Cheap Homes for Rent in Block Island, RI from $1,400 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in Block Island.

property at 901 Stonington Rd

901 Stonington Rd

StoningtonCT06378
property at 8 Hill Ave

8 Hill Ave

StoningtonCT06378
property at 27 Gled Hill St

27 Gled Hill St

StoningtonCT06355
property at 252 N Water St

252 N Water St

StoningtonCT06378
property at 50 Perkins Farm Dr

50 Perkins Farm Dr

StoningtonCT06355

Block Island, RI Local Guide

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. Fox Run Apartments in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,285. Here is today’s list of the most affordable Block Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pequot VillageOne Bedroom1BR,1BA$1,200
Fox Run Apartments2 BEDROOMS2BR,1BA$1,285
La Triumphe Apartments1 Bedroom1BR,1BA$1,375

Best Value Apartments for Rent in Block Island, RI and Nearby

As of November 17, 2025 the best value apartment in the Block Island area is the $1.87 price per square foot 2BR 1.5 BA Model at The Village at Bluff Point in the starting from $2,995. The second greatest value Block Island apartment is the Unit 3 Model at Bridge Landing starting at $2,800 with a $1.75 price per square foot . Here is today’s list of the best values for Block Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Village at Bluff Point2BR 1.5 BA2BR,1.5BA$1.87
Bridge LandingUnit 32BR,2.5BA$1.75
Toll Gate Estates2 Bedroom Townhome2BR,1.5BA$1.55
The URI Townhouses3 Bedroom Summer3BR,2.5BA$0.62
Fort Adams at NAVSTA Newport Family Homes3 Bed Townhouse Utilities Included3BR,2.5BA$2.25
Sutton PlaceREMODELED 2BD WD in unit2BR,1BA$1.78
Fox Run Apartments2 BEDROOMS2BR,1BA$1.51
Bayside Village1 Bed, 1 bath1BR,1BA$2.14
La Triumphe Apartments1 br1BR,1BA$2.28
Pequot VillageOne Bedroom1BR,1BA$1.74

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Location, Location, Location!

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Frequently Asked Questions about Block Island

What type of rentals are currently available in Block Island?

There are currently 40 Apartments for Rent in Block Island, RI with pricing that ranges from $1,200 to $4,275. There are also 38 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 $28,307.

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 $4,275, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,750 to $48,000. Four Bedroom Single-Family rentals are also available starting from $2,800 and Four Bedroom Apartments start at $2,245.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.