Newport, RI Rental Market Trends
The average rent for an apartment in Newport is $1,524, a change amounting to approximately 0% compared to the previous year.
Average Rent in Newport, RI
|Average Rent||Y-o-Y Change||Average Apartment Size|
|$1,524||0%||1,058 sq. ft.|
The average size for a Newport, RI apartment is 1,058 square feet, but this number varies greatly depending on apartment type. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.
Newport, RI Apartment Rent Ranges
- > $2,00022%
Newport, RI Occupied Housing Units
- Renter-occupied Households54%
- Owner-occupied Households45%
5,721 or 54% of the households in Newport, RI are renter-occupied while 4,802 or 45% are owner-occupied.
Newport, RI Rent Trends
|Mar / 2019||Oct / 2019|
How Does Newport Compare to Nearby Cities
|Average Rent||Y-o-Y Change|
For more information about the Newport rental trends, check out our monthly rent report