Cheap Homes for Rent in Newport, RI from $1,000 (19 Rentals)

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

property at 79 Thames St

$1,500 - $8,000

Studio To 3 Bedroom Condos for Rent

Available May 1

79 Thames St

NewportRI02840
property at 12 Hammond St

$1,650 - $2,775

1 To 3 Bedroom Rentals

Available Jun 1

12 Hammond 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.

property at 283 Spring St

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 1 Bath Home for Rent

Available Now

283 Spring St

NewportRI02840
property at 35 Warren Ave

$1,900

Total Monthly Price

Total Monthly Price

Base Rent
$1,900

Total Monthly Price
$1,900

1 Bedroom, 1 Bath Home for Rent

Available Mar 1

35 Warren Ave

MiddletownRI02842
property at 603 Thames St

$2,000

1 Bedroom, 2 Bath Rentals

Available Sep 1

603 Thames St

NewportRI02840

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 70 Carroll Ave

$2,200

Total Monthly Price

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 Bedroom, 1 Bath Home for Rent

Available Now

70 Carroll Ave

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.

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$2,055
Newport Landings Apartment CommunityTwo Bedroom Apartment2BR,1BA$2,300
Fort Adams at NAVSTA Newport Family Homes3 Bed Townhouse Utilities Included3BR,2BA$2,999

Best Value Apartments for Rent in Newport, RI

As of February 21, 2026 the best value apartment in the Newport area is the $2.45 price per square foot 20 Summer St Model at 20 Summer St, Unit 1 in the in the Newport neighborhood starting from $4,250. The second greatest value Newport apartment is the 77 Coggeshall Ave Model at 77 Coggeshall Ave starting at $3,700 with a $2.31 price per square foot in the Newport 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.
20 Summer St, Unit 120 Summer St4BR,2BA$2.45
77 Coggeshall Ave77 Coggeshall Ave3BR,1.5BA$2.31
Fort Adams at NAVSTA Newport Family Homes3 Bed Townhouse Utilities Included3BR,2.5BA$2.25
229 Spring St, Unit 2229 Spring St2BR,1BA$2.17
Newport Landings Apartment CommunityTwo Bedroom Apartment2BR,1BA$2.90
Bayside Village1 Bed, 1 bath1BR,1BA$2.14
East Bay VillageThe Aquidneck1BR,1BA$2.78
Harbor VillageThe Intrepid1BR,1BA$2.70
28 Merton Rd, Unit Rear28 Merton Rd1BR,1BA$3.33
18 Homer St18 Homer StStudio ,1BA$2.50

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 Article
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The 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.

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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.

Read Article
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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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Frequently Asked Questions about Newport

What type of rentals are currently available in Newport?

There are currently 212 Apartments for Rent in Newport, RI with pricing that ranges from $1,000 to $24,000. There are also 263 Single Family Homes for rent, Condos, and Townhome rentals currently available in Newport ranging from $1,000 to $100,000.

What is the current price range for Rental Homes in Newport?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Newport ranges from $1,000 to $100,000 with an average monthly rent of $23,258.

How much are larger Three and Four Bedroom Rentals in Newport?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Newport range from $1,890 to $12,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,400 to $44,000. Four Bedroom Single-Family rentals are also available starting from $3,000 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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

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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.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.