Zumper
modified
9 Hours Ago

Highlights

  • Pet Friendly
  • Open layout
  • Closet space
  • Stainless-steel appliances
  • Large walk-in closet
  • Spacious living area
  • Stylish apartment

Location

303 Effingham St, Portsmouth, VA 23704, USA
Hi! Let’s figure out if this property is right for you.

Powered by Zumper AI

Tour Beacon 303

Contact

Management

Palomar Management Group, LLC

Leasing office

(757) 347-5955

Property Overview

Beacon 303 is highly rated with a Zumper score of 8.6, indicating its appeal to renters, particularly due to its competitive pricing and excellent amenities. The property features an open layout with stainless-steel appliances and spacious living areas, positioning it in the top 80th percentile for value. It offers a vibrant community atmosphere with public spaces, diverse dining options, fitness facilities, and pet-friendly amenities, enhancing overall resident experience.

This summary uses Zumper’s proprietary data. “Zumper Expert Ratings,” “Things you’ll love,” and “Great for” are based on our internal analyses of market trends and renter insights.

Zumper Expert Rating

8.6
Very Good
With a solid 8.6 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

  • Elementary school nearby
  • High school nearby
  • Less expensive

Great for

  • Wellness
  • Pet owners
  • Social life

Floor plans

A11 bed1 bath604 sqft$1,050 /mo3 units availableModern 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.
A1R1 bed1 bath604 sqft$1,170 /mo1 unit availableStep 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 one-bedroom apartment also come with a large walk-in closet, porch and lots of natural light. Come enjoy living in Olde Town Portsmouth!
B12 bed1 bath872 sqft$1,260–$1,265 /mo2 units availableStep 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!
Renovated and Spacious 2BR In Downtown Portsmouth - ONE MONTH FREE2 bed1 bath872 sqft$1,385 /mo1 unit available

Let's explore this property.

Amenities for Beacon 303

Appliances

DishwasherOven
RangeRefrigerator
Stove

Building

Cats OKDogs OK
Fitness Center

Grounds

Dog ParkSwimming 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

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

Units148
Advertisement

About Beacon 303

HomeApartments in Portsmouth Beacon 303

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.


Zumper Expert Rating

Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.6
/10
Very Good
With a solid 8.6 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.
How we rated Beacon 303
Price·10A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
Beacon 303 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·9A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
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·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
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·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
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·8A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
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 9 grocery stores within 1 mile
  • On-site pool or spa

Pet owners

  • 1 dog park within 1 mile
  • 1 pet supply store near the property

Social life

  • Areas nearby are accessible by walking
  • This community has public spaces on site, like fitness centers or pools
  • 147 restaurants within 1 mile of this property
  • Diverse age groups live in this area

Property highlights

We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.

How Beacon 303 compares to other nearby properties.

Positives

Elementary school nearby
There is an elementary school 0.4 mile away
High school nearby
There is a high school 1 mile away
Less expensive
The 1-bedrooms are cheaper than other similar listings nearby
Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Images Available
There are at least 10 photos of this address
Pet friendly
This property allows pets

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.
Email*
By clicking submit, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values.

Rent trends in Portsmouth

1-bedroom apartments here are priced 2% lower than 1-bedrooms in Portsmouth.

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

Median rents as of Dec 13 2025.
Portsmouth
A table of 1-bedroom apartment rental data trends in Portsmouth
MonthMedian Rent
December 2023$1,214
January 2024$1,224
February 2024$1,229
March 2024$1,257
April 2024$1,226
May 2024$1,249
June 2024$1,215
July 2024$1,269
August 2024$1,274
September 2024$1,228
October 2024$1,087
November 2024$1,070
December 2024$998
January 2025$1,175
February 2025$1,222
March 2025$1,242
April 2025$1,200
May 2025$1,191
June 2025$1,162
July 2025$1,126
August 2025$1,140
September 2025$1,162
October 2025$1,201
November 2025$1,182
December 2025$1,146

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

$44,400/yr

With your selected rent-to-income ratio, you'd ideally want to make $44,400 annually to afford this 1-bedroom median monthly rent price of $1,110.
For more information on rent affordability, visit our rent calculator.

Schools near Beacon 303

Mount Hermon Preschool Center

3000 north st

portsmouth, VA, 23707

PKPublic

Olive Branch Preschool Center

415 mimosa rd

portsmouth, VA, 23701

PKPublic

Churchland Preschool Center

4061 river shore rd

portsmouth, VA, 23703

PKPublic
Powered byniche.com
Advertisement

Internet available near Beacon 303

Getting around Portsmouth near 303 Effingham St

Walking

6/10
Some shops and stores are within a few minutes.

Driving

9/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

5/10
More spots are within biking distance and some roads are cyclist-friendly.

