2026 Affordability Data
Most Affordable Neighborhoods in Newport - 2026 Data
The median home value in Newport is $520,000, 84% above nat'l avg. Median rent is $1,570/month. With an affordability index of 56, Newport is less affordable than the national baseline of 100. We ranked 7 neighborhoods by affordability to help you find the best value in the Newport, RI area.
Key Takeaways: Affordability in Newport
- 1The most affordable neighborhood in Newport is Warwick, with a median home value of $294,400.
- 2Newport's median home value is $520,000, 84% above nat'l avg (national: $281,900).
- 3Newport's affordability index is 56 (baseline 100), making it less affordable than the national average.
- 4Median rent in Newport is $1,570/month, 35% above nat'l avg (national: $1,163/month).
- 5We analyzed 7 neighborhoods in Newport to find the most affordable areas based on home values, rent, and affordability index.
Newport Affordability Overview
Median Home Value
$520,000
84% above nat'l avg
Median Rent
$1,570/mo
35% above nat'l avg
Median Income
$62,350
16% below nat'l avg
Affordability Index
56
44% below nat'l avg
Most Affordable Neighborhoods in Newport (Ranked)
| Rank | Neighborhood | Median Home Value |
|---|---|---|
| 1 | WarwickRI | $294,400 |
| 2 | WoonsocketRI | $241,000 |
| 3 | Central FallsRI | $244,100 |
| 4 | CranstonRI | $326,000 |
| 5 | PawtucketRI | $266,300 |
| 6 | East ProvidenceRI | $286,400 |
| 7 | ProvidenceRI | $265,000 |
Detailed Neighborhood Profiles
Home Value: $294,400
Rent: $1,129/mo
Affordability: 132
Population: 82,783
Walk Score: 41/100
Home Value: $241,000
Rent: $1,129/mo
Affordability: 132
Population: 43,029
Walk Score: 41/100
Home Value: $244,100
Rent: $1,129/mo
Affordability: 132
Population: 22,359
Walk Score: 41/100
4
Home Value: $326,000
Rent: $1,129/mo
Affordability: 132
Population: 82,691
Walk Score: 41/100
5
Home Value: $266,300
Rent: $1,129/mo
Affordability: 132
Population: 75,176
Walk Score: 41/100
6
Home Value: $286,400
Rent: $1,129/mo
Affordability: 132
Population: 47,012
Walk Score: 41/100
7
Home Value: $265,000
Rent: $1,688/mo
Affordability: 40
Population: 190,934
Walk Score: 99/100
Frequently Asked Questions About Affordability in Newport
What is the most affordable neighborhood in Newport, RI?▾
Based on 2026 data, Warwick is the most affordable neighborhood in Newport with a median home value of $294,400. Kurby analyzed 7 neighborhoods in the Newport area to compile these rankings.
What is the median home price in Newport, RI?▾
The median home price in Newport is $520,000, which is 84% above nat'l avg. The national median home value is $281,900 (Source: Kurby, 2026).
Is Newport affordable compared to the national average?▾
Newport has an affordability index of 56, which means housing is less affordable than the national baseline of 100. An index above 100 indicates that a median-income household can afford a median-priced home in the area.
What is the average rent in Newport, RI?▾
The median monthly rent in Newport is $1,570. This is 35% above nat'l avg. The national median rent is $1,163/month (Source: Kurby, 2026).
What is the median household income in Newport?▾
The median household income in Newport is $62,350 compared to the national median of $74,580. This metric is important for understanding housing affordability in relation to local earning power (Source: Kurby, 2026).
How many neighborhoods in Newport are below the national average home price?▾
4 out of 7 ranked neighborhoods in Newport have a median home value below the national average of $281,900. The most affordable is Woonsocket at $241,000 (Source: Kurby, 2026).