
Cheap Apartments for Rent in Portsmouth, IA from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in Portsmouth.


Westwood Apartments

Regency Villa of Atlantic

Hidden Bluffs Apartments

Maple Second

Residences at Sorensen Square
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Larimore Senior Residences

Riverbend - Newly Renovated! Call today!

625 5th Ave
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Portsmouth, IA Local Guide

How much does it cost to rent an apartment in Portsmouth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Portsmouth Studio Apartments | $904 | $536 | $1,215 |
Portsmouth 1 Bedroom Apartments | $1,194 | $561 | $1,740 |
Portsmouth 2 Bedroom Apartments | $1,472 | $663 | $2,465 |
Portsmouth 3 Bedroom Apartments | $1,596 | $1,050 | $2,450 |
Portsmouth 4 Bedroom Apartments | $1,573 | $1,500 | $1,646 |
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Portsmouth, IA Local Guide
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Cheapest Available Portsmouth Apartments for Rent and Nearby
 The cheapest available apartment rental in Portsmouth, IA is a Studio unit found at Dana Village priced from $536. Regency Villa of Atlantic has the second lowest priced unit, which is a 1 Bed apartment currently listed from $775. Here is today’s list of the most affordable Portsmouth apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Dana Village | S3 | Studio,1BA | $536 |
Regency Villa of Atlantic | 1 Bedroom | 1BR,1BA | $775 |
Maple Second | One Bed/One Bath | 1-1 | 1BR,1BA | $800 |
Larimore Senior Residences | One Bed/One Bat 50% Hh | 1BR,1BA | $823 |
3633 Avenue A | 2 Bed 1 Bath | 2BR,1BA | $850 |
Best Value Apartments for Rent in Portsmouth, IA and Nearby
As of May 24, 2025 the best value apartment in the Portsmouth area is the $1.18 price per square foot 1 Bed 1 Bath Model at Cornerstone Apartments in the in the Old Market neighborhood starting from $1,475. The second greatest value Portsmouth apartment is the 2BR/1.0BA Model at The Archive starting at $1,475 with a $1.21 price per square foot in the Twin City neighborhood. Here is today’s list of the best values for Portsmouth apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Cornerstone Apartments | 1 Bed 1 Bath | 1BR,1BA | $1.18 |
The Archive | 2BR/1.0BA | 2BR,1BA | $1.21 |
Residences at Sorensen Square | 3 Bedroom | 3BR,2BA | $1.08 |
Highclere Apartments | 2 Beds 2 Baths | 2BR,2BA | $1.18 |
The Brandeis | AC.2B.G | 2BR,1BA | $1.28 |
The Bluffs | Two Bedroom 2nd Floor | 2BR,1BA | $1.05 |
Deerfield | Two Bedroom 22A | 2BR,1.75BA | $1.25 |
Larimore Senior Residences | One Bed/One Bath - 50% | 1BR,1BA | $1.28 |
Dana Village | S1B | Studio ,1BA | $0.79 |
Regency Villa of Atlantic | 1 Bedroom | 1BR,1BA | $1.29 |
Quick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestylePortsmouth, IA
Ranked #188
Among cities in Iowa for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Portsmouth, IA
Walk Score®
3 / 100
Car-Dependent
Almost all errands require a car
Bike Score®
13 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
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 Dana Village listed at $536.
How much is rent for a Cheap One Bedroom Portsmouth Apartment?
The lowest price for a Cheap One Bedroom Portsmouth Apartment is $561 at Dana Village.
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 $850 at 3633 Avenue A.
What is the most affordable Portsmouth Three Bedroom Apartment?
The best deal on a cheap Portsmouth Three Bedroom Apartment rental is at 3633 Avenue A and starts from $1,050.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.