Transit

3/10
There are a few mass transit options within the area.

Points of interest for 303 Effingham St, Portsmouth

Groceries

4/10
At least one grocery store within a 30-minute walk

Shopping

5/10
Some shops within walking distance

Cafes

6/10
Some cafés within walking distance

Restaurants

5/10
Some restaurants within walking distance

Primary schools

10/10
At least one elementary school within a 5-minute walk

High schools

10/10
At least one high school within a 5-minute walk

Parks

4/10
Limited amount of park space nearby

Nightlife

3/10
Few or no bars within walking distance

Explore the area around 303 Effingham St

Food Lion
1503 London Blvd
Great Atlantic & Pacific Tea
707 7th St
Save & Save Supermarket
1000 7th St
Berkley Supemarket
201 E Berkley Ave
Watergate
637 E Olney Rd

Compare similar properties nearby

featured image of 16 Debra Lane

Stanley Court

Our team has verified this company

16 Debra Lane

2–3 Beds

$1,399–$1,559

cats ok
Yes
on-site laundry
Yes
fitness center
No
featured image of 5624 High Street West

Cedar Creek

Our team has verified this company

5624 High Street West

1–2 Beds

$1,034–$1,181

cats ok
Yes
on-site laundry
Yes
fitness center
No
featured image of 5699 Craneybrook Lane

Edgefield Apartments

Our team has verified this company

5699 Craneybrook Lane

1–2 Beds

$1,270–$1,390

cats ok
Yes
on-site laundry
Yes
fitness center
No
featured image of 200 College Pl

Heritage at Freemason Harbour

Our team has verified this company

Downtown Norfolk • 200 College Pl

1–2 Beds

$1,505–$2,107

cats ok
Yes
on-site laundry
No
fitness center
Yes
featured image of 360 Harbor Pointe Court

The Retreat at Harbor Pointe

Our team has verified this company

Campostella Heights • 360 Harbor Pointe Court

2–3 Beds

$1,242–$1,427

cats ok
No
on-site laundry
Yes
fitness center
Yes
featured image of 159 Cheyenne Trail

Belle Hall Apartments

Our team has verified this company

159 Cheyenne Trail

2–3 Beds

$1,187–$1,362

cats ok
No
on-site laundry
No
fitness center
No
featured image of 1105 Merchants Court

Lakes of Greenbrier

Our team has verified this company

Greenbrier East • 1105 Merchants Court

1–3 Beds

$1,445–$1,800

cats ok
Yes
on-site laundry
No
fitness center
No
featured image of 3504 Executive Center Drive

Commons at Churchland

Our team has verified this company

Western Branch North • 3504 Executive Center Drive

2 Beds

$995–$1,335

cats ok
Yes
on-site laundry
No
fitness center
Yes
featured image of 16 Debra Lane

Stanley Court

Our team has verified this company

16 Debra Lane

2–3 Beds

$1,399–$1,559

cats ok
Yes
on-site laundry
Yes
fitness center
No
featured image of 5624 High Street West

Cedar Creek

Our team has verified this company

5624 High Street West

1–2 Beds

$1,034–$1,181

cats ok
Yes
on-site laundry
Yes
fitness center
No
featured image of 5699 Craneybrook Lane

Edgefield Apartments

Our team has verified this company

5699 Craneybrook Lane

1–2 Beds

$1,270–$1,390

cats ok
Yes
on-site laundry
Yes
fitness center
No
featured image of 200 College Pl

Heritage at Freemason Harbour

Our team has verified this company

Downtown Norfolk • 200 College Pl

1–2 Beds

$1,505–$2,107

cats ok
Yes
on-site laundry
No
fitness center
Yes
featured image of 360 Harbor Pointe Court

The Retreat at Harbor Pointe

Our team has verified this company

Campostella Heights • 360 Harbor Pointe Court

2–3 Beds

$1,242–$1,427

cats ok
No
on-site laundry
Yes
fitness center
Yes
featured image of 159 Cheyenne Trail

Belle Hall Apartments

Our team has verified this company

159 Cheyenne Trail

2–3 Beds

$1,187–$1,362

cats ok
No
on-site laundry
No
fitness center
No
featured image of 1105 Merchants Court

Lakes of Greenbrier

Our team has verified this company

Greenbrier East • 1105 Merchants Court

1–3 Beds

$1,445–$1,800

cats ok
Yes
on-site laundry
No
fitness center
No
featured image of 3504 Executive Center Drive

Commons at Churchland

Our team has verified this company

Western Branch North • 3504 Executive Center Drive

2 Beds

$995–$1,335

cats ok
Yes
on-site laundry
No
fitness center
Yes

Check availability

Full name*
Move-in date
Floor plan
By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by Beacon 303.