Cheap Apartments for Rent in Newport, RI from $1,000 (69 Rentals)

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Search the lowest-cost Apartments available for rent right now in Newport.

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.

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property at 70 Carroll Ave

$2,200 - $6,000

1 To 2 Bedroom Rentals

Available Jun 1

70 Carroll Ave

NewportRI02840
property at 9 Ann St

$2,250 - $4,200

3 To 5 Bedroom Rentals

Available Sep 7

9 Ann St

NewportRI02840
property at 16 Grafton St

$2,400

Total Monthly Price

Total Monthly Price

Base Rent
$2,400
Total Monthly Price
$2,400

3 Bedroom, 1 Bath Home for Rent

Available Sep 8

16 Grafton St

NewportRI02840

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.

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property at 15 Webster St

$2,400 - $3,300

1 To 3 Bedroom Rentals

Available May 22

15 Webster St

NewportRI02840

Cash 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.

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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.

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Festival Field
Studio to 3 Bedroom Apartments

Festival Field

90 Girard AveNewport, RI 02840
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Coddington Point
2 to 3 Bedroom Apartments

Coddington Point

231 Maple AveNewport, RI 02840
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9 Sherman Street
1 Bedroom Apartments

9 Sherman Street

10 1/2 Sherman StNewport, RI 02840
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38-40 Freebody St
1 to 2 Bedroom Apartments

38-40 Freebody St

38-40 Freebody StNewport, RI 02840
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-50, Page 1 of 2

Newport, RI Local Guide

Cheapest Available Newport Apartments for Rent

 

The cheapest available apartment rental in Newport, RI is a 1 Bed unit found at Bayside Village in the Middletown neighborhood priced from $1,606. Harbor Village in the Middletown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,810. Here is today’s list of the most affordable Newport apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Bayside Village1 Bed, 1 bath1BR,1BA$1,606
Harbor VillageThe Intrepid1BR,1BA$1,810
East Bay VillageThe Aquidneck1BR,1BA$2,020
The AdmiraltyTwo Beds / One Bath2BR,1BA$2,200

Best Value Apartments for Rent in Newport, RI

As of May 07, 2026 the best value apartment in the Newport area is the $2.40 price per square foot 32 Farewell St Model at 32 Farewell St, Unit 4 in the in the Middletown neighborhood starting from $2,400. The second greatest value Newport apartment is the 15 Congdon Ave Model at 15 Congdon Ave, Unit FL 2 starting at $2,525 with a $2.66 price per square foot in the Middletown neighborhood. Here is today’s list of the best values for Newport apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
32 Farewell St, Unit 432 Farewell St2BR,1BA$2.40
15 Congdon Ave, Unit FL 215 Congdon Ave2BR,1BA$2.66
Bayside Village1 Bed, 1 bath1BR,1BA$2.14
East Bay VillageThe Newport1BR,1BA$2.80
Harbor VillageThe Intrepid1BR,1BA$2.70

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.

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Real 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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Newport, RI Rentals by Map

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See the most popular apartments and homes in Newport, RI

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Frequently Asked Questions about Cheap Newport Apartments

How much is rent for a Cheap One Bedroom Newport Apartment?

The lowest price for a Cheap One Bedroom Newport Apartment is $1,606 at Bayside Village.

What is the lowest price for a Cheap Two Bedroom Newport Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Newport is starting from $1,840 at Bayside Village.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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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.

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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.

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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.