Cheap Homes for Rent in Newport, RI from $1,200 (32 Rentals)

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

property at 45 Ayrault St

45 Ayrault St

NewportRI02840
property at 8 Franklin St

8 Franklin St

NewportRI02840
property at 70 Carroll Ave

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.

property at 398 Wolcott Ave

398 Wolcott Ave

MiddletownRI02842
property at 43 Franklin St

43 Franklin St

NewportRI02840

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.

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

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 Bristol2BR,1BA$2,215
Newport Landings Apartment CommunityTwo Bedroom Apartment2BR,1BA$2,400
Fort Adams at NAVSTA Newport Family Homes3 Bed Townhouse Utilities Included3BR,2BA$2,999

Best Value Apartments for Rent in Newport, RI

As of May 29, 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 Third Floor starting at $6,000 with a $5.71 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 Third Floor423 Purgatory Rd2BR,1BA$5.71
East Bay VillageThe Bristol2BR,1BA$2.38
9 Hammond St, Unit 19 Hammond St2BR,1BA$3.00
Newport Landings Apartment CommunityTwo Bedroom Apartment2BR,1BA$3.02
Bayside Village1 Bed, 1 bath1BR,1BA$2.14

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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Frequently Asked Questions about Newport

What type of rentals are currently available in Newport?

There are currently 153 Apartments for Rent in Newport, RI with pricing that ranges from $1,385 to $25,000. There are also 207 Single Family Homes for rent, Condos, and Townhome rentals currently available in Newport ranging from $1,250 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 $1,250 to $100,000 with an average monthly rent of $16,263.

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 $10,000, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,600 to $44,000. Four Bedroom Single-Family rentals are also available starting from $3,400 and Four Bedroom Apartments start at $2,245.

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 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.

decorative image for Navigating the Rental Market: Tips for First-Time Renters article

Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.