
Cheap Homes for Rent in Portsmouth, VA from $700 (30 Rentals)
Search the lowest-cost Homes available for rent right now in Portsmouth.


9 Horne Ave

9 Aylwin Rd

9 Aylwin Rd

4100 Wyndybrow Dr

4100 Wyndybrow Dr

9 Aylwin Rd
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.

1219 Redgate Ave

1219 Redgate Ave

929 Green St

915 Green St

304 Pullman Ave

1628 Bradford Terrace

205 Kelly Dr
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.

522 Portsmouth Blvd

200 Pullman Ave

1207 Decatur St

1517 Summit Ave

811 Randolph St

1510 Wilson Rd

200 Pullman Ave
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.

511 Stafford St

98 Chautauqua Ave

13 Hedge Ln

13 Hedge Ln

1443 W 40th St

4102 Greenwood Dr

2020 Elmhurst Ln
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.

314 Washington St, Unit E
Portsmouth, VA Local Guide

How much does it cost to rent a home in Portsmouth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portsmouth 2 Bedroom Homes for Rent | $1,674 | $1,000 | $2,350 |
| Portsmouth 3 Bedroom Homes for Rent | $2,053 | $1,200 | $3,000 |
| Portsmouth 4 Bedroom Homes for Rent | $2,428 | $200 | $3,600 |
| Portsmouth 5 Bedroom Homes for Rent | $2,865 | $2,595 | $3,300 |
| Portsmouth 6 Bedroom Homes for Rent | $3,100 | $3,100 | $3,100 |
| Portsmouth 7 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
Browse Top Homes for Rent in Portsmouth
Explore Portsmouth
Portsmouth, VA Local Guide
- Portsmouth Neighborhoods
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Cheapest Neighborhoods for Apartments in Portsmouth, VA
Pricing Updated: 01/02/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Portsmouth | $1,832 | $1,050 | 28 |
| Old Towne Portsmouth | $1,889 | $1,050 | 17 |
| Midtown Portsmouth | $2,400 | $700 | 29 |
Cheapest Available Portsmouth Apartments for Rent
 The cheapest available apartment rental in Portsmouth, VA is a 3 Beds unit found at Bains Pointe in the Beacon Light neighborhood priced from $635. Arbor Brook Apartments in the Culpepper Landing neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $995. Here is today’s list of the most affordable Portsmouth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bains Pointe | 3 Bedroom | 3BR,2BA | $635 |
| Arbor Brook Apartments | 2BR/1.0BA | 2BR,1BA | $995 |
| Riverstone I | 1 Bedroom 1.5 Bath Classic | 1BR,1BA | $1,010 |
| Harbor Square Apartments | Classic | 2BR,1BA | $1,025 |
| Residences at Crawford Farms | 1 Bedroom 1 Bath Classic | 1BR,1BA | $1,050 |
| Beacon 303 | A1 | 1BR,1BA | $1,050 |
| The Orchards at Belleville | The Magnolia | 1BR,1BA | $1,073 |
| Manor View Apartments | 1 Bedroom/1 Bath/Wood Floors | 1BR,1BA | $1,075 |
| Independence Square | 1 Bedroom | 1BR,1BA | $1,093 |
Best Value Apartments for Rent in Portsmouth, VA
As of January 02, 2026 the best value apartment in the Portsmouth area is the $1.19 price per square foot 3308 Harding st Model at 3308 Harding st in the starting from $1,900. The second greatest value Portsmouth apartment is the 2 Bedroom Model at Miars Farm starting at $1,400 with a $1.13 price per square foot in the Western Branch neighborhood. Here is today’s list of the best values for Portsmouth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3308 Harding st | 3308 Harding st | 4BR,2BA | $1.19 |
| Miars Farm | 2 Bedroom | 2BR,2BA | $1.13 |
| Crescent Place | 2 Bedroom | 2BR,2BA | $1.14 |
| 426 London St | 426 London St | 2BR,1BA | $1.14 |
| The Banks at Berkley | Three Bedroom | 3BR,2BA | $1.25 |
| Arbour Reach Apartments | Two Bedroom | 2BR,2BA | $1.25 |
| Somyrr Properties | 2 BR 1.5 BA | 2BR,1.5BA | $1.25 |
| Residences at Paradise Creek | 2 Bedroom 1 Bath | 2BR,1BA | $1.15 |
| Bains Pointe | 2 Bedroom | 2BR,1.5BA | $1.12 |
| Arbor Brook Apartments | 2BR/1.0BA | 2BR,1BA | $1.11 |
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 ArticleThe 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.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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.
Best Local Schools in Portsmouth, VA
Churchland Primary & Intermediate
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portsmouth, VA Rentals by Map
See the most popular apartments and homes in Portsmouth, VA
Frequently Asked Questions about Portsmouth
What type of rentals are currently available in Portsmouth?
There are currently 429 Apartments for Rent in Portsmouth, VA with pricing that ranges from $700 to $4,880. There are also 145 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $200 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 $200 to $3,700 with an average monthly rent of $2,438.
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 $995 to $4,880, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $3,000. Four Bedroom Single-Family rentals are also available starting from $200 and Four Bedroom Apartments start at $1,900.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
