Cheap Apartments for Rent in 02840
332 rentals
Use arrow keys to navigatePET FRIENDLY$1,385 - $2,245/mo
1-5 Beds
1-2 BathsNewport Heights | 59 John H Chafee Blvd #95ea3d43a,
Newport, RI 02840
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Average Rent Trends in 02840
Rent in 02840 varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent stayed about the same in May 2026 compared to the previous month. Rent previously peaked in Apr 2025.
| Month | Average rent |
|---|---|
| Jun 2025 | $3,713 |
| Jul 2025 | $3,400 |
| Aug 2025 | $3,200 |
| Sep 2025 | $3,000 |
| Oct 2025 | $3,000 |
| Nov 2025 | $3,100 |
| Dec 2025 | $3,000 |
| Jan 2026 | $3,100 |
| Feb 2026 | $3,250 |
| Mar 2026 | $3,500 |
| Apr 2026 | $3,500 |
| May 2026 | $3,500 |
Average Rent By Bedroom and Home Type
In May 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
| 1 bed | 2 beds | 3 beds | 4 beds | All | |
|---|---|---|---|---|---|
| All home types | $2,600 | $3,000 | $3,600 | $4,500 | $3,600 |
| Townhomes | — | $2,900 | $3,850 | $3,500 | $3,500 |
| Apartments and Condos | $2,550 | $2,950 | $3,300 | $3,800 | $3,000 |
| Houses | $3,500 | $4,000 | $4,000 | $5,000 | $4,500 |
Frequently Asked Questions about Rentals in 02840
- What is the average rent of an apartment in 02840?The average rent of an apartment in 02840 is $2,644 per month. This is about 37% higher than the national average.
- What is the average rent of a house in 02840?The average rent of a house in 02840 is $4,500 per month. This is about 133% higher than the national average.
- What is the average rent of a townhome in 02840?The average rent of a townhome in 02840 is $3,500 per month. This is about 81% higher than the national average.
- When is the average rent cheapest in 02840?In the last year, the average rent in 02840 was lowest in Sep 2025 when it was $3,000 per month.
- When is the average rent most expensive in 02840?In the last year, the average rent in 02840 was highest in Apr 2025 when it was $3,800 per month.
- How does the rent of a 1 bedroom apartment compare to a studio apartment in 02840?The average rent of a 1 bedroom apartment in 02840 is $2,600 per month. That is about $100 more than the cost of a studio apartment.
- How many available rental listings are in 02840?There are 346 available rental listings in 02840.
- What are some cities near 02840?Some nearby cities include: Newport, Middletown, Jamestown, Narragansett, Portsmouth, Little Compton. These cities may have more rental options to explore.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.