Cheap Apartments for Rent in the Downtown Portsmouth Neighborhood of Portsmouth, VA from $900 (21 Rentals)
Cheap Apartments in the Downtown Portsmouth area of Portsmouth.

Victory Square 55+ Senior Community

525 North St

721 Dinwiddie St

Starboard Townhomes

801 Randolph St

635 South St

1031 Green St

917 Green St
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1023 Green St

314 Washington St, Unit E

367 Middle St, Unit 1

801 Randolph St

126 Linden Ave

78 Parkview Ave, Unit 3

537 Columbia St
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

The Law Building
Downtown Portsmouth, Portsmouth, VA Local Guide

How much does it cost to rent an apartment in Downtown Portsmouth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Portsmouth Studio Apartments | $1,540 | $1,170 | $1,705 |
Downtown Portsmouth 1 Bedroom Apartments | $1,538 | $915 | $1,859 |
Downtown Portsmouth 2 Bedroom Apartments | $1,852 | $1,075 | $2,470 |
Downtown Portsmouth 3 Bedroom Apartments | $2,689 | $1,399 | $3,510 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 2 mile radius of the Downtown Portsmouth Neighborhood of Portsmouth, VA.
See all Apartments in PortsmouthExplore Portsmouth
Downtown Portsmouth, Portsmouth, VA Local Guide
- Nearby Portsmouth neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Portsmouth Apartments for Rent
 The cheapest available apartment rental in the Downtown Portsmouth area of Portsmouth, VA is a 1 Bed unit found at New Port Landing priced from $915. Holley Pointe has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,012. Here are the most affordable Downtown Portsmouth apartments for rent in Portsmouth, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
New Port Landing | 1 Bedroom 1 Bath | 1BR,1BA | $915 |
Holley Pointe | Two Bedroom | 2BR,1BA | $1,012 |
Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1,034 |
Starboard Townhomes | 1 Bedroom 1 Bath | 1BR,1BA | $1,149 |
Beacon 303 | Lovely And Spacious 1 Bedroom In A Luxury High ... | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Downtown Portsmouth, VA
As of May 08, 2025 the best value apartment in the Downtown Portsmouth area is the $1.49 price per square foot Three Bedroom Model at Holley Pointe in the in the South Brambleton neighborhood starting from $1,797. The second greatest value Downtown Portsmouth apartment is the D/H Model at Harbor Tower Apartments starting at $1,727 with a $1.61 price per square foot in the Dnc neighborhood. Here is today’s list of the best values for Downtown Portsmouth apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Holley Pointe | Three Bedroom | 3BR,2BA | $1.49 |
Harbor Tower Apartments | D/H | 2BR,2BA | $1.61 |
Heritage at Freemason Harbour | Fairfax | 2BR,2BA | $1.72 |
The Quarters at Park View | THE QUARTERS | 2BR,2BA | $1.84 |
Holly Point | The Peyton | 1BR,1BA | $1.81 |
309 North St | 2 Bedroom | 2BR,1BA | $1.63 |
Sterling King | THE GOSPORT | 1BR,1BA | $1.83 |
Starboard Townhomes | 1 Bedroom 1 Bath | 1BR,1BA | $1.53 |
Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1.53 |
New Port Landing | 1 Bedroom 1 Bath | 1BR,1BA | $1.90 |
Quick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleDowntown Portsmouth, Portsmouth, VA
Ranked #3
Among neighborhoods in Portsmouth, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Downtown Portsmouth, Portsmouth, and the greater Portsmouth area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, places to raise kids, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Getting Around the Downtown Portsmouth Neighborhood in Portsmouth, VA
Walk Score®
86 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
57 / 100
Bikeable
Some bike infrastructure
Transit Score®
49 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Portsmouth Apartments
How much is rent for a Cheap One Bedroom Downtown Portsmouth Apartment?
The lowest price for a Cheap One Bedroom Downtown Portsmouth Apartment is $915 at New Port Landing.
What is the lowest price for a Cheap Two Bedroom Downtown Portsmouth Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Portsmouth is starting from $1,012 at Holley Pointe.
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.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.