Portsmouth Homes under $500,000

Welcome to Portsmouth, New Hampshire—where coastal charm meets vibrant city life! Nestled in Rockingham County, Portsmouth is a picturesque city known for its rich maritime history, stunning waterfront views, and a thriving arts scene. With its cobblestone streets, historic architecture, and a lively downtown filled with boutique shops, restaurants, and galleries, Portsmouth offers a unique blend of culture and community that is hard to resist.

One of the most appealing aspects of living in Portsmouth is the accessibility to homes priced under $500,000. Whether you’re a first-time homebuyer, looking to downsize, or seeking an investment opportunity, this city has a variety of options that cater to diverse lifestyles. From charming single-family homes in quiet neighborhoods to modern condos with stunning views, Portsmouth’s real estate market provides an array of choices that make it easy to find your ideal home without breaking the bank.

Imagine waking up to the sound of waves lapping against the shore or enjoying a leisurely stroll along the scenic waterfront. Portsmouth is not just a place to live; it’s a lifestyle. With its proximity to beautiful beaches, parks, and outdoor recreational activities, residents can enjoy the best of both worlds—urban convenience and natural beauty.

Don’t miss the opportunity to make Portsmouth your home. With a vibrant community, rich history, and homes under $500,000, this charming city is waiting for you to discover its many delights! Explore the possibilities and fall in love with all that Portsmouth has to offer.

Newest Portsmouth Homes under $500,000

$450,000

2 Beds ⋅ 1 Baths ⋅ 5112482 MLS

A quieter corner of Atlantic Heights. Tucked toward the back of this distinctive Portsmouth neighborhood, 193 Crescent Way offers a more private setting within a community known for its historic character and brick homes. Thoughtfully renovated with a new kitchen and bath, this two bedroom home blends the charm of a 1917 residence with opportunities to further open the floor plan and invite even more natural light. A fenced backyard provides space for gardening, relaxing or entertaining, with a shed for outdoor storage. The clean, unfinished basement offers useful space for laundry and additional storage. Enjoy a tucked away feel with downtown Portsmouth, shopping, dining and commuter routes within easy reach. For those who appreciate Atlantic Heights but prefer a quieter spot to come home to, Crescent Way deserves a close look.

193 Crescent Way, Portsmouth

$439,000

2 Beds ⋅ 1 Baths ⋅ 5111389 MLS

This is the least expensive detached single-family home you can buy in Portsmouth today. Here's a fun one: In 1918, the U.S. Shipping Board's Emergency Fleet Corporation paid for a whole village of mostly brick homes just up Kearsarge Way, to house the workers building steel cargo ships on the Piscataqua. That's Atlantic Heights, and every street there is named for a ship built in Portsmouth Harbor. Yours got the USS Kearsarge. She was a Civil War sloop, launched at the Portsmouth Navy Yard in 1861, and three years later she sank the Confederate raider Alabama off Cherbourg, France. Not a bad namesake. The bungalow itself isn't one of the village houses (it came along later, around 1925), but it does sit on its own 0.23 acres. Two bedrooms and one full bath, all on the same floor. There's a kitchen, a front room for living or dining, a walk-in closet, a small bonus room, and a long enclosed entry that opens onto the deck. Underneath it all is a full walkout basement for storage, a workshop, or whatever you need it to be. Outside, the side yard is much bigger than you'd expect for a house this size, and you've got paved off-street parking for several cars. Think of it as a blank slate. Fix it up and live here, or, with the city's approval, tear it down and build something new. You have options. Heat is oil-fired hot water baseboard, with public water and a private septic system. I-95 at Exit 7 is about a minute from the driveway, Route 16 is about five, Market Basket is about a mile, and Market Square is about a mile and a half. Hanscom Park, the World War II memorial green at the entrance to Atlantic Heights, is about a four-minute walk. Estate sale, sold as-is. Buyers to do their own due diligence.

374 Kearsarge Way, Portsmouth

$150,000

1 Beds ⋅ 1 Baths ⋅ 5111219 MLS

Welcome home to the heart of Portsmouth! This bright mobile home offers effortless living with a functional, open-concept flow and is located within a resident-owned co-op community. Enter into a welcoming living area that opens seamlessly to a well-appointed kitchen featuring crisp white cabinetry, ample counter space, and stainless-steel appliances. The home features one bedroom, a full bath, in-unit laundry hookups, and a separate utility room offering additional storage. Enjoy a prime location just moments from local shops, top-tier restaurants, and vibrant downtown Portsmouth. Don't miss this incredible opportunity to enjoy convenient single-level living in a resident-owned community!

