
Cheap Homes for Rent in Portsmouth, IA from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Portsmouth.


3623 5th Ave

5 Grace St
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.

3918 N 41st St

456 S Walnut St

4129 N 40th Ave

4924 N 40th St

2008 Spencer St

3317 Ave A

3947 N 38th St

2402 Ave A
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.

3019 Avenue E

1451 Lincoln St
Portsmouth, IA Local Guide

How much does it cost to rent a home in Portsmouth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Portsmouth 2 Bedroom Homes for Rent | $1,403 | $810 | $2,950 |
Portsmouth 3 Bedroom Homes for Rent | $1,583 | $1,350 | $1,800 |
Portsmouth 4 Bedroom Homes for Rent | $1,871 | $1,495 | $2,595 |
Portsmouth 5 Bedroom Homes for Rent | $2,925 | $2,850 | $3,000 |
Browse Top Homes for Rent in Portsmouth
Explore Portsmouth
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 June 03, 2025 the best value apartment in the Portsmouth area is the $1.36 price per square foot 3 Bedroom Model at Valley View Estates in the starting from $1,825. The second greatest value Portsmouth apartment is the 1 Bed 1 Bath Model at Cornerstone Apartments starting at $1,475 with a $1.18 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Valley View Estates | 3 Bedroom | 3BR,2BA | $1.36 |
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 |
The Brandeis | AC.2B.G | 2BR,1BA | $1.28 |
Deerfield | Two Bedroom 22A | 2BR,1.75BA | $1.27 |
Larimore Senior Residences | One Bed/One Bath - 50% | 1BR,1BA | $1.28 |
The Bluffs | One Bedroom | 1BR,1BA | $1.25 |
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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Frequently Asked Questions about Portsmouth
What type of rentals are currently available in Portsmouth?
There are currently 44 Apartments for Rent in Portsmouth, IA with pricing that ranges from $536 to $2,450. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $810 to $3,000.
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 $810 to $3,000 with an average monthly rent of $1,874.
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 $1,050 to $2,450, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $1,800. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,500.
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.