Cheap Homes for Rent in Portsmouth, IA from $900 (7 Rentals)

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

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.

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.

Portsmouth, IA Local Guide

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. 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
Dana VillageS3Studio,1BA$536
Larimore Senior ResidencesOne Bed/One Bat 60%1BR,1BA$760
Regency Villa of Atlantic1 Bedroom1BR,1BA$775

Best Value Apartments for Rent in Portsmouth, IA and Nearby

As of July 30, 2025 the best value apartment in the Portsmouth area is the $1.18 price per square foot AC.2B.2B.B/P Model at The Brandeis in the in the Old Market neighborhood starting from $1,650. The second greatest value Portsmouth apartment is the Two Bedroom 22D Model at Deerfield starting at $1,440 with a $1.07 price per square foot . 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 BrandeisAC.2B.2B.B/P2BR,2BA$1.18
DeerfieldTwo Bedroom 22D2BR,2BA$1.07
The Archive2BR/1.0BA2BR,1BA$1.21
Residences at Sorensen Square3 Bedroom3BR,2BA$1.08
Highclere Apartments2 Beds 2 Baths2BR,2BA$1.24
The BluffsTwo Bedroom 1st Floor2BR,1BA$1.05
Nichol Flats1x1 B1BR,1BA$1.33
Larimore Senior ResidencesOne Bed/One Bath - 50%1BR,1BA$1.28
Dana VillageS1BStudio ,1BA$0.79
Regency Villa of Atlantic1 Bedroom1BR,1BA$1.29

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Frequently Asked Questions about Portsmouth

What type of rentals are currently available in Portsmouth?

There are currently 45 Apartments for Rent in Portsmouth, IA with pricing that ranges from $536 to $2,694. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $925 to $3,300.

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 $925 to $3,300 with an average monthly rent of $1,967.

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 $2,645, while Three Bedroom Homes, Condos, and Townhomes for rent range from $925 to $2,775. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $639.

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.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

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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.