1338 Woodbury Ave Unit 10, Portsmouth

$325,000

1 Beds ⋅ 1 Baths ⋅ 5111213 MLS

Own a downtown Portsmouth, NH condo for $325,000 and enjoy the city right outside your door. At 90 Fleet Street, Unit 3-5, you’re steps from Market Square and an incredible mix of restaurants, breweries, shops, and live entertainment. Start your morning with coffee at Elephantine Bakery or breakfast at Popovers or The Friendly Toast. Walk to historic Strawbery Banke, catch a concert at Prescott Park or a show at Jimmy’s Jazz & Blues Club, and meet friends for waterfront dining at Tugboat’s. This is your chance to be part of the Portsmouth community. Set on the third floor, the condo offers an easy-to-maintain home base with elevator access and on-site laundry. A one-year parking pass to the Foundry Garage is included. Seacoast beaches are nearby, and convenient commuter routes put Boston, Portland, the lakes, and the mountains within reach. Whether you’re looking for a primary residence, a place to stay when work brings you to town, a weekend retreat, or an investment property for a potential 1031 exchange, this is an exceptional opportunity to own in the heart of downtown Portsmouth.

90 Fleet St Unit 3-5, Portsmouth

$499,000

2 Beds ⋅ 1 Baths ⋅ 5111071 MLS

There’s something undeniably welcoming about this classic 1950s brick ranch. Full of character and easy everyday living, the home features warm hardwood floors, a wood-burning stove that anchors the living room, and large windows that fill the space with natural light. Two comfortable bedrooms offer a simple, functional layout, while the attached one-car garage leads directly into a convenient mudroom - perfect for kicking off boots, dropping bags, or coming home with groceries. Outside, the patio stretches the full length of the house, creating plenty of space for grilling, dining, entertaining, or simply settling in with a coffee on a sunny morning. The backyard firepit adds another gathering spot and makes the outdoor space especially enjoyable well into the fall. Solid, charming, and full of potential, this brick ranch is ready for its next chapter in an established Portsmouth neighborhood.

1935 Lafayette Rd, Portsmouth

412 White Cedar Blvd Unit 412, Portsmouth

$321,000

2 Beds ⋅ 1 Baths ⋅ 5111034 MLS

Desirable top-floor condo with HEAT included! This 2-bedroom, 1-bath condo at The Cedars offers a peaceful wooded setting, plenty of potential, and the kind of low-maintenance living that lets you spend more time enjoying life and less time worrying about the house. The unit is move-in ready and gives you the opportunity to bring your own style and ideas to the space. It features an in-unit washer and dryer, dedicated covered parking, and a large private storage area, because apparently, we all have more stuff than we think we do. The Cedars offers a great lineup of community amenities, including an outdoor pool, hot tub, tennis courts, clubhouse with fitness center, playground, overflow parking. The exterior decks have also recently been rebuilt. Even better, the condo fee includes heat, water, and sewer, making monthly expenses a little easier to manage. Located close to shopping, restaurants, beaches, and downtown Portsmouth, with convenient access to I-95, this condo puts you close to just about everything while still giving you a quiet place to come home to.

412 White Cedar Blvd Unit 412, Portsmouth

$465,000

2 Beds ⋅ 1 Baths ⋅ 5109200 MLS

TURNKEY PORTSMOUTH VALUE! Priced at $465,000—$20,000 below its recent lender appraisal—this thoughtfully renovated Atlantic Heights home offers an incredible opportunity for first-time buyers, investors, downsizers, or anyone seeking easy, low-maintenance living close to everything Portsmouth has to offer. More than $80,000 has been invested since 2022, including a new furnace and HVAC system with heat pump, a stunning $40,000 custom bathroom with soaking tub, fresh interior paint, basement moisture barrier and sump pump, new basement windows, washer/dryer combination, finished basement flooring, and a dedicated home office. A new fence and arbor complete the private backyard, offering space to garden, entertain, or simply relax. Inside, every detail feels thoughtful, stylish, and completely move-in ready. Enjoy hardwood floors, a bright kitchen with granite countertops and updated appliances, two comfortable bedrooms, a beautifully remodeled bath, and flexible finished space for working from home. Furnishings have been thoughtfully selected and may also be available for purchase. Located in the charming Atlantic Heights neighborhood with tree-lined streets, sidewalks, parks, gardens, and waterfront paths—all just 1.5 miles from downtown Portsmouth. Commuter routes, hospitals, shopping, restaurants, and nightlife are all close by. All the expensive work has already been done—simply move in and enjoy. An extraordinary Portsmouth value at $465,000!

