Apartment for rent

Pet friendly

Updated 9 Hours Ago

8.3

Very Good

Beacon 303 Apartments
303 Effingham St, Portsmouth, VA 23704, USA

Palomar Management Group, LLC

303 Effingham St, Portsmouth, VA 23704, USA

8.3

Very Good

Monthly rent	$1,175–$1,950
Beds	1–3
Baths	1–2
Sqft	604–1,122

Monthly rent	$1,175–$1,950
Beds	1–3
Baths	1–2
Sqft	604–1,122

Updated 9 Hours Ago

Highlights

Pet Friendly

Open layout
Stainless-steel appliances
Large walk-in closet
Spacious living area
Stylish apartment
Ample cabinet space

Location

303 Effingham St, Portsmouth, VA 23704, USA

Hi! Let’s figure out if this property is right for you.

Tour Beacon 303

Contact

Managed by

Management

Palomar Management Group, LLC

Leasing office

(757) 347-5955

Property Overview

Beacon 303 stands out as a well-rounded option with a strong overall Zumper Expert Rating of 8.3, backed by excellent marks for price, amenities, and location, plus solid trustworthiness. It features an open layout, stainless-steel appliances, a large walk-in closet, and a spacious living area, along with 30 photos and strengths for social life, fitness and wellness, and pet friendliness.

Zumper Expert Rating

8.3

Very Good

With a solid 8.3 out of 10 overall, Beacon 303 is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, Beacon 303 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

Dishwasher
Images Available

Great for

Wellness
Social life
Pet owners

Floor plans

A1	1 bed	1 bath	604 sqft	$1,175 /mo	2 units available	Modern 1 Bedroom, 1 Bathroom Apartment in the Heart of Downtown Portsmouth, VA Welcome to your new home in vibrant downtown Portsmouth! This stylish 1-bedroom, 1-bathroom apartment offers the perfect blend of comfort, convenience, and city living.
Renovated and Spacious 1BR In Downtown Portsmouth	1 bed	1 bath	604 sqft	$1,350 /mo	1 unit available
B2	2 bed	1 bath	879 sqft	$1,360 /mo	2 units available	Step inside to discover an open layout with a spacious living area perfect for relaxing or entertaining. The kitchen is equipped with ample cabinet space and pantry. This two-bedroom apartment also come with lots of closet space, porch and lots of natural light.
B1	2 bed	1 bath	872 sqft	$1,450 /mo	1 unit available	Step inside to discover an open layout with a spacious living area perfect for relaxing or entertaining. The kitchen is equipped with ample cabinet space and pantry. This two-bedroom apartment also come with lots of closet space, porch and lots of natural light. Come enjoy living in Olde Town Portsmouth!
B1R	2 bed	1 bath	872 sqft	$1,575 /mo	3 units available	Step inside to discover an open layout with a spacious living area perfect for relaxing or entertaining. The kitchen is equipped with ample cabinet space and Stainless-Steel appliances. This two-bedroom apartment also come with large closets, porch and lots of natural light. Come enjoy living in Olde Town Portsmouth!
C2R	3 bed	2 bath	1,122 sqft	$1,950 /mo	2 units available	Step inside to discover an open layout with a spacious living area perfect for relaxing or entertaining. The kitchen is equipped with ample cabinet space and pantry. This three-bedroom apartment also comes with a large walk-in closet, porch and two full bathrooms. Come enjoy living in Olde Town Portsmouth!

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Amenities for Beacon 303

Appliances

Dishwasher	Garbage Disposal
Oven	Range
Refrigerator	Stove

Building

Cats OK	Dogs OK
Fitness Center

Grounds

Dog Park

Swimming Pool

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. Refundable.

Contact Property

Dog Policy

Allowed

Limit1

Cat Policy

Allowed

Limit1

Questions about this property’s policies and fees?

Building details

Property details

Units	148

About Beacon 303

Home

Apartments in Portsmouth

Beacon 303

Step inside to discover an open layout with a spacious living area perfect for relaxing or entertaining. The kitchen is equipped with ample cabinet space and Stainless-Steel appliances. This two-bedroom apartment also come with large closets, porch and lots of natural light. Come enjoy living in Olde Town Portsmouth!

Zumper Expert Rating

8.3

/10

Very Good

How we rated Beacon 303

Price·9

Beacon 303 stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.

Amenities·9

Beacon 303 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, Beacon 303 receives one of the highest amenities scores.

Location·9

Beacon 303 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 Beacon 303 does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.

Trustworthiness·8

The level of transparency this property provides distinguishes it as a great rental. With a high attention to detail and desirable features, renters can be sure they will get an accurate picture of their potential new home.

Beacon 303 is great for:

Wellness

On-site fitness center or gym
Ample windows and natural lighting
There are 11 grocery stores within 1 mile
8 sports facilities (like tennis courts) nearby

Social life

This community has public spaces on site, like fitness centers or pools
138 restaurants within 1 mile of this property
Diverse age groups live in this area
28 theaters, music venues, or sports arenas nearby

Pet owners

1 pet supply store near the property

Property highlights

How Beacon 303 compares to other nearby properties.

Positives

Dishwasher: Dishwasher available in kitchen
Images Available: There are at least 10 photos of this address

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Rent trends in Portsmouth

1-bedroom apartments here are priced 3% higher than 1-bedrooms in Portsmouth.

If you decide to upgrade your space, you can expect 2-bedrooms at Beacon 303 to be 4% more than the average for similarly sized apartments in Portsmouth.

3-bedroom apartments at Beacon 303 cost about the same as 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 303 Effingham St?

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

$50,500/yr

With your selected rent-to-income ratio, you'd ideally want to make $50,500 annually to afford this 1-bedroom median monthly rent price of $1,262.

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

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