Cheap Apartments for Rent in Portsmouth, VA from $400 with Washer/Dryer (56 Rentals)

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

property at 742 Mt Vernon Ave

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

1 Bedroom, 1 Bath Home for Rent

Available Now

742 Mt Vernon Ave

PortsmouthVA23707

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.

property at 5626 Carisbrooke Ln

$1,285

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,285

Total Monthly Price
$1,285

2 Bedroom, 2 Bath Townhome for Rent

Available Now

5626 Carisbrooke Ln

PortsmouthVA23703

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.

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Holley Pointe
2 to 3 Bedroom Apartments

Holley Pointe

622 Effingham StPortsmouth, VA 23704
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Whispering Oaks Apts LP
1 to 3 Bedroom Apartments

Whispering Oaks Apts LP

2500 Oak Leaf WayPortsmouth, VA 23707
  • Utilities Included
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Cedar Creek Apartments
1 to 2 Bedroom Apartments

Cedar Creek Apartments

5624 High St WPortsmouth, VA 23703
  • Utilities Included
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Victory Village
2 to 3 Bedroom Apartments

Victory Village

2304 Victory BlvdPortsmouth, VA 23702
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Five17 King
1 Bedroom Apartments

Five17 King

517 King StPortsmouth, VA 23704
  • Utilities Included
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Churchland Forest
2 to 3 Bedroom Apartments

Churchland Forest

20 Woodmill CtPortsmouth, VA 23703
  • Utilities Included
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Tower 507
1 to 2 Bedroom Apartments

Tower 507

507 High StPortsmouth, VA 23704
  • Utilities Included

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.

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Riverstone I
$1,030 - $1,745
Total Monthly Price

Total Monthly Price

Base Rent
$1,010 - $1,725
Required Monthly Fees
$20

Total Monthly Price
$1,030 - $1,745
1 to 3 Bedroom Apartments Available Now

Riverstone I

2604 Townhouse LnChesapeake, VA 23323
Affordability
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  • Customer Reviewed
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Taylor Pointe Apartments
$1,296 - $1,999
Total Monthly Price10 Month Lease Term

Total Monthly Price

Base Rent
$1,296 - $1,999

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Taylor Pointe Apartments

3245 Meadows WayChesapeake, VA 23321
Affordability
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  • Customer Reviewed
  • Utilities Included
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The James
$1,337 - $3,685
Total Monthly Price

Total Monthly Price

Base Rent
$1,277 - $3,625
Required Monthly Fees
$60

Total Monthly Price
$1,337 - $3,685
Studio to 3 Bedroom Apartments Available Now

The James

345 Granby StNorfolk, VA 23510
Furnished
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

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The Lofts at 119
Studio to 1 Bedroom Apartments

The Lofts at 119

119 W Tazewell StNorfolk, VA 23510
  • Utilities Included
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Elkhart Apartments
2 Bedroom Apartments

Elkhart Apartments

2701 Elkhart StChesapeake, VA 23323
  • Utilities Included
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1023 W 38th St
1 to 3 Bedroom Apartments

1023 W 38th St

1023 W 38th StNorfolk, VA 23508
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Sunnybrook Apartments
2 Bedroom Apartments

Sunnybrook Apartments

2127-2129 Chesapeake DrChesapeake, VA 23324
  • Utilities Included
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Taylor Bend Apartments
1 to 2 Bedroom Apartments

Taylor Bend Apartments

3500 Clover RdChesapeake, VA 23321
  • Utilities Included
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Bell Diamond Manor
2 to 3 Bedroom Apartments

Bell Diamond Manor

1009 Middlesex StNorfolk, VA 23523
  • Utilities Included
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The Loraine
Studio to 2 Bedroom Apartments

The Loraine

245 Granby StNorfolk, VA 23510

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.

Portsmouth, VA Local Guide

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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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.

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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.

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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.

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Portsmouth, VA
Population: 94,632

Ranked #340

in US Census Population by City

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

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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 $1,116.

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 $2,723.

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 27 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 $344 which is $2,379 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

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.