
Cheap Apartments for Rent in Peterborough, NH from $700 (53 Rentals)
Search the lowest-cost Apartments available for rent right now in Peterborough.


Riverview Apartments

Pine View Apartments

The Pines Apartments

Heritage Gardens

Pine Valley Residential, LLC

Riverside Commons

Total Monthly Price
Baldwinville School Apartments

9 Aliber Pl

Washington Park of Keene
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.

The Fitchburg Arts Community

40 Fitchburg Rd, Unit 324

Woodland Village

Ridgewood Apartments Gardner

Boulder Park Apartments

Monadnock Place

Princeton at Mill Pond

Twin Bridge

44 Fitchburg Rd, Unit 428

Meadowbrook Village
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.

Milford Trails Apartments and Storage

Colony Mill

Princeton Square

Meadowbrook Village

Highwood Village

Bow Lane/ Next Gen, LLC

Huntington Exchange Merrimack

Woodlawn Apartments

Moran Square

Hilltop by Princeton
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.

Residences at Hadley Falls

35-37 Washington Ave

Swanzey West Apartments

77 Rush Road

Hillsborough Heights Apartments

353 Crescent St

Anwelt Heritage - A 55+ Community

Westminster Senior Residences 62+

21 Waverly St

Jaffwood Apartments
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.

43 Carroll St

Jaffrey Village

255 Main St

5 Mark St

67-69 County Rd

24 Regan St

26 Elm St

73 Kingsbury St

210 Mt Elam Rd

57-59 Nichols St
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.
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 | $1,675 | $1,119 | $2,600 |
| Peterborough 1 Bedroom Apartments | $2,018 | $1,235 | $3,175 |
| Peterborough 2 Bedroom Apartments | $2,383 | $1,470 | $4,790 |
| Peterborough 3 Bedroom Apartments | $2,486 | $1,800 | $3,355 |
| Peterborough 4 Bedroom Apartments | $1,751 | $775 | $3,250 |
Browse Top Apartments in Peterborough
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Peterborough, NH Local Guide
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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 Apartments 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 Apartments | 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 |
| Jaffwood Apartments | 1 Bedroom | 1BR,1BA | $1,475 |
| Pine Valley Residential, LLC | 1BD/1BA/60% | 1BR,1BA | $1,514 |
| The Pines Apartments | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $1,549 |
| Ridgewood Apartments Gardner | 1BR/1.0BA | 1BR,1BA | $1,575 |
| Riverside Commons | 2 bedroom Market | 2BR,1BA | $1,625 |
| Boulder Park Apartments | The Jackson | 1BR,1BA | $1,650 |
Best Value Apartments for Rent in Peterborough, NH and Nearby
As of July 27, 2026 the best value apartment in the Peterborough area is the $0.99 price per square foot 2 bedroom Market Model at Riverside Commons in the in the West Fitchburg neighborhood starting from $1,625. The second greatest value Peterborough apartment is the 2BD/1BA/80/Den Model at Twin Bridge starting at $2,000 with a $1.61 price per square foot in the Tanager Landing 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. |
|---|---|---|---|
| Riverside Commons | 2 bedroom Market | 2BR,1BA | $0.99 |
| Twin Bridge | 2BD/1BA/80/Den | 2BR,1BA | $1.61 |
| Bow Lane/ Next Gen, LLC | 2BD/2BA/MKT | 2BR,2BA | $1.82 |
| Town and Country Apartments | One Bedroom One Bathroom | 1BR,1BA | $2.13 |
| Princeton Square | Elm | 1BR,1BA | $2.04 |
| Moran Square | 1 Bed 1 Bath | 1BR,1BA | $2.15 |
| Washington Park of Keene | 1B1B - 31 Washington Street | 1BR,1BA | $1.73 |
| The Pines Apartments | 2 Bedrooms, 1 Bathroom | 2BR,1BA | $2.01 |
| Pine Valley Residential, LLC | 1BD/1BA/60% | 1BR,1BA | $1.98 |
| Jaffwood Apartments | 1 Bedroom | 1BR,1BA | $2.11 |
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 $1,400 at Washington Park of Keene.
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 $1,549 at The Pines Apartments.
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.

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.

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.