
Cheap Homes for Rent in Portsmouth, RI from $1,000 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Portsmouth.


70 Oliver St, Unit 3f

70 Oliver St

41 Woodland Dr, Unit A

45 E St
Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters
Discover affordable off-campus rentals and the best local neighborhoods for college life, featuring expert tips from a seasoned renter.

41 Woodland Dr

45 E St

215 State St

215 State St, Unit B

6 Ryan Ave
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

327 High St, Unit 2R

50 Mt Hope Ave

111 Cedar Ave

111 Cedar Ave

71 ST Elizabeth 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.

71 St Elizabeth St, Unit 1

71 St Elizabeth St, Unit 2
Portsmouth, RI 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 | $3,111 | $1,975 | $7,000 |
| Portsmouth 3 Bedroom Homes for Rent | $4,552 | $2,500 | $10,000+ |
| Portsmouth 4 Bedroom Homes for Rent | $9,356 | $2,800 | $10,000+ |
| Portsmouth 5 Bedroom Homes for Rent | $10,500 | $4,500 | $10,000+ |
Browse Top Homes for Rent 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 Studio unit found at Bay View Estates priced from $1,300. Ade Bethune House has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,308. Here is today’s list of the most affordable Portsmouth apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bay View Estates | Studio -Tower | Studio,1BA | $1,300 |
| Ade Bethune House | 1 Bed, 1 bath | 1BR,1BA | $1,308 |
| Harbor Village | The Intrepid | 1BR,1BA | $1,835 |
| East Bay Village | The Jamestown | 2BR,1BA | $2,255 |
Best Value Apartments for Rent in Portsmouth, RI
As of August 20, 2026 the best value apartment in the Portsmouth area is the $1.25 price per square foot 429 High St Model at 429 High St, Unit 1 in the in the Bristol County neighborhood starting from $2,350. The second greatest value Portsmouth apartment is the The Bristol Model at East Bay Village starting at $2,255 with a $2.42 price per square foot in the Middletown 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. |
|---|---|---|---|
| 429 High St, Unit 1 | 429 High St | 3BR,2BA | $1.25 |
| East Bay Village | The Bristol | 2BR,1BA | $2.42 |
| 50 Oliver St, Unit Unit 2 | 50 Oliver St | 2BR,1BA | $2.22 |
| 3 Vierra Terrace, Unit 3 | 3 Vierra Terrace | 2BR,1BA | $2.25 |
| Ade Bethune House | 1 Bed, 1 bath | 1BR,1BA | $1.78 |
| 71 Saint Elizabeth St | 71 Saint Elizabeth St | 2BR,1BA | $3.26 |
| Harbor Village | The Intrepid | 1BR,1BA | $2.74 |
| 39 Richmond St, Unit 1st Floor | 39 Richmond St | 2BR,1BA | $3.00 |
| 51 Anthony Way, Unit 1 | 51 Anthony Way | 1BR,1BA | $3.18 |
| Bay View Estates | Studio -Tower | Studio ,1BA | $3.24 |
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
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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 Portsmouth
What type of rentals are currently available in Portsmouth?
There are currently 66 Apartments for Rent in Portsmouth, RI with pricing that ranges from $1,300 to $5,850. There are also 100 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $1,000 to $80,000.
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 $1,000 to $80,000 with an average monthly rent of $5,107.
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 $2,000 to $2,850, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,500 to $15,500. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $3,400.
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

Your Local Guide to Providence Student Housing: Best Neighborhoods for College Renters
Written by: M. April Tome
Hi, I’m April, your local guide for living in Providence, RI. I attended college in Providence and lived in this great city for many years.

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.