
Cheap Homes for Rent in Block Island, RI from $1,400 (6 Rentals)
Search the lowest-cost Homes available for rent right now in Block Island.


19 Castlerock Dr

271 Great Island Rd
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

630 Green Hill Beach Rd

15 Deangelis Dr

67 Twin Peninsula Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Block Island, RI Local Guide

How much does it cost to rent a home in Block Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Block Island 2 Bedroom Homes for Rent | $2,862 | $1,400 | $8,500 |
| Block Island 3 Bedroom Homes for Rent | $3,478 | $1,800 | $9,750 |
| Block Island 4 Bedroom Homes for Rent | $31,150 | $2,900 | $10,000+ |
| Block Island 5 Bedroom Homes for Rent | $41,695 | $3,475 | $10,000+ |
| Block Island 6 Bedroom Homes for Rent | $9,500 | $4,500 | $10,000+ |
Browse Top Homes for Rent in Block Island
Explore Block Island
Block Island, RI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Block Island Apartments for Rent and Nearby
 The cheapest available apartment rental in Block Island, RI is a 1 Bed unit found at Pequot Village priced from $1,200. Bayside Village in the Middletown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,606. Here is today’s list of the most affordable Block Island apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pequot Village | One Bedroom | 1BR,1BA | $1,200 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $1,606 |
| ReNew Washington Park | Fairfax | Studio,1BA | $1,639 |
Best Value Apartments for Rent in Block Island, RI and Nearby
As of June 18, 2026 the best value apartment in the Block Island area is the $2.03 price per square foot Four Bedroom Apartment Model at Newport Landings Apartment Community in the in the Middletown neighborhood starting from $3,195. The second greatest value Block Island apartment is the 2 Bedroom Townhome Model at Toll Gate Estates starting at $2,245 with a $1.58 price per square foot . Here is today’s list of the best values for Block Island apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Newport Landings Apartment Community | Four Bedroom Apartment | 4BR,2BA | $2.03 |
| Toll Gate Estates | 2 Bedroom Townhome | 2BR,1.5BA | $1.58 |
| The URI Townhouses | 3 Bedroom Summer | 3BR,2.5BA | $0.62 |
| Reynolds Farm | Two Bedroom | 2BR,2BA | $2.14 |
| Creek Side Landings | 2 Bedrooms, 1 Bathroom - Ranch Style A | 2BR,1BA | $2.26 |
| Long Meadow Landings | Future Resident Waitlist | 2BR,1BA | $1.61 |
| Sutton Place | REMODELED 2BD WD in unit | 2BR,1BA | $2.00 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $2.14 |
| La Triumphe Apartments | 1 br | 1BR,1BA | $2.61 |
| Pequot Village | One Bedroom | 1BR,1BA | $1.74 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Block Island, RI Rentals by Map
See the most popular apartments and homes in Block Island, RI
Frequently Asked Questions about Block Island
What type of rentals are currently available in Block Island?
There are currently 43 Apartments for Rent in Block Island, RI with pricing that ranges from $1,200 to $4,327. There are also 43 Single Family Homes for rent, Condos, and Townhome rentals currently available in Block Island ranging from $1,400 to $87,500.
What is the current price range for Rental Homes in Block Island?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Block Island ranges from $1,400 to $87,500 with an average monthly rent of $17,737.
How much are larger Three and Four Bedroom Rentals in Block Island?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Block Island range from $1,890 to $4,327, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,800 to $9,750. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $2,245.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Articles, How-To's, and Tips

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.