Cheap Homes for Rent in Portsmouth, VA from $800 (30 Rentals)

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

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 801 Randolph St

801 Randolph 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.

property at 1510 Wilson Rd

1510 Wilson Rd

NorfolkVA23523

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 2024 Elmhurst Ln

2024 Elmhurst Ln

PortsmouthVA23701
property at 239 Choate St

239 Choate St

PortsmouthVA23707

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Portsmouth, VA Local Guide

Cheapest Neighborhoods for Apartments in Portsmouth, VA

Pricing Updated: 06/19/2025

Current apartment rentals in the Portsmouth, VA area range in price from to with an overall median price of . Here is today’s list neighborhoods with the lowest median pricing for Portsmouth Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Midtown Portsmouth$1,459$70041
Downtown Portsmouth$2,395$80072
Old Towne Portsmouth$2,422$1,00947

Cheapest Available Portsmouth Apartments for Rent

 

The cheapest available apartment rental in Portsmouth, VA is a 2 Beds unit found at Reunion Senior Living at Kindred in the Dnc neighborhood priced from $828. Pelham Place in the Dnc neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $900. Here is today’s list of the most affordable Portsmouth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Reunion Senior Living at Kindred2BR2BR,1BA$828
Pelham PlacestudioStudio,1BA$900
Welcome Home to The Grand at New Port!MLGR2BR2BR,1BA$950
Collinswood Lake Apartments1 Bed1BR,1BA$995
Sunnybrook Apartments2 Beds, 1 bath2BR,1BA$1,025
Harbor Square ApartmentsClassic2BR,1BA$1,025
Residences at Crawford Farms1 Bedroom 1 Bath Renovated1BR,1BA$1,030
Crescent Place1 Bedroom1BR,1BA$1,050
The Orchards at BellevilleD-1MAG1BR,1BA$1,073
Stone Ridge ApartmentsOne Bedroom1BR,1BA$1,092

Best Value Apartments for Rent in Portsmouth, VA

As of June 20, 2025 the best value apartment in the Portsmouth area is the $1.08 price per square foot 621 Redgate Ave Model at 621 Redgate Ave, Unit A in the in the Dnc neighborhood starting from $1,725. The second greatest value Portsmouth apartment is the 2BR Model at Reunion Senior Living at Kindred starting at $828 with a $0.74 price per square foot in the Dnc neighborhood. Here is today’s list of the best values for Portsmouth apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
621 Redgate Ave, Unit A621 Redgate Ave2BR,2BA$1.08
Reunion Senior Living at Kindred2BR2BR,1BA$0.74
Victory Village3BR, 2BA3BR,2BA$1.21
Origin Circle at Kindred2BR2BR,1BA$1.26
Arbour Reach ApartmentsTwo Bedroom2BR,2BA$1.25
Collinswood Lake Apartments2 Beds2BR,1BA$1.13
Welcome Home to The Grand at Mallard Manor!MC.2B1.5B2BR,1.5BA$1.21
Somyrr Properties2 BR 1.5 BA2BR,1.5BA$1.25
Crescent Place1 Bedroom1BR,1BA$1.29
Harbor Square ApartmentsClassic2BR,1BA$1.28

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.

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Frequently Asked Questions about Portsmouth

What type of rentals are currently available in Portsmouth?

There are currently 416 Apartments for Rent in Portsmouth, VA with pricing that ranges from $700 to $7,160. There are also 124 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $875 to $3,700.

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

Today's rental pricing for Homes for Rent, Condos and Townhomes in Portsmouth ranges from $875 to $3,700 with an average monthly rent of $2,191.

How much are larger Three and Four Bedroom Rentals in Portsmouth?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Portsmouth range from $1,275 to $4,860, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $3,700. Four Bedroom Single-Family rentals are also available starting from $2,150 and Four Bedroom Apartments start at $800.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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

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.