Cheap Apartments for Rent in Newport, RI from $1,000 (16 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

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.

property at 43 Franklin St

43 Franklin St

NewportRI02840

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.

property at 45 Ayrault St

45 Ayrault St

NewportRI02840
close
View Me
Festival Field
Studio to 3 Bedroom Apartments

Festival Field

90 Girard AveNewport, RI 02840
close
View Me
9 Sherman Street
1 Bedroom Apartments

9 Sherman Street

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

38-40 Freebody St

38-40 Freebody StNewport, RI 02840
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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. East Bay Village in the Middletown neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $2,215. 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
East Bay VillageThe Jamestown2BR,1BA$2,215
Fort Adams at NAVSTA Newport Family Homes3 Bed Townhouse Utilities Included3BR,2BA$2,999

Best Value Apartments for Rent in Newport, RI

As of June 28, 2025 the best value apartment in the Newport area is the $2.25 price per square foot 3 Bed Townhouse Utilities Included Model at Fort Adams at NAVSTA Newport Family Homes in the starting from $2,999. The second greatest value Newport apartment is the 423 Purgatory Rd Model at 423 Purgatory Rd, Unit 3 starting at $6,000 with a $5.45 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.
Fort Adams at NAVSTA Newport Family Homes3 Bed Townhouse Utilities Included3BR,2.5BA$2.25
423 Purgatory Rd, Unit 3423 Purgatory Rd2BR,1BA$5.45
423 Purgatory Rd, Unit Third Floor423 Purgatory Rd2BR,1BA$5.24
44 E Bowery St, Unit 144 E Bowery St3BR,1BA$3.20
East Bay VillageThe Bristol2BR,1BA$2.38
Bayside Village1 Bed, 1 bath1BR,1BA$2.14
9 Hammond St, Unit 19 Hammond St2BR,1BA$3.29

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.

decorative image of people with a giant lease agreement

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

Explore Newport, RI Rentals by Map

View MapNewport, RI Apartments MapView MapNewport, RI Rental Homes Map

Getting Around Newport, RI

Walk Score®

87 / 100

Very Walkable

Most errands can be accomplished on foot

Bike Score®

60 / 100

Bikeable

Some bike infrastructure

Transit Score®

36 / 100

Some Transit

A few nearby public transportation options

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.

What is the most affordable Newport Three Bedroom Apartment?

The best deal on a cheap Newport Three Bedroom Apartment rental is at Bayside Village and starts from $2,249.

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 Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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

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

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.