Nearby rentals
Renter hub
Property management
Alpern & Mesenbourg Group
Keller Williams Realty of Newport / East Bay / North Kingstown
Offering original hardwood floors and a spacious living room, this property features a bright sunroom and a galley kitchen, enhancing its charm and appeal. Located close to top-rated schools and numerous parks, it provides easy access to a vibrant social scene, including hundreds of mixed-use spaces, restaurants, and entertainment venues nearby. With 65 available photos and a competitive value per square foot, this property presents an enticing opportunity for potential renters.
Things you’ll love
Middle school nearbyMore spaceElementary school nearbyGreat for
Social lifeFeatures
| Forced Air | Hardwood Floor |
| Natural Gas |
Appliances
| In-Unit Laundry |
Community
| Basement | Exterior Type: Clapboard |
| Exterior Type: Drywall | Exterior Type: Plaster |
Grounds
| Assigned Parking | Outdoor Space |
Other
| Ductless | Exterior Type: Wood Wall(s) |
| Five Rooms |
One-time.
One-time. Refundable.
Assigned Parking
Questions about this property’s policies and fees?
Property Status: Active Historic Kay-Catherine area - 2-bedroom, 3-bed charmer - minutes from everything! A third-floor, 2-bedroom, 3-bed, 1.5-bath nautical condo in an unbeatable Newport location-steps from iconic Bellevue Avenue, the vibrant Broadway district, and minutes from Thames Street! This wayfarer's retreat showcases original hardwood floors, six skylights, a dedicated parking space, and three bikes. The layout includes a spacious living room with canted ceilings, a bright sunroom with views of the Newport Pell Bridge, a galley kitchen, and a dining table for six. Two separate entrances and shared outdoor space with a BBQ complete the home. My sister and I bought this condo five years ago and have loved every minute here! Our neighborhood is magical-filled with the best people and close to everything. With the USA 250th anniversary on July 4th, Newport will be in full celebration mode! Jane Pickens Theatre, music, shopping, Nitro Brew, and top-rated restaurants are all a short walk to Broadway. Thames Street is just 15 minutes away. Grab the Water Taxi at Perotti Park for Fort Adams or the Block Island/Jamestown Ferries for day trips (bikes welcome). Walk 5 minutes to the Viking Hotel for the free hop-on/off shuttle to the mansions, local beaches, the Tennis Center, and more-the driver can drop you back at our condo. We hope you enjoy our home! Office Phone: (401) 324-9841 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.
How 42 Kay St Apt 5 compares to other nearby properties.
Positives
Considerations
| Zip code | 02840 |
|---|---|
| Type | Condo for rent |
2-bedroom apartments at 42 Kay St Apt 5 cost about 206% more than the average rent price for 2-bedroom apartments in Newport.
| Month | Median Rent |
|---|---|
| April 2024 | $3,200 |
| May 2024 | $3,250 |
| June 2024 | $3,225 |
| July 2024 | $2,862 |
| August 2024 | $2,780 |
| September 2024 | $2,625 |
| October 2024 | $2,625 |
| November 2024 | $2,800 |
| December 2024 | $2,925 |
| January 2025 | $2,937 |
| February 2025 | $2,993 |
| March 2025 | $3,065 |
| April 2025 | $3,275 |
| May 2025 | $3,350 |
| June 2025 | $3,218 |
| July 2025 | $2,920 |
| August 2025 | $2,835 |
| September 2025 | $2,665 |
| October 2025 | $2,685 |
| November 2025 | $2,560 |
| December 2025 | $2,675 |
| January 2026 | $2,919 |
| February 2026 | $2,996 |
| March 2026 | $2,975 |
| April 2026 | $3,062 |
Can I afford to live at 42 Kay St Apt 5?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$392,000/yr
35 dexter st
newport, RI, 2840
28 commons
little compton, RI, 2837
