Nearby rentals
Property management
Features
| Air Conditioning | Dryer |
| Forced Air | Freezer |
| Hardwood Floor | Water |
Appliances
| Dishwasher | In-Unit Laundry |
| Microwave | Range/Oven |
| Refrigerator |
Community
| Sewage | Wall |
Grounds
| Assigned Parking | Lawn |
| Outdoor Space | Storage |
Services
| Recycling |
Neighborhood
| Near Parks |
Other
| Designated Space |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?
| Lease terms | 12+ months |
|---|
Property Id: 2715295 Beautifully renovated 2-bedroom, 1-bath duplex located at 1 Shangri La Lane in a quiet Middletown neighborhood. This bright, well-maintained unit features refinished hardwood floors throughout, a renovated tile bathroom, and an updated kitchen with brand-new appliances. Washer and dryer in basement, with ample storage room.12 month lease, Yearly rental The home is equipped with energy-efficient mini-split systems providing heating and air conditioning in the living room and both bedrooms, plus a furnace for supplemental heat during the winter. Additional features include: - 2 bedrooms, 1 full bathroom - Newly renovated throughout - Brand-new kitchen appliances - Renovated tile bathroom - Refinished hardwood floors - Mini-splits for efficient heating and air conditioning - Two dedicated off-street parking spaces - Shaded, shared backyard - Quiet and freindly residential neighborhood Conveniently located just minutes from Naval Station Newport, the U.S. Naval War College, NUWC, U.S. Coast Guard Station Newport, downtown Newport, shopping, restaurants, and local beaches. Application Requirements: All applicants are required to complete a credit and background screening as part of the application process. Proof of income and references may be required. Available for occupancy. Contact for additional details or to schedule a showing.
How 1 Shangri La Ln compares to other nearby properties.
Positives
| Zip code | 02842 |
|---|---|
| Type | Condo for rent |
2-bedroom apartments at 1 Shangri La Ln cost about 8% more than the average rent price for 2-bedroom apartments in Middletown.
| Month | Median Rent |
|---|---|
| July 2024 | $2,462 |
| August 2024 | $2,515 |
| September 2024 | $2,525 |
| October 2024 | $2,493 |
| November 2024 | $2,665 |
| December 2024 | $2,775 |
| January 2025 | $2,612 |
| February 2025 | $2,456 |
| March 2025 | $2,600 |
| April 2025 | $2,612 |
| May 2025 | $2,680 |
| June 2025 | $2,775 |
| July 2025 | $2,800 |
| August 2025 | $2,664 |
| September 2025 | $2,550 |
| October 2025 | $2,371 |
| November 2025 | $2,395 |
| December 2025 | $2,512 |
| January 2026 | $2,521 |
| February 2026 | $2,471 |
| March 2026 | $3,000 |
| April 2026 | $2,950 |
| May 2026 | $2,562 |
| June 2026 | $2,468 |
| July 2026 | $2,475 |
Can I afford to live at 1 Shangri La Ln #1SHANGRILALANEMIDDLETOWNRI02842?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$107,000/yr
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