913 Ave A
Council BluffsIA51503
Cheap Homes for Rent in Portsmouth, IA from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Portsmouth.
120 N 30th St
OmahaNE68131
4314 N 52nd St
OmahaNE68104
4123 Avenue C
Council BluffsIA51501
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.
4105 Avenue C
Council BluffsIA51501
2305 John A Creighton Blvd
OmahaNE68111
3309 Ave I
Council BluffsIA51501
3674 Bedford Ave
OmahaNE68111
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.
3356 N 41st St
OmahaNE68111
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Portsmouth, IA Local Guide
A Sunny June Iowa Day by Carl Wycoff is licensed under CC BY 2.0
How much does it cost to rent a home in Portsmouth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portsmouth 2 Bedroom Homes for Rent | $1,442 | $795 | $2,950 |
| Portsmouth 3 Bedroom Homes for Rent | $1,540 | $945 | $1,900 |
| Portsmouth 4 Bedroom Homes for Rent | $1,900 | $1,600 | $2,200 |
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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 1 Bed unit found at 1209 Maple St priced from $550. Residences at Sorensen Square in the North Omaha neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Portsmouth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1209 Maple St | 1 BED / 1 BATH | 1BR,1BA | $550 |
| Residences at Sorensen Square | 1BR/1.0BA | 1BR,1BA | $750 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $760 |
Best Value Apartments for Rent in Portsmouth, IA and Nearby
As of June 07, 2026 the best value apartment in the Portsmouth area is the $1.08 price per square foot AC.3B.2.5B Model at The Brandeis in the in the Old Market neighborhood starting from $2,449. The second greatest value Portsmouth apartment is the 3 Bed 2 Bath Single Section Model at Lakeside Estates starting at $1,349 with a $1.11 price per square foot in the Sherman 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. |
|---|---|---|---|
| The Brandeis | AC.3B.2.5B | 3BR,2.5BA | $1.08 |
| Lakeside Estates | 3 Bed 2 Bath Single Section | 3BR,2BA | $1.11 |
| The Archive | 1BR/1.0BA | 1BR,1BA | $0.99 |
| Westwood Apartments | 2 BD | 2BR,1BA | $0.75 |
| Cottonwood Apartments | 2X1B | 2BR,1BA | $1.08 |
| Riverbend - Newly Renovated! Call today! | One Bedroom | 1BR,1BA | $1.24 |
| The Bluffs | One Bedroom | 1BR,1BA | $1.25 |
| Larimore Senior Residences | One Bed/One Bat 60% | 1BR,1BA | $1.13 |
| Residences at Sorensen Square | 1BR/1.0BA | 1BR,1BA | $1.25 |
| 1209 Maple St | 1 BED / 1 BATH | 1BR,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
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.
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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.
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Explore Portsmouth, IA Rentals by Map
See the most popular apartments and homes in Portsmouth, IA
Frequently Asked Questions about Portsmouth
What type of rentals are currently available in Portsmouth?
There are currently 52 Apartments for Rent in Portsmouth, IA with pricing that ranges from $550 to $2,504. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $795 to $2,950.
What is the current price range for Rental Homes in Portsmouth?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Portsmouth ranges from $795 to $2,950 with an average monthly rent of $1,533.
How much are larger Three and Four Bedroom Rentals in Portsmouth?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Portsmouth range from $1,200 to $2,504, while Three Bedroom Homes, Condos, and Townhomes for rent range from $945 to $1,900. Four Bedroom Single-Family rentals are also available starting from $1,600 and Four Bedroom Apartments start at $679.
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
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.