
Cheap Apartments for Rent in Portsmouth, NH from $1,200 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Portsmouth.


Osprey Landing

Sagamore Court

241 Middle Street

179 Union St, Unit 2

1061 Maplewood Ave, Unit Unit 3 available Oct 2025
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.

151 High St
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.

The Residences at Eliot Commons 55+ Community

15 Cricket Brook

93 Henry Law Ave
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.
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 | $2,202 | $1,210 | $2,405 |
Cheap Portsmouth 1 Bedroom Apartments | $2,619 | $1,240 | $3,665 |
Cheap Portsmouth 2 Bedroom Apartments | $3,163 | $1,640 | $4,975 |
Cheap Portsmouth 3 Bedroom Apartments | $3,466 | $2,400 | $4,400 |
Cheap Portsmouth 4 Bedroom Apartments | $2,700 | $2,700 | $2,700 |
Browse Top Apartments in Portsmouth
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Portsmouth, NH Local Guide
- Portsmouth Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Portsmouth, NH
Pricing Updated: 10/03/2025Current apartment rentals in the Portsmouth, NH area range in price from $1,050 to $11,807 with an overall median price of $3,696. The three Portsmouth neighborhoods with the lowest median rent pricing are New Hampshire Beaches at $1,050, Osprey Landing at $1,750, and Ocean Road at $1,210. 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 |
---|---|---|---|
New Hampshire Beaches | $3,150 | $1,050 | 89 |
Osprey Landing | $3,485 | $1,750 | 50 |
Ocean Road | $3,592 | $1,210 | 16 |
Downtown Portsmouth | $3,605 | $1,750 | 23 |
South End | $3,605 | $1,750 | 23 |
Portsmouth Plains | $3,625 | $1,210 | 29 |
Hillcrest | $3,775 | $1,210 | 29 |
Colonial Pines | $3,792 | $1,210 | 16 |
Strawberry Banke | $4,640 | $1,795 | 16 |
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 $1,699. Seacoast Residences in the Osprey Landing neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,230. 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 | $1,699 |
Seacoast Residences | Acadia | 1BR,1BA | $2,230 |
West End Yards | S1AH | Studio,1BA | $2,290 |
Sagamore Court | 2 Bedroom | 2BR,1BA | $2,295 |
Arbor View and The Pines | Magnolia | 2BR,2BA | $2,350 |
Best Value Apartments for Rent in Portsmouth, NH
As of October 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 20 Cass St Model at 20 Cass St, Unit 20 Cass St. starting at $2,800 with a $2.80 price per square foot in the Ocean Road 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 |
20 Cass St, Unit 20 Cass St. | 20 Cass St | 3BR,1BA | $2.80 |
The Veridian Residences | B2A | 2BR,2BA | $3.31 |
45 Market St, Unit .3 | 45 Market St | 1BR,1BA | $4.25 |
Sagamore Court | 2 Bedroom | 2BR,1BA | $3.06 |
648 Kearsarge Way, Unit 648 | 648 Kearsarge Way | 2BR,1BA | $3.47 |
Seacoast Residences | Acadia | 1BR,1BA | $3.70 |
26 Otis Ave, Unit 2 | 26 Otis Ave | 1BR,1BA | $3.39 |
West End Yards | S1AH | Studio ,1BA | $4.77 |
Monarch Village | 0BR/1.0BA | Studio ,1BA | $4.47 |
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Best Local Schools in Portsmouth, NH
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 the price of a cheap apartment in Portsmouth?
The cheapest apartment in Portsmouth is Seacoast Residences which is listed at $2,260, while the average apartment in Portsmouth costs $3,696.
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 12 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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.