Updated 5+ Days Ago
Highlights
- Private backyard
- Open floor plan
- Comfortable living spaces
- Laundry room
- Patio
- Fully equipped eat-in kitchen
Location
340 Old Mill Ln, Portsmouth, RI 02871, USA
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Amenities for 340 Old Mill Ln
Features
| 2 Floors | Forced Air |
| Hardwood Floor | Window Units |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Basement | Exterior Type: Drywall |
| Onsite Laundry |
Grounds
| Outdoor Space | Three Parking Spaces |
Other
| Architecture Style: Ranch | Oil |
| Seven Rooms |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
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REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 340 Old Mill Ln
Property Status: Active Winter Rental starting November 01, 2026 to April 30, 2027 only! Bright and immaculate, this home features an open floor plan with a fully equipped eat in kitchen and comfortable living spaces. The main level offers 3 bedrooms, including the primary suite, and a full bath. The finished lower level includes 2 additional rooms with a generous family room, there's also a cute dog house under the stairs. Also on the lower level, there is a laundry room, and walkout access to the private backyard with a patio-perfect for entertaining. Located near four beaches with easy access to Rt. 138 and Newport. Move-in ready-just bring your clothes! Pets negotiable. Office Phone: (401) 338-3771 Copyright © 2026 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.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 340 Old Mill Ln compares to other nearby properties.
Positives
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Images available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Considerations
- Greater distance from grade schools
- The nearest elementary school is farther than 2 miles away
- Greater distance from high schools
- The nearest high school is farther than 3 miles away
Address details
| Zip code | 02871 |
|---|---|
| Type | House for rent |
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Rent trends in Portsmouth
4-bedroom apartments at 340 Old Mill Ln cost about 33% less than the average rent price for 4-bedroom apartments in Portsmouth.
Median rents as of Jul 18 2026.
Portsmouth
| Month | Median Rent |
|---|---|
| August 2024 | $7,500 |
| October 2024 | $6,250 |
| November 2024 | $5,310 |
| December 2024 | $3,900 |
| February 2025 | $5,500 |
| March 2025 | $4,400 |
| April 2025 | $3,500 |
| May 2025 | $3,500 |
| June 2025 | $3,500 |
| November 2025 | $3,900 |
| December 2025 | $9,266 |
| January 2026 | $3,871 |
| February 2026 | $3,864 |
| March 2026 | $3,825 |
| April 2026 | $3,800 |
| May 2026 | $3,750 |
| June 2026 | $3,725 |
| July 2026 | $3,833 |
Affordability calculator
Can I afford to live at 340 Old Mill Ln?
Bedrooms
4+ bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$112,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $112,000 annually to afford this 4-bedrooms monthly rent price of $2,800.
For more information on rent affordability, visit our rent calculator.
Schools near 340 Old Mill Ln
Wilbur & McMahon Schools
28 commons
little compton, RI, 2837
PK, K-8Public
A-
Melville School
1351 west main rd
portsmouth, RI, 2871
PK, K-4Public
A-
Hathaway Elementary School
53 tallman ave
portsmouth, RI, 2871
K-4Public
A-
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Internet available near 340 Old Mill Ln
Neighborhood
Getting around Portsmouth near 340 Old Mill Ln
Walking
1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
2/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
0/10
FYI, there are little to no public transit options within walking distance.
Points of interest for 340 Old Mill Ln, Portsmouth
Groceries
0/10
Closest supermarket further than a 30-minute walk
Shopping
1/10
Few or no shops within walking distance
Cafes
0/10
Few or no cafés within walking distance
Restaurants
1/10
Few or no restaurants within walking distance
Primary schools
0/10
Closest elementary school further than a 30-minute walk
High schools
0/10
Closest high school further than a 30-minute walk
Nightlife
0/10
Few or no bars within walking distance
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