Updated 2 Days Ago
Location
492 Thames St #2, Newport, RI 02840, USA
Tour 492 Thames St #2
Contact
Lila Delman Compass
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Property Overview
With 27 photos, the listing offers a clear visual overview, and its value for money ranks in the 70.83 percentile compared with nearby properties. Overall, it combines a strong presentation with a favorable cost-to-value profile.
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
Images Available
Great for
Wellness
Social life
Amenities for 492 Thames St #2
Apartment Amenities
| Balcony | Baseboard |
| Electric Heating | Furnished |
| Hardwood Floor |
Appliances
| Dishwasher | In-Unit Laundry |
Building
| Exterior Type: Drywall |
Other
| Five Rooms | View Type: Water |
| Wall Units |
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
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About 492 Thames St #2
Property Status: Active YEARLY FURNISHED RENTAL JANUARY 1 with OFF STREET PARKING! Nestled in the heart of Newport's vibrant Thames Street, this charming two-bedroom apartment offers the perfect blend of modern living and historic charm. Step out onto your private balcony and take in the lively sights and sounds of downtown Newport-a front-row seat to the city's renowned boutiques, restaurants, and waterfront activities. Inside, you'll find a thoughtfully designed open layout living area with two bedrooms, a full bathroom and washer and dryer. Whether you're enjoying the bustling energy of Thames Street or retreating to the comfort of this inviting home, this apartment delivers a quintessential Newport lifestyle. Don't miss your chance to live where the city meets the sea! Utilities to tenant. A pet may be considered. Office Phone: (401) 297-1334 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 492 Thames St, Newport, RI 02840, USA compares to other nearby properties.
Positives
- 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 492 Thames St #2 cost about 1% less than the average rent price for 2-bedroom apartments in Newport.
Median rents as of Sep 12 2026.
Newport
| Month | Median Rent |
|---|---|
| September 2024 | $2,550 |
| 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 |
| July 2026 | $3,162 |
| August 2026 | $3,000 |
| September 2026 | $3,000 |
Affordability calculator
Can I afford to live at 492 Thames St #2?
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
$119,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $119,000 annually to afford this 2-bedrooms monthly rent price of $2,975.
For more information on rent affordability, visit our rent calculator.
Rent history
The increase or decrease in monthly rent compared to the previous listing price.| Bath | |||||
|---|---|---|---|---|---|
| 6 months ago | $2,600 | 2 bed | 1 bath | ||
| 8 months ago | $2,975 | 2 bed | 1 bath | ||
| 1 year ago | $2,900 | 2 bed | 1 bath | ||
| 3 years ago | $6,000 | 2 bed | 1 bath | ||
| 3 years ago | $6,000 | 2 bed | 1 bath | ||
| 3 years ago | $6,000 | 2 bed | 1 bath | ||
| 4 years ago | $2,500 | 2 bed | 1 bath | ||
| 5 years ago | $2,250 | 2 bed | 1 bath | ||
| 5 years ago | $7,000 | 2 bed | 1 bath |
Schools near 492 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-
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Internet available near 492 Thames St #2
Getting around Newport near 492 Thames St #2
Walking
9/10
No car? No problem. Everything you need is within a few blocks.
Driving
8/10
This area is close to freeways and has adequate parking options.
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 492 Thames St #2, Newport
Groceries
8/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
9/10
Wide variety of shops within a few minutes' walk
Cafes
6/10
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
5/10
At least one elementary school within a 20-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
9/10
Exceptional variety of bars right within a few minutes’ walk
Other units at this address
492 Thames St, Newport, RI
492 Thames St Newport, RI
Occupied
#4
2 Beds
1 Bath
$2,600
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