Property prices for rent in Newport (Rhode Island)

The rent prices in real estate in Newport, in the Rhode Island region have risen considerably in the last couple of months. There has been a strong rise in the rent prices this city.

$3,729.33
Average price last 6 months
$15.73
Price/sq.feet last 6 months
Average price per sq.feet

The price per sq.feet in Newport has risen strongly during the last 6 months. In April, the average price per sq.feet was $2.54. In the following month the price per sq.feet rose considerably to $7.67. The price for the following two months in (June, July) had a considerable rise of 461 %. The price per sq.feet has had a considerable rise of 129 % in the last two months compared to the average price for the previous four months. This was obtained by comparing the first four months of the period going from a price per sq.feet of $14.32 to $18.53 during August, and September.

Average price

When referring to the price in Newport (cities), this has risen considerably in the last 6 months. The average price during our first sample month during April, is $2,789. During May the price went through a considerable rise reaching $3,586. During the following two months (June, July) the average price had a considerable rise of 147 % with regard to the previous two months. During the last two months the average price has fallen greatly compared to the previous four going from $3,939.25 to $3,309.5, which means a 84 % fall.

Average price per bedrooms

The graph displaying the average rent price for bedrooms illustrates that those properties with 1 bedroom are the most affordable ones. At a price of $2,297 they are 36 % more affordable than the average price for Newport . The properties with the highest average price have 4 bedrooms, Their price is 87 % more expensive than the average. After that we have properties with 3 bedrooms priced at $2,364.

With regard to the average price per sq.feet, those properties with 3 bedrooms are the most affordable ones at a cost of $1.58 / sq.feet, with an average $1.78 / sq.feet price in Newport. The properties with the most expensive average prices have 1 bedroom. They are 21 % more expensive than the average followed by properties with 4 bedrooms with a price at $2.07 / sq.feet.

Price per property type

The graph displaying the average rent prices displays the property type "House" as the most affordable one. At an cost of $2,297 it is 33 % more affordable than the average price in Newport. "" is seen as the second most affordable property type. The most expensive property type is "Condo" followed by "". At a price of $2,464 it is 39 % more expensive than the average price.

According to the average cost per sq.feet, the most affordable property is "Condo" at an average price of $0.79 / sq.feet followed by "House" priced at $8.82 / sq.feet. "House" is the most expensive type of property with a $8.82 / sq.feet value followed by "Condo" with an average price of $0.79 / sq.feet.

Charts data
Average price September
Average price per sq.feet September
Number of properties used in Newport
Number of properties used in region Rhode Island
$2,297
$1.78
422
7,038
** Graph's data with null or zero value are due to there isn't enough data available to get a reliable value
2 Bedroom Condo For Rent At 70 Carroll Avenue, Newport, Ri 02840
 19
2 Bedroom Condo For Rent At 70 Carroll Avenue, Newport, Ri 02840
$1,500
Newport, Rhode Island - For Rent - Condo - 2 bedrooms - 2 bathrooms
Great townhouse in newport's fifth ward. This unit comes furnished and has two bedrooms with a full bath upstairs. The main floor has a kitchen, living room and a bathroom...
1 Bedroom Apartment For Rent At 36 Kay St #1, Newport, Ri 02840
 8
1 Bedroom Apartment For Rent At 36 Kay St #1, Newport, Ri 02840
$750
Newport, Rhode Island - For Rent - Apartment - 1 bedroom - 1 bathroom
Larger 1 bed/ 1 bath available to move in asap and kindly contact me with the property address as the subject to this e mail: wwalt556/at/gmail/dot/com and...
2 Bedroom Apartment For Rent At 10 Hammond St, Newport, Ri 02840
 14
2 Bedroom Apartment For Rent At 10 Hammond St, Newport, Ri 02840
$1,300
Newport, Rhode Island - For Rent - Apartment - 813 sq.feet - 2 bedrooms - 1 bathroom
Salve sept 2021- may 2022, your next rental is here. Steps from your favorite local spots, including winner winner, fifth ward liquors and the irish american...
4 Bedroom Apartment For Rent At 10 Hammond St, Newport, Ri 02840
 15
4 Bedroom Apartment For Rent At 10 Hammond St, Newport, Ri 02840
$2,600
Newport, Rhode Island - For Rent - Apartment - 979 sq.feet - 4 bedrooms - 2 bathrooms
Salve sept 2021- may 2022, your next rental is here. Steps from your favorite local spots, including winner winner, fifth ward liquors and the irish american...
15 Webster Street 3 Newport One Br, Are You Looking For A
 1
15 Webster Street 3 Newport One Br, Are You Looking For A
$2,250
Newport, Rhode Island - For Rent - Apartment - 1 bedroom - 1 bathroom
Are you looking for a summer rental in newport here it is! One beds 3rd floor... And within minutes of the beaches, restaurants and all that newport has to offer...