
Cheap Apartments for Rent in Pelham, NH from $800 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Pelham.


Total Monthly Price
Edge Merrimack

Friars Court 1

The Avenue at Greenmont

River Place Towers

Spruce Knoll

The Depot & Main

Hampshire Heights
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Barker Avenue Apartments

Total Monthly Price
River Crossing

Total Monthly Price
Loft Two Seven

Willow Park Apartments

Pheasant Run Apartments

Total Monthly Price
The Pines at Hovey Square

Brook Village West

Meadow Lane Apartments
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Elm Crest Estates

Eagle Rock Apartments at Hudson

Total Monthly Price
24 Merrimack Street Apartments

59 Nesmith St

Wallace Farm Apartment Homes

The Beaver Brook Village

Riverfront Landing

The Residences at The Franco
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Caro Tuscan Village

Total Monthly Price
Brettonwood Estates

308 Pawtucket St

Allards Grove

Lakeshore Apartments

15 Indiana Dr

114 Appleton St

50 3rd Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Clough Farm Apartments

198 Mammoth Rd

205 Main

187-189 Lowell St

Grassfields Commons

82 Gershom Ave

240 Jackson St

5 Clarks Ct
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.

53 Nesmith St

22 7th Ave

5 Sally Sweets Way
Pelham, NH Local Guide

How much does it cost to rent an apartment in Pelham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Pelham Studio Apartments | $2,200 | $1,600 | $3,081 |
| Pelham 1 Bedroom Apartments | $2,482 | $1,317 | $3,855 |
| Pelham 2 Bedroom Apartments | $2,852 | $1,576 | $6,305 |
| Pelham 3 Bedroom Apartments | $4,169 | $1,994 | $7,216 |
| Pelham 4 Bedroom Apartments | $3,600 | $3,600 | $3,600 |
Browse Top Apartments in Pelham
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Pelham, NH Local Guide
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Cheapest Available Pelham Apartments for Rent and Nearby
 The cheapest available apartment rental in Pelham, NH is a 1 Bed unit found at The Avenue at Greenmont in the Dracut neighborhood priced from $1,439. River Place Towers in the Downtown Lowell neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,465. Here is today’s list of the most affordable Pelham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Avenue at Greenmont | One Bedroom 60% | 1BR,1BA | $1,439 |
| River Place Towers | 1 Bedroom | 1BR,1BA | $1,465 |
| The Depot & Main | 1BD1BA | 1BR,1BA | $1,590 |
| Hampshire Heights | Studio | Studio,1BA | $1,600 |
| The Pines at Hovey Square | Two Bedroom | 2BR,1BA | $1,750 |
| Royal Crest Nashua | The Hampton | Studio,1BA | $1,755 |
| Eagle Rock Apartments at Hudson | A1 | 1BR,1BA | $1,860 |
| 24 Merrimack Street Apartments | 1 bedroom | 1BR,1BA | $1,900 |
| Brook Village West | Studio | Studio,1BA | $1,905 |
| Wallace Farm Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $1,950 |
Best Value Apartments for Rent in Pelham, NH and Nearby
As of August 05, 2026 the best value apartment in the Pelham area is the $1.88 price per square foot Woodbridge Deluxe (A-B2CR) Model at Abbott Landing, LLC in the in the Industrial Park neighborhood starting from $2,550. The second greatest value Pelham apartment is the 2 bedroom Model at 24 Merrimack Street Apartments starting at $2,125 with a $1.79 price per square foot in the Downtown Lowell neighborhood. Here is today’s list of the best values for Pelham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Abbott Landing, LLC | Woodbridge Deluxe (A-B2CR) | 2BR,2BA | $1.88 |
| 24 Merrimack Street Apartments | 2 bedroom | 2BR,1BA | $1.79 |
| Grandview Apartments | A1 | 2BR,2BA | $2.58 |
| Princeton Reserve | The Estate | 2BR,2BA | $2.58 |
| Massachusetts Mills | Mass Mills II 2BR/1BA | 2BR,1BA | $2.70 |
| Wallace Farm Apartment Homes | 1 Bed 1 Bath | 1BR,1BA | $2.35 |
| The Apartments at Boott Mills | One Bedroom | 1BR,1BA | $2.75 |
| River Crossing | 2 Bedroom | 2BR,1BA | $2.48 |
| The Depot & Main | 1BD1BA | 1BR,1BA | $2.41 |
| The Avenue at Greenmont | One Bedroom 60% | 1BR,1BA | $2.30 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Pelham, NH Rentals by Map
See the most popular apartments and homes in Pelham, NH
Frequently Asked Questions about Cheap Pelham Apartments
What is the Cheapest Studio apartment in Pelham?
Currently the most affordable Cheap Studio Apartment in Pelham is at Hampshire Heights listed at $1,600.
How much is rent for a Cheap One Bedroom Pelham Apartment?
The lowest price for a Cheap One Bedroom Pelham Apartment is $1,439 at The Avenue at Greenmont.
What is the lowest price for a Cheap Two Bedroom Pelham Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Pelham is starting from $1,739 at River Place Towers.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.