Cheap Homes for Rent in Downtown Portsmouth Neighborhood of Portsmouth, VA from $1,100 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Portsmouth area of Portsmouth.

property at 801 Randolph St

801 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.

property at 801 Randolph St

801 Randolph St

PortsmouthVA23704
property at 409 Glasgow St

409 Glasgow St

PortsmouthVA23704

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.

Downtown Portsmouth, Portsmouth, VA Local Guide

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 Beacon 303 priced from $1,009. Victory Square 55+ Senior Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here are the most affordable Downtown Portsmouth apartments for rent in Portsmouth, VA:

Apartment ListingModel NameBed/BathPriced From
Beacon 303A11BR,1BA$1,009
Victory Square 55+ Senior CommunityThe Commodore1BR,1BA$1,099
Starboard Townhomes1 Bedroom 1 Bath1BR,1BA$1,149

Best Value Apartments for Rent in Downtown Portsmouth, VA

As of June 10, 2025 the best value apartment in the Downtown Portsmouth area is the $1.27 price per square foot 1520 Prentis Ave Model at 1520 Prentis Ave, Unit 4 in the in the Beacon Light neighborhood starting from $1,750. The second greatest value Downtown Portsmouth apartment is the D/H Model at Harbor Tower Apartments starting at $1,717 with a $1.60 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 ListingModel NameBed/BathPrice Per Sq.Ft.
1520 Prentis Ave, Unit 41520 Prentis Ave3BR,1BA$1.27
Harbor Tower ApartmentsD/H2BR,2BA$1.60
The Quarters at Park ViewTHE QUARTERS2BR,2BA$1.87
Holly PointThe Peyton1BR,1BA$1.81
309 North St2 Bedroom2BR,1BA$1.63
Sterling KingTHE GOSPORT1BR,1BA$1.87
Holley PointeTwo Bedroom2BR,1.5BA$1.71
Starboard Townhomes1 Bedroom 1 Bath1BR,1BA$1.53
Victory Square 55+ Senior CommunityThe Commodore1BR,1BA$1.63
Beacon 303A11BR,1BA$1.67

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Frequently Asked Questions about Downtown Portsmouth

What type of rentals are currently available in Downtown Portsmouth?

There are currently 74 Apartments for Rent in Downtown Portsmouth, VA with pricing that ranges from $800 to $2,920. There are also 14 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Portsmouth ranging from $1,145 to $2,500.

What is the current price range for Rental Homes in Downtown Portsmouth?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Portsmouth ranges from $1,145 to $2,500 with an average monthly rent of $1,592.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.