
Cheap Apartments for Rent in Peterborough, NH from $700 (60 Rentals)
Search the lowest-cost Apartments available for rent right now in Peterborough.


Riverview Apartments

Pine View Apartments

Arcadia Hall

The Pines Apartments

Heritage Gardens

Riverside Commons

Total Monthly Price
Baldwinville School Apartments

Anwelt Heritage - A 55+ Community

Washington Park of Keene
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.

9 Aliber Pl

Westminster Senior Residences 62+

The Fitchburg Arts Community

Pine Valley Lofts

40 Fitchburg Rd, Unit 324

Moran Square

Woodland Village

Residences at Daniel Webster Nashua

Orchard Overlook Apartments

Woodlawn Apartments
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.

Boulder Park Apartments

Princeton at Mill Pond

Twin Bridge

44 Fitchburg Rd, Unit 428

Meadowbrook Village

Monadnock Place

Highwood Village

Colony Mill

Milford Trails Apartments and Storage

Princeton Square
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Meadowbrook Village

Huntington Exchange Merrimack

Bow Lane/ Next Gen, LLC

London Court

Hilltop by Princeton

Total Monthly Price
Halstead Merrimack

Cooper Lane Apartments, LLC

Residences at Hadley Falls

Regent Park Apartments

Swanzey West Apartments
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

77 Rush Road

Hillsborough Heights Apartments

353 Crescent St

21 Waverly St

576 Francestown Rd

Jaffrey Village

255 Main St

Jaffwood Apartments

24 Regan St

486 Nashua St
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.
Peterborough, NH Local Guide

How much does it cost to rent an apartment in Peterborough?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Peterborough Studio Apartments | $1,665 | $1,119 | $2,600 |
| Peterborough 1 Bedroom Apartments | $1,979 | $1,095 | $3,306 |
| Peterborough 2 Bedroom Apartments | $2,381 | $1,494 | $4,752 |
| Peterborough 3 Bedroom Apartments | $2,537 | $1,800 | $3,355 |
| Peterborough 4 Bedroom Apartments | $1,751 | $775 | $3,250 |
Browse Top Apartments in Peterborough
See all Apartments in PeterboroughExplore Peterborough
Peterborough, NH Local Guide
- Nearby Cities
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Cheapest Available Peterborough Apartments for Rent and Nearby
 The cheapest available apartment rental in Peterborough, NH is a 4 Beds unit found at Arcadia Hall in the West Keene neighborhood priced from $775. Anwelt Heritage - A 55+ Community in the West Fitchburg neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,348. Here is today’s list of the most affordable Peterborough apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arcadia Hall | Student Apartments - Furnished 3 or 4 Bedroom /... | 4BR,2BA | $775 |
| Anwelt Heritage - A 55+ Community | 1 Bedroom Affordable/Income Restriction | 1BR,1BA | $1,348 |
| Washington Park of Keene | 1B1B - 31 Washington Street | 1BR,1BA | $1,400 |
| 9 Aliber Pl | Studio, 1 bath | Studio,1BA | $1,400 |
| Pine Valley Lofts | One Bedroom | 1BR,1BA | $1,500 |
| Moran Square | 2 Beds 1 Bath | 2BR,1BA | $1,510 |
| The Pines Apartments | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1,549 |
| Orchard Overlook Apartments | Studio | Studio,1BA | $1,600 |
| Woodlawn Apartments | One Bedroom | 1BR,1BA | $1,600 |
| Jaffwood Apartments | 2 Bedroom | 2BR,1BA | $1,600 |
Best Value Apartments for Rent in Peterborough, NH and Nearby
As of June 11, 2026 the best value apartment in the Peterborough area is the $1.72 price per square foot 2 Bed 2 Bath Model at Colony Mill in the in the West Keene neighborhood starting from $2,285. The second greatest value Peterborough apartment is the 3 Bedroom Model at Riverside Commons starting at $2,290 with a $1.84 price per square foot in the West Fitchburg neighborhood. Here is today’s list of the best values for Peterborough apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Colony Mill | 2 Bed 2 Bath | 2BR,2BA | $1.72 |
| Riverside Commons | 3 Bedroom | 3BR,1.5BA | $1.84 |
| 30 Granite St, Unit Floor 1 | 30 Granite St | 2BR,1BA | $1.52 |
| Arcadia Hall | Professional Suites - Fully Furnished 2, 3, or ... | 4BR,2BA | $0.79 |
| Moran Square | 2 Beds 1 Bath | 2BR,1BA | $1.42 |
| Anwelt Heritage - A 55+ Community | 2 Bedroom Affordable | 2BR,1BA | $1.67 |
| Twin Bridge | 2BD/1BA/60 | 2BR,1BA | $1.88 |
| Washington Park of Keene | 1B1B - 31 Washington Street | 1BR,1BA | $1.73 |
| Jaffwood Apartments | 2 Bedroom | 2BR,1BA | $2.00 |
| The Pines Apartments | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.01 |
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.
Best Local Schools in Peterborough, NH
Peterborough Elementary School
Conval Regional High School
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Peterborough, NH Rentals by Map
See the most popular apartments and homes in Peterborough, NH
Frequently Asked Questions about Cheap Peterborough Apartments
What is the Cheapest Studio apartment in Peterborough?
Currently the most affordable Cheap Studio Apartment in Peterborough is at 9 Aliber Pl listed at $1,400.
How much is rent for a Cheap One Bedroom Peterborough Apartment?
The lowest price for a Cheap One Bedroom Peterborough Apartment is $1,348 at Anwelt Heritage - A 55+ Community.
What is the lowest price for a Cheap Two Bedroom Peterborough Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Peterborough is starting from $1,510 at Moran Square.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.