Cheap Apartments for Rent in the Old Towne Portsmouth Neighborhood of Portsmouth, VA from $1,000 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Towne Portsmouth area of Portsmouth.

721 Dinwiddie St
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.

Victory Square 55+ Senior Community

Starboard Townhomes

409 Glasgow St

314 Washington St, Unit E
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.

Nav850

424 London St

The Law Building
Old Towne Portsmouth, Portsmouth, VA Local Guide

How much does it cost to rent an apartment in Old Towne Portsmouth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Old Towne Portsmouth Studio Apartments | $1,564 | $1,175 | $1,705 |
Old Towne Portsmouth 1 Bedroom Apartments | $1,591 | $1,009 | $1,992 |
Old Towne Portsmouth 2 Bedroom Apartments | $1,909 | $1,235 | $2,470 |
Old Towne Portsmouth 3 Bedroom Apartments | $2,661 | $1,399 | $3,510 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Old Towne Portsmouth Neighborhood of Portsmouth, VA.
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Old Towne Portsmouth, Portsmouth, VA Local Guide
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Cheapest Available Old Towne Portsmouth Apartments for Rent
 The cheapest available apartment rental in the Old Towne Portsmouth area of Portsmouth, VA is a 1 Bed unit found at Beacon 303 priced from $1,009. Victory Square 55+ Senior Community has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,099. Here are the most affordable Old Towne Portsmouth apartments for rent in Portsmouth, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Beacon 303 | A1 | 1BR,1BA | $1,009 |
Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1,099 |
Starboard Townhomes | 1 Bedroom 1 Bath | 1BR,1BA | $1,149 |
Harbor Tower Apartments | B/F | 1BR,1BA | $1,407 |
309 North St | 2 Bedroom | 2BR,1BA | $1,435 |
Best Value Apartments for Rent in Old Towne Portsmouth, VA
As of June 05, 2025 the best value apartment in the Old Towne Portsmouth area is the $2.00 price per square foot The Sugar Maple - Renovated Model at Nav850 in the in the South Brambleton neighborhood starting from $1,869. The second greatest value Old Towne Portsmouth apartment is the The Peyton Model at Holly Point starting at $1,630 with a $1.81 price per square foot in the Indian River neighborhood. Here is today’s list of the best values for Old Towne Portsmouth apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Nav850 | The Sugar Maple - Renovated | 1BR,1BA | $2.00 |
Holly Point | The Peyton | 1BR,1BA | $1.81 |
309 North St | 2 Bedroom | 2BR,1BA | $1.63 |
Sterling King | THE GOSPORT | 1BR,1BA | $1.87 |
Holley Pointe | Two Bedroom | 2BR,1.5BA | $1.71 |
Harbor Tower Apartments | B/F | 1BR,1BA | $1.77 |
Heritage at Freemason Harbour | Brooke | 1BR,1BA | $2.03 |
Starboard Townhomes | 1 Bedroom 1 Bath | 1BR,1BA | $1.53 |
Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1.63 |
Beacon 303 | A1U | 1BR,1BA | $1.90 |
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Pet Friendly LifestyleOld Towne Portsmouth, Portsmouth, VA
Ranked #2
Among neighborhoods in Portsmouth, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Getting Around the Old Towne Portsmouth Neighborhood in Portsmouth, VA
Walk Score®
86 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
Transit Score®
53 / 100
Good Transit
Many nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Old Towne Portsmouth Apartments
How much is rent for a Cheap One Bedroom Old Towne Portsmouth Apartment?
The lowest price for a Cheap One Bedroom Old Towne Portsmouth Apartment is $1,009 at Beacon 303.
What is the lowest price for a Cheap Two Bedroom Old Towne Portsmouth Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Old Towne Portsmouth is starting from $1,235 at Beacon 303.
What is the most affordable Old Towne Portsmouth Three Bedroom Apartment?
The best deal on a cheap Old Towne Portsmouth Three Bedroom Apartment rental is at Starboard Townhomes and starts from $1,349.
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.

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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.