
Cheap Apartments for Rent in Portsmouth, RI from $1,300 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in Portsmouth.


Harbor Village
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.

10 Ryan Ave

327 High St

23 Rock St

45 E St

18 Ryan Ave

168 Mt Hope Ave

East Bay Village

554 E Main Rd
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.

3 Bayview Ave

229 Smith St

8 Harvard St

5455 N Main St

260 Fountain St

138 Brightman St
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.

235-237-237 State Rd

318 Broadway
The 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.

31 2nd St

18 Chapel St

810 Metacom Ave
Portsmouth, RI Local Guide

How much does it cost to rent an apartment in Portsmouth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Portsmouth Studio Apartments | $1,374 | $1,300 | $1,475 |
Portsmouth 1 Bedroom Apartments | $2,049 | $1,600 | $2,900 |
Portsmouth 2 Bedroom Apartments | $2,619 | $1,875 | $3,800 |
Portsmouth 3 Bedroom Apartments | $3,821 | $1,900 | $6,800 |
Portsmouth 4 Bedroom Apartments | $4,135 | $3,250 | $6,000 |
Browse Top Apartments in Portsmouth
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Portsmouth, RI Local Guide
- Nearby Cities
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Cheapest Available Portsmouth Apartments for Rent and Nearby
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
East Bay Village | The Bristol | 2BR,1BA | $2,255 |
Best Value Apartments for Rent in Portsmouth, RI and Nearby
As of September 20, 2025 the best value apartment in the Portsmouth area is the $2.35 price per square foot 103 Bayview Ave Model at 103 Bayview Ave, Unit A in the starting from $5,400. The second greatest value Portsmouth apartment is the 40 Magnolia St Model at 40 Magnolia St, Unit 40B starting at $3,600 with a $2.77 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. |
---|---|---|---|
103 Bayview Ave, Unit A | 103 Bayview Ave | 6BR,1.5BA | $2.35 |
40 Magnolia St, Unit 40B | 40 Magnolia St | 4BR,1.5BA | $2.77 |
5 Goulart Ave, Unit 1 Goulart | 5 Goulart Ave | 4BR,1.5BA | $3.30 |
49 Oliver St, Unit 2 | 49 Oliver St | 2BR,1BA | $2.10 |
East Bay Village | The Bristol | 2BR,1BA | $2.42 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Portsmouth, RI
Walk Score®
34 / 100
Car-Dependent
Most errands require a car
Bike Score®
29 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Portsmouth Apartments
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 $2,255 at East Bay Village.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.