Cheap Apartments for Rent in the Old Towne Portsmouth Neighborhood of Portsmouth, VA from $900 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Towne Portsmouth area of Portsmouth.

Victory Square 55+ Senior Community

525 North St

721 Dinwiddie St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Starboard Townhomes

409 Glasgow St

314 Washington St, Unit E

367 Middle St, Unit 1
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Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
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537 Columbia St

The Law Building
Old Towne Portsmouth, Portsmouth, VA Local Guide

How much does it cost to rent an apartment in Old Towne Portsmouth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Old Towne Portsmouth Studio Apartments | $1,552 | $1,150 | $1,705 |
Old Towne Portsmouth 1 Bedroom Apartments | $1,541 | $930 | $2,028 |
Old Towne Portsmouth 2 Bedroom Apartments | $1,859 | $1,105 | $2,470 |
Old Towne Portsmouth 3 Bedroom Apartments | $2,666 | $1,399 | $3,510 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Old Towne Portsmouth Neighborhood of Portsmouth, VA.
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Old Towne Portsmouth, Portsmouth, VA Local Guide
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Cheapest Available Old Towne Portsmouth Apartments for Rent
 The cheapest available apartment rental in the Old Towne Portsmouth area of Portsmouth, VA is a 1 Bed unit found at New Port Landing priced from $930. Holley Pointe has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,012. Here are the most affordable Old Towne Portsmouth apartments for rent in Portsmouth, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
New Port Landing | 1 Bedroom 1 Bath | 1BR,1BA | $930 |
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 | B1 | 2BR,1BA | $1,350 |
Best Value Apartments for Rent in Old Towne Portsmouth, VA
As of May 18, 2025 the best value apartment in the Old Towne 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 Old Towne Portsmouth apartment is the 2 Bedroom Model at 309 North St starting at $1,435 with a $1.63 price per square foot in the Dnc neighborhood. Here is today’s list of the best values for Old Towne 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 |
309 North St | 2 Bedroom | 2BR,1BA | $1.63 |
Beacon 303 | B1 | 2BR,1BA | $1.55 |
Sterling King | THE CRAWFORD | 1BR,1BA | $1.85 |
Harbor Tower Apartments | B/F | 1BR,1BA | $1.77 |
201 Twenty One | A02 | 1BR,1BA | $2.20 |
Nav850 | The Sycamore | 1BR,1BA | $2.00 |
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 | $1.94 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleOld Towne Portsmouth, Portsmouth, VA
Ranked #2
Among neighborhoods in Portsmouth, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Old Towne Portsmouth Neighborhood in Portsmouth, VA
Walk Score®
86 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
Transit Score®
53 / 100
Good Transit
Many 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 Old Towne Portsmouth Apartments
How much is rent for a Cheap One Bedroom Old Towne Portsmouth Apartment?
The lowest price for a Cheap One Bedroom Old Towne Portsmouth Apartment is $930 at New Port Landing.
What is the lowest price for a Cheap Two Bedroom Old Towne Portsmouth Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Old Towne Portsmouth is starting from $1,012 at Holley Pointe.
What is the most affordable Old Towne Portsmouth Three Bedroom Apartment?
The best deal on a cheap Old Towne Portsmouth Three Bedroom Apartment rental is at Starboard Townhomes and starts from $1,349.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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.

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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.