5 Wainwright Ave
KitteryME03904
Cheap Homes for Rent in Portsmouth, NH from $1,900 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Portsmouth.
179 Union St, Unit 2
179 Union St
PortsmouthNH03801
401 State Street
PortsmouthNH03801
270 Richards Ave, Unit 4
270 Richards Ave
PortsmouthNH03801
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.
139 Philbrick Ave
KitteryME03904
623 Middle Rd, Unit A
623 Middle Rd
PortsmouthNH03801
1711 White Cedar Blvd
PortsmouthNH03801
185 Madison St
PortsmouthNH03801
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.
314 Islington St, Unit 5
314 Islington St
PortsmouthNH03801
Showing Results 1-9, Page 1 of 1
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 | $3,098 | $1,900 | $4,750 |
| Portsmouth 3 Bedroom Homes for Rent | $3,800 | $2,700 | $9,000 |
| Portsmouth 4 Bedroom Homes for Rent | $4,650 | $3,950 | $5,900 |
| Portsmouth 6 Bedroom Homes for Rent | $6,950 | $6,950 | $6,950 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Top Homes for Rent in Portsmouth
Explore Portsmouth
Portsmouth, NH Local Guide
- Portsmouth Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Portsmouth, NH
Pricing Updated: 07/08/2026Current apartment rentals in the Portsmouth, NH area range in price from $1,100 to $9,568 with an overall median price of $3,761. The three Portsmouth neighborhoods with the lowest median rent pricing are Osprey Landing at $1,650, Downtown Portsmouth at $1,650, and South End 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 |
|---|---|---|---|
| Osprey Landing | $3,505 | $1,650 | 45 |
| Downtown Portsmouth | $3,546 | $1,650 | 28 |
| South End | $3,546 | $1,650 | 25 |
| Ocean Road | $3,605 | $1,260 | 41 |
| Colonial Pines | $3,710 | $1,260 | 39 |
| Hillcrest | $3,710 | $1,260 | 48 |
| New Hampshire Beaches | $3,710 | $1,100 | 88 |
| Portsmouth Plains | $3,710 | $1,260 | 48 |
| Strawberry Banke | $4,810 | $1,650 | 19 |
Cheapest Available Portsmouth Apartments for Rent
The cheapest available apartment rental in Portsmouth, NH is a 1 Bed unit found at 79-81 Government St in the Osprey Landing neighborhood priced from $1,950. Sagamore Court in the Ocean Road neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,066. Here is today’s list of the most affordable Portsmouth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 79-81 Government St | 79 Govt | 1BR,1BA | $1,950 |
| Sagamore Court | 2 Bedroom | 2BR,1BA | $2,066 |
| Rockland Street Apartments | 1-Bedroom | 1BR,1BA | $2,100 |
Best Value Apartments for Rent in Portsmouth, NH
As of July 08, 2026 the best value apartment in the Portsmouth area is the $2.58 price per square foot Middle Unit 4 Baths (Blue/White) Model at Yokens of Portsmouth in the in the Ocean Road neighborhood starting from $4,650. The second greatest value Portsmouth apartment is the 38 Eliot Rd Model at 38 Eliot Rd, Unit A starting at $2,950 with a $1.84 price per square foot in the Osprey Landing 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 (Blue/White) | 3BR,3.5BA | $2.58 |
| 38 Eliot Rd, Unit A | 38 Eliot Rd | 1BR,1BA | $1.84 |
| 8 Chapel Street Residences | 3 Bed 1 Bath | 3BR,1BA | $3.22 |
| Arbor View and The Pines | 3T | 3BR,2BA | $3.09 |
| 697-1 Islington St, Unit 697 Islington St Apt 1 | 697-1 Islington St | 3BR,1BA | $3.00 |
| Monarch Village | 3BR/2.0BA | 3BR,2BA | $3.33 |
| 26 Otis Ave, Unit 1 | 26 Otis Ave | 2BR,1BA | $3.15 |
| 79-81 Government St | 79 Government # b | 1BR,1BA | $2.41 |
| 823 Islington St, Unit 2 | 823 Islington St | 1BR,1BA | $2.93 |
| Sagamore Court | 2 Bedroom | 2BR,1BA | $2.75 |
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.
Read Article
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.
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.
Let everyone know!
Do you know the Portsmouth area?
If you’re an expert on all things Portsmouth, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 121 Apartments for Rent in Portsmouth, NH with pricing that ranges from $1,260 to $5,250. There are also 42 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $1,900 to $9,000.
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 $1,900 to $9,000 with an average monthly rent of $4,238.
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 $2,600 to $5,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,700 to $9,000. Four Bedroom Single-Family rentals are also available starting from $3,950 and Four Bedroom Apartments start at $2,900.
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.