Cheap Homes for Rent in Portsmouth, RI from $1,000 (12 Rentals)

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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.

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.

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. 137 Bradford St has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,800. Here is today’s list of the most affordable Portsmouth apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bay View EstatesStudio - GardenStudio,1BA$1,300
137 Bradford St2W2BR,1BA$1,800
Harbor VillageThe Intrepid1BR,1BA$1,810
East Bay VillageThe Aquidneck1BR,1BA$2,055

Best Value Apartments for Rent in Portsmouth, RI

As of February 06, 2026 the best value apartment in the Portsmouth area is the $1.59 price per square foot 11 Monroe Ave Model at 11 Monroe Ave, Unit 2 in the starting from $2,550. The second greatest value Portsmouth apartment is the 43 Congregational St Model at 43 Congregational St, Unit 1 starting at $1,950 with a $2.09 price per square foot . 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.
11 Monroe Ave, Unit 211 Monroe Ave4BR,2BA$1.59
43 Congregational St, Unit 143 Congregational St2BR,1.5BA$2.09
3 Buttonwood St, Unit 2nd Floor3 Buttonwood St3BR,1BA$2.81
137 Bradford St3E3BR,1BA$2.67
East Bay VillageThe Aquidneck1BR,1BA$2.78
Harbor VillageThe Intrepid1BR,1BA$2.70
50 Oliver St, Unit 350 Oliver St1BR,1BA$2.15
2 School Ct, Unit 2B2 School Ct1BR,1BA$2.95
Bay View EstatesStudio - GardenStudio ,1BA$3.44

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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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.

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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.

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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Portsmouth

What type of rentals are currently available in Portsmouth?

There are currently 83 Apartments for Rent in Portsmouth, RI with pricing that ranges from $1,300 to $20,000. There are also 60 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $1,000 to $70,000.

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 $70,000 with an average monthly rent of $8,933.

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 $1,900 to $3,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $25,000. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,550.

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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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.

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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.

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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.

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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.