Updated 1 Day Ago
Location
547 Spring St #2, Newport, RI 02840, USA
Tour 547 Spring St ##2
Contact
David Hackett
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Property Overview
Close to a top-rated high school and offering 13 photos for an easy visual preview, 547 Spring St #2 also stands out for its value per square foot relative to nearby properties. The area supports an active social life with diverse age groups, many restaurants and entertainment options within walking distance, and generally walkable surroundings.
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
High school nearby- More space
- Images Available
Great for
Social life
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
Dog Policy
Not allowed
Cat Policy
Not allowed
No pets allowed.
Questions about this property’s policies and fees?
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About 547 Spring St ##2
Renovated one bedroom apartment within steps of the Yachting Village, Bellevue Avenue, and the Fifth Ward is now available for rent. Featuring a fully renovated bathroom, refinished wood floors, a spacious bedroom, living room, small den/home office, and a partially renovated kitchen with new appliances. Reserved parking space in the driveway, private entry, and shared front porch are included. Extra storage is available in the basement within designated space. Washer/dryer for exclusive use of this apartment is located in the basement (outside access at rear of house) and additional designated storage space also in basement. Pets considered/negotiable. Gas, electric, and furnishings are included (unfurnished option available for longer lease).
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 547 Spring St ##2 compares to other nearby properties.
Positives
- High school nearby
- There is a high school 1 mile away
- More space
- The 1-bedroom is 68 sqft larger than other listings nearby
- Images Available
- There are at least 10 photos of this address
Considerations
- Greater distance from middle schools
- The nearest middle school is farther than 1 mile away
- Greater distance from grade schools
- The nearest elementary school is farther than 2 miles away
- No in-unit dishwasher
- Dishwashers aren't available
Address details
| Zip code | 02840 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Newport
1-bedroom apartments at 547 Spring St ##2 cost about 7% more than the average rent price for 1-bedroom apartments in Newport.
Median rents as of Jul 11 2026.
Newport
| Month | Median Rent |
|---|---|
| July 2024 | $2,100 |
| August 2024 | $2,050 |
| September 2024 | $2,100 |
| October 2024 | $2,000 |
| November 2024 | $2,035 |
| December 2024 | $2,062 |
| January 2025 | $2,106 |
| February 2025 | $2,400 |
| March 2025 | $2,449 |
| April 2025 | $2,690 |
| May 2025 | $2,865 |
| June 2025 | $2,613 |
| July 2025 | $2,480 |
| August 2025 | $2,300 |
| September 2025 | $2,200 |
| October 2025 | $2,200 |
| November 2025 | $2,170 |
| December 2025 | $2,200 |
| January 2026 | $2,200 |
| February 2026 | $2,285 |
| March 2026 | $2,487 |
| April 2026 | $2,412 |
| May 2026 | $2,340 |
| June 2026 | $2,387 |
| July 2026 | $2,412 |
Affordability calculator
Can I afford to live at 547 Spring St #2?
Bedrooms
1 bedroomRent-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
$104,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $104,000 annually to afford this 1-bedroom monthly rent price of $2,600.
For more information on rent affordability, visit our rent calculator.
Schools near 547 Spring 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 547 Spring St ##2
Getting around Newport near 547 Spring St #2
Walking
7/10
Grab your reusable bags–many shops and stores are within walking distance.
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
3/10
There are a few mass transit options within the area.
Points of interest for 547 Spring St #2, Newport
Groceries
7/10
Wide variety of groceries within a short drive, including some within walking distance
Shopping
7/10
Wide variety of shops within a short drive, including some within walking distance
Cafes
5/10
Variety of cafés within a short drive
Restaurants
7/10
Wide variety of restaurants within a short drive, including some within walking distance
Primary schools
2/10
At least one elementary school within a 30-minute walk
High schools
7/10
At least one high school within a 15-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
8/10
Wide variety of bars within a short drive, including some within walking distance
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