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$1,650 - $2,100Studio to 1 Bedroom Apartments Available Now
Rockland Street Apartments
263 Rockland StPortsmouth, NH 03801
Cheap Apartments for Rent in the Downtown Portsmouth Neighborhood of Portsmouth, NH from $1,200 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Portsmouth area of Portsmouth.
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$1,826 - $3,017Studio to 2 Bedroom Apartments Available Now
Sagamore Court
559-567 Sagamore AvePortsmouth, NH 03801
132-136 State Street
PortsmouthNH03801
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$2,100
Total Monthly Price
1 Bedroom Apartment Available Jul 15Total Monthly Price
Base Rent
$2,100
Total Monthly Price
$2,100
42 Market St, Unit Apt #3
42 Market StPortsmouth, NH 03801
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$2,1001 Bedroom Apartment Available Jul 1
163 Islington St, Unit #2
163 Islington StPortsmouth, NH 03801
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$2,200
Total Monthly Price
1 Bedroom Apartment Available NowTotal Monthly Price
Base Rent
$2,200
Total Monthly Price
$2,200
823 Islington St, Unit 2
823 Islington StPortsmouth, NH 03801
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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Rent Specials
$2,290 - $3,825Studio to 2 Bedroom Apartments Available Now
West End Yards
35 Hodgdon WayPortsmouth, NH 03801
235 Maplewood Ave
PortsmouthNH03801
310-312 Miller Ave
PortsmouthNH03801
175-177 Myrtle Ave
PortsmouthNH03801
314 Islington St, Unit 5
314 Islington St
PortsmouthNH03801
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Studio to 1 Bedroom Apartments
411 Middle St
411 Middle StPortsmouth, NH 03801
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.
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Studio to 2 Bedroom Apartments
Frank Jones Brew Yard
90 Brewery LnPortsmouth, NH 03801
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Studio to 3 Bedroom Apartments
Millport Apartments
1001 Islington StPortsmouth, NH 03801
401 State Street
PortsmouthNH03801
270 Richards Ave, Unit 4
270 Richards Ave
PortsmouthNH03801
290 Pleasant St
PortsmouthNH03801
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1 to 2 Bedroom Apartments
Madison Residences
184-188 Madison StPortsmouth, NH 03801
Cash 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.
185 Madison St
PortsmouthNH03801
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$1,950 - $1,9511 Bedroom Apartments Available Now
79-81 Government St
79-81 Government StKittery, ME 03904
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Downtown Portsmouth, Portsmouth, NH Local Guide
How much does it cost to rent an apartment in Downtown Portsmouth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Portsmouth Studio Apartments | $2,325 | $1,650 | $3,500 |
| Downtown Portsmouth 1 Bedroom Apartments | $2,789 | $1,950 | $4,100 |
| Downtown Portsmouth 2 Bedroom Apartments | $3,613 | $2,248 | $5,045 |
| Downtown Portsmouth 3 Bedroom Apartments | $3,920 | $3,300 | $5,000 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 20 rentals with your search options within a 1 mile radius of the Downtown Portsmouth Neighborhood of Portsmouth, NH.
See all Apartments in PortsmouthExplore Portsmouth
Downtown Portsmouth, Portsmouth, NH Local Guide
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Cheapest Available Downtown Portsmouth Apartments for Rent
The cheapest available apartment rental in the Downtown Portsmouth area of Portsmouth, NH is a 1 Bed unit found at 79-81 Government St priced from $1,950. Rockland Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,100. Here are the most affordable Downtown Portsmouth apartments for rent in Portsmouth, NH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 79-81 Government St | 79 Govt | 1BR,1BA | $1,950 |
| Rockland Street Apartments | 1-Bedroom | 1BR,1BA | $2,100 |
| Sagamore Court | 2 Bedroom | 2BR,1BA | $2,209 |
| West End Yards | A1M | 1BR,1BA | $2,615 |
| The Residences at Portwalk Place | Aria 1 Bedroom B8 | 1BR,1BA | $3,495 |
Best Value Apartments for Rent in Downtown Portsmouth, NH
As of June 30, 2026 the best value apartment in the Downtown Portsmouth area is the $3.22 price per square foot 3 Bed 1 Bath Model at 8 Chapel Street Residences in the in the Hillcrest neighborhood starting from $4,500. The second greatest value Downtown Portsmouth apartment is the 697-1 Islington St Model at 697-1 Islington St, Unit 697 Islington St Apt 1 starting at $3,300 with a $3.00 price per square foot in the Ocean Road neighborhood. Here is today’s list of the best values for Downtown Portsmouth apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8 Chapel Street Residences | 3 Bed 1 Bath | 3BR,1BA | $3.22 |
| 697-1 Islington St, Unit 697 Islington St Apt 1 | 697-1 Islington St | 3BR,1BA | $3.00 |
| 79-81 Government St | 79 Government # b | 1BR,1BA | $2.41 |
| Sagamore Court | 2 Bedroom | 2BR,1BA | $2.95 |
| 823 Islington St, Unit 2 | 823 Islington St | 1BR,1BA | $2.93 |
| The Residences at Portwalk Place | Opus 1 Bedroom A3 | 1BR,1BA | $4.93 |
| West End Yards | B1D | 2BR,1BA | $4.52 |
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.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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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.
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Best Local Schools in Downtown Portsmouth, Portsmouth, NH
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Frequently Asked Questions about Cheap Downtown Portsmouth Apartments
How much is rent for a Cheap One Bedroom Downtown Portsmouth Apartment?
The lowest price for a Cheap One Bedroom Downtown Portsmouth Apartment is $1,950 at 79-81 Government St.
What is the lowest price for a Cheap Two Bedroom Downtown Portsmouth Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Downtown Portsmouth is starting from $2,209 at Sagamore Court.
What is the most affordable Downtown Portsmouth Three Bedroom Apartment?
The best deal on a cheap Downtown Portsmouth Three Bedroom Apartment rental is at 8 Chapel Street Residences and starts from $4,500.
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
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.