
Cheap Homes for Rent in Newport, RI from $1,000 (29 Rentals)
Search the lowest-cost Homes available for rent right now in Newport.


11 Crescent Rd

603 Thames St, Unit 1

109 Allston Ave

221 Purgatory Rd

221 Purgatory Rd

534 Aquidneck Ave
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.

21 Hall Ave

21 Hall Ave

70 Carroll Ave, Unit 509, Unit 509

66 Girard Ave

142 Renfrew Ave

142 Renfrew Ave

9 Bacheller St
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.

152 Tuckerman Ave

140 Renfrew Ave

16 Race St

140 Renfrew Ave

94 Eustis Ave

20 Berkeley Ave

94 Eustis Ave
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.

16 Grafton St

5 Stewart St

267 Green End Ave

28 East St

109 Church St

12 Catherine St

39 Pope St
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.

1 Commercial Wharf, Unit 68, Unit 68
Newport, RI Local Guide

How much does it cost to rent a home in Newport?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Newport 2 Bedroom Homes for Rent | $4,654 | $2,100 | $10,000+ |
| Newport 3 Bedroom Homes for Rent | $6,582 | $2,400 | $10,000+ |
| Newport 4 Bedroom Homes for Rent | $9,142 | $3,100 | $10,000+ |
| Newport 5 Bedroom Homes for Rent | $17,344 | $4,000 | $10,000+ |
| Newport 6 Bedroom Homes for Rent | $14,285 | $7,000 | $10,000+ |
| Newport 7 Bedroom Homes for Rent | $25,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Newport
Explore Newport
Newport, RI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $1,606 |
| Harbor Village | The Intrepid | 1BR,1BA | $1,810 |
| East Bay Village | The Aquidneck | 1BR,1BA | $2,055 |
| The Admiralty | Two Beds / One Bath | 2BR,1BA | $2,200 |
| Newport Landings Apartment Community | Four Bedroom Apartment | 4BR,2BA | $3,195 |
Best Value Apartments for Rent in Newport, RI
As of May 25, 2026 the best value apartment in the Newport area is the $2.03 price per square foot Four Bedroom Apartment Model at Newport Landings Apartment Community in the in the Middletown neighborhood starting from $3,195. The second greatest value Newport apartment is the 267 Spring St Model at 267 Spring St, Unit 2 starting at $3,200 with a $2.46 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Newport Landings Apartment Community | Four Bedroom Apartment | 4BR,2BA | $2.03 |
| 267 Spring St, Unit 2 | 267 Spring St | 4BR,1BA | $2.46 |
| The Admiralty | Two Beds / One Bath | 2BR,1BA | $2.51 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $2.14 |
| East Bay Village | The Newport | 1BR,1BA | $2.80 |
| Harbor Village | The Intrepid | 1BR,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.
Read ArticleReal 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.
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.
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Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Newport, RI Rentals by Map
See the most popular apartments and homes in Newport, RI
Frequently Asked Questions about Newport
What type of rentals are currently available in Newport?
There are currently 205 Apartments for Rent in Newport, RI with pricing that ranges from $1,385 to $30,000. There are also 256 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 $24,505.
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 $25,000. Four Bedroom Single-Family rentals are also available starting from $3,100 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

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.

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.