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$635 - $1,545
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 $600 (13 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Portsmouth area of Portsmouth.
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$1,115 - $1,337
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,110 - $1,332
Required Monthly Fees
$5
Total Monthly Price
$1,115 - $1,337
Victory Square 55+ Senior Community
900 County StPortsmouth, VA 23704
811 Randolph St
PortsmouthVA23704
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$1,250
Total Monthly Price12 Month Lease Term
2 Bedroom Apartment Available NowTotal Monthly Price
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$1,250
Total Monthly Price
$1,250
426 London St
426 London StPortsmouth, VA 23704
927 Green St
PortsmouthVA23704
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$1,260 - $1,385
Plus Fees12 Month Lease Term
2 Bedroom Apartments Available NowBeacon 303
303 Effingham StPortsmouth, VA 23704
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.
708 Dinwiddie St
PortsmouthVA23704
314 Washington St, Unit E
314 Washington St
PortsmouthVA23704
1400 Atlanta Ave
PortsmouthVA23704
929 Green St
PortsmouthVA23704
811 Randolph St
PortsmouthVA23704
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1 Bedroom Apartments
Five17 King
517 King StPortsmouth, VA 23704
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.
710 Dinwiddie St
PortsmouthVA23704
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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 | $1,357 | $1,357 | $1,357 |
| Downtown Portsmouth 1 Bedroom Apartments | $1,511 | $1,115 | $1,938 |
| Downtown Portsmouth 2 Bedroom Apartments | $1,540 | $1,010 | $2,189 |
| Downtown Portsmouth 3 Bedroom Apartments | $1,351 | $635 | $1,700 |
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 13 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
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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. Victory Square 55+ Senior Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,115. 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 |
| Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1,115 |
| Beacon 303 | 2 Bedroom apartment available in Old Towne Port... | 2BR,1BA | $1,260 |
| Sterling King | THE LAFAYETTE | Studio,1BA | $1,338 |
| Crawford House | 1Bed 1Bath 708 sf | 1BR,1BA | $1,499 |
Best Value Apartments for Rent in Downtown Portsmouth, VA
As of March 01, 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 |
| Beacon 303 | Renovated and Spacious 2BR In Downtown Portsmou... | 2BR,1BA | $1.59 |
| The Quarters at Park View | THE FLAGSHIP | 1BR,1BA | $1.99 |
| Nav850 | The Sycamore - Renovated | 1BR,1BA | $2.28 |
| Crawford House | THE TRAYNOR 695 sf | 1BR,1BA | $2.36 |
| Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1.65 |
| Sterling King | THE LAFAYETTE | Studio ,1BA | $2.05 |
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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Pet Friendly LifestyleDowntown Portsmouth, Portsmouth, VA
Ranked #2
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 $1,115 at Victory Square 55+ Senior Community.
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 $1,010 at Bains Pointe.
What is the most affordable Downtown Portsmouth Three Bedroom Apartment?
The best deal on a cheap Downtown Portsmouth Three Bedroom Apartment rental is at Bains Pointe and starts from $635.
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
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.
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
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.