5

Portsmouth, RI Condos for Rent

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  • /12

    $3,400 Per Month

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    25 Bayside Ave, Portsmouth, RI 02871

    WATERFRONT Home!Perfect for Military! 6 miles to Newport Navy Base! SEPT 15 - JUNE 15 Availability. Quaint, newly remodeled 2 bedroom stand alone home ON the Sakonnet River. Large yard, on a double lot! Waterfront Deck! Off-street parking. All new interior, fully furnished home with stone stairs to your own rocky beach! Sip your coffee and watch the sunrise, or stroll

    25 Bayside Ave, Portsmouth, RI 02871
  • /13

    $2,500 Per Month

    • 2 Beds
    • 1 Bath
    • 960 Sq Ft
    • Condo for Rent

    38 Aquidneck Ave Unit 2, Portsmouth, RI 02871

    Second floor apartment 2 beds,1 bath. Year lease. Wake up to stunning sunrises and refreshing sea breezes in this rare waterfront rental overlooking the Sakonnet River. Unobstructed water views from the comfort of your home in the areas most desirable coastal neighborhoods. This rental is a minute from rt.24 and conveniently located to Newport's vibrant restaurants, shopping, beaches and harbor,

    38 Aquidneck Ave Unit 2, Portsmouth, RI 02871
  • /15

    $2,800 Per Month

    • 3 Beds
    • 1 Bath
    • 1,290 Sq Ft
    • Condo for Rent

    38 Aquidneck Ave Unit 1, Portsmouth, RI 02871

    First floor apartment 3 beds,1 bath. Year lease. Wake up to stunning sunrises and refreshing sea breezes in this rare waterfront rental overlooking the Sakonnet River. Unobstructed water views from the comfort of your home in the areas most desirable coastal neighborhoods. This spacious apartment is a minute from rt.24 and conveniently located to Newport's vibrant restaurants, shopping, beaches

    38 Aquidneck Ave Unit 1, Portsmouth, RI 02871
  • /19

    $2,800 Per Month

    • 3 Beds
    • 1 Bath
    • 795 Sq Ft
    • Condo for Rent

    32 Prince Henry Ave Unit 32, Portsmouth, RI 02871

    Beautiful three-bedroom apartment available for a July 1st move in at the desirable area of Prince Henry Ave Portsmouth, RI. This bi-level unit offers two bedrooms and a full bathroom on the main floor with a total of 795 sq ft. On the lower level floor, you have an additional bedroom and laundry room which offers a total of 551 sq ft. The unit also offers a lovely outdoor deck just outside of

    32 Prince Henry Ave Unit 32, Portsmouth, RI 02871
  • /20

    $4,600 Per Month

    • 4 Beds
    • 2 Baths
    • 2,190 Sq Ft
    • Condo for Rent

    131 Taylor Rd, Portsmouth, RI 02871

    Unique rental opportunity ! Enjoy classic New England coastal living at 131 Taylor Road, a pristine 2,190 sq ft Colonial in one of Greater Newport’s most prestigious neighborhoods. Set on a whisper-quiet street, the home is surrounded by meticulous landscaping and sprawling, park-like grounds—with professional lawn care included.Inside, the layout features 4 bedrooms, 2.5 bathrooms,

    131 Taylor Rd, Portsmouth, RI 02871

Frequently Asked Questions

How much does it cost to rent a condo in Portsmouth, RI?
The median rent for a condo in Portsmouth, RI is $3,500 per month, though prices vary by neighborhood, size, and property type. As of July 2026, townhouses tend to be the most affordable option while single-family homes and condos are currently more expensive.
How much do you need to make to afford rent in Portsmouth, RI?
To comfortably afford the median rent in Portsmouth, RI, a household needs to earn roughly $150,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $3,750 per month in Portsmouth, RI, renters typically need to show $11,250 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Portsmouth, RI?
In Portsmouth, RI, the price-to-rent ratio is 16.0, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Portsmouth, RI are best for renting a condo?
The best neighborhood for renting in Portsmouth, RI depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Sandy Beach, Western Fall River and Downtown Bristol, each with its own character and price range.

Rental Home Trends

Number of Condos for Rent
5
Median Condo Rent
$3,500
Median 2 Bedroom Condo Rent
$3,500
Median 3 Bedroom Condo Rent
$4,450
How to Rent a Home