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Newport, RI

Full City Profile · Rhode Island · Newport County County

3.0 /5.0
B Good
25,029 Population 3,267/sq mi density
$83,562 Median Income $58,113 per capita
$669,500 Home Value $903,896 Zillow
$1,612 Median Rent 33.4% income on rent
52°F Avg Temperature 275 sunny days/yr
277 Violent Crime/100K 2,184 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.9 / 5.0
$83,562 median income, 5.6% unemployment
C
Affordability
2.1 / 5.0
$669,500 home value, $1,612/mo rent
F
Safety
1.0 / 5.0
277 violent crimes/100K
A+
Education
5.0 / 5.0
55.5% bachelor's degree or higher

Housing Overview

Median Home Value
$669,500
137% above
US avg: $281,900
Median Rent
$1,612/mo
39% above
US avg: $1,163/mo
Homeownership Rate
49.6%
24% below US avg (65.4%)
Total Housing Units
13,605
Median year built: 1938

Home Value by Source

Census Median
$669,500
Zillow (ZHVI)
$903,896
Median Sale Price
$1,075,000
Median List Price
$750,000
Census ACS, Zillow ZHVI, Redfin median sale price

Ownership vs. Renting

49.6%
Owner-Occupied
50.4%
Renter-Occupied
50%
50%
US avg: 65.4% owner-occupied

Fair Market Rents (HUD FY2026)

Studio
$1,318/mo
1 Bedroom
$1,402/mo
2 Bedroom
$1,729/mo
3 Bedroom
$2,087/mo
4 Bedroom
$2,480/mo
Census median rent: $1,612/mo · Zillow rent: $3,164/mo

Market Indicators (Redfin)

Median Days on Market
40 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
7
Price Drops
11.9%
of listings with price reduction
Price Per Sq Ft
$464
Active Inventory
59
homes for sale

Affordability & Housing Stock

Rent Burden
33.4%
of renters spending 30%+ of income on housing
8% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
49.6%

Complete Housing Data

Home Values

Census Median Value$669,500
Zillow Home Value (ZHVI)$903,896
Median Sale Price$1,075,000
Median List Price$750,000
Price Per Sq Ft$464

Rent

Census Median Rent$1,612
Zillow Rent (ZORI)$3,164
FMR Studio$1,318
FMR 1-Bedroom$1,402
FMR 2-Bedroom$1,729
FMR 3-Bedroom$2,087
FMR 4-Bedroom$2,480

Market

Days on Market40
Sale-to-List Ratio1.0%
Price Drops11.9%
Homes Sold7
Active Inventory59
Price Per Sq Ft$464

Ownership & Stock

Owner-Occupied49.6%
Renter-Occupied50.4%
Homeownership Rate49.6%
Total Housing Units13,605
Median Year Built1938
Rent Burden33.4%