Real Estate in Newport, RI

Ready to move to Newport , RI? Click below to learn more about recent housing trends, average home values and other real estate insights for the --Info Not Found-- area.

Real Estate Overview

So you want to move to Newport , RI, but aren’t sure if you can afford the housing costs? Here’s what you need to know: The median home price in Newport is $379,800, which is than the national average; while the median rent for a one bedroom apartment is $1,032, which is than the national average. The median salary in Newport , RI is $57,218 and depending on how yours compares, it should help you determine which housing option is best for you.

Property Values

  $1,000,000 or More 10%
  $50k to $99k 0.5%
  $100k to $149k 3%
  $200k to $299k 16.2%
  $300k to $499k 42%
  $500k to $999k 21.2%
  Less than $50k 2.7%

$379800
Median Home Price
in Newport , RI

Monthly Rent

Property Tax (with Mortgage)

$1.5k to $2k 17.5%
$1k to $1.5k 14.9%
$2.5k to $3k 12.6%
$2k to $2.5k 25%
Property Tax $3k or more 18%
$500 to $999 10.5%

$2113
Median Property Tax
in Newport , RI

Property Tax (without Mortgage)

$1k or More 31%
$250 to $399 1.7%
$400 to $599 14.1%
$600 to $799 33.5%
$800 to $999 18.8%
Less than $250 0.9%
Property Tax Less $0.5k 1.4%

$379800
Median Propery Value
in Newport , RI

$1032
Median Rent
in Newport , RI

Newport, RI Rankings