
Cheap Apartments for Rent in Portsmouth, NH from $1,200 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in Portsmouth.


43 Union St

Osprey Landing

Sagamore Court

1061 Maplewood Ave, Unit 2

The Residences at Eliot Commons 55+ Community
Portsmouth, NH Local Guide

How much does it cost to rent an apartment in Portsmouth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Portsmouth Studio Apartments | $2,152 | $1,210 | $2,839 |
Cheap Portsmouth 1 Bedroom Apartments | $2,636 | $1,240 | $3,950 |
Cheap Portsmouth 2 Bedroom Apartments | $3,222 | $1,440 | $4,810 |
Cheap Portsmouth 3 Bedroom Apartments | $3,452 | $2,225 | $4,300 |
Cheap Portsmouth 4 Bedroom Apartments | $2,450 | $2,450 | $2,450 |
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Portsmouth, NH Local Guide
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Cheapest Neighborhoods for Apartments in Portsmouth, NH
Pricing Updated: 03/15/2025Current apartment rentals in the Portsmouth, NH area range in price from $1,050 to $4,810 with an overall median price of $3,695. The three Portsmouth neighborhoods with the lowest median rent pricing are New Hampshire Beaches at $1,050, Osprey Landing at $1,300, and Downtown Portsmouth at $1,300. Here is today’s list of the top 9 neighborhoods with the lowest median pricing for Portsmouth Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
New Hampshire Beaches | $3,180 | $1,050 | 2462 |
Osprey Landing | $3,489 | $1,300 | 2010 |
Downtown Portsmouth | $3,570 | $1,300 | 497 |
South End | $3,570 | $1,300 | 497 |
Hillcrest | $3,642 | $1,210 | 484 |
Portsmouth Plains | $3,642 | $1,210 | 497 |
Colonial Pines | $3,885 | $1,210 | 435 |
Ocean Road | $3,885 | $1,210 | 448 |
Strawberry Banke | $4,395 | $1,300 | 116 |
Cheapest Available Portsmouth Apartments for Rent
 The cheapest available apartment rental in Portsmouth, NH is a 1 Bed unit found at Monarch Village in the Ocean Road neighborhood priced from $1,850. Sagamore Court in the Ocean Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $2,000. Here is today’s list of the most affordable Portsmouth apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Monarch Village | 1BR/1.0BA | 1BR,1BA | $1,850 |
Sagamore Court | 1 Bedroom | 1BR,1BA | $2,000 |
Seacoast Residences | The Lighthouse | Studio,1BA | $2,079 |
West End Yards | S1A | Studio,1BA | $2,275 |
The Residences at Portwalk Place | Aria Studio A1 | Studio,1BA | $2,839 |
Best Value Apartments for Rent in Portsmouth, NH
As of March 16, 2025 the best value apartment in the Portsmouth area is the $2.40 price per square foot 254 Nimble Hill Rd Model at 254 Nimble Hill Rd, Unit 254 in the in the Osprey Landing neighborhood starting from $2,300. The second greatest value Portsmouth apartment is the 2BR/1.0BA Model at Monarch Village starting at $2,399 with a $3.16 price per square foot in the Ocean Road 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. |
---|---|---|---|
254 Nimble Hill Rd, Unit 254 | 254 Nimble Hill Rd | 1BR,1.5BA | $2.40 |
Monarch Village | 2BR/1.0BA | 2BR,1BA | $3.16 |
18 Ladd St, Unit 18 Ladd St. Apt 2 | 18 Ladd St | 1BR,1BA | $3.73 |
The Residences at Portwalk Place | Aria Studio A1 | Studio ,1BA | $4.15 |
Sagamore Court | 1 Bedroom | 1BR,1BA | $3.08 |
Seacoast Residences | The Lighthouse | Studio ,1BA | $4.10 |
West End Yards | S1A | Studio ,1BA | $4.74 |
3 Walbach St, Unit 6 | 3 Walbach St | Studio ,1BA | $7.33 |
747 Ocean Blvd, Unit 2 | 747 Ocean Blvd | Studio ,1BA | $4.27 |
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Best Local Schools in Portsmouth, NH
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Getting Around Portsmouth, NH
Walk Score®
65 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
51 / 100
Bikeable
Some 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 Cheapest Studio apartment in Portsmouth?
Currently the most affordable Cheap Studio Apartment in Portsmouth is at Seacoast Residences listed at $2,079.
How much is rent for a Cheap One Bedroom Portsmouth Apartment?
The lowest price for a Cheap One Bedroom Portsmouth Apartment is $1,850 at Monarch 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 $2,399 at Monarch 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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

What to Know About Fees and Fines When Renting
Written by: Trey Huguley
When it comes to renting a new apartment or home there can be a number of fees that you will want to keep in mind going into the process.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.