
Cheap Apartments for Rent in Portsmouth, VA from $635 (128 Rentals)
Search the lowest-cost Apartments available for rent right now in Portsmouth.


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Waterview Colonial Manor Apartments

614 Broad St

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New Port Landing

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The Grand at New Port

220 Avondale Rd

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Independence Square

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Collinswood Lake Apartments

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301 Broad St, Unit Apt 3

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Manor View Apartments
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.

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Crescent Place

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Stone Ridge Apartments

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Montgomery Square Apartments

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Beacon 303

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Biltmore Commons Apartments

387 Carver Cir

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Hodges Manor Apartments

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The Connelly

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Residences at Crawford Farms

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Abelia Square
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.

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Cedarfield at Churchland Apartments

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426 London St

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The Henley

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The Grand at Mallard

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Arbour Reach Apartments

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Westwinds

1609 Spratley St, Unit A

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Victory Square 55+ Senior Community

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Edgefield Apartments

8 Pollux Cir E
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.

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Churchland Square

2062 Elmhurst Ln

Cross Creek Apartments

Shea Terrace

Merrifields Estates Apartments

Whispering Oaks Apts LP

Cavalier Gardens

Cedar Creek Apartments

Hodges Ferry East Townhomes

1112-1114 Victory Blvd
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.

9 Aylwin Rd

143 Maryland Ave

Arbor Brook Apartments

The Flats at Gum Drive

Harbor Square Apartments

London Oaks

Turnpike Terrace

3587 Gum Dr

Belle Hall Apartment

Victory Village
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 | $1,579 | $700 | $1,992 |
| Cheap Portsmouth 1 Bedroom Apartments | $1,655 | $825 | $2,433 |
| Cheap Portsmouth 2 Bedroom Apartments | $1,900 | $950 | $3,462 |
| Cheap Portsmouth 3 Bedroom Apartments | $2,126 | $635 | $4,649 |
| Cheap Portsmouth 4 Bedroom Apartments | $2,551 | $1,900 | $2,627 |
Browse Top Apartments in Portsmouth
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Portsmouth, VA Local Guide

- Portsmouth Neighborhoods
- Nearby Cities
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- Local Counties
Cheapest Neighborhoods for Apartments in Portsmouth, VA
Pricing Updated: 09/10/2026Current apartment rentals in the Portsmouth, VA area range in price from $635 to $4,624 with an overall median price of $1,780. Here is today’s list neighborhoods with the lowest median pricing for Portsmouth Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Midtown Portsmouth | $1,332 | $700 | 12 |
| Downtown Portsmouth | $1,657 | $635 | 17 |
| Old Towne Portsmouth | $1,814 | $635 | 221 |
Cheapest Available Portsmouth Apartments for Rent
 The cheapest available apartment rental in Portsmouth, VA is a 2 Beds unit found at Reunion Senior Living at Kindred in the Dnc neighborhood priced from $841. 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 |
|---|---|---|---|
| Reunion Senior Living at Kindred | 2BR | 2BR,1BA | $841 |
| New Port Landing | 1 Bedroom 1 Bath | 1BR,1BA | $875 |
| The Grand at New Port | MLGR2BR | 2BR,1BA | $950 |
| Unity Place at Kindred | A3 | 1BR,1BA | $1,116 |
| Manor View Apartments | 1 Bedroom/1 Bath/Wood Floors | 1BR,1BA | $1,135 |
| Victory Village | 2BR, 1BA | 2BR,1BA | $1,144 |
| Montgomery Square Apartments | 1SA | 1BR,1BA | $1,169 |
| Beacon 303 | A1 | 1BR,1BA | $1,175 |
| Bell Diamond Manor | 3 Bedroom Townhouse | 3BR,3BA | $1,185 |
| Harvard Apartments | Two Bedroom - Classic | 2BR,1BA | $1,195 |
Best Value Apartments for Rent in Portsmouth, VA
As of September 10, 2026 the best value apartment in the Portsmouth area is the $1.16 price per square foot 2 Bedroom Model at Crescent Place in the in the Culpepper Landing neighborhood starting from $1,368. The second greatest value Portsmouth apartment is the 2BR Model at Reunion Senior Living at Kindred starting at $841 with a $0.75 price per square foot in the Dnc 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. |
|---|---|---|---|
| Crescent Place | 2 Bedroom | 2BR,2BA | $1.16 |
| Reunion Senior Living at Kindred | 2BR | 2BR,1BA | $0.75 |
| 426 London St | 426 London St | 2BR,1BA | $1.14 |
| Churchland Square | Three Bedroom Classic | 3BR,1BA | $1.48 |
| The Grand at Mallard | MC.2B1.5B | 2BR,1.5BA | $1.29 |
| Cedarfield at Churchland Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.41 |
| The Orchards at Belleville | The Hawthorn | 2BR,1BA | $1.48 |
| Victory Village | 2BR, 1BA | 2BR,1BA | $1.39 |
| Bell Diamond Manor | 2 Bedroom Garden | 2BR,2BA | $1.45 |
| Manor View Apartments | 1 Bedroom/1 Bath/Wood Floors | 1BR,1BA | $1.49 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 Elementary School
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
What is the price of a cheap apartment in Portsmouth?
The cheapest apartment in Portsmouth is New Port Landing which is listed at $875, while the average apartment in Portsmouth costs $1,780.
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 11 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 $317 which is $1,463 cheaper than the average rent for all rentals in Portsmouth.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.