Newport, RI Rental Market Trends
Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Newport is $2,093, a 3.26% increase compared to the previous year, when the average rent was $2,027.
One-bedroom apartments provide 606 square feet for $1,788, balancing privacy and affordability.
Two-beedroom units at $1,873 offer 868 square feet, perfect for roommates or small families.
Three-bedroom apartments deliver maximum space (1,206 sq ft) for $2,098, suitable for larger households.
Average rent in Newport, RI
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $2,093 | 1,058 sq. ft. |
| Studio | n/a | n/a |
| 1 Bed | $1,788 | 606 sq. ft. |
| 2 Beds | $1,873 | 868 sq. ft. |
| 3 Beds | $2,098 | 1,206 sq. ft. |
Newport, RI rent trends
Rental prices in Newport, RI have increased by 3.26% over the past year. The average rent moved from $2,027 to $2,093.
What's the typical rent budget in Newport, RI?
The largest share of rentals in Newport, RI (26%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.
Do most people rent or own in Newport, RI?
5,384 or 50% of the households in Newport, RI are renter-occupied while 5,291 or 50% are owner-occupied.
How Newport Compares to Other Cities
| City | Average Rent |
|---|---|
| Newport | $2,093 |
| Providence | $2,571 |
| East Providence | $2,150 |
| Cranston | $2,041 |
| Warwick | $1,949 |
| Pawtucket | $1,910 |
| Fall River, MA | $2,099 |
| New Bedford, MA | $2,063 |
| Attleboro, MA | $2,143 |
| Taunton, MA | $1,963 |
| North Kingstown, RI | $2,574 |
Where this data comes from
The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.
Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Newport apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.
Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.