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 Size

Housing Units by Size
Studio Type2.70%
One Bedroom20.60%
Two Bedrooms32.20%
Three Bedrooms27.40%
Four Bedrooms10.80%
Five Bedrooms or more6.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.27
Median year structure was built1939
Median Value of occupied units$161,700
Median Price asked for vacant units$253,600

Rented Homes, Apartments and Condos

Average Household Size1.99
Median year structure was built1944
Median Monthly Rent asked for vacant units$627

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage7%
Home Equity Loan10.90%
Simple Mortgage50.80%
Debt Free30.60%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs20.7%