
Cheap Homes for Rent in Portsmouth, VA from $900 (35 Rentals)
Search the lowest-cost Homes available for rent right now in Portsmouth.


1003 Douglas Ave

801 Greenway Ct, Unit B-5

143 Maryland Ave

220 Avondale Rd

1628 Bradford Terrace

454 Florida Ave

4225 Schooner Trail
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

801 Randolph St, Unit D

638 Mt Vernon Ave

1009 Jackson Ave

130 Afton Pkwy

1611 Hampton Blvd, Unit B9

2124 Queen St

47 Radford St

318 Washington St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

68 Carver Cir

13 Hedge Ln, Unit A

234 W 27th St, Unit 3

55 Grand St

1510 Wilson Rd, Unit 1

126 Linden Ave

1609 Spratley St, Unit A

804 City Park Ave
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

5150 Castle Way

Furnished Studio-Chesapeake - Churchland Blvd.

4101 Holly Cove Dr

1600 Park Ave

2321 Columbus Ave

770 Fremont St, Unit B

2788 Peach St

6045 Bradford Dr
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.

241 Granby St

1107 Hull St

1911 High St
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 | $1,645 | $1,150 | $2,495 |
| Portsmouth 3 Bedroom Homes for Rent | $2,111 | $1,325 | $3,200 |
| Portsmouth 4 Bedroom Homes for Rent | $2,811 | $2,150 | $5,000 |
| Portsmouth 5 Bedroom Homes for Rent | $2,898 | $2,500 | $3,195 |
| Portsmouth 6 Bedroom Homes for Rent | $3,100 | $3,100 | $3,100 |
Browse Top Homes for Rent in Portsmouth
Explore Portsmouth
Portsmouth, VA Local Guide
- Portsmouth Neighborhoods
- Nearby Cities
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- School Districts
Cheapest Neighborhoods for Apartments in Portsmouth, VA
Pricing Updated: 08/23/2026Current apartment rentals in the Portsmouth, VA area range in price from $667 to $4,624 with an overall median price of $1,787. Here is today’s list neighborhoods with the lowest median pricing for Portsmouth Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Midtown Portsmouth | $1,282 | $700 | 16 |
| Downtown Portsmouth | $1,658 | $667 | 21 |
| Old Towne Portsmouth | $1,836 | $667 | 220 |
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 $841. New Port Landing in the Camelot neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Portsmouth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Reunion Senior Living at Kindred | 2BR | 2BR,1BA | $841 |
| New Port Landing | 1 Bedroom 1 Bath | 1BR,1BA | $875 |
| The Grand at New Port | MLGR2BR | 2BR,1BA | $950 |
| Harbor Square Apartments | Classic | 2BR,1BA | $1,025 |
| Holley Pointe | 2 Bdrm | 2BR,1BA | $1,055 |
| Unity Place at Kindred | A3 | 1BR,1BA | $1,116 |
| Manor View Apartments | 1 Bedroom/1 Bath/Wood Floors | 1BR,1BA | $1,135 |
| Crescent Place | 1 Bedroom | 1BR,1BA | $1,144 |
| Victory Village | 2BR, 1BA | 2BR,1BA | $1,144 |
Best Value Apartments for Rent in Portsmouth, VA
As of August 24, 2026 the best value apartment in the Portsmouth area is the $0.75 price per square foot 2BR Model at Reunion Senior Living at Kindred in the in the Dnc neighborhood starting from $841. The second greatest value 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 Portsmouth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Reunion Senior Living at Kindred | 2BR | 2BR,1BA | $0.75 |
| 426 London St | 426 London St | 2BR,1BA | $1.14 |
| Origin Circle at Kindred | 2BR | 2BR,1BA | $1.26 |
| The Grand at Mallard | MC.2B1.5B | 2BR,1.5BA | $1.29 |
| Cedarfield at Churchland Apartments | 2 Bedroom Apartment | 2BR,1BA | $1.41 |
| Lake Village | B1 | 2BR,1BA | $1.41 |
| Aspire at Church St. | Two Bedroom/Two Bathroom | 2BR,2BA | $1.35 |
| Victory Village | 2BR, 1BA | 2BR,1BA | $1.39 |
| Crescent Place | 1 Bedroom | 1BR,1BA | $1.41 |
| Harbor Square Apartments | Classic | 2BR,1BA | $1.28 |
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 ArticleReal 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.
Portsmouth, VAPopulation: 94,632
Ranked #340
in US Census Population by City
Best Local Schools in Portsmouth, VA
Churchland Elementary School
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 430 Apartments for Rent in Portsmouth, VA with pricing that ranges from $667 to $4,649. There are also 133 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $900 to $5,000.
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 $900 to $5,000 with an average monthly rent of $2,071.
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 $667 to $4,649, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,325 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,150 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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.