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Location

56 Prospect Hill St, Newport, RI 02840, USA

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Property Overview

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
  • Middle school nearby

Great for

  • Social life

Amenities for 56 Prospect Hill St

Features

Utilities Included
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

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 56 Prospect Hill St

HomeHouses in Newport 56 Prospect Hill St, Newport, RI 02840, USA

~ All utilities included ~ Wi-Fi and YouTube TV included ~ Welcome to the ultimate Newport basecamp! This stylish 2-bedroom, 2-bath townhouse puts you right in the heart of the City by the Sea. Walk to world-class restaurants, boutique shopping, or the waterfront in mere minutes. No car needed to get to the fun, but when you do need one, you've got parking for two. After a full day of exploring, retreat to your private second-level porch: the perfect perch for morning coffee, evening cocktails, or soaking in the Newport energy from above. With two full bathrooms and laundry in-unit, this townhouse is ideal off-season offering for anyone who wants to live like a local in one of the most sought-after destinations on the East Coast. Newport is calling...heed the call. ~ Winter rental 2026-27 ~


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 56 Prospect Hill St compares to other nearby properties.

Positives

Less expensive
The 2-bedrooms are cheaper than other similar listings nearby
Middle school nearby
There is a middle school 0.5 mile away

Considerations

No in-unit dishwasher
Dishwashers aren't available

Address details

Zip code02840
TypeHouse for rent

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Rent trends in Newport

2-bedroom apartments at 56 Prospect Hill St cost about 26% less than the average rent price for 2-bedroom apartments in Newport.

Median rents as of Jul 18 2026.
Newport
A table of 2-bedroom apartment rental data trends in Newport
MonthMedian Rent
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
July 2026$3,216

Affordability calculator

Can I afford to live at 56 Prospect Hill St?

Bedrooms

2 bedrooms

Rent-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

$100,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $100,000 annually to afford this 2-bedrooms monthly rent price of $2,500.
For more information on rent affordability, visit our rent calculator.

Schools near 56 Prospect Hill St

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 56 Prospect Hill St

Getting around Newport near 56 Prospect Hill St

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

7/10
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 56 Prospect Hill St, Newport

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

9/10
Wide variety of shops within a few minutes' walk

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

7/10
Variety of restaurants within a few minutes' walk

Primary schools

8/10
At least one elementary school within a 10-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

6/10
Several bars within a few minutes’ walk

Explore the area around 56 Prospect Hill St

Black Dog General Stores
33 Bannisters Wharf
Stop & Shop Supermarket
250 Bellevue Ave
Leo's Market
162 Broadway
Stop & Shop Supermarket
199 Connell Hwy
Aquidneck Meat Market Inc
800 Aquidneck Ave

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2 Bedroom apartment rentals in Newport47 listings

47 listings

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