Cheap Apartments for Rent in Portsmouth, NH from $1,200 (16 Rentals)

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

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411 Middle St
1 Bedroom Apartments

411 Middle St

411 Middle StPortsmouth, NH 03801
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Frank Jones Brew Yard
Studio to 2 Bedroom Apartments

Frank Jones Brew Yard

90 Brewery LnPortsmouth, NH 03801
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Millport Apartments
Studio to 2 Bedroom Apartments

Millport Apartments

1001 Islington StPortsmouth, NH 03801
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Monarch Village
Studio to 2 Bedroom Apartments

Monarch Village

3548 Lafayette RdPortsmouth, NH 03801
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134 Middle St
Studio Apartments

134 Middle St

134 Middle StPortsmouth, NH 03801
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The Pines
1 to 2 Bedroom Apartments

The Pines

43 BeechstonePortsmouth, NH 03801
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2 Bow St
1 Bedroom Apartments

2 Bow St

2 Bow StPortsmouth, NH 03801
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NSY Portsmouth Homes
2 to 3 Bedroom Apartments

NSY Portsmouth Homes

67 Philbrick AveKittery, ME 03904
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Portsmouth, NH Local Guide

Cheapest Neighborhoods for Apartments in Portsmouth, NH

Pricing Updated: 03/15/2025

Current 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:

NeighborhoodMedian PriceMin PriceAvailable Units
New Hampshire Beaches$3,180$1,0502462
Osprey Landing$3,489$1,3002010
Downtown Portsmouth$3,570$1,300497
South End$3,570$1,300497
Hillcrest$3,642$1,210484
Portsmouth Plains$3,642$1,210497
Colonial Pines$3,885$1,210435
Ocean Road$3,885$1,210448
Strawberry Banke$4,395$1,300116

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 ListingModel NameBed/BathPriced From
Monarch Village1BR/1.0BA1BR,1BA$1,850
Sagamore Court1 Bedroom1BR,1BA$2,000
Seacoast ResidencesThe LighthouseStudio,1BA$2,079
West End YardsS1AStudio,1BA$2,275
The Residences at Portwalk PlaceAria Studio A1Studio,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 ListingModel NameBed/BathPrice Per Sq.Ft.
254 Nimble Hill Rd, Unit 254254 Nimble Hill Rd1BR,1.5BA$2.40
Monarch Village2BR/1.0BA2BR,1BA$3.16
18 Ladd St, Unit 18 Ladd St. Apt 218 Ladd St1BR,1BA$3.73
The Residences at Portwalk PlaceAria Studio A1Studio ,1BA$4.15
Sagamore Court1 Bedroom1BR,1BA$3.08
Seacoast ResidencesThe LighthouseStudio ,1BA$4.10
West End YardsS1AStudio ,1BA$4.74
3 Walbach St, Unit 63 Walbach StStudio ,1BA$7.33
747 Ocean Blvd, Unit 2747 Ocean BlvdStudio ,1BA$4.27

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

Explore Portsmouth, NH Rentals by Map

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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

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.

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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.

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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.

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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.

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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.