States › Rhode Island › Newport East

Is Newport East, RI expensive to live in?

ExpensiveRent takes 31 cents of every $1 people earn here.
🏠 Rent per month (2026)$2,51844% higher than U.S. average
💵 Families earn per year (2026)$96,017about $8,001/month · 10% higher than U.S. average
🔑 House price$485,40046% higher than U.S. average

Rent is higher than in 86% of U.S. cities. A typical house costs about 5.1 years of household income.

How much money do I need?

To rent here comfortably, you should earn about $100,720 a year. That is $48 an hour at a full-time job.

Is rent cheaper than other Rhode Island cities?

No. Rent here is more expensive than in most of Rhode Island. It is number 15 of 15 cities from cheapest to most expensive.

Newport East
$2,518
$2,132
$1,608

How much do households earn in Newport East?

Under $25k
14.5%
$25k–50k
14.6%
$50k–100k
29.7%
$100k–150k
22.5%
$150k+
13.6%

Share of households by yearly income. 36.0% of households earn $100,000 or more.

Rent by apartment size in Newport East

SizeNewport EastU.S. average
Studio$1,226$1,338
1 bedroom$1,637$1,324
2 bedrooms$2,283$1,509
3 bedrooms$2,415$1,698
4 bedrooms$3,090$2,098

Median monthly rent plus utilities for all renters, by number of bedrooms.

How expensive is Newport East overall?

Everyday prices in Rhode Island overall are 2% above the U.S. average (index 102.3, U.S. = 100).

Housing
106
Goods (food, clothes…)
97
Utilities
147
Other services
103
U.S. average
100

Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Newport East, so the Rhode Island figure is shown.

Taxes and bills in Newport East

🏛️ Property tax$5,526a year · 1.14% of home value · U.S. $3,119
⚡ Electric bill$146a month (typical) · U.S. $156

Life in Newport East

Commute to work20.5 minU.S.: 26.4 min
College degree42.3%U.S.: 35.7%
Own their home51.9%U.S.: 65.2%
Below poverty line11.7%U.S.: 12.5%
Unemployment7.4%U.S.: 5.2%

Is it cheaper to rent or buy in Newport East?

Renting is cheaper right now: about $850 a month less.

Renting
$2,518
Owning
$3,368

Owning assumes a typical $485,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $48,540 for the down payment.

Frequently asked questions

What is the average rent in Newport East, RI?

Renting in Newport East costs a median of about $2,518 a month in 2026, including utilities. The Rhode Island median is $1,704.

How much do I need to make to live in Newport East?

To keep rent under 30% of income, you need about $100,720 a year, or $48 an hour at a full-time job.

Is Newport East cheap or expensive?

Newport East is rated Expensive: rent takes 31.5% of the typical household income of $96,017. It ranks 15th cheapest of 15 Rhode Island cities we track.

How much are property taxes in Newport East?

The median homeowner in Newport East pays $5,526 a year in property taxes, about 1.14% of the median home value.

Is Newport East more expensive than the national average?

Overall prices in Rhode Island are 2% above the U.S. average, according to the U.S. Bureau of Economic Analysis.

How much does a house cost in Newport East?

The median home value in Newport East is $485,400, about 5.1 times the typical yearly household income.

11,069 people live in Newport East. Numbers are typical (middle) values.