Homes & Apartments for Rent in 02840

1-14 of 14 rentals
Viewing 1-14 of 14 rentals in 02840
What to Know About

Life in Newport & Beyond

Newport shares many of the great qualities that make Rhode Island a desirable place to live.

Rhode Island, a small state with a big personality, is renowned for its unique history, coastal charm, and delectable cuisine. The capital of Rhode Island is Providence, home to several prestigious universities such as Brown University, Rhode Island School of Design, and the University of Rhode Island. Discover its fascinating legacy by visiting notable museums, including the opulent Newport Mansions or the enlightening Roger Williams Park Museum of Natural History. A mix of booming tourism, manufacturing, and healthcare industries drives Rhode Island's economy, creating a diverse and thriving community.

Rhode Island offers an abundance of activities for outdoor enthusiasts or culture seekers. Sail or fish along the scenic coast, hit the slopes for skiing in the nearby mountains, or attend exciting college sports games at one of its esteemed universities. Explore attractions like the iconic Newport Cliff Walk, Blithewold Mansion, Gardens & Arboretum, and picturesque Narragansett Bay.

With its rich history, charming coastline, and flourishing economy, Rhode Island is an excellent place to call home for those who seek outdoor recreation, a unique cultural experience, and a high quality of life.

Rental Market Trends

Newport, RI

As of October 2026, Newport's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Newport's average rent is 13.9% ($286) lower than the Rhode Island average of $2,061 and 2.4% ($44) lower than the U.S. average of $1,819.

Average Rent
$1,775
Monthly ChangeMonth Over Month Change
Increased33.9% ($449)
Yearly ChangeYear Over Year Change
Increased33.9% ($449)
Avg. Days on MarketAverage Days on Market
27
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,525 Increased34.5% ($391) Increased34.5% ($391)
2 Beds $1,773 Increased34.6% ($456) Increased34.6% ($456)
3 Beds $2,080 Increased34.5% ($534) Increased34.5% ($534)
Nearby Cities Average Rent Avg. Rent vs. NewportAverage Rent vs. Newport Avg. Days on MarketAverage Days on Market
Middletown $2,404 Increased35.4% ($629) 31 days
East Greenwich $2,264 Increased27.5% ($489) 29 days
Warwick $2,064 Increased16.3% ($289) 28 days
Fall River $1,820 Increased2.5% ($45) 27 days
West Warwick $2,316 Increased30.5% ($541) 31 days
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Newport Rental Market FAQs

Explore rental prices, market trends, and availability in Newport, RI.

The average rent in Newport, RI is $1,775 per month.
Homes in Newport typically rent for between $1,068 and $2,704 per month, with an average of $1,775 per month.
In Newport, the average rent for a 1-bedroom home is $1,525 per month, for a 2-bedroom home, $1,773 per month, and a 3-bedroom home is $2,080 per month.
The average rent in Newport is 2.4% ($44) lower than the national average of $1,819 per month.
The average rent in Newport has increased by 33.9% ($449) in the last month and increased by 33.9% ($449) over the past year.
The rental market in Newport, RI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Newport, RI, the average rental stays on the market for approximately 27 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 14 rental properties available in Newport, RI.
Based on the current averages, a household would need an annual income of $70,920 to comfortably afford a 2-bedroom home in Newport.
What's New on the Blog

Explore recent posts on our blog, curated for renters, landlords, and industry pros.

List Your Property for Rent

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, Zumper and more to attract quality tenants faster and take your listings to the next level.