Cheap Homes for Rent in Downtown Portsmouth Neighborhood of Portsmouth, VA from $1,000 (6 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Portsmouth area of Portsmouth.

Downtown Portsmouth, Portsmouth, VA Local Guide

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 ListingModel NameBed/BathPriced From
New Port Landing1 Bedroom 1 Bath1BR,1BA$910
Holley PointeTwo Bedroom2BR,1BA$1,012
Victory Square 55+ Senior CommunityThe Commodore1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Holley PointeThree Bedroom3BR,2BA$1.21
Heritage at Freemason HarbourPlume2BR,2BA$1.77
Harbor Tower ApartmentsD/H2BR,2BA$1.63
Nav850The Sugar Maple - Renovated1BR,1BA$1.97
Holly PointThe Peyton1BR,1BA$1.86
201 Twenty OneA031BR,1BA$2.13
Sterling KingTHE ELIZABETH1BR,1BA$2.05
The Alexander at GhentThe Harrison Floor PlanStudio ,1BA$2.12
Victory Square 55+ Senior CommunityThe Commodore1BR,1BA$1.53
New Port Landing1 Bedroom 1 Bath1BR,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.

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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.

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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.

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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.

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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.