5+ Days Ago
Highlights
- Central air conditioning
- In-unit washer and dryer
- Private back deck
Location
487 Spring St #1, Newport, RI 02840, USA
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Property Overview
Central air conditioning, an in-unit washer and dryer, and a private back deck enhance the living experience. Its prime location offers easy access to nearby amenities and recreational activities, making it appealing for various lifestyles. The combination of convenience and comfort sets this residence apart in the competitive market.
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
Great for
Social life
Amenities for 487 Spring St #1
Apartment Amenities
| Air Conditioning | Forced Air |
| Furnished | Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Exterior Type: Clapboard |
Grounds
| Outdoor Space |
Other
| Four 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
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About 487 Spring St #1
Property Status: Pending FURNISHED WINTER RENTAL, AVAILABLE 10/1/2025-05/31/2026| Charming first-floor apartment located in the heart of Newport’s sought-after Yachting Village. Freshly painted and thoughtfully furnished, this home features efficient natural gas heat, central air conditioning, and the convenience of an in-unit washer and dryer. Step outside to your private back deck, perfect for relaxing while overlooking a shared yard adorned with vibrant blue hydrangeas. Just a short stroll to Newport’s downtown shops, restaurants, and attractions, this location is ideal for enjoying all the city has to offer. Water and sewer are included in the rental rate. Please note: this property is available as a winter rental only and is not offered as a yearly or summer rental. Office Phone: (401) 849-3000 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.
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 487 Spring St #1 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
Address details
| Zip code | 02840 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Newport
2-bedroom apartments at 487 Spring St #1 cost about 24% less than the average rent price for 2-bedroom apartments in Newport.
Median rents as of Oct 18 2025.
Newport
| Month | Median Rent |
|---|---|
| November 2023 | $2,662 |
| December 2023 | $3,100 |
| January 2024 | $3,250 |
| February 2024 | $3,000 |
| March 2024 | $3,180 |
| April 2024 | $3,231 |
| 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 | $2,720 |
Affordability calculator
Can I afford to live at 487 Spring St #1?
Bedrooms
2 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
$79,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $79,000 annually to afford this 2-bedrooms monthly rent price of $1,975.
For more information on rent affordability, visit our rent calculator.
Schools near 487 Spring St #1
Claiborne Pell Elementary School
35 dexter st
newport, RI, 2840
PK, K-4Public
C+
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Internet available near 487 Spring St #1
Getting around Newport near 487 Spring St #1
Walking
6/10
Grab your reusable bags–many shops and stores are within walking distance.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 487 Spring St #1, Newport
Groceries
7/10
At least one supermarket within a 15-minute walk
Shopping
7/10
Several shops within a few minutes’ walk
Cafes
5/10
Some cafés within a few minutes’ walk
Restaurants
6/10
Variety of restaurants within a few minutes' walk
Primary schools
4/10
At least one elementary school within a 30-minute walk
High schools
5/10
At least one high school within a 20-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
4/10
Some bars within a few minutes’ walk
Explore the area around 487 Spring St #1
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
East Island Reserve LLC
543 Thames St
Groove Newport
474 Thames St
Patagonia
450 Thames St
Folk Vintage
446 Thames St
Wild Things
449 Thames St
Beaucoup Cafe LLC
580 Thames St
Dunkin'
7 Memorial Blvd
Tropical Smoothie Cafe
199 JT Connell Highway
Hill Market
1 Bellevue Ave
Starbucks
212 Thames St
Viest Simply Italian
580 Thames St
Zelda's
528 Thames St
Irish American Club
642 Thames St
O'Brien's Pub
501 Thames St
Wally's Wieners
464 Thames St
A Market
181 Bellevue Ave
A Market Newport
181 Bellevue Ave
The Newport Sweet Shoppe
82 William St
Cupcake Charlie's
135 Swinburne Row
Mad Hatter Bakery
64 Broadway
Spencer Park
Morton Park
Aquidneck Park
Freebody Park
King Park
Beaucoup Cafe LLC
580 Thames St
Viest Simply Italian
580 Thames St
Asterik
599 Thames St
Zelda's
528 Thames St
Peaceable Market
520 Thames St
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