
Cheap Homes for Rent in Downtown Portsmouth Neighborhood of Portsmouth, VA from $1,000 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Portsmouth area of Portsmouth.


801 Randolph St, Unit D

78 Parkview Ave, Unit 3

519 Columbia St

1416 Richmond Ave

314 Washington St, Unit E
Downtown Portsmouth, Portsmouth, VA Local Guide

How much does it cost to rent a home in Downtown Portsmouth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Portsmouth 2 Bedroom Homes for Rent | $1,550 | $1,200 | $2,200 |
Downtown Portsmouth 3 Bedroom Homes for Rent | $2,409 | $1,395 | $3,500 |
Downtown Portsmouth 4 Bedroom Homes for Rent | $2,050 | $1,500 | $2,600 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Portsmouth Neighborhood of Portsmouth, VA.
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Downtown Portsmouth, Portsmouth, VA Local Guide
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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 $910. 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 | $910 |
Holley Pointe | Two Bedroom | 2BR,1BA | $1,012 |
Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1,034 |
Best Value Apartments for Rent in Downtown Portsmouth, VA
As of April 09, 2025 the best value apartment in the Downtown Portsmouth area is the $1.21 price per square foot Three Bedroom Model at Holley Pointe in the in the South Brambleton neighborhood starting from $1,462. The second greatest value Downtown Portsmouth apartment is the Plume Model at Heritage at Freemason Harbour starting at $2,090 with a $1.77 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 | $1.21 |
Heritage at Freemason Harbour | Plume | 2BR,2BA | $1.77 |
Harbor Tower Apartments | D/H | 2BR,2BA | $1.63 |
Nav850 | The Sugar Maple - Renovated | 1BR,1BA | $1.97 |
Holly Point | The Peyton | 1BR,1BA | $1.86 |
201 Twenty One | A03 | 1BR,1BA | $2.13 |
Sterling King | THE ELIZABETH | 1BR,1BA | $2.05 |
The Alexander at Ghent | The Harrison Floor Plan | Studio ,1BA | $2.12 |
Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1.53 |
New Port Landing | 1 Bedroom 1 Bath | 1BR,1BA | $1.90 |
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Frequently Asked Questions about Downtown Portsmouth
What type of rentals are currently available in Downtown Portsmouth?
There are currently 71 Apartments for Rent in Downtown Portsmouth, VA with pricing that ranges from $750 to $3,470. There are also 18 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Portsmouth ranging from $1,075 to $3,500.
What is the current price range for Rental Homes in Downtown Portsmouth?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Portsmouth ranges from $1,075 to $3,500 with an average monthly rent of $1,866.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.