
Cheap Apartments for Rent in the Strawberry Banke Neighborhood of Portsmouth, NH from $1,200 (21 Rentals)
Search the lowest-cost Apartments available for rent right now in the Strawberry Banke area of Portsmouth.


132-136 State Street

163 Islington St, Unit #2

Total Monthly Price
42 Market St, Unit Apt #3

Total Monthly Price
823 Islington St, Unit 2

235 Maplewood Ave

310-312 Miller Ave
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.

175-177 Myrtle Ave

314 Islington St, Unit 5

411 Middle St

Frank Jones Brew Yard

401 State Street

270 Richards Ave, Unit 4

Madison Residences
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.

290 Pleasant St

185 Madison St

29-41 Congress St

59 Manning St

Total Monthly Price
26 Otis Ave, Unit 2

79-81 Government St

10-12-12 Pine St
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Strawberry Banke, Portsmouth, NH Local Guide

How much does it cost to rent an apartment in Strawberry Banke?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Strawberry Banke Studio Apartments | $2,575 | $1,650 | $3,500 |
| Strawberry Banke 1 Bedroom Apartments | $2,683 | $1,895 | $4,100 |
| Strawberry Banke 2 Bedroom Apartments | $4,387 | $2,450 | $5,045 |
| Strawberry Banke 3 Bedroom Apartments | $4,075 | $3,300 | $5,000 |
Browse Apartments in this Neighborhood
There are currently 21 rentals with your search options within a 1 mile radius of the Strawberry Banke Neighborhood of Portsmouth, NH.
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Strawberry Banke, Portsmouth, NH Local Guide
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Cheapest Available Strawberry Banke Apartments for Rent
 The cheapest available apartment rental in the Strawberry Banke area of Portsmouth, NH is a 1 Bed unit found at 79-81 Government St priced from $1,950. Rockland Street Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,100. Here are the most affordable Strawberry Banke apartments for rent in Portsmouth, NH:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 79-81 Government St | 79 Govt | 1BR,1BA | $1,950 |
| Rockland Street Apartments | 1-Bedroom | 1BR,1BA | $2,100 |
| The Residences at Portwalk Place | Aria 1 Bedroom B8 | 1BR,1BA | $3,495 |
| 8 Chapel Street Residences | 3 Bed 1 Bath | 3BR,1BA | $4,500 |
Best Value Apartments for Rent in Strawberry Banke, NH
As of June 29, 2026 the best value apartment in the Strawberry Banke area is the $3.22 price per square foot 3 Bed 1 Bath Model at 8 Chapel Street Residences in the in the Hillcrest neighborhood starting from $4,500. The second greatest value Strawberry Banke apartment is the 697-1 Islington St Model at 697-1 Islington St, Unit 697 Islington St Apt 1 starting at $3,300 with a $3.00 price per square foot in the Ocean Road neighborhood. Here is today’s list of the best values for Strawberry Banke apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 8 Chapel Street Residences | 3 Bed 1 Bath | 3BR,1BA | $3.22 |
| 697-1 Islington St, Unit 697 Islington St Apt 1 | 697-1 Islington St | 3BR,1BA | $3.00 |
| 79-81 Government St | 79 Government # b | 1BR,1BA | $2.41 |
| 823 Islington St, Unit 2 | 823 Islington St | 1BR,1BA | $2.93 |
| The Residences at Portwalk Place | Opus 1 Bedroom A3 | 1BR,1BA | $4.93 |
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 ArticleReal 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.
Pet Friendly LifestyleStrawberry Banke, Portsmouth, NH
Ranked #9
Among cities in New Hampshire for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Best Local Schools in Strawberry Banke, Portsmouth, NH
School data provided by Great Schools
Frequently Asked Questions about Cheap Strawberry Banke Apartments
How much is rent for a Cheap One Bedroom Strawberry Banke Apartment?
The lowest price for a Cheap One Bedroom Strawberry Banke Apartment is $1,950 at 79-81 Government St.
What is the most affordable Strawberry Banke Three Bedroom Apartment?
The best deal on a cheap Strawberry Banke Three Bedroom Apartment rental is at 8 Chapel Street Residences and starts from $4,500.
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.