
Cheap Apartments for Rent in Portsmouth, NH from $1,200 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Portsmouth.


Rockland Street Apartments

Osprey Landing

Arbor View and The Pines

Sagamore Court

Total Monthly Price
1061 Maplewood Ave

10 Monarch Wy

132-136 State Street
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.

Total Monthly Price
283 South St, Unit 2nd floor

Total Monthly Price
683 State St, Unit Garden 1

Total Monthly Price
406 The Hill

The Veridian Residences

West End Yards

411 Middle St

Frank Jones Brew Yard

Millport Apartments
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.

Winchester Place Apartments

The Pines

Monarch Village

Madison Residences

132 Middle Street, Unit 4

Seacoast Residences

Total Monthly Price
143 Martin Rd

671 Main 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.

671 Main St

93 Henry Law Ave

5 10th St

89 Ashworth Ave

NSY Portsmouth Homes

933 Ocean Blvd

The Residences at Eliot Commons 55+ Community

1 Waverly Dr
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.

1 Philbrick Ln
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 | $2,288 | $1,260 | $3,295 |
| Cheap Portsmouth 1 Bedroom Apartments | $2,562 | $1,290 | $3,820 |
| Cheap Portsmouth 2 Bedroom Apartments | $3,071 | $1,730 | $4,795 |
| Cheap Portsmouth 3 Bedroom Apartments | $3,583 | $2,400 | $4,500 |
| Cheap Portsmouth 4 Bedroom Apartments | $2,700 | $2,700 | $2,700 |
Browse Top Apartments in Portsmouth
See all Apartments in PortsmouthExplore Portsmouth
Portsmouth, NH Local Guide
- Portsmouth Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Portsmouth, NH
Pricing Updated: 04/05/2026Current apartment rentals in the Portsmouth, NH area range in price from $1,100 to $7,742 with an overall median price of $3,907. The three Portsmouth neighborhoods with the lowest median rent pricing are Colonial Pines at $1,260, Ocean Road at $1,260, and Osprey Landing at $1,650. 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 |
|---|---|---|---|
| Colonial Pines | $3,400 | $1,260 | 32 |
| Ocean Road | $3,400 | $1,260 | 34 |
| Osprey Landing | $3,453 | $1,650 | 48 |
| Hillcrest | $3,642 | $1,260 | 41 |
| New Hampshire Beaches | $3,885 | $1,100 | 94 |
| Portsmouth Plains | $3,885 | $1,260 | 45 |
| Downtown Portsmouth | $4,500 | $1,650 | 28 |
| South End | $4,500 | $1,650 | 28 |
| Strawberry Banke | $4,500 | $1,650 | 13 |
Cheapest Available Portsmouth Apartments for Rent
 The cheapest available apartment rental in Portsmouth, NH is a Studio unit found at Rockland Street Apartments in the Ocean Road neighborhood priced from $1,650. Seacoast Residences in the Osprey Landing neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,968. Here is today’s list of the most affordable Portsmouth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Rockland Street Apartments | Studio | Studio,1BA | $1,650 |
| Seacoast Residences | Acadia | 1BR,1BA | $1,968 |
| Monarch Village | 1BR/1.0BA | 1BR,1BA | $2,099 |
| West End Yards | S1A | Studio,1BA | $2,305 |
| Arbor View and The Pines | Magnolia | 2BR,2BA | $2,350 |
Best Value Apartments for Rent in Portsmouth, NH
As of April 05, 2026 the best value apartment in the Portsmouth area is the $2.36 price per square foot Middle Unit 4 Baths (Gray/White) Model at Yokens of Portsmouth in the in the Ocean Road neighborhood starting from $4,250. The second greatest value Portsmouth apartment is the The Ruby Plan Model at Juniper Commons starting at $4,250 with a $2.74 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. |
|---|---|---|---|
| Yokens of Portsmouth | Middle Unit 4 Baths (Gray/White) | 3BR,3.5BA | $2.36 |
| Juniper Commons | The Ruby Plan | 3BR,2.5BA | $2.74 |
| Monarch Village | 3BR/1.0BA | 3BR,1BA | $2.50 |
| Arbor View and The Pines | 2M | 2BR,2BA | $2.42 |
| 283 South St, Unit 2nd floor | 283 South St | 1BR,1BA | $2.12 |
| The Veridian Residences | B2G | 2BR,2BA | $3.53 |
| 683 State St, Unit Garden 1 | 683 State St | 1BR,1BA | $2.59 |
| 29-41 Congress St | Apt. D | 1BR,1.5BA | $4.29 |
| 406 The Hill | 406 The Hill | 1BR,1BA | $3.00 |
| 143 Martin Rd | 143 Martin Rd | 1BR,1BA | $3.61 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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.
Best Local Schools in Portsmouth, NH
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portsmouth, NH Rentals by Map
See the most popular apartments and homes in Portsmouth, NH
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 $2,350.
What is the price of a cheap apartment in Portsmouth?
The cheapest apartment in Portsmouth is Rockland Street Apartments which is listed at $1,850, while the average apartment in Portsmouth costs $3,907.
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 20 regular apartments in Portsmouth that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.