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This summary uses Zumper’s proprietary data. “Things you’ll love” and “Great for” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Great for
Apartment Amenities
| Forced Air | Natural Gas |
Other
| Heat Pump Heating |
Property Status: Active Welcome to 34–36 Farewell St #2 — a well-kept second-floor apartment offering comfort, convenience, and an unbeatable location close to downtown Newport. This bright and inviting unit features a spacious layout with great natural light, a well-appointed kitchen, and a comfortable living area perfect for year-round living. Available as a yearly rental for $2,000/month, the owner is also open to a shorter term option from now through May/June 2026 for $1,800/month. Tenants are responsible for gas heat and electric, while the owner covers water and WiFi, keeping monthly expenses simple and manageable. Enjoy easy access to local shops, restaurants, and the harbor, plus quick proximity to Newport Bridge, the Navy Base, and all major conveniences. A great opportunity for someone seeking an affordable and centrally located Newport rental. Office Phone: (401) 849-1800 Copyright © 2025 State Wide MLS of Rhode Island, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
How 34 Farewell Street #2 compares to other nearby properties.
Positives
Considerations
| Zip code | 02840 |
|---|---|
| Type | Apartment for rent |
1-bedroom apartments at 34 Farewell Street #2 cost about 9% less than the average rent price for 1-bedroom apartments in Newport.
| Month | Median Rent |
|---|---|
| December 2023 | $2,000 |
| January 2024 | $2,000 |
| February 2024 | $2,300 |
| March 2024 | $2,280 |
| April 2024 | $2,193 |
| May 2024 | $2,266 |
| June 2024 | $2,265 |
| July 2024 | $2,175 |
| August 2024 | $2,050 |
| September 2024 | $2,100 |
| October 2024 | $2,000 |
| November 2024 | $2,035 |
| December 2024 | $2,062 |
| January 2025 | $2,106 |
| February 2025 | $2,400 |
| March 2025 | $2,449 |
| April 2025 | $2,690 |
| May 2025 | $2,865 |
| June 2025 | $2,613 |
| July 2025 | $2,480 |
| August 2025 | $2,300 |
| September 2025 | $2,200 |
| October 2025 | $2,200 |
| November 2025 | $2,200 |
Can I afford to live at 34 Farewell Street #2?
Bedrooms
1 bedroomRent-to-income ratio
30%
$80,000/yr
35 dexter st
newport, RI, 2840