Updated 4 Hours Ago
Highlights
- Hardwood floors
- Spacious bedrooms
- Updated kitchen
- Laundry in unit
- Gas heat
Location
423 Thames St #2, Newport, RI 02840, USA
Tour 423 Thames St #2
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Property Overview
Hardwood floors, spacious bedrooms, an updated kitchen, in-unit laundry, and gas heat add to the appeal, while 43 photos offer a helpful look at the space. The location also stands out for walkability, nearby cultural and entertainment options, and a strong value-for-money ranking in the area.
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
Less expensive- Images Available
- Laundry available on site
Great for
Social life
Amenities for 423 Thames St #2
Features
| 2 Floors | Baseboard |
| Furnished | Hardwood Floor |
| Natural Gas | Window Units |
Appliances
| In-Unit Laundry |
Community
| Onsite Laundry |
Grounds
| Outdoor Space |
Other
| 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.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
About 423 Thames St #2
Property Status: Pending ~Furnished Salve Winter Rental for 2027-2028!~ Outstanding Downtown Location Situated Over a storefront in the heart of Newport, we find this incredible modern townhouse that was originally built in 1870. This recently updated four-bedroom, two-full-bath unit is a must-see. With laundry in unit, two levels of living space, a small yard, spacious bedrooms, hardwood floors, gas heat, an updated kitchen, and in the middle of downtown Newport, now's your chance to enjoy all that living downtown has to offer! Office Phone: (401) 345-7070 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 423 Thames St #2 compares to other nearby properties.
Positives
- Less expensive
- The 4-bedrooms are cheaper than other similar listings nearby
- Images Available
- There are at least 10 photos of this property
- Laundry available on site
- Washers and dryers are available in-building
- Outdoor space
- Easy access to the outdoors
Considerations
- Distance from grocery stores
- The nearest grocery store is 4.1 miles away
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Zip code | 02840 |
|---|---|
| Type | House for rent |
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Rent trends in Newport
4-bedroom apartments at 423 Thames St #2 cost about 10% less than the average rent price for 4-bedroom apartments in Newport.
Median rents as of Oct 31 2026.
Newport
| Month | Median Rent |
|---|---|
| November 2024 | $5,000 |
| December 2024 | $7,500 |
| January 2025 | $8,125 |
| February 2025 | $8,475 |
| March 2025 | $8,800 |
| April 2025 | $8,125 |
| May 2025 | $9,100 |
| June 2025 | $10,000 |
| July 2025 | $9,500 |
| August 2025 | $5,892 |
| September 2025 | $4,900 |
| October 2025 | $4,800 |
| November 2025 | $5,345 |
| December 2025 | $7,500 |
| January 2026 | $6,857 |
| February 2026 | $5,500 |
| March 2026 | $6,187 |
| April 2026 | $8,125 |
| May 2026 | $6,150 |
| June 2026 | $7,187 |
| July 2026 | $5,312 |
| August 2026 | $4,950 |
| September 2026 | $4,218 |
| October 2026 | $4,180 |
Affordability calculator
Can I afford to live at 423 Thames St #2?
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
$152,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $152,000 annually to afford this 4-bedrooms monthly rent price of $3,800.
For more information on rent affordability, visit our rent calculator.
Schools near 423 Thames St #2
Claiborne Pell Elementary School
35 dexter st
newport, RI, 2840
PK, K-4Public
C+
Wilbur & McMahon Schools
28 commons
little compton, RI, 2837
PK, K-8Public
A-
Getting around Newport near 423 Thames St #2
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
5/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
2/10
There are a few mass transit options within the area.
Points of interest for 423 Thames St #2, Newport
Groceries
8/10
Wide variety of groceries within a few minutes' walk
Shopping
9/10
Exceptional variety of shops within a few minutes’ walk
Cafes
7/10
Wide variety of cafés within a short drive, including some within walking distance
Restaurants
9/10
Wide variety of restaurants within a few minutes’ walk
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
6/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
9/10
Wide variety of bars within a few minutes' walk
Explore the area around 423 Thames St #2
Stop & Shop Supermarket
250 Bellevue Ave
Black Dog General Stores
33 Bannisters Wharf
Leo's Market
162 Broadway
Stop & Shop Supermarket
199 Connell Hwy
Aquidneck Meat Market Inc
800 Aquidneck Ave
Patagonia
450 Thames St
Folk Vintage
446 Thames St
Groove Newport
474 Thames St
Groovy Gator
479 Thames St
Wild Things
449 Thames St
Beaucoup Cafe LLC
580 Thames St
Empire Tea & Coffee
112 William St
Dunkin'
7 Memorial Blvd
Starbucks
212 Thames St
Spice of Life
192 Thames St
Wally's Wieners
464 Thames St
O'Brien's Pub
501 Thames St
Zelda's
528 Thames St
Viest Simply Italian
580 Thames St
Smoke House
31 Scotts Wharf
A Market
181 Bellevue Ave
A Market Newport
181 Bellevue Ave
The Newport Sweet Shoppe
82 William St
Spice of Life
192 Thames St
Spice & Tea Exchange
192 Thames St
Playground
Spencer Park
King Park
Touro Park
Washington Park
Caliente Mexican Grill
462 Thames St
Wally's Wieners
464 Thames St
Jade Cricket
472 Thames St
Nitro Cart LLC
404 Thames St
The Reef
10 Howard Wharf
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Bellevue / Memorial Blvd (at Tennis Hall of Fame)
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