Newport, RI Real Estate
According to census data in the year 2000 there were 13,226 housing units in Newport.
This represents a 1% growth from 13,094 in 1990.
Of those housing units, 12,967 were located in either urbanized areas or urban clusters, and 259 were located in what is classified as a rural area.
Homeownership rate in Newport is about 41.9%.
Newport's vacancy rate, including seasonal lodging, is about 12.6%.
Average household size is 2.11 people.
The majority of houses, apartments or condos in Newport were built after 1939.
|Housing Units by Size|
|Five Bedrooms or more||6.40%|
Owned Homes, Apartments and Condos
|Average Household Size||2.27|
|Median year structure was built||1939|
|Median Value of occupied units||$161,700|
|Median Price asked for vacant units||$253,600|
Rented Homes, Apartments and Condos
|Average Household Size||1.99|
|Median year structure was built||1944|
|Median Monthly Rent asked for vacant units||$627|
Owners Finance Status
|Second Mortgage & Equity Loan||0.80%|
|Home Equity Loan||10.90%|
|Median part of Monthly Household Income dedicated to covering home ownership costs||20.7%|