
Cheap Homes for Rent in Portsmouth, NH from $1,600 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Portsmouth.


5 10th St

971 Ocean Blvd

933 Ocean Blvd
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

30 Halstead St

90 Fleet St

90 Fleet St
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

275 Ocean Blvd

911 White Cedar Blvd, Unit 911 White Cedar Blvd

581 Kearsarge Way

461 Ocean Blvd
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 | $2,889 | $1,600 | $4,850 |
Portsmouth 3 Bedroom Homes for Rent | $4,375 | $2,400 | $7,500 |
Portsmouth 4 Bedroom Homes for Rent | $6,372 | $3,500 | $10,000+ |
Portsmouth 5 Bedroom Homes for Rent | $3,700 | $3,700 | $3,700 |
Browse Top Homes for Rent in Portsmouth
Explore Portsmouth
Portsmouth, NH Local Guide
- Portsmouth Neighborhoods
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Cheapest Neighborhoods for Apartments in Portsmouth, NH
Pricing Updated: 06/03/2025Current apartment rentals in the Portsmouth, NH area range in price from $1,050 to $4,740 with an overall median price of $3,731. The three Portsmouth neighborhoods with the lowest median rent pricing are Strawberry Banke at $1,650, Downtown Portsmouth at $1,650, and New Hampshire Beaches at $1,050. 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 |
---|---|---|---|
Strawberry Banke | $3,012 | $1,650 | 6 |
Downtown Portsmouth | $3,800 | $1,650 | 12 |
New Hampshire Beaches | $3,800 | $1,050 | 71 |
Osprey Landing | $3,800 | $1,650 | 47 |
Portsmouth Plains | $3,800 | $1,210 | 18 |
South End | $3,800 | $1,650 | 12 |
Hillcrest | $3,842 | $1,210 | 19 |
Ocean Road | $3,842 | $1,210 | 15 |
Colonial Pines | $3,885 | $1,210 | 16 |
Cheapest Available Portsmouth Apartments for Rent
 The cheapest available apartment rental in Portsmouth, NH is a Studio unit found at Monarch Village in the Ocean Road neighborhood priced from $1,799. Seacoast Residences in the Osprey Landing neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $2,150. Here is today’s list of the most affordable Portsmouth apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Monarch Village | 0BR/1.0BA | Studio,1BA | $1,799 |
Seacoast Residences | The Lighthouse | Studio,1BA | $2,150 |
Madison Residences | 1-Bedroom | 1BR,1BA | $2,200 |
Sagamore Court | 2 Bedroom | 2BR,1BA | $2,250 |
Arbor View and The Pines | Magnolia | 2BR,2BA | $2,350 |
Best Value Apartments for Rent in Portsmouth, NH
As of June 03, 2025 the best value apartment in the Portsmouth area is the $2.33 price per square foot Magnolia Model at Arbor View and The Pines in the in the Ocean Road neighborhood starting from $2,350. The second greatest value Portsmouth apartment is the 2 Bedroom Model at Sagamore Court starting at $2,250 with a $3.00 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 | Magnolia | 2BR,2BA | $2.33 |
Sagamore Court | 2 Bedroom | 2BR,1BA | $3.00 |
West End Yards | A1DD | 1BR,1BA | $4.41 |
Madison Residences | 1-Bedroom | 1BR,1BA | $3.26 |
114 Maplewood Ave, Unit 1R | 114 Maplewood Ave | 1BR,1BA | $3.00 |
163 Islington St, Unit #2 | 163 Islington St | 1BR,1BA | $3.42 |
Seacoast Residences | The Lighthouse | Studio ,1BA | $3.92 |
Monarch Village | 0BR/1.0BA | Studio ,1BA | $4.73 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Portsmouth
What type of rentals are currently available in Portsmouth?
There are currently 93 Apartments for Rent in Portsmouth, NH with pricing that ranges from $1,210 to $4,740. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $1,600 to $20,000.
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 $1,600 to $20,000 with an average monthly rent of $3,907.
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 $2,225 to $4,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $7,500. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $2,450.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.