Land and home values in Newport, RI
Newport is a city in Newport County, Rhode Island, home to about 24,874 people. Residential land runs about $72.30 per sq ft, the typical home is worth about $870,000, and a 2-bedroom rents for about $2,520 a month, as of October 12, 2026.
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| Land: residential | $72.30 | per sq ft |
| Land: residential | $3.15M | per acre |
| Land: quarter-acre lot | $787,347 | 10,890 sq ft |
| Home: typical (median) | $870,000 | value |
| Home: entry-level | $867,000 | lower quartile |
| Home: upper-end | $1.51M | upper quartile |
| Build new | $179 | per sq ft, no land |
| Rent: 1-bedroom | $1,930 | per month |
| Rent: 2-bedroom | $2,520 | per month |
| Rent: 3-bedroom | $3,400 | per month |
| Rent: 4-bedroom | $3,900 | per month |
| Gross yield, 2-bed | 3.5% | a year |
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Questions people ask
How much is land worth in Newport, RI?
Residential land in Newport, RI is about $72.30 per square foot, or $3.15M an acre, as of October 2026. A quarter-acre lot (10,890 sq ft) is about $787,347. Smaller lots sell for more per square foot and large tracts for less.
What is the typical home value in Newport, RI?
The typical (median) home in Newport, RI is worth about $870,000, with entry-level homes around $867,000 and upper-end homes around $1.51M, as of October 2026.
How much is rent in Newport, RI?
A 2-bedroom rents for about $2,520 a month in Newport, RI, a 1-bedroom about $1,930 and a 3-bedroom about $3,400 (gross rent including utilities, HUD Fair Market Rent basis).
Is this an appraisal?
No. Indicative values for screening, budgeting and negotiation, not an appraisal. For lending, a tax appeal or legal use, hire a state-licensed or certified appraiser.