close
View Me
Rent Specials
$635 - $2,007
Plus Fees12 Month Lease Term
2 to 3 Bedroom Apartments Available NowBains Pointe
1100 High StPortsmouth, VA 23704
Cheap Apartments for Rent in the Downtown Portsmouth Neighborhood of Portsmouth, VA from $635 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Portsmouth area of Portsmouth.
close
View Me
$1,169
Plus Fees
1 Bedroom Apartments Available NowMontgomery Square Apartments
714 King StPortsmouth, VA 23704
close
View Me
$1,175 - $1,950
Plus Fees12 Month Lease Term
1 to 3 Bedroom Apartments Available NowBeacon 303
303 Effingham StPortsmouth, VA 23704
close
View Me
$1,250
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$1,250
Total Monthly Price
$1,250
426 London St
426 London StPortsmouth, VA 23704
126 Linden Ave
PortsmouthVA23704
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.
close
View Me
$1,354
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,349
Required Monthly Fees
Varies
Total Monthly Price
Varies
Victory Square 55+ Senior Community
900 County StPortsmouth, VA 23704
close
View Me
$1,579 - $1,902
Plus Fees
1 to 2 Bedroom Apartments Available NowThe Quarters at Park View
1140 London BlvdPortsmouth, VA 23704
close
View Me
$1,580 - $1,896
Plus Fees
1 to 2 Bedroom Apartments Available Sep 8Harbor Tower Apartments
1 Harbor CtPortsmouth, VA 23704
close
View Me
$1,599 - $1,699
Plus Fees
1 Bedroom Apartments Available NowHarbor Vista at Crawford Street
800 Crawford StPortsmouth, VA 23704
close
View Me
$1,651 - $2,285
Total Monthly Price
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,572 - $2,206
Required Monthly Fees
Varies
Total Monthly Price
Varies
Nav850
850 Crawford PkyPortsmouth, VA 23704
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.
801 Randolph St, Unit D
801 Randolph St
PortsmouthVA23704
close
View Me
1 Bedroom Apartments
Five17 King
517 King StPortsmouth, VA 23704
close
View Me
1 to 2 Bedroom Apartments
Tower 507
507 High StPortsmouth, VA 23704
close
View Me
2 to 3 Bedroom Apartments
309 North St
309 North StPortsmouth, VA 23704
close
View Me
2 to 3 Bedroom Apartments
Holley Pointe
622 Effingham StPortsmouth, VA 23704
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.
close
View Me
Studio to 2 Bedroom Apartments
Crawford House
430 Crawford StPortsmouth, VA 23704
Showing Results 1-16, Page 1 of 1
Downtown Portsmouth, Portsmouth, VA Local Guide
How much does it cost to rent an apartment in Downtown Portsmouth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Portsmouth 1 Bedroom Apartments | $1,429 | $1,100 | $1,699 |
| Downtown Portsmouth 2 Bedroom Apartments | $1,817 | $1,250 | $2,285 |
| Downtown Portsmouth 3 Bedroom Apartments | $1,635 | $635 | $2,007 |
| Downtown Portsmouth 4 Bedroom Apartments | $1,900 | $1,900 | $1,900 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 16 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
- ZIP codes
- 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 1 Bed unit found at Montgomery Square Apartments priced from $1,169. Beacon 303 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,175. Here are the most affordable Downtown Portsmouth apartments for rent in Portsmouth, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Montgomery Square Apartments | 1SA | 1BR,1BA | $1,169 |
| Beacon 303 | A1 | 1BR,1BA | $1,175 |
| Victory Square 55+ Senior Community | The Admiral | 2BR,1BA | $1,354 |
| Bains Pointe | 2 Bedroom 1.5 Bath | 2BR,1BA | $1,464 |
| Holley Pointe | 2 Bdrm | 2BR,1BA | $1,495 |
Best Value Apartments for Rent in Downtown Portsmouth, VA
As of August 30, 2026 the best value apartment in the Downtown Portsmouth area is the $1.67 price per square foot THE COMMODORE Model at Sterling King in the in the South Brambleton neighborhood starting from $1,864. The second greatest value Downtown Portsmouth apartment is the 426 London St Model at 426 London St starting at $1,250 with a $1.14 price per square foot in the Dnc 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. |
|---|---|---|---|
| Sterling King | THE COMMODORE | 2BR,2BA | $1.67 |
| 426 London St | 426 London St | 2BR,1BA | $1.14 |
| Nav850 | The Hawthorne | 2BR,2BA | $1.81 |
| Bains Pointe | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.62 |
| Victory Square 55+ Senior Community | The Admiral | 2BR,1BA | $1.54 |
| Holley Pointe | 2 Bdrm | 2BR,1.5BA | $1.77 |
| Harbor Vista at Crawford Street | A4 | 1BR,1BA | $1.94 |
| The Quarters at Park View | THE FLAGSHIP | 1BR,1BA | $1.99 |
| Montgomery Square Apartments | 1SA | 1BR,1BA | $1.86 |
| Beacon 303 | A1U | 1BR,1BA | $2.24 |
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 Article
Real 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 Article
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.
Let everyone know!
Do you know the Downtown Portsmouth area?
If you’re an expert on all things Downtown Portsmouth, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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
How much is rent for a Cheap One Bedroom Downtown Portsmouth Apartment?
The lowest price for a Cheap One Bedroom Downtown Portsmouth Apartment is $1,169 at Montgomery Square Apartments.
What is the lowest price for a Cheap Two Bedroom Downtown Portsmouth Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Portsmouth is starting from $1,354 at Victory Square 55+ Senior Community.
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.
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.
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.