915 Green St
PortsmouthVA23704
Cheap Homes for Rent in the Downtown Portsmouth Neighborhood of Portsmouth, VA from $1,000 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Portsmouth area of Portsmouth.
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$1,5502 Bedroom Apartments Available Aug 10
1723 Lasalle Ave
1723 Lasalle AvePortsmouth, VA 23704
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.
411 Dinwiddie St
PortsmouthVA23704
1440 Lasalle 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.
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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 | $1,372 | $1,050 | $1,695 |
| Downtown Portsmouth 3 Bedroom Homes for Rent | $2,600 | $2,600 | $2,600 |
| Downtown Portsmouth 4 Bedroom Homes for Rent | $2,450 | $2,400 | $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 4 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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Best Value Apartments for Rent in Downtown Portsmouth, VA
As of July 15, 2026 the best value apartment in the Downtown Portsmouth area is the $1.53 price per square foot 3 Bdrm Model at Holley Pointe in the in the South Brambleton neighborhood starting from $1,850. 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. |
|---|---|---|---|
| Holley Pointe | 3 Bdrm | 3BR,2BA | $1.53 |
| 426 London St | 426 London St | 2BR,1BA | $1.14 |
| Nav850 | The Hawthorne | 2BR,2BA | $1.87 |
| Bains Pointe | 2 Bedroom 1.5 Bath | 2BR,1.5BA | $1.17 |
| Sterling King | THE GOSPORT | 1BR,1BA | $1.91 |
| Harbor Vista at Crawford Street | Aurora | 1BR,1BA | $1.94 |
| Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1.67 |
| Beacon 303 | A1U | 1BR,1BA | $2.24 |
| The Quarters at Park View | THE FREEDOM | Studio ,1BA | $2.58 |
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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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 ArticleQuick 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.
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Pet Friendly LifestyleDowntown Portsmouth, Portsmouth, VA
Ranked #1
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet 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 $667 to $2,189. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Portsmouth ranging from $1,050 to $2,600.
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 $1,050 to $2,600 with an average monthly rent of $2,140.
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 $667 to $2,007, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $2,600. Four Bedroom Single-Family rentals are also available starting from $2,400 and Four Bedroom Apartments start at $2,000.
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
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.