
Cheap Homes for Rent in Portsmouth, NH from $1,500 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Portsmouth.


20 Chapel St

520 Washington Rd

313 Springbrook Cir
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.

20 Chapel St

136 Hill St, Unit 3

3 Philbrick Ln

264 Lafayette Rd

79 Porpoise Way
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.

15 Manor Dr
Portsmouth, NH Local Guide

How much does it cost to rent a home in Portsmouth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Portsmouth 2 Bedroom Homes for Rent | $3,188 | $2,200 | $4,800 |
| Portsmouth 3 Bedroom Homes for Rent | $3,761 | $2,500 | $5,000 |
| Portsmouth 4 Bedroom Homes for Rent | $4,507 | $1,950 | $7,500 |
Browse Top Homes for Rent in Portsmouth
Explore Portsmouth
Portsmouth, NH Local Guide
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Cheapest Neighborhoods for Apartments in Portsmouth, NH
Pricing Updated: 11/09/2025Current apartment rentals in the Portsmouth, NH area range in price from $1,050 to $9,495 with an overall median price of $3,812. The three Portsmouth neighborhoods with the lowest median rent pricing are New Hampshire Beaches at $1,050, Osprey Landing at $1,500, and Downtown Portsmouth at $1,695. 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 | $3,400 | $1,050 | 161 |
| Osprey Landing | $3,485 | $1,500 | 80 |
| Downtown Portsmouth | $3,625 | $1,695 | 38 |
| South End | $3,625 | $1,695 | 37 |
| Hillcrest | $3,800 | $1,210 | 54 |
| Portsmouth Plains | $3,800 | $1,210 | 53 |
| Colonial Pines | $4,067 | $1,210 | 35 |
| Ocean Road | $4,067 | $1,210 | 37 |
| Strawberry Banke | $4,447 | $1,695 | 21 |
Cheapest Available Portsmouth Apartments for Rent
 The cheapest available apartment rental in Portsmouth, NH is a 2 Beds unit found at Arbor View and The Pines in the Ocean Road neighborhood priced from $2,060. Sagamore Court in the Ocean Road neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,095. Here is today’s list of the most affordable Portsmouth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Arbor View and The Pines | Spruce 2R | 2BR,1BA | $2,060 |
| Sagamore Court | 2 Bedroom | 2BR,1BA | $2,095 |
| Seacoast Residences | The Lighthouse | Studio,1BA | $2,218 |
| West End Yards | S1A | Studio,1BA | $2,330 |
Best Value Apartments for Rent in Portsmouth, NH
As of November 09, 2025 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 20 Cass St Model at 20 Cass St, Unit 20 Cass St. starting at $2,500 with a $2.50 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 |
| 20 Cass St, Unit 20 Cass St. | 20 Cass St | 3BR,1BA | $2.50 |
| The Veridian Residences | B2A | 2BR,2BA | $3.30 |
| 14 Bond Rd | 14 Bond Rd | 1BR,1BA | $2.37 |
| 45 Market St, Unit .3 | 45 Market St | 1BR,1BA | $4.25 |
| 214 Myrtle Ave, Unit 2 | 214 Myrtle Ave | 1BR,1BA | $2.67 |
| Sagamore Court | 2 Bedroom | 2BR,1BA | $2.79 |
| Arbor View and The Pines | Spruce 2R | 2BR,1BA | $2.94 |
| 648 Kearsarge Way, Unit 648 | 648 Kearsarge Way | 2BR,1BA | $3.47 |
| Seacoast Residences | The Lighthouse | Studio ,1BA | $4.05 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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 ArticleQuick Rent Budget Calculator
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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!
Explore Portsmouth, NH Rentals by Map
See the most popular apartments and homes in Portsmouth, NH
Frequently Asked Questions about Portsmouth
What type of rentals are currently available in Portsmouth?
There are currently 116 Apartments for Rent in Portsmouth, NH with pricing that ranges from $1,210 to $4,695. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $1,500 to $7,500.
What is the current price range for Rental Homes in Portsmouth?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Portsmouth ranges from $1,500 to $7,500 with an average monthly rent of $3,169.
How much are larger Three and Four Bedroom Rentals in Portsmouth?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Portsmouth range from $2,400 to $4,250, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $5,000. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $2,700.
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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.
