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49 Merton Rd #2 offers strong value per square foot and sits in an area with diverse age groups, supporting an active neighborhood feel. Nearby walkable areas, 181 restaurants within 1 mile, and 53 theaters, music venues, or sports arenas add convenience and plenty of local options.
Things you’ll love
Great for
Features
| Baseboard | Hardwood Floor |
| High Ceilings | Natural Gas |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Basement | Exterior Type: Clapboard |
| Exterior Type: Drywall | Exterior Type: Plaster |
| Exterior Type: Shingles | Onsite Laundry |
Grounds
| 2 Parking Spaces | Garage Parking |
| Outdoor Space |
Other
| Architecture Style: Victorian | Exterior Type: Wood |
| Five Rooms | Zoned |
One-time.
One-time. Refundable.
Property Status: Active Desirable Cliff Walk/ Annandale area. Spacious 2 + bedroom Condominium with 1.5 baths located on the Second Floor. Completely renovated featuring brand new kitchen with granite counters and new stainless appliances. New tile floors in kitchen, full and half baths. Freshly sanded wood floors and new paint throughout. The unit has a large open kitchen to the oversize living room/dining area with new sliders to private wrap around deck. 2 large bedrooms and an extra room which could be an office/den or guest room. High ceilings and oversize windows. New Laundry in the unit. Ample landscaped yard with mature tress and plantings for privacy. New high efficiency Gas Boiler for heat and hot water. 2 car parking. Central location yet quiet and peaceful. Easy walk to Easton/s Beach, Cliff Walk and downtown. Close to the Navy Base and all Newport has to offer. Unfurnished Annual Rental on Second Floor. ANNUAL UNFURNISHED RENTAL AVAILABLE STARTING JULY 15, 2026 Office Phone: (401) 862-7703 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 49 Merton Rd #2 compares to other nearby properties.
Positives
Considerations
| Zip code | 02840 |
|---|---|
| Type | Condo for rent |
2-bedroom apartments at 49 Merton Rd #2 cost about 6% less than the average rent price for 2-bedroom apartments in Newport.
| Month | Median Rent |
|---|---|
| July 2024 | $2,816 |
| 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 | $3,131 |
| May 2026 | $3,120 |
| June 2026 | $3,156 |
Can I afford to live at 49 Merton Rd #2?
Bedrooms
2 bedroomsRent-to-income ratio
30%
$120,000/yr
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