93 Saratoga Way, Portsmouth

$439,000

1 Beds ⋅ 1 Baths ⋅ 5109054 MLS

Exceptional Portsmouth location! This charming 1st-floor condo offers the perfect blend of character, convenience, & city living. Situated just 2 blocks from the vibrant West End and only 0.6 mi. to downtown Portsmouth. Stroll to beloved neighborhood favorites including The Getty Bagel, White Heron Café, Otto Pizza, Botanica, and more, or head downtown to enjoy award-winning restaurants, art galleries, the Music Hall, boutique shopping, Prescott Park, and the iconic waterfront decks. Move-in ready and filled with character, this inviting condo beautifully blends original charm with thoughtful modern updates. Wide pine floors, detailed trim work, and classic built-ins add warmth and timeless appeal, while the updated kitchen features elegant Cambria quartz countertops, stylish checkerboard tile flooring, a dishwasher, and gas range with vent hood. The bathroom has also been tastefully updated with a beautifully tiled shower. The spacious bedroom features excellent storage with a large closet and shelving unit. Additional highlights include convenient in-unit laundry, natural gas heat, and public water and sewer. Recent common-area improvements include a new water service line and a storage shed with dedicated private storage which is great for storing bikes, sporting equipment & more! The property also offers 1 deeded off-street parking space & additional guest parking. Whether you're looking for a seasonal getaway, full-time residence, or investment opportunity, this delightful Portsmouth condo offers an outstanding location with easy access to everything this vibrant city has to offer. OPEN HOUSE SAT. 9/19, 10am - 12pm.

145 Cabot St Unit 1, Portsmouth

$455,000

2 Beds ⋅ 1 Baths ⋅ 5108851 MLS

Welcome to Atlantic Heights-one of Portsmouth’s most beloved neighborhoods! This charming light-filled 2-bedroom, 1-bath home packs in everything you need, with thoughtful updates, fantastic storage, outdoor space, and the rare bonus of your own off-street parking spot-especially valuable when winter snow bans roll around. Inside, you’ll find an updated kitchen and full bath, replacement windows, and a comfortable, move-in-ready layout. A full, dry basement provides plenty of additional storage, while a Jamaica Cottage Shop shed offers even more space for bikes, gardening supplies, beach gear, and all the extras. Outside, the quiet corner lot feels surprisingly private thanks to thoughtfully planted mature hedges and established landscaping. Enjoy a raised garden bed, dedicated outdoor seating area, and private side yard. With its combination of updates, storage, parking, privacy, and outdoor space-all in a convenient Portsmouth location-this Atlantic Heights home is one you’ll want to see in person. Showings begin September 12th from 11am-1pm at the Open House.

258 Raleigh Way, Portsmouth

2003 White Cedar Blvd Unit 2003, Portsmouth

$290,000

2 Beds ⋅ 1 Baths ⋅ 5108812 MLS

Enjoy easy condo living in this well-located two-bedroom home offering a comfortable and functional layout, in-unit laundry, a well-equipped kitchen, and nicely sized bedrooms. Conveniently situated just a short drive from downtown Portsmouth and area beaches, with shopping, dining, and everyday conveniences only minutes away. The community offers an impressive array of amenities, including a carport, additional storage, swimming pool, hot tub, tennis courts, and a clubhouse with fitness center. Heat is included in the condo fee. Whether you’re looking for a primary residence, a second home, or an investment opportunity, this condo offers a great combination of location, convenience, and amenities. HOA included heat and hot water.

2003 White Cedar Blvd Unit 2003, Portsmouth

$429,900

2 Beds ⋅ 1 Baths ⋅ 5108689 MLS

Enjoy effortless downtown living at 140 Cass Street! This condo comes complete with two deeded parking spaces, is pet-friendly, and has an exceptionally low condo fee of only $175/month! This charming 2-bedroom, 1-bathroom condominium offers the ideal blend of low-maintenance living and incredible convenience. Tucked into one of Portsmouth's most accessible neighborhoods, you are just minutes from vibrant Market Square, historic waterfront parks, local shopping, and renowned downtown dining. Inside, the home features a light-filled, open-concept floor plan designed for comfortable living. The functional layout maximizes space with two cozy bedrooms and a full bath, making it an ideal option for first-time buyers, primary residents looking to downsize, or those seeking an affordable coastal getaway. A major advantage of this property is the well-managed condo association, designed to give you ultimate peace of mind and more free time. Skip the heavy outdoor maintenance and spend your weekends enjoying everything Portsmouth has to offer right outside your doorstep. Move-in ready and perfectly situated- don't miss this outstanding opportunity!

140 Cass St Unit 1, Portsmouth

$329,000

2 Beds ⋅ 1 Baths ⋅ 5108624 MLS

One of the most desirable units to come to market at The Cedars, this renovated top-floor, 2-bedroom, 1-bath condominium offers peaceful wooded views and worry-free living. Recent improvements include an updated kitchen with stainless steel appliances, newer windows and sliding glass door, and a tastefully renovated full bathroom featuring a beadboard ceiling. Additional conveniences include a new hot water heater (2024) and an in-unit washer and dryer. Residents enjoy an impressive selection of community amenities, including an outdoor pool, hot tub, tennis courts, clubhouse with fitness center, playground, kayak storage, overflow parking, on-site maintenance, and dedicated covered parking with a large private storage area. The exterior decks have also recently been rebuilt. Heat, water, and sewer are included in the many amenities covered by the condo fee. Conveniently located near shopping, restaurants, beaches, and downtown Portsmouth, with easy access to I-95 for commuters. Some photos have been virtually enhanced/staged.

512 White Cedar Blvd, Portsmouth

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