Cheap Apartments for Rent in Portsmouth, VA from $400 (84 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Portsmouth.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article
property at 721 Dinwiddie St

721 Dinwiddie St

PortsmouthVA23704
property at 635 South St

635 South St

PortsmouthVA23704

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

Read Article
property at 801 Randolph St

801 Randolph St

PortsmouthVA23704
property at 49 Shelby St

49 Shelby St

PortsmouthVA23701
close
View Me
Shea Terrace
1 to 2 Bedroom Apartments

Shea Terrace

253 Constitution AvePortsmouth, VA 23704
Senior Living

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
close
View Me
Cavalier Gardens
2 Bedroom Apartments

Cavalier Gardens

808-814 Cavalier BlvdPortsmouth, VA 23701
  • Utilities Included
close
View Me
Cedar Creek Apartments
1 to 2 Bedroom Apartments

Cedar Creek Apartments

5624 High St WPortsmouth, VA 23703
  • Utilities Included
close
View Me
London Oaks
1 to 4 Bedroom Apartments

London Oaks

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

Turnpike Terrace

3721 Turnpike RdPortsmouth, VA 23701
close
View Me
Belle Hall Apartment
2 to 3 Bedroom Apartments

Belle Hall Apartment

159 Cheyenne TrlPortsmouth, VA 23701
  • Utilities Included
close
View Me
Victory Village
2 to 3 Bedroom Apartments

Victory Village

2304 Victory BlvdPortsmouth, VA 23702

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Read Article
close
View Me
Five17 King
1 Bedroom Apartments

Five17 King

517 King StPortsmouth, VA 23704
  • Utilities Included

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.

Read Article
property at 629 W 28th St

629 W 28th St

NorfolkVA23508
Showing Results 1-50, Page 1 of 2

Portsmouth, VA Local Guide

Photo of Staff Writer - Local Guide Expert
Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Portsmouth, VA

Pricing Updated: 07/30/2025

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$1,355$70010
Old Towne Portsmouth$1,785$1,05012
Downtown Portsmouth$1,899$1,05025

Cheapest Available Portsmouth Apartments for Rent

 

The cheapest available apartment rental in Portsmouth, VA is a 2 Beds unit found at Welcome Home to The Grand at New Port! in the Camelot neighborhood priced from $950. Harbor Square Apartments in the South Brambleton neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,025. Here is today’s list of the most affordable Portsmouth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Welcome Home to The Grand at New Port!MLGR2BR2BR,1BA$950
Harbor Square ApartmentsClassic2BR,1BA$1,025
Sunnybrook Apartments2 Beds, 1 bath2BR,1BA$1,025
Victory Square 55+ Senior CommunityThe Commodore1BR,1BA$1,099
Bell Diamond ManorGarden2BR,1BA$1,100
Aspire at Church St.One Bedroom/One Bathroom1BR,1BA$1,119
Marina Point1/1 Classic1BR,1BA$1,120
Residences at Crawford Farms1 Bedroom 1 Bath Renovated1BR,1BA$1,170
Starboard Townhomes2bd/1ba Classic Style2BR,1BA$1,199
Somyrr Properties2 BR 1.5 BA2BR,1BA$1,200

Best Value Apartments for Rent in Portsmouth, VA

As of July 31, 2025 the best value apartment in the Portsmouth area is the $1.27 price per square foot 1520 Prentis Ave Model at 1520 Prentis Ave, Unit 4 in the in the Beacon Light neighborhood starting from $1,750. The second greatest value Portsmouth apartment is the MC.3B1.5B Model at Welcome Home to The Grand at Mallard Manor! starting at $1,480 with a $1.23 price per square foot in the Western Branch 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.
1520 Prentis Ave, Unit 41520 Prentis Ave3BR,1BA$1.27
Welcome Home to The Grand at Mallard Manor!MC.3B1.5B3BR,1.5BA$1.23
Crescent Place2 Bedroom2BR,2BA$1.07
Churchland SquareThree Bedroom Classic3BR,1BA$1.28
Victory Village3BR, 2BA3BR,2BA$1.21
Origin Circle at Kindred2BR2BR,1BA$1.26
Arbour Reach ApartmentsTwo Bedroom2BR,2BA$1.25
Somyrr Properties2 BR 1.5 BA2BR,1.5BA$1.25
Bell Diamond ManorGarden2BR,1BA$1.34
Harbor Square ApartmentsClassic2BR,1BA$1.28

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.

decorative image of people with a giant lease agreement

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 #19

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Portsmouth, VA

School data provided by Great Schools

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

Explore Portsmouth, VA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Portsmouth, VA

View Map
Portsmouth, VA Apartments Map
View Map
Portsmouth, VA Rental Homes Map

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

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 Portsmouth Apartments

What is a cheap apartment in Portsmouth?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Portsmouth is under $1,200.

What is the price of a cheap apartment in Portsmouth?

The cheapest apartment in Portsmouth is Stone Ridge Apartments which is listed at $1,092, while the average apartment in Portsmouth costs $1,679.

What types of apartments are the cheapest in Portsmouth?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 9 regular apartments in Portsmouth that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Portsmouth?

Cheap apartments in Portsmouth have an average cost of $208 which is $1,471 cheaper than the average rent for all rentals in Portsmouth.

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.

decorative image for The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro article

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.