
Cheap Apartments for Rent in Portsmouth, RI from $1,200 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Portsmouth.


Ade Bethune House

20 Statue Way

18 Willow Ct

18 Willow Ct

333 Riverside St

44 Paquins Ln

272 Riverside St
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.

61 Green St

427 High St

9 West St

East Bay Village

137 Bradford St

712 Hope St

Harbor Village

18 Ryan Ave
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.

93 Bayview Ave

93 Bayview Ave

3 Admiralty Dr

299 State St

53 Burton St

213 State St

11 Milk St

11 Milk St
From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence
Discover the top 7 affordable and charming neighborhoods in Providence, RI. This local expert's guide helps you find the best value living in the historic New England city.

Total Monthly Price
148 High St

15 Rock St

Total Monthly Price
3 Buttonwood St, Unit 2nd Floor

327 High St

686 Hope St

32 Richmond St

45 E St

566 E Main Rd
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.

3 Buttonwood St

15 Third School St

Landings at Aquidneck Crossing

308 State St

31 Garfield Ave

229 Smith St

40 Bourne St

139 Bradford 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.

Northgate Apartments

556 E Main Rd

14 William Ave
Portsmouth, RI Local Guide

How much does it cost to rent an apartment in Portsmouth?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Portsmouth Studio Apartments | $1,466 | $1,300 | $1,740 |
| Cheap Portsmouth 1 Bedroom Apartments | $2,157 | $1,308 | $5,000 |
| Cheap Portsmouth 2 Bedroom Apartments | $2,265 | $1,250 | $4,000 |
| Cheap Portsmouth 3 Bedroom Apartments | $2,393 | $1,950 | $2,700 |
| Cheap Portsmouth 4 Bedroom Apartments | $3,550 | $3,500 | $3,600 |
Browse Top Apartments in Portsmouth
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Portsmouth, RI Local Guide
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Cheapest Available Portsmouth Apartments for Rent
 The cheapest available apartment rental in Portsmouth, RI is a 2 Beds unit found at Ade Bethune House priced from $1,570. East Bay Village in the Middletown neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,695. Here is today’s list of the most affordable Portsmouth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ade Bethune House | 2 Beds, 1 bath | 2BR,1BA | $1,570 |
| East Bay Village | The Portsmouth | Studio,1BA | $1,695 |
| 137 Bradford St | 2W | 2BR,1BA | $1,750 |
| Harbor Village | The Intrepid | 1BR,1BA | $1,810 |
Best Value Apartments for Rent in Portsmouth, RI
As of April 06, 2026 the best value apartment in the Portsmouth area is the $1.70 price per square foot 2 Beds, 1 bath Model at Ade Bethune House in the starting from $1,570. The second greatest value Portsmouth apartment is the 3 Buttonwood St Model at 3 Buttonwood St, Unit 2nd Floor starting at $2,250 with a $2.81 price per square foot . 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. |
|---|---|---|---|
| Ade Bethune House | 2 Beds, 1 bath | 2BR,1BA | $1.70 |
| 3 Buttonwood St, Unit 2nd Floor | 3 Buttonwood St | 3BR,1BA | $2.81 |
| 137 Bradford St | 2W | 2BR,1BA | $2.33 |
| Harbor Village | The Intrepid | 1BR,1BA | $2.70 |
| East Bay Village | The Portsmouth | Studio ,1BA | $4.03 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portsmouth, RI Rentals by Map
See the most popular apartments and homes in Portsmouth, RI
Frequently Asked Questions about Cheap Portsmouth Apartments
How much is rent for a Cheap One Bedroom Portsmouth Apartment?
The lowest price for a Cheap One Bedroom Portsmouth Apartment is $1,810 at Harbor Village.
What is the lowest price for a Cheap Two Bedroom Portsmouth Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Portsmouth is starting from $1,570 at Ade Bethune House.
What is the most affordable Portsmouth Three Bedroom Apartment?
The best deal on a cheap Portsmouth Three Bedroom Apartment rental is at 137 Bradford St and starts from $1,950.
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

From Blue-Collar to Bustling: Discover the Best Affordable Neighborhoods for Renting in Providence
Written by: M. April Tome
I’m April, your ApartmentHomeLiving.com Local Export for Providence, RI. Providence is the capital of Rhode Island. It is a bustling city with a small-town New England vibe.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.