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market report · 02840
Newport, RI · 02840
35 active listings$1,475,000 median ask$5,223 est. rent0.4% price/rent
$1,475,000
Median list price
$5,223/mo
Estimated rent
0.4%
Price / rent ratio
35
Listings
FHFA home price index · 2016–2025
138.7% cumulative change over the window. Source: FHFA ZIP-level HPI.
$2.60
Median rent / sqft
33 comps
$737.19
Median sold / sqft
34 comps
—
Walkability
2.9%
Area unemployment
BLS LAUS
Median household income $86,250 · median home value $746,900 · ACS 2024.
Natural-hazard risk Very Low (FEMA NRI score 18).
6 schools within ~4 km of the ZIP centroid.
top deals · highest rent-to-price
401 Bellevue Ave, Newport, RI 02840
Newport, RI
$575,000$5,713/mo1%
10 Brown and Howard Wharf, Newport, RI 02840
Newport, RI
$995,000$9,332/mo0.9%
54 Homer St, Newport, RI 02840
Newport, RI
$625,000$3,930/mo0.6%
51 Warner St, Newport, RI 02840
Newport, RI
$695,000$4,104/mo0.6%
32 Houston Ave, Newport, RI 02840
Newport, RI
$1,350,000$7,854/mo0.6%
24 Pond Ave, Newport, RI 02840
Newport, RI
$895,000$5,167/mo0.6%