Zumper
modified
Updated 4 Days Ago

Highlights

  • Prime location
  • All utilities included
  • Centrally located
  • Peaceful atmosphere
  • Beautiful views
  • Military personnel

Location

8 Franklin St #3, Newport, RI 02840, USA

Tour 8 Franklin St #3

Contact

Alexander Chiera

BHHS Commonwealth RE

(845) 849-4392

Property Overview

Situated in a prime, centrally located Newport setting, the home offers a peaceful atmosphere with beautiful views and the convenience of all utilities included. Its location and amenities can be especially appealing for military personnel as well as anyone seeking an easy, low-maintenance living experience in a desirable area.

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
  • Images available

Great for

  • Social life

Amenities for 8 Franklin St #3

Features

BaseboardNatural Gas
Utilities IncludedWindow Units

Appliances

Dishwasher

Community

Exterior Type: Drywall

Other

Five RoomsView Type: Water
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 8 Franklin St #3

HomeHouses in Newport 8 Franklin St #3, Newport, RI 02840, USA

Property Status: Active 9/1 WINTER RENTAL - 8 Franklin St #3, Newport, RI Available from Now through May, this charming and centrally located rental sits in the heart of downtown Newport. 8 Franklin St #3 offers beautiful views of the Newport waterfront and is just steps away from the city's top restaurants, shops, and attractions. All utilities are included in the rent, with a monthly cap, making for a hassle-free living experience. This property has become a favorite among War College and military personnel thanks to its prime location, comfortable setup, and peaceful atmosphere. Don't miss the opportunity to enjoy the best of Newport living this winter-reach out today to schedule a showing or learn more. Office Phone: (845) 849-4392 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.


Go to property website

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 8 Franklin St #3 compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby
Middle school nearby
There is a middle school 0.5 mile away
Images available
There are at least 10 photos of this address

Address details

Zip code02840
TypeHouse for rent

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Rent trends in Newport

3-bedroom apartments at 8 Franklin St #3 cost about 18% less than the average rent price for 3-bedroom apartments in Newport.

Median rents as of Sep 5 2026.
Newport
A table of 3-bedroom apartment rental data trends in Newport
MonthMedian Rent
September 2024$3,312
October 2024$3,250
November 2024$3,400
December 2024$3,500
January 2025$3,550
February 2025$3,637
March 2025$3,910
April 2025$4,075
May 2025$4,180
June 2025$4,050
July 2025$3,940
August 2025$3,753
September 2025$3,470
October 2025$3,342
November 2025$3,300
December 2025$3,275
January 2026$3,457
February 2026$3,546
March 2026$3,662
April 2026$3,837
May 2026$3,930
June 2026$3,931
July 2026$3,662
August 2026$3,460
September 2026$3,350

Affordability calculator

Can I afford to live at 8 Franklin St #3?

Bedrooms

3 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

$110,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $110,000 annually to afford this 3-bedrooms monthly rent price of $2,750.
For more information on rent affordability, visit our rent calculator.

Schools near 8 Franklin St #3

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 8 Franklin St #3

Getting around Newport near 8 Franklin St #3

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

2/10
There are a few mass transit options within the area.

Points of interest for 8 Franklin St #3, Newport

Groceries

9/10
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 15-minute walk

High schools

8/10
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 few minutes' walk

Explore the area around 8 Franklin St #3

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 Newport71 listings

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