
Cheap Apartments for Rent in Portsmouth, RI from $1,300 (5 Rentals)
Search the lowest-cost Apartments available for rent right now in Portsmouth.

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

East Bay Village
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.

33 St Elizabeth St
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.

Harbor Village

36 Mount Hope Ave, Unit 2
Portsmouth, RI Local Guide

How much does it cost to rent an apartment in Portsmouth?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Cheap Portsmouth Studio Apartments | $1,449 | $1,300 | $1,675 |
Cheap Portsmouth 1 Bedroom Apartments | $2,663 | $1,600 | $8,000 |
Cheap Portsmouth 2 Bedroom Apartments | $2,150 | $1,750 | $2,850 |
Cheap Portsmouth 3 Bedroom Apartments | $2,750 | $2,250 | $3,500 |
Browse Top Apartments in Portsmouth
See all Apartments in PortsmouthExplore Portsmouth
Portsmouth, RI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Portsmouth Apartments for Rent
 Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Bay View Estates | 2 BR - Garden | 2BR,1BA | $1,950 |
Best Value Apartments for Rent in Portsmouth, RI
As of May 19, 2025 the best value apartment in the Portsmouth area is the $1.50 price per square foot 149 Rocky Point Ave Model at 149 Rocky Point Ave, Unit 1 in the in the Warwick West Warwick neighborhood starting from $1,950. The second greatest value Portsmouth apartment is the 2 BR - Garden Model at Bay View Estates starting at $1,950 with a $2.20 price per square foot . 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. |
---|---|---|---|
149 Rocky Point Ave, Unit 1 | 149 Rocky Point Ave | 2BR,1BA | $1.50 |
Bay View Estates | 2 BR - Garden | 2BR,1BA | $2.20 |
36 Bayside Ave, Unit Xavier | 36 Bayside Ave | 1BR,1BA | $3.57 |
Quick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Portsmouth, RI Rentals by Map
See the most popular apartments and homes in Portsmouth, RI
Getting Around Portsmouth, RI
Walk Score®
34 / 100
Car-Dependent
Most errands require a car
Bike Score®
29 / 100
Somewhat Bikeable
Minimal 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 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 $1,950 at Bay View Estates.
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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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.