Cheap Apartments for Rent in Portsmouth, IA from $500 (43 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Portsmouth.

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.

Read Article

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.

Read Article
close
View Me
The Brandeis
$1,004 - $2,504
Total Monthly Price

Total Monthly Price

Base Rent
$1,004 - $2,504
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

The Brandeis

210 S 16th StOmaha, NE 68102
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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.

Read Article
close
View Me
Valley View Estates
Rent Specials
$1,185 - $1,850
Total Monthly Price

Total Monthly Price

Base Rent
$1,185 - $1,850
Total Monthly Price
$1,185 - $1,850
1 to 3 Bedroom Apartments Available Now

Valley View Estates

720 Valley View DrCouncil Bluffs, IA 51503
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
close
View Me
Dana Village
Studio to 2 Bedroom Apartments

Dana Village

2854 Angels Share DrBlair, NE 68008

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.

Read Article
close
View Me
22 Floors
Studio to 1 Bedroom Apartments

22 Floors

1314 Mike Fahey StOmaha, NE 68102
close
View Me
3633 Avenue A
2 to 3 Bedroom Apartments

3633 Avenue A

3633 Avenue ACouncil Bluffs, IA 51501
  • Utilities Included

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.

Read Article
close
View Me
The Greenhouse
1 to 3 Bedroom Apartments

The Greenhouse

900 Farnam StOmaha, NE 68102
Corporate Housing
Showing Results 1-43, Page 1 of 1

Portsmouth, IA Local Guide

Cheapest Available Portsmouth Apartments for Rent and Nearby

 

The cheapest available apartment rental in Portsmouth, IA is a 1 Bed unit found at 1209 Maple St priced from $550. Larimore Senior Residences in the Omaha View neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $760. Here is today’s list of the most affordable Portsmouth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1209 Maple St1 BED / 1 BATH1BR,1BA$550
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$760
Regency Villa of Atlantic1 Bedroom1BR,1BA$775
Woodland ApartmentsOne Bedroom/One Bath1BR,1BA$781
Westwood Apartments2 BD2BR,1BA$785
Residences at Sorensen Square1BR/1.0BA1BR,1BA$800
SUNDANCE ATLANTIC APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$850
Maple SecondOne Bed/One Bath | 1-11BR,1BA$875
9inesFlyball1BR,1BA$895
The BluffsOne Bedroom1BR,1BA$900

Best Value Apartments for Rent in Portsmouth, IA and Nearby

As of July 06, 2026 the best value apartment in the Portsmouth area is the $1.11 price per square foot 2BR/2.0BA Model at The Archive in the in the Council Bluffs neighborhood starting from $1,500. The second greatest value Portsmouth apartment is the AC.2B.2B.G Model at The Brandeis starting at $1,354 with a $1.11 price per square foot in the Old Market neighborhood. Here is today’s list of the best values for Portsmouth apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Archive2BR/2.0BA2BR,2BA$1.11
The BrandeisAC.2B.2B.G2BR,2BA$1.11
Lakeside Estates3 Bed 2 Bath Single Section3BR,2BA$1.15
Westwood Apartments2 BD2BR,1BA$0.75
Deerfield ApartmentsBirch2BR,2BA$1.19
Cottonwood Apartments2X1B2BR,1BA$1.08
SUNDANCE ATLANTIC APARTMENTS2 Bedroom 2 Bathroom2BR,2BA$1.03
Riverbend - Newly Renovated! Call today!One Bedroom1BR,1BA$1.24
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$1.13
1209 Maple St1 BED / 1 BATH1BR,1BA$1.10

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 Article
Decorative image

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Portsmouth, IA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Portsmouth, IA

View Map
Portsmouth, IA Apartments Map
View Map
Portsmouth, IA Rental Homes Map

Frequently Asked Questions about Cheap Portsmouth Apartments

What is the Cheapest Studio apartment in Portsmouth?

Currently the most affordable Cheap Studio Apartment in Portsmouth is at NoDo listed at $900.

How much is rent for a Cheap One Bedroom Portsmouth Apartment?

The lowest price for a Cheap One Bedroom Portsmouth Apartment is $550 at 1209 Maple St.

What is the lowest price for a Cheap Two Bedroom Portsmouth Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Portsmouth is starting from $785 at Westwood Apartments.

What is the most affordable Portsmouth Three Bedroom Apartment?

The best deal on a cheap Portsmouth Three Bedroom Apartment rental is at Featherstone Apartments and starts from $1,200.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention article

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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

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.