Cheap Homes for Rent in Portsmouth, RI from $1,000 (17 Rentals)

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

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.

property at 6 Ryan Ave

$1,975

Total Monthly Price

Total Monthly Price

Base Rent
$1,975

Total Monthly Price
$1,975

2 Bedroom, 1.5 Bath Home for Rent

Available Now

6 Ryan Ave

BristolRI02809

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.

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.

Portsmouth, RI Local Guide

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 ListingModel NameBed/BathPriced From
Bay View EstatesStudio -TowerStudio,1BA$1,300
Ade Bethune House1 Bed, 1 bath1BR,1BA$1,308
Harbor VillageThe Intrepid1BR,1BA$1,835
East Bay VillageThe Jamestown2BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
429 High St, Unit 1429 High St3BR,2BA$1.25
East Bay VillageThe Bristol2BR,1BA$2.42
50 Oliver St, Unit Unit 250 Oliver St2BR,1BA$2.22
3 Vierra Terrace, Unit 33 Vierra Terrace2BR,1BA$2.25
Ade Bethune House1 Bed, 1 bath1BR,1BA$1.78
71 Saint Elizabeth St71 Saint Elizabeth St2BR,1BA$3.26
Harbor VillageThe Intrepid1BR,1BA$2.74
39 Richmond St, Unit 1st Floor39 Richmond St2BR,1BA$3.00
51 Anthony Way, Unit 151 Anthony Way1BR,1BA$3.18
Bay View EstatesStudio -TowerStudio ,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.

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Real 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.

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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

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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.

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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.

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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.

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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.