Home prices
The median home in Newport costs $448,800. This is roughly $77,820 (20%) higher compared to the surrounding areas.In comparison to the country as a whole it is roughly $231,300 (106%) higher, and it is roughly $83,900 (15%) lower in comparison to the city of Boston.
Rents
The median monthly rent in Newport is $1,236. It is approximately $60 (5%) higher in comparison to other places in this area.It is roughly $174 (16%) higher compared to the country as a whole, and is approximately $384 (23%) lower in comparison to the city of Boston.
Nearby places
Newport East
Newport East is Newport's neighbor to the northeast. Real estate prices there are a little less expensive. Newport East's median home value is $361,100, which works out to $87,700 (24%) lower than Newport. Rents there are pretty similar. In Newport East the median rent is $1,301 a month, which works out to $65 (4%) higher than Newport.
Narragansett Pier
Narragansett Pier is approximately 7 miles southwest of Newport. Its real estate prices are a little more expensive. The median home in Narragansett Pier is valued at $542,200, which works out to $93,400 (17%) higher than Newport. Its rents are somewhat more expensive. In Narragansett Pier the median rent is $1,328 a month, which comes out to $92 (6%) higher than Newport.
Wakefield-Peacedale
Wakefield-Peacedale is about 8 miles west of Newport. Housing prices there are substantially less expensive. The median home cost in Wakefield-Peacedale is $336,900, which comes out to $111,900 (33%) lower than Newport. Rent there is a bit less expensive. In Wakefield-Peacedale the median rent is $1,131 per month, which comes out to $105 (9%) lower than Newport.
Kingston
Kingston is roughly 9 miles west of Newport. Housing prices there are a bit less expensive. The median home cost in Kingston is $355,900, which is $92,900 (26%) lower than Newport. The rent there is pretty similar. Kingston's median rent is $1,179 a month, which comes out to $57 (4%) lower than Newport.
Tiverton
Tiverton is roughly 12 miles northeast from Newport. Its housing prices are significantly less expensive. The median home in Tiverton is valued at $258,800, which comes out to $190,000 (73%) lower than Newport. Its rents are a little less expensive. The median rent in Tiverton is $939 a month, which works out to $297 (31%) lower than Newport.
