811 Randolph St, Unit A
811 Randolph St
PortsmouthVA23704
Cheap Homes for Rent in Downtown Portsmouth Neighborhood of Portsmouth, VA from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Portsmouth area of Portsmouth.
915 Green St
PortsmouthVA23704
1003 Green St
PortsmouthVA23704
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.
1503 Elm Ave
PortsmouthVA23704
403 Court St
PortsmouthVA23704
1609 Richmond Ave
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.
Showing Results 1-6, Page 1 of 1
Downtown Portsmouth, Portsmouth, VA Local Guide
How much does it cost to rent a home in Downtown Portsmouth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Portsmouth 2 Bedroom Homes for Rent | $1,180 | $1,150 | $1,195 |
| Downtown Portsmouth 3 Bedroom Homes for Rent | $2,266 | $1,950 | $2,500 |
| Downtown Portsmouth 4 Bedroom Homes for Rent | $2,166 | $1,900 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 2 mile radius of the Downtown Portsmouth Neighborhood of Portsmouth, VA.
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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 2 Beds unit found at Holley Pointe priced from $507. Bains Pointe has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,010. Here are the most affordable Downtown Portsmouth apartments for rent in Portsmouth, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Holley Pointe | 2 Bdrm | 2BR,1BA | $507 |
| Bains Pointe | 2 Bedroom 1.5 Bath | 2BR,1BA | $1,010 |
| Beacon 303 | A1 | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Downtown Portsmouth, VA
As of May 31, 2026 the best value apartment in the Downtown Portsmouth area is the $1.49 price per square foot 3 Bdrm Model at Holley Pointe in the in the South Brambleton neighborhood starting from $1,797. The second greatest value Downtown Portsmouth apartment is the 3 Bedroom 2 Bath Model at Bains Pointe starting at $1,545 with a $1.40 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. |
|---|---|---|---|
| Holley Pointe | 3 Bdrm | 3BR,2BA | $1.49 |
| Bains Pointe | 3 Bedroom 2 Bath | 3BR,2BA | $1.40 |
| 426 London St | 426 London St | 2BR,1BA | $1.14 |
| Nav850 | The Hawthorne | 2BR,2BA | $1.87 |
| Montgomery Square Apartments | 2.2B | 2BR,2BA | $1.63 |
| The Quarters at Park View | THE QUARTERS | 2BR,2BA | $1.87 |
| Harbor Vista at Crawford Street | Aurora | 1BR,1BA | $1.94 |
| Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1.65 |
| Crawford House | THE BLACKWELL 644 sf | 1BR,1BA | $2.53 |
| Beacon 303 | A1R | 1BR,1BA | $1.94 |
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.
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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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Pet Friendly LifestyleDowntown Portsmouth, Portsmouth, VA
Ranked #3
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Downtown Portsmouth
What type of rentals are currently available in Downtown Portsmouth?
There are currently 68 Apartments for Rent in Downtown Portsmouth, VA with pricing that ranges from $1,050 to $5,782. There are also 10 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Portsmouth ranging from $1,150 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 $1,150 to $2,500 with an average monthly rent of $1,870.
How much are larger Three and Four Bedroom Rentals in Downtown Portsmouth?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Portsmouth range from $1,600 to $5,782, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,950 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,900 and Four Bedroom Apartments start at $2,200.
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
Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
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.
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.