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Location
384 Valley Rd, Middletown, RI 02842, USA
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Amenities for 384 Valley Rd
Features
| 2 Floors | Air Conditioning |
| Baseboard | Central Air |
| Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Basement | Exterior Type: Drywall |
Grounds
| Garage Parking | Outdoor Space |
| Three Parking Spaces |
Other
| Architecture Style: Ranch | Nine Rooms |
| Oil |
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.
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About 384 Valley Rd
Property Status: Active This spacious and versatile raised ranch is centrally located in the heart of Middletown and available from October 01, 2026 to May 31, 2027, offering an ideal living arrangement for those seeking proximity to Naval Station Newport, local schools, and the shopping centers. The home features four bedrooms and three full bathrooms, including a primary suite and a large finished lower level. On the main floor, you will find gleaming hardwood floors and an open-layout living and dining area that leads out to a private wood deck and a generous level backyard. The semi-finished basement adds significant value, providing a flexible space for a fourth bedroom, home office, or recreation room along with its own dedicated bathroom. Practical amenities include central air conditioning, efficient hot water heating, and an attached basement garage with additional off-street parking in the large driveway. Its prime location offers a short commute to the historic waterfront of Newport and easy access to Middletown's community parks and beaches. 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 384 Valley Rd compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.4 mile away
- Middle school nearby
- There is a middle school 1 mile away
- Images Available
- There are at least 10 photos of this address
Address details
| Zip code | 02842 |
|---|---|
| Type | House for rent |
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Rent trends in Middletown
4-bedroom apartments at 384 Valley Rd cost about the same as the average rent price for 4-bedroom apartments in Middletown.
Median rents as of Apr 4 2026.
Middletown
| Month | Median Rent |
|---|---|
| April 2024 | $4,150 |
| May 2024 | $4,200 |
| June 2024 | $4,360 |
| July 2024 | $4,100 |
| August 2024 | $4,530 |
| September 2024 | $3,818 |
| October 2024 | $3,800 |
| November 2024 | $3,865 |
| December 2024 | $4,225 |
| January 2025 | $4,806 |
| February 2025 | $4,625 |
| March 2025 | $4,760 |
| April 2025 | $4,425 |
| May 2025 | $4,500 |
| June 2025 | $4,550 |
| July 2025 | $4,450 |
| August 2025 | $4,028 |
| September 2025 | $3,805 |
| October 2025 | $3,821 |
| November 2025 | $3,950 |
| December 2025 | $3,993 |
| January 2026 | $3,900 |
| February 2026 | $4,142 |
| March 2026 | $4,075 |
| April 2026 | $4,000 |
Affordability calculator
Can I afford to live at 384 Valley Rd?
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
$160,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $160,000 annually to afford this 4-bedrooms monthly rent price of $4,000.
For more information on rent affordability, visit our rent calculator.
Schools near 384 Valley Rd
Gaudet Learning Academy
1113 aquidneck ave
middletown, RI, 2842
4-5Public
B
Aquidneck School
70 reservoir ave
middletown, RI, 2842
PK, K-3Public
B+
Wilbur & McMahon Schools
28 commons
little compton, RI, 2837
PK, K-8Public
A-
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Internet available near 384 Valley Rd
Getting around Middletown near 384 Valley Rd
Walking
4/10
Some shops and stores are within a few minutes.
Driving
9/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
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 384 Valley Rd, Middletown
Groceries
6/10
At least one supermarket within a 15-minute walk
Shopping
6/10
Several shops within walking distance
Cafes
4/10
Some cafés within a few minutes’ walk
Restaurants
5/10
Some restaurants within a few minutes’ walk
Primary schools
2/10
At least one elementary school within a 30-minute walk
High schools
1/10
Closest high school further than a 30-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
3/10
Some bars within walking distance
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Check availability
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