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Apartments for Rent in Portsmouth, VA

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Average rent in Portsmouth, Virginia

The average rent for a 1 bedroom apartment in Portsmouth is $1,766+, while the average rent for a 2 bedroom apartment is $1,161+. Rent rates updated 8 days ago
Studio
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Prices trending down
1 Bed
$1,766+
Prices trending down
2 Beds
$1,161+
Prices trending down
3+ Beds
$2,067+
Prices trending down
* Averages are based on the rental prices of properties listed on Apartment List that don’t include fees

Top neighborhoods

Top neighborhoods in Portsmouth, VA

  • Map of Olde Towne

    Olde Towne

    What's it like to live in Olde Towne?

    Olde Towne showcases Portsmouth's maritime heritage with remarkable architectural preservation along the Elizabeth River waterfront. Converted historic buildings now house distinctive apartments with character details increasingly valued by design-conscious renters seeking authenticity. Navy facility proximity creates occasional noise from ships entering the harbor, but for history enthusiasts and urban professionals seeking genuine community character with Norfolk accessibility via ferry, Olde Towne delivers remarkable value with waterfront views and walkable amenities beyond purely residential settings despite occasional maritime disruptions.

    Great for

    • Families
    • Retirees
    • Professionals
    • Young Renters
    • Commuters

    Neighborhood vibe

    • Mixed-Use
    • Peaceful
    • Mixed-Use & Commercial
    View 4 listings
  • Map of Cradock

    Cradock

    What's it like to live in Cradock?

    Historic significance defines Cradock, where this planned community built in 1918 for shipyard workers now showcases distinctive architecture unlike anywhere else in Hampton Roads. Rental options include restored craftsman-style homes with period details at surprisingly affordable rates. While the neighborhood offers excellent value with unique character, some areas remain in various stages of revitalization requiring local knowledge. Perfect for architectural enthusiasts and urban pioneers seeking remarkable affordability in historic surroundings who appreciate neighborhoods in transition.

    Great for

    • Families
    • Retirees
    • Professionals
    • Young Renters
    • Commuters

    Neighborhood vibe

    • Mixed-Use
    • Peaceful
    • Mixed-Use & Commercial
    View 9 listings
  • Map of Cavalier Manor

    Cavalier Manor

    What's it like to live in Cavalier Manor?

    Family-friendly affordability makes Cavalier Manor an attractive option for Portsmouth renters seeking more space than downtown alternatives. Single-family rentals often include actual yards and off-street parking – features increasingly rare in urban settings. The neighborhood's excellent school reputation attracts families seeking quality education without premium pricing, while the strategic positioning provides straightforward access to both military facilities and downtown employment.

    Great for

    • Families
    • Retirees
    • Professionals
    • Young Renters
    • Commuters

    Neighborhood vibe

    • Mixed-Use
    • Peaceful
    • Mixed-Use & Commercial
    View 4 listings

Find more rentals by

Amenities
  • Portsmouth Apartments with Garages (21)
  • Portsmouth Apartments with Gyms (9)
  • Portsmouth Apartments with Pools (10)
  • Portsmouth Luxury Apartments (78)
  • Portsmouth Pet Friendly Apartments (63)
Bedrooms
  • 1 Bedroom Apartments in Portsmouth (12)
Neighborhoods
  • Cradock (9)
  • Prentis Park (4)
  • Park View (4)
  • Olde Towne (4)

Frequently Asked Questions (FAQs)

Portsmouth Rent Report: April 2026

Welcome to the Apartment List April 2026 Rent Report for Portsmouth, VA. Currently, the overall median rent in the city stands at $1,549, roughly the same as last month. Prices and are now up 2.8% year-over-year. Read on to learn more about what’s been happening in the Portsmouth rental market and how it compares to trends throughout the broader Virginia Beach metro area and the nation as a whole.

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