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Studio Apartment for Rent in Portsmouth, RI

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    Starting at $1,300 Per Month

    • Studio - 2 Beds

    2121 W Main Rd, Portsmouth, RI 02871

    Come home to a spacious, water view apartment home at Bay View Estates and start living the good life.Bay View Estates is located in Portsmouth, Rhode Island, a coastal town with traditional New England charm. With magnificently landscaped grounds and sweeping views of Narragansett Bay, experience an atmosphere that few other residential communities can offer.The apartment

    Bay View Estates

    2121 W Main Rd, Portsmouth, RI 02871

Why Live in Portsmouth

Portsmouth, Rhode Island, is a historic waterside town founded in 1638, making it the second oldest municipality in the state. With a 49-mile shoreline, it boasts the longest coastline of any town in Rhode Island. Home to nearly 18,000 residents, Portsmouth features quaint homes, unique business opportunities, and highly-rated schools such as Melville Elementary, Howard W Hathaway Elementary, Portsmouth Middle School, and Portsmouth High School. The town offers various attractions, including Escobar’s Farmhouse Inn, known for its Fourth of July fireworks and corn maze, and Highland Farms, one of the few remaining dairy farms in the state. The Portsmouth Free Public Library, celebrating its 125th anniversary in 2022, continues to be a community hub with book clubs and educational resources. McCorrie Point Beach provides a scenic spot for summer relaxation. Housing styles in Portsmouth range from Cape Cod-influenced colonial revivals to modern log cabins and split levels, with homes featuring recent updates and luxurious constructions near Narragansett Bay. East Main Road connects residents to local dining and retail destinations, such as Foodworks for breakfast and lunch and Clements’ Marketplace for grocery shopping and community events. Portsmouth is conveniently located less than 10 miles from Newport and Fall River, with downtown Providence around a 30-mile drive and New Bedford just over 20 miles away. The town also hosts Raytheon’s Seapower Capability Center, employing nearly 1700 workers.

Frequently Asked Questions

How much does it cost to rent a home in Portsmouth, RI?
The median rent for a home in Portsmouth, RI is $3,800 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 $152,000 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 $3,800 per month in Portsmouth, RI, renters typically need to show $11,400 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 15.9, 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.

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$3,800
Median Single Family Home Rent
$3,400
Median Townhouse Rent
$2,950
Median Condo Rent
$3,500
How to Rent a Home