249 Islington St
PortsmouthNH03801
Cheap Homes for Rent in Portsmouth, NH from $2,000 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Portsmouth.
66 Rogers Rd
KitteryME03904
close
View Me
$2,1951 Bedroom Apartments Available Jun 1
315 Maplewood Ave, Unit B
315 Maplewood AvePortsmouth, NH 03801
401 State Street
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.
90 Fleet St, Unit 5-1 McIntosh Condo's, Unit 5-1 McIntosh Condo's
90 Fleet St
PortsmouthNH03801
1007 White Cedar Blvd
PortsmouthNH03801
1007 White Cedar Blvd
PortsmouthNH03801
5 Philbrick Ln
KitteryME03904
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.
67 Cable
RyeNH03870
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 | $3,400 | $2,100 | $5,000 |
| Portsmouth 3 Bedroom Homes for Rent | $4,857 | $2,500 | $9,000 |
| Portsmouth 4 Bedroom Homes for Rent | $5,732 | $3,997 | $7,500 |
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: 05/23/2026Current apartment rentals in the Portsmouth, NH area range in price from $1,100 to $7,572 with an overall median price of $4,028. The three Portsmouth neighborhoods with the lowest median rent pricing are Osprey Landing at $1,650, Colonial Pines at $1,260, and Ocean Road at $1,260. 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 | $3,450 | $1,650 | 31 |
| Colonial Pines | $3,671 | $1,260 | 20 |
| Ocean Road | $3,671 | $1,260 | 22 |
| Hillcrest | $3,885 | $1,260 | 26 |
| Portsmouth Plains | $3,885 | $1,260 | 29 |
| New Hampshire Beaches | $4,192 | $1,100 | 53 |
| Downtown Portsmouth | $4,500 | $1,650 | 23 |
| South End | $4,500 | $1,650 | 23 |
| Strawberry Banke | $4,500 | $1,650 | 10 |
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. Sagamore Court in the Ocean Road neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,911. 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 |
| Sagamore Court | 2 Bedroom | 2BR,1BA | $1,911 |
| Seacoast Residences | The Lighthouse | Studio,1BA | $2,213 |
Best Value Apartments for Rent in Portsmouth, NH
As of May 23, 2026 the best value apartment in the Portsmouth area is the $2.88 price per square foot 3T Model at Arbor View and The Pines in the in the Ocean Road neighborhood starting from $3,450. The second greatest value Portsmouth apartment is the B2G Model at The Veridian Residences starting at $3,240 with a $3.53 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. |
|---|---|---|---|
| Arbor View and The Pines | 3T | 3BR,2BA | $2.88 |
| The Veridian Residences | B2G | 2BR,2BA | $3.53 |
| 42 Market St | 42 Market St | 1BR,1BA | $2.55 |
| 29-41 Congress St | Apt. D | 1BR,1.5BA | $4.29 |
| 823 Islington St, Unit 2 | 823 Islington St | 1BR,1BA | $3.06 |
| 406 The Hill | 406 The Hill | 1BR,1BA | $3.00 |
| Sagamore Court | 2 Bedroom | 2BR,1BA | $2.55 |
| Sage Portsmouth | Franklin | 1BR,1BA | $4.56 |
| West End Yards | B1D | 2BR,1BA | $4.63 |
| Seacoast Residences | The Lighthouse | Studio ,1BA | $4.04 |
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 112 Apartments for Rent in Portsmouth, NH with pricing that ranges from $1,260 to $4,850. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $2,000 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 $2,000 to $9,000 with an average monthly rent of $3,751.
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 $4,650, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $9,000. Four Bedroom Single-Family rentals are also available starting from $3,997 and Four Bedroom Apartments start at $2,700.
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
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.