
Cheap Homes for Rent in Portsmouth, NH from $1,500 (17 Rentals)
Cheap Homes in Portsmouth.


971 Ocean Blvd

5 10th St

1002 Cocheco Ct

275 Ocean Blvd

90 Fleet St

90 Fleet St

885 Ocean Blvd
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

461 Ocean Blvd

98 Henry Law Ave

6 Willow Ln

514 Springbrook Cir, Unit 514 SpringBrook Circle

514 Springbrook Cir, Unit 514 SpringBrook Condo

315 Ocean Blvd

53 Foss Cir

38 Waterloo Cir
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.

403 White Cedar Blvd
Portsmouth, NH 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 | $2,815 | $1,600 | $4,850 |
Portsmouth 3 Bedroom Homes for Rent | $3,449 | $2,300 | $5,600 |
Portsmouth 4 Bedroom Homes for Rent | $7,650 | $3,500 | $10,000+ |
Portsmouth 5 Bedroom Homes for Rent | $8,000 | $8,000 | $8,000 |
Browse Top Homes for Rent in Portsmouth
Explore Portsmouth
Portsmouth, NH Local Guide
- Portsmouth Neighborhoods
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Cheapest Neighborhoods for Apartments in Portsmouth, NH
Pricing Updated: 05/02/2025Current apartment rentals in the Portsmouth, NH area range in price from $1,500 to $20,000 with an overall median price of $4,616. The three Portsmouth neighborhoods with the lowest median rent pricing are Colonial Pines at $2,400, Osprey Landing at $2,100, and Portsmouth Plains at $2,100. 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 |
---|---|---|---|
Colonial Pines | $3,500 | $2,400 | 11 |
Osprey Landing | $3,550 | $2,100 | 10 |
Portsmouth Plains | $3,550 | $2,100 | 13 |
Hillcrest | $3,800 | $2,100 | 16 |
Ocean Road | $4,400 | $2,400 | 13 |
Strawberry Banke | $4,450 | $2,100 | 7 |
South End | $4,700 | $2,100 | 8 |
Downtown Portsmouth | $5,600 | $2,100 | 8 |
New Hampshire Beaches | $8,000 | $1,500 | 40 |
Cheapest Available Portsmouth Apartments for Rent
 The cheapest available apartment rental in Portsmouth, NH is a Studio unit found at Monarch Village in the Ocean Road neighborhood priced from $1,699. Sagamore Court in the Ocean Road neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,975. Here is today’s list of the most affordable Portsmouth apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Monarch Village | 0BR/1.0BA | Studio,1BA | $1,699 |
Sagamore Court | 1 Bedroom | 1BR,1BA | $1,975 |
Seacoast Residences | The Lighthouse | Studio,1BA | $2,163 |
West End Yards | S1A | Studio,1BA | $2,310 |
The Residences at Portwalk Place | Aria Studio A4 | Studio,1BA | $3,095 |
Best Value Apartments for Rent in Portsmouth, NH
As of May 02, 2025 the best value apartment in the Portsmouth area is the $2.75 price per square foot 3T Model at Arbor View and The Pines in the in the Ocean Road neighborhood starting from $3,300. The second greatest value Portsmouth apartment is the 406 The Hill Model at 406 The Hill, Unit 406 The Hill starting at $2,195 with a $2.93 price per square foot in the South End 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. |
---|---|---|---|
Arbor View and The Pines | 3T | 3BR,2BA | $2.75 |
406 The Hill, Unit 406 The Hill | 406 The Hill | 1BR,1BA | $2.93 |
The Residences at Portwalk Place | Aria Studio A4 | Studio ,1BA | $4.72 |
Sagamore Court | 1 Bedroom | 1BR,1BA | $3.04 |
Seacoast Residences | The Lighthouse | Studio ,1BA | $4.27 |
West End Yards | S1A | Studio ,1BA | $4.81 |
Monarch Village | 0BR/1.0BA | Studio ,1BA | $4.72 |
747 Ocean Blvd, Unit 2 | 747 Ocean Blvd | Studio ,1BA | $5.70 |
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Frequently Asked Questions about Portsmouth
What type of rentals are currently available in Portsmouth?
There are currently 98 Apartments for Rent in Portsmouth, NH with pricing that ranges from $1,210 to $4,850. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Portsmouth ranging from $1,500 to $20,000.
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 $1,500 to $20,000 with an average monthly rent of $4,326.
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 $2,225 to $4,400, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,300 to $5,600. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $2,450.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.