
Cheap Apartments for Rent in Portsmouth, NH from $1,200 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in Portsmouth.


Osprey Landing
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.

Sagamore Court

528 Ocean Blvd

55 US-1 BYP

20-22-22 Ham 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.

12 Essex St
Portsmouth, NH Local Guide

How much does it cost to rent an apartment in Portsmouth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Portsmouth Studio Apartments | $2,199 | $1,210 | $3,295 |
Cheap Portsmouth 1 Bedroom Apartments | $2,612 | $1,240 | $3,715 |
Cheap Portsmouth 2 Bedroom Apartments | $3,166 | $1,640 | $3,845 |
Cheap Portsmouth 3 Bedroom Apartments | $3,677 | $2,400 | $4,700 |
Cheap Portsmouth 4 Bedroom Apartments | $2,700 | $2,700 | $2,700 |
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Portsmouth, NH Local Guide
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Cheapest Neighborhoods for Apartments in Portsmouth, NH
Pricing Updated: 07/02/2025Current apartment rentals in the Portsmouth, NH area range in price from $1,050 to $4,700 with an overall median price of $3,601. The three Portsmouth neighborhoods with the lowest median rent pricing are Strawberry Banke at $1,900, New Hampshire Beaches at $1,050, and Osprey Landing at $1,750. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Portsmouth Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Strawberry Banke | $2,950 | $1,900 | 9 |
New Hampshire Beaches | $3,150 | $1,050 | 68 |
Osprey Landing | $3,452 | $1,750 | 41 |
Downtown Portsmouth | $3,552 | $1,750 | 11 |
South End | $3,552 | $1,750 | 11 |
Ocean Road | $3,885 | $1,210 | 13 |
Portsmouth Plains | $3,885 | $1,210 | 14 |
Colonial Pines | $3,992 | $1,210 | 11 |
Hillcrest | $3,992 | $1,210 | 17 |
Cheapest Available Portsmouth Apartments for Rent
 The cheapest available apartment rental in Portsmouth, NH is a Studio unit found at Monarch Village in the Ocean Road neighborhood priced from $2,050. Seacoast Residences in the Osprey Landing neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,163. Here is today’s list of the most affordable Portsmouth apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Monarch Village | 0BR/1.0BA | Studio,1BA | $2,050 |
Seacoast Residences | The Lighthouse | Studio,1BA | $2,163 |
Sagamore Court | 2 Bedroom | 2BR,1BA | $2,195 |
Madison Residences | 1-Bedroom | 1BR,1BA | $2,200 |
West End Yards | S1AH | Studio,1BA | $2,290 |
Best Value Apartments for Rent in Portsmouth, NH
As of July 03, 2025 the best value apartment in the Portsmouth area is the $2.33 price per square foot Magnolia Model at Arbor View and The Pines in the in the Ocean Road neighborhood starting from $2,350. The second greatest value Portsmouth apartment is the 105 Whipple Rd Model at 105 Whipple Rd, Unit #4 starting at $2,250 with a $2.37 price per square foot in the New Hampshire Beaches 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. |
---|---|---|---|
Arbor View and The Pines | Magnolia | 2BR,2BA | $2.33 |
105 Whipple Rd, Unit #4 | 105 Whipple Rd | 1BR,1BA | $2.37 |
361 Miller Ave, Unit 3 | 361 Miller Ave | 1BR,1BA | $3.66 |
22 Whipple Rd, Unit 20-A | 22 Whipple Rd | 1BR,1BA | $2.90 |
Sagamore Court | 2 Bedroom | 2BR,1BA | $2.93 |
The Residences at Portwalk Place | Aria 1 Bedroom B8 | 1BR,1BA | $4.99 |
Madison Residences | 1-Bedroom | 1BR,1BA | $3.26 |
Seacoast Residences | The Harbor | Studio ,1BA | $4.09 |
West End Yards | S1AH | Studio ,1BA | $4.77 |
Monarch Village | 0BR/1.0BA | Studio ,1BA | $5.69 |
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Best Local Schools in Portsmouth, NH
School data provided by Great Schools
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Getting Around Portsmouth, NH
Walk Score®
65 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
51 / 100
Bikeable
Some 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 a cheap apartment in Portsmouth?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Portsmouth is under $3,650.
What is the price of a cheap apartment in Portsmouth?
The cheapest apartment in Portsmouth is Madison Residences which is listed at $2,200, while the average apartment in Portsmouth costs $3,601.
What types of apartments are the cheapest in Portsmouth?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 11 regular apartments in Portsmouth that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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.

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.

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.