Apartment for rent

Pet friendly

Updated 9 Hours Ago

8.5

Very Good

Independence Square Apartments
5120 George Washington Hwy, Portsmouth, VA 23702, USA

Franklin Group Companies

5120 George Washington Hwy, Portsmouth, VA 23702, USA

8.5

Very Good

Monthly rent	$1,107–$1,530
Beds	1–3
Baths	1
Sqft	614–912

Monthly rent	$1,107–$1,530
Beds	1–3
Baths	1
Sqft	614–912

Updated 9 Hours Ago

Highlights

Pet Friendly

Location

5120 George Washington Hwy, Portsmouth, VA 23702, USA

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Tour Independence Square

Contact

Managed by

Management

Franklin Group Companies

Leasing office

(844) 906-0739 ext. 8255

Open

Monday 9:00 am–5:00 pm ET

Property Overview

Independence Square earns a strong overall impression with an 8.5 Zumper expert rating, backed by excellent value, standout amenities, and a highly convenient location. It is also noted for unparalleled quality service, outdoor spaces, and pet friendliness, with value for money ranking in the 100th percentile locally.

Zumper Expert Rating

8.5

Very Good

With a solid 8.5 out of 10 overall, Independence Square is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Independence Square has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.

Things you’ll love

Less expensive
More space
Outdoor space

Great for

Pet owners

Floor plans

1 Bedroom	1 bed	1 bath	614 sqft	$1,107 /mo	1 unit available
2 Bedroom	2 bed	1 bath	816 sqft	$1,328 /mo	3 units available
3 Bedroom	3 bed	1 bath	912 sqft	$1,530 /mo	1 unit available

Let's explore this property.

Amenities for Independence Square

Apartment Amenities

Utilities/Sewer

Water

Building

Cats OK

Dogs OK

Grounds

Outdoor Space	Playground
Swimming Pool

Services

On-Site Maintenance

Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.

Policies and fees

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time.

$450

OPTIONAL FEES

Parking Policy

Surface Lot

Please call us regarding our Parking Policy.

Surface Lot

Parking Fee

Monthly. 2 surface lots max. Please call us regarding our Parking Policy.

Contact Property

Dog Policy

Allowed

Limit2

Breed restrictionsYes

Please call our Leasing Office for complete Pet Policy information.

Cat Policy

Allowed

Limit2

Cat

Pet Terms

2 cats max.

Dog

Pet Terms

2 dogs max.

Questions about this property’s policies and fees?

Building details

Property details

Units	152
Lease terms	12 months

About Independence Square

Home

Apartments in Portsmouth

Independence Square

When you are searching for your new home, make your only stop into Independence Square and you’ll find convenience and comfort in one of our one, two or three-bedroom homes. Independence Square is conveniently located just moments from the Naval Shipyard in the historic Brentwood area. Victory Crossing shopping and I-264 are just minutes away. Luxury apartments are waiting for you with a quality service that is unparalleled. Come by today and let us take care of you. Make Independence Square your first and only choice to call home. Call today to schedule your tour.

Zumper Expert Rating

8.5

/10

Very Good

How we rated Independence Square

Price·10

Independence Square offers an excellent balance between price and value. It's priced competitively for its amenities, location, and other key features. Compared to the median price per bedroom in the area, this property is less than, or about the same as, nearby rentals, so residents can expect great value without too many compromises on their desired standard of living.

Amenities·9

Independence Square goes above and beyond to provide sought-after conveniences and desirable perks, including pets allowed. Renters looking for popular or luxurious features will find them here—and for that reason, Independence Square receives one of the highest amenities scores.

Location·9

Independence Square is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.

Quality·6

While Independence Square does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.

Trustworthiness·7

Independence Square provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.

Independence Square is great for:

Pet owners

Outdoor spaces are available at this property
1 pet hospital in the area

Property highlights

How Independence Square compares to other nearby properties.

Positives

Less expensive: The 3-bedrooms are cheaper than other similar listings nearby
More space: The 2-bedroom is 61 sqft larger than other listings nearby
Outdoor space: Easy access to the outdoors

Considerations

Greater distance from middle schools: The nearest middle school is farther than 1 mile away

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Rent trends in Portsmouth

1-bedroom apartments here are priced 10% lower than 1-bedrooms in Portsmouth.

If you decide to upgrade your space, you can expect 2-bedrooms at Independence Square to be 5% less than the average for similarly sized apartments in Portsmouth.

3-bedroom apartments at Independence Square cost about 22% less than the average rent price for 3-bedroom apartments in Portsmouth.

Median rents as of Aug 29 2026.

Portsmouth

Affordability calculator

Can I afford to live at 5120 George Washington Hwy?

Bedrooms

Rent-to-income ratio

30%

Slide to adjust the percentage of your monthly income you are willing to spend on rent.

The general rule of thumb is to spend around 30% or less of your income on rent.

Recommended income

$44,280/yr

With your selected rent-to-income ratio, you'd ideally want to make $44,280 annually to afford this 1-bedroom monthly rent price of $1,107.

For more information on rent affordability, visit our rent calculator.

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