$1,1502 Bedroom, 1 Bath Home for RentAvailable Now

9 Morris St

Portsmouth, VA 23702
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548 Madison St
$1,1991 Bedroom, 1 Bath RentalsAvailable Now

548 Madison St

Portsmouth, VA 23704
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801 Randolph St
$1,2002 Bedroom, 1 Bath Home for RentAvailable Now

801 Randolph St

Portsmouth, VA 23704
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Shea Terrace
1 to 2 Bedroom Apartments

Shea Terrace

253 Constitution AvePortsmouth, VA 23704
Senior Living
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Cavalier Gardens
2 Bedroom Apartments

Cavalier Gardens

808-814 Cavalier BlvdPortsmouth, VA 23701
Utilities inc.
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London Oaks
1 to 4 Bedroom Apartments

London Oaks

2680 High StPortsmouth, VA 23707
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Turnpike Terrace
2 to 3 Bedroom Apartments

Turnpike Terrace

3721 Turnpike RdPortsmouth, VA 23701
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Victory Village
2 to 3 Bedroom Apartments

Victory Village

2304 Victory BlvdPortsmouth, VA 23702
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Crawford House
Studio to 1 Bedroom Apartments

Crawford House

430 Crawford StPortsmouth, VA 23704
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Five17 King
1 Bedroom Apartments

Five17 King

517 King StPortsmouth, VA 23704
Utilities inc.

Portsmouth, VA Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Portsmouth, VA

Pricing Updated: 02/22/2025

Current apartment rentals in the Portsmouth, VA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Portsmouth Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Midtown Portsmouth$1,499$7001070
Old Towne Portsmouth$2,065$7094665
Downtown Portsmouth$2,260$7505572

Cheapest Available Portsmouth Apartments for Rent

 

The cheapest available apartment rental in Portsmouth, VA is a 4 Beds unit found at Proximity at ODU in the Edgewater neighborhood priced from $709. New Port Landing in the Camelot neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $865. Here is today’s list of the most affordable Portsmouth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Proximity at ODURoom In 4 Bed - 4 Bath - Annual (8/23/2025-7/31...4BR,4BA$709
New Port Landing1 Bedroom 1 Bath1BR,1BA$865
Pelham PlacestudioStudio,1BA$900
Welcome Home to The Grand at New Port!MLGR2BR2BR,1BA$950
Stone Ridge ApartmentsOne Bedroom1BR,1BA$950
Arbor Brook Apartments2BR/1.0BA2BR,1BA$950
Bell Diamond ManorTownhome2BR,1BA$975
Near ODU spacious one bedroom.2BR/1.0BA2BR,1BA$995
Harbor Square ApartmentsClassic2BR,1BA$1,000

Best Value Apartments for Rent in Portsmouth, VA

As of February 22, 2025 the best value apartment in the Portsmouth area is the $0.78 price per square foot 2004 County St Model at 2004 County St, Unit Upstairs Unit in the in the Midtown Portsmouth neighborhood starting from $1,400. The second greatest value Portsmouth apartment is the 428 Russell St Model at 428 Russell St, Unit 1 starting at $1,595 with a $1.23 price per square foot in the Midtown Portsmouth neighborhood. Here is today’s list of the best values for Portsmouth apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
2004 County St, Unit Upstairs Unit2004 County St3BR,1BA$0.78
428 Russell St, Unit 1428 Russell St2BR,1BA$1.23
Crescent PlaceThe Crescent2BR,2BA$1.07
Arbour Reach ApartmentsTwo Bedroom2BR,2BA$1.21
Near ODU spacious one bedroom.2BR/1.0BA2BR,1BA$0.98
Welcome Home to The Grand at Mallard Manor!MC.2B1.5B2BR,1.5BA$1.21
Somyrr Properties2 BR 1.5 BA2BR,1.5BA$1.25
Stone Ridge ApartmentsTwo bedroom2BR,1BA$1.20
Arbor Brook Apartments2BR/1.0BA2BR,1BA$1.06
Harbor Square ApartmentsClassic2BR,1BA$1.25

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Portsmouth Overview

Wouldn’t you love living within a few hours of amazing seafood, bustling nightlife, tons of history, and beautiful hiking and outdoor activities? Well if you choose to call Portsmouth, VA home, then you can experience all of these and so much more! Portsmouth is a city that is loved by many, and thousands of tourists flock to this area each and every year. From mild temperatures and delicious food to museums and one-of-a-kind festivals, Portsmouth is a place that we all dream about.

Why live in Portsmouth, VA?

Due to the many historical sites, tons of exciting festivals, and close proximity to just about everything, Portsmouth, VA is the perfect place to live your life to the fullest. And by being right along the edge of the eastern part of the U.S., escaping to the beach and soaking in the view is just minutes away! These are just a few reasons why many people choose to look for homes and apartments in Portsmouth.

Pet Friendly Lifestyle
Portsmouth, VA

Ranked #20

Among cities in Virginia for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Portsmouth, VA Rentals by Map

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Getting Around Portsmouth, VA

Walk Score®

59 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

49 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

37 / 100

Some Transit

A few nearby public transportation options

Frequently Asked Questions about Cheap Portsmouth Apartments

What is the Cheapest Studio apartment in Portsmouth?

Currently the most affordable Cheap Studio Apartment in Portsmouth is at Pelham Place listed at $900.

How much is rent for a Cheap One Bedroom Portsmouth Apartment?

The lowest price for a Cheap One Bedroom Portsmouth Apartment is $865 at New Port Landing.

What is the lowest price for a Cheap Two Bedroom Portsmouth Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Portsmouth is starting from $899 at Proximity at ODU.

What is the most affordable Portsmouth Three Bedroom Apartment?

The best deal on a cheap Portsmouth Three Bedroom Apartment rental is at Proximity at ODU and starts from $759.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

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