
Cheap Homes for Rent in Block Island, RI from $1,400 (16 Rentals)
Search the lowest-cost Homes available for rent right now in Block Island.


61 Ridgewood Rd

630 Green Hill Beach Rd

28 Old Post Rd

20 St James 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.

126 Alder Rd

55 Pine Hill Rd

115 Holden Rd

116 Holden Rd

283 BALSAM Rd
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.

95 Wood Ln

6 Guenther Ct

28 Glenwood Ave

144 S Pier Rd

7 Springcove Rd
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

11 Tellier Rd
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 | $6,525 | $1,400 | $10,000+ |
| Block Island 3 Bedroom Homes for Rent | $3,397 | $1,800 | $9,750 |
| Block Island 4 Bedroom Homes for Rent | $31,150 | $2,900 | $10,000+ |
| Block Island 5 Bedroom Homes for Rent | $43,368 | $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
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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. ReNew Washington Park has the second lowest priced unit, which is a Studio apartment currently listed from $1,509. 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 |
| ReNew Washington Park | Fairfax | Studio,1BA | $1,509 |
| Poquonnock Village Senior and Family Housing | 1 Bed, 1 bath | 1BR,1BA | $1,565 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $1,606 |
| Avery Heights Senior Living | 1 Bed, 1 bath | 1BR,1BA | $1,608 |
Best Value Apartments for Rent in Block Island, RI and Nearby
As of April 26, 2026 the best value apartment in the Block Island area is the $1.58 price per square foot 2 Bedroom Townhome Model at Toll Gate Estates in the starting from $2,245. The second greatest value Block Island apartment is the 3 Bedroom Summer Model at The URI Townhouses starting at $860 with a $0.62 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. |
|---|---|---|---|
| Toll Gate Estates | 2 Bedroom Townhome | 2BR,1.5BA | $1.58 |
| The URI Townhouses | 3 Bedroom Summer | 3BR,2.5BA | $0.62 |
| Fort Adams at NAVSTA Newport Family Homes | 3 Bed Townhouse Utilities Included | 3BR,2.5BA | $2.25 |
| Country Glen Apartments | 3 Bedroom | 3BR,2BA | $1.83 |
| The Ledges Apartment Homes | Two Bedroom, Two Bathroom Simply Modern | 2BR,2BA | $2.23 |
| Reynolds Farm | Two Bedroom | 2BR,2BA | $2.07 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $2.14 |
| Long Meadow Landings | Two Bedroom Residences Classic Flat Style | 2BR,1BA | $2.21 |
| Avery Heights Senior Living | 1 Bed, 1 bath | 1BR,1BA | $2.30 |
| Pequot Village | One Bedroom | 1BR,1BA | $1.74 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 41 Apartments for Rent in Block Island, RI with pricing that ranges from $1,200 to $4,275. 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 $14,334.
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 $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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.