Cheap Homes for Rent in the Downtown Portsmouth Neighborhood of Portsmouth, NH from $1,900 (5 Rentals)

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

property at 623 Middle Rd

$2,475

Total Monthly Price

Total Monthly Price

Base Rent
$2,475

Total Monthly Price
$2,475

2 Bedroom, 1 Bath Home for Rent

Available Now

623 Middle Rd, Unit A

623 Middle Rd
PortsmouthNH03801

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Downtown Portsmouth, Portsmouth, NH Local Guide

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 ListingModel NameBed/BathPriced From
79-81 Government St79 Govt1BR,1BA$1,950
Rockland Street Apartments1-Bedroom1BR,1BA$2,100
Sagamore Court2 Bedroom2BR,1BA$2,285

Best Value Apartments for Rent in Downtown Portsmouth, NH

As of July 17, 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 79 Government # b Model at 79-81 Government St starting at $1,950 with a $2.41 price per square foot in the Osprey Landing neighborhood. Here is today’s list of the best values for Downtown Portsmouth apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
8 Chapel Street Residences3 Bed 1 Bath3BR,1BA$3.22
79-81 Government St79 Government # b1BR,1BA$2.41
Sagamore Court2 Bedroom2BR,1BA$3.17
West End YardsB1D2BR,1BA$4.52
The Residences at Portwalk PlaceAria 1 Bedroom B51BR,1BA$4.83
163 Islington St, Unit #2163 Islington St1BR,1BA$3.50

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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Frequently Asked Questions about Downtown Portsmouth

What type of rentals are currently available in Downtown Portsmouth?

There are currently 73 Apartments for Rent in Downtown Portsmouth, NH with pricing that ranges from $1,650 to $5,045. There are also 20 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Portsmouth ranging from $1,995 to $4,500.

What is the current price range for Rental Homes in Downtown Portsmouth?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Portsmouth ranges from $1,995 to $4,500 with an average monthly rent of $3,129.

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

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

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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.

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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.

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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.