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$635 - $1,5452 to 3 Bedroom Apartments Available Now
Bains Pointe
1100 High StPortsmouth, VA 23704
Cheap Apartments for Rent in the Downtown Portsmouth Neighborhood of Portsmouth, VA from $600 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Portsmouth area of Portsmouth.
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$1,050 - $1,3851 to 2 Bedroom Apartments Available Now
Beacon 303
303 Effingham StPortsmouth, VA 23704
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$1,1101 to 2 Bedroom Apartments Available Now
Victory Square 55+ Senior Community
900 County StPortsmouth, VA 23704
811 Randolph St
PortsmouthVA23704
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.
59 Riverview Ave
PortsmouthVA23704
929 Green St
PortsmouthVA23704
915 Green St
PortsmouthVA23704
811 Randolph St
PortsmouthVA23704
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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1 Bedroom Apartments
Five17 King
517 King StPortsmouth, VA 23704
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Downtown Portsmouth, Portsmouth, VA Local Guide
Downtown Portsmouth
by Author: John L. Beeman is licensed under Internal
How much does it cost to rent an apartment in Downtown Portsmouth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Portsmouth Studio Apartments | $1,293 | $1,293 | $1,293 |
| Downtown Portsmouth 1 Bedroom Apartments | $1,500 | $1,050 | $1,919 |
| Downtown Portsmouth 2 Bedroom Apartments | $1,483 | $1,010 | $2,012 |
| Downtown Portsmouth 3 Bedroom Apartments | $1,367 | $635 | $1,600 |
Browse Apartments in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Downtown Portsmouth Neighborhood of Portsmouth, VA.
See all Apartments in PortsmouthExplore Portsmouth
Downtown Portsmouth, Portsmouth, VA Local Guide
- Nearby Portsmouth neighborhoods
- Nearby Cities
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- Local Counties
- School Districts
Cheapest Available Downtown Portsmouth Apartments for Rent
The cheapest available apartment rental in the Downtown Portsmouth area of Portsmouth, VA is a 3 Beds unit found at Bains Pointe priced from $635. Beacon 303 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,050. Here are the most affordable Downtown Portsmouth apartments for rent in Portsmouth, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bains Pointe | 3 Bedroom | 3BR,2BA | $635 |
| Beacon 303 | A1 | 1BR,1BA | $1,050 |
| Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1,110 |
Best Value Apartments for Rent in Downtown Portsmouth, VA
As of January 07, 2026 the best value apartment in the Downtown Portsmouth area is the $1.14 price per square foot 426 London St Model at 426 London St in the in the Dnc neighborhood starting from $1,250. The second greatest value Downtown Portsmouth apartment is the 2 Bedroom Model at Bains Pointe starting at $1,010 with a $1.12 price per square foot in the Beacon Light neighborhood. Here is today’s list of the best values for Downtown Portsmouth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 426 London St | 426 London St | 2BR,1BA | $1.14 |
| Bains Pointe | 2 Bedroom | 2BR,1.5BA | $1.12 |
| Nav850 | The Sycamore - Renovated | 1BR,1BA | $2.18 |
| The Quarters at Park View | THE VICTORY | 1BR,1BA | $2.06 |
| Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1.64 |
| Beacon 303 | A1 | 1BR,1BA | $1.74 |
| Crawford House | THE SPROWLE 540 sf | 1BR,1BA | $2.54 |
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.
Read ArticleCash 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 ArticleQuick Rent Budget Calculator
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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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Pet Friendly LifestyleDowntown Portsmouth, Portsmouth, VA
Ranked #2
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States including Downtown Portsmouth, Portsmouth, and the greater Portsmouth area. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for outdoor amenities like tennis courts, luxury housing options, transit availability, pet-friendly communities, places to raise kids, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Downtown Portsmouth Apartments
What is the price of a cheap apartment in Downtown Portsmouth?
The cheapest apartment in Downtown Portsmouth is Beacon 303 which is listed at $1,050, while the average apartment in Downtown Portsmouth costs $1,560.
What types of apartments are the cheapest in Downtown 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 26 regular apartments in Downtown 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 Downtown Portsmouth?
Cheap apartments in Downtown Portsmouth have an average cost of $638 which is $922 cheaper than the average rent for all rentals in Downtown 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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!