
Cheap Apartments for Rent in Portsmouth, VA from $400 (161 Rentals)
Search the lowest-cost Apartments available for rent right now in Portsmouth.


Waterview Colonial Manor Apartments

New Port Landing

1003 Douglas Ave

The Grand at New Port

2318 Lansing Ave

220 Avondale Rd

1527 Highland Ave

Harbor Square Apartments

Independence Square
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Collinswood Lake Apartments

12 Pollux Cir E

16 Pollux Cir E

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301 Broad St, Unit Apt 3

3587 Gum Dr

635 South St

Total Monthly Price
Victory Square 55+ Senior Community

Manor View Apartments

Crescent Place

424 London St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Stone Ridge Apartments

Montgomery Square Apartments

Beacon 303

1021 Green St

Hodges Manor Apartments

Biltmore Commons Apartments

The Connelly

Cedarfield at Churchland Apartments

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426 London St

387 Carver Cir
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Total Monthly Price
367 Middle St, Unit 3

The Henley

Total Monthly Price
Abelia Square

The Grand at Mallard

The Quarters at Park View

Westwinds

Arbour Reach Apartments

Total Monthly Price
Residences at Crawford Farms

Edgefield Apartments

1802 Atlanta Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

8 Pollux Cir E

126 Linden Ave

Churchland Square

Total Monthly Price
Starboard Townhomes

Total Monthly Price
27 Riverview Ave

2322 Randolph St

Silvertree Seniors

Somyrr Properties

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151 Florida Ave

335 Mt Vernon Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Portsmouth, VA Local Guide

How much does it cost to rent an apartment in Portsmouth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Portsmouth Studio Apartments | $1,588 | $700 | $2,025 |
| Cheap Portsmouth 1 Bedroom Apartments | $1,668 | $825 | $2,631 |
| Cheap Portsmouth 2 Bedroom Apartments | $1,852 | $950 | $4,583 |
| Cheap Portsmouth 3 Bedroom Apartments | $2,179 | $667 | $4,649 |
| Cheap Portsmouth 4 Bedroom Apartments | $2,300 | $2,100 | $2,500 |
Browse Top Apartments in Portsmouth
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Portsmouth, VA Local Guide

- Portsmouth Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Portsmouth, VA
Pricing Updated: 07/27/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Old Towne Portsmouth | $1,695 | $1,695 | 2 |
| Downtown Portsmouth | $2,397 | $1,050 | 6 |
| Midtown Portsmouth | $2,500 | $900 | 16 |
Cheapest Available Portsmouth Apartments for Rent
 The cheapest available apartment rental in Portsmouth, VA is a 2 Beds unit found at Holley Pointe in the South Brambleton neighborhood priced from $532. New Port Landing in the Camelot neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Portsmouth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Holley Pointe | 2 Bdrm | 2BR,1BA | $532 |
| New Port Landing | 1 Bedroom 1 Bath | 1BR,1BA | $875 |
| The Grand at New Port | MLGR2BR | 2BR,1BA | $950 |
| Arbor Brook Apartments | 2BR/1.0BA | 2BR,1BA | $995 |
| Harbor Square Apartments | Classic | 2BR,1BA | $1,025 |
| Bains Pointe | 2 Bedroom 1.5 Bath | 2BR,1BA | $1,060 |
| Unity Place at Kindred | A3 | 1BR,1BA | $1,116 |
| Belleville Harbour | Two Bedroom | 2BR,2BA | $1,127 |
| Manor View Apartments | 1 Bedroom/1 Bath/Wood Floors | 1BR,1BA | $1,135 |
Best Value Apartments for Rent in Portsmouth, VA
As of July 27, 2026 the best value apartment in the Portsmouth area is the $1.19 price per square foot 2 Bedroom Model at Miars Farm in the in the Western Branch neighborhood starting from $1,475. The second greatest value Portsmouth apartment is the 3 Beds, 1 Baths Model at 259 Broad St starting at $1,475 with a $1.23 price per square foot in the Portsmouth County neighborhood. Here is today’s list of the best values for Portsmouth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Miars Farm | 2 Bedroom | 2BR,2BA | $1.19 |
| 259 Broad St | 3 Beds, 1 Baths | 3BR,1BA | $1.23 |
| Crescent Place | 2 Bedroom | 2BR,2BA | $1.16 |
| 426 London St | 426 London St | 2BR,1BA | $1.14 |
| Belleville Harbour | Two Bedroom | 2BR,2BA | $1.03 |
| Victory Village | 3BR, 2BA | 3BR,2BA | $1.21 |
| The Grand at Mallard | MC.2B1.5B | 2BR,1.5BA | $1.29 |
| Bains Pointe | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.17 |
| Arbor Brook Apartments | 2BR/1.0BA | 2BR,1BA | $1.11 |
| Harbor Square Apartments | Classic | 2BR,1BA | $1.28 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick 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.
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.
Portsmouth, VAPopulation: 94,632
Ranked #340
in US Census Population by City
Best Local Schools in Portsmouth, VA
Churchland Primary & Intermediate
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portsmouth, VA Rentals by Map
See the most popular apartments and homes in Portsmouth, VA
Frequently Asked Questions about Cheap Portsmouth Apartments
How much is rent for a Cheap One Bedroom Portsmouth Apartment?
The lowest price for a Cheap One Bedroom Portsmouth Apartment is $875 at New Port Landing.
What is the lowest price for a Cheap Two Bedroom Portsmouth Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Portsmouth is starting from $532 at Holley Pointe.
What is the most affordable Portsmouth Three Bedroom Apartment?
The best deal on a cheap Portsmouth Three Bedroom Apartment rental is at Victory Village and starts from $1,267.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.