
Cheap Homes for Rent in Old Towne Portsmouth Neighborhood of Portsmouth, VA from $1,300 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Towne Portsmouth area of Portsmouth.


424 Queen St
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.

437 Dinwiddie St

436 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.
Old Towne Portsmouth, Portsmouth, VA Local Guide

How much does it cost to rent a home in Old Towne Portsmouth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Towne Portsmouth 2 Bedroom Homes for Rent | $1,725 | $1,350 | $2,100 |
| Old Towne Portsmouth 3 Bedroom Homes for Rent | $1,450 | $1,450 | $1,450 |
| Old Towne Portsmouth 4 Bedroom Homes for Rent | $3,500 | $3,500 | $3,500 |
Browse Homes for Rent in this Neighborhood
There are currently 4 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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Best Value Apartments for Rent in Old Towne Portsmouth, VA
As of January 03, 2026 the best value apartment in the Old Towne Portsmouth area is the $1.14 price per square foot 426 London St Model at 426 London St in the in the Dnc neighborhood starting from $1,250. The second greatest value Old Towne Portsmouth apartment is the The Sycamore - Renovated Model at Nav850 starting at $1,634 with a $2.18 price per square foot in the South Brambleton 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. |
|---|---|---|---|
| 426 London St | 426 London St | 2BR,1BA | $1.14 |
| Nav850 | The Sycamore - Renovated | 1BR,1BA | $2.18 |
| Sterling King | THE YORK | 1BR,1BA | $2.05 |
| Victory Square 55+ Senior Community | The Commodore | 1BR,1BA | $1.64 |
| Beacon 303 | A1 | 1BR,1BA | $1.74 |
| Crawford House | THE SPROWLE 540 sf | 1BR,1BA | $2.54 |
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.
Pet Friendly LifestyleOld Towne Portsmouth, Portsmouth, VA
Ranked #3
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Frequently Asked Questions about Old Towne Portsmouth
What type of rentals are currently available in Old Towne Portsmouth?
There are currently 43 Apartments for Rent in Old Towne Portsmouth, VA with pricing that ranges from $1,050 to $2,012. There are also 6 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Towne Portsmouth ranging from $1,300 to $3,500.
What is the current price range for Rental Homes in Old Towne Portsmouth?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Towne Portsmouth ranges from $1,300 to $3,500 with an average monthly rent of $2,143.
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!