Cheap Homes for Rent in Portsmouth, NH from $1,900 (14 Rentals)

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

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.

property at 24 Stimson St

24 Stimson St

KitteryME03904
property at 9 Emerald Dr

9 Emerald Dr

BarringtonNH03825

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.

Portsmouth, NH Local Guide

Cheapest Neighborhoods for Apartments in Portsmouth, NH

Pricing Updated: 07/23/2025

Current apartment rentals in the Portsmouth, NH area range in price from $450 to $5,500 with an overall median price of $3,799. The three Portsmouth neighborhoods with the lowest median rent pricing are New Hampshire Beaches at $450, Osprey Landing at $450, and Ocean Road at $1,210. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Portsmouth Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
New Hampshire Beaches$3,150$45063
Osprey Landing$3,427$45034
Ocean Road$3,885$1,21015
Colonial Pines$3,892$1,21013
Hillcrest$3,900$1,21020
Portsmouth Plains$3,942$1,21017
Downtown Portsmouth$4,000$1,75018
South End$4,000$1,75017
Strawberry Banke$4,000$1,79511

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 $1,900. Sagamore Court in the Ocean Road neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,195. Here is today’s list of the most affordable Portsmouth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Monarch Village0BR/1.0BAStudio,1BA$1,900
Sagamore Court2 Bedroom2BR,1BA$2,195
Madison Residences1-Bedroom1BR,1BA$2,200
West End YardsS1AHStudio,1BA$2,290
Seacoast ResidencesThe Marginal1BR,1BA$2,448

Best Value Apartments for Rent in Portsmouth, NH

As of July 23, 2025 the best value apartment in the Portsmouth area is the $3.06 price per square foot 2 Bedroom Model at Sagamore Court in the in the Ocean Road neighborhood starting from $2,295. The second greatest value Portsmouth apartment is the The Marginal Model at Seacoast Residences starting at $2,448 with a $3.28 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Sagamore Court2 Bedroom2BR,1BA$3.06
Seacoast ResidencesThe Marginal1BR,1BA$3.28
The Residences at Portwalk PlaceAria 1 Bedroom B41BR,1BA$5.16
Madison Residences1-Bedroom1BR,1BA$3.26
West End YardsA1B1BR,1BA$4.98
26 Otis Ave, Unit 226 Otis Ave1BR,1BA$3.39
Monarch Village0BR/1.0BAStudio ,1BA$5.28

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Frequently Asked Questions about Portsmouth

What type of rentals are currently available in Portsmouth?

There are currently 107 Apartments for Rent in Portsmouth, NH with pricing that ranges from $450 to $5,500. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $1,900 to $10,500.

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 $1,900 to $10,500 with an average monthly rent of $3,976.

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 $4,700, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $10,500. Four Bedroom Single-Family rentals are also available starting from $3,000 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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

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.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

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.

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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.