Zumper

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

Apartment for rent
Monthly rent
$1,800–$2,800
Beds1–3
Baths1
Sqft258–933
modified
5+ Days Ago

Property Overview

With prime waterfront views and all utilities included, this centrally located property offers a quiet setting that enhances the living experience. A wealth of local amenities, including 167 restaurants and numerous entertainment venues within walking distance, support an active lifestyle. The abundance of 75 detailed photos highlights the property's value, ranking in the 95.59 percentile for value for money in the 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
  • Images available

Great for

  • Social life

Highlights

  • prime location
  • all utilities included
  • centrally located
  • waterfront views
  • quiet setting

Units

8 Franklin St Newport, RI

Available

4

1 Bed

1 Bath

$1,800

Listed on 08/20/2025
Listed by Alexander Chiera
Days on market: 21
Property Status: Active WINTER 25/26 RENTAL – 8 Franklin St #4, Newport, RI Available from September 2025 through May 2026, this charming studio is perfectly situated in the heart of downtown Newport. 8 Franklin St #4 offers stunning waterfront views and easy access to the city’s best restaurants, shops, and attractions. All utilities are included in the rent, with a monthly cap, for added convenience and peace of mind. This cozy spot has become a popular choice among War College and military personnel thanks to its prime location, comfort, and quiet setting. Don’t miss your chance to enjoy Newport living at its finest—reach out today to schedule a showing or get more details. Office Phone: (401) 849-1800 Copyright © 2025 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.

Available

3

3 Beds

1 Bath

$2,800

Listed on 08/20/2025
Listed by Alexander Chiera
Days on market: 21
Property Status: Active WINTER 25/26 RENTAL – 8 Franklin St #3, Newport, RI Available from September 2025 through May 2026, 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: (401) 849-1800 Copyright © 2025 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.

Amenities for 8 Franklin St

Some units at this address have these amenities. View unit details for more information.

Unit Amenities
  • In-Unit Laundry
  • Dishwasher
  • Carpet

Policies at 8 Franklin St

Contact for more information on pet policy.

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About 8 Franklin St

HomeApartments in Newport 8 Franklin St #4, Newport, RI 02840, USA

Live at 8 Franklin St in Newport, RI, and experience the best of coastal living! This intimate 2-unit property offers a peaceful atmosphere and stunning waterfront views. Choose from 1 or 3-bedroom options, ranging in size from 258 to 933 square feet. Enjoy the convenience of all utilities included, as well as a dishwasher in each unit. Take advantage of the prime location, with easy access to all that Newport has to offer. As a bonus, military personnel are welcome! This property is perfect for those seeking a quiet, centrally located retreat. Note that this is a long-term rental property and is not pet-friendly. Come and soak up the beautiful views and serene atmosphere!

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Address details

Units2
Units available2
City
Zip code02840

8 Franklin St #4 is great for:

Social life

  • Areas nearby are accessible by walking
  • 167 restaurants within 1 mile of this property
  • 55 theaters, music venues, or sports arenas nearby
  • 314 mixed-use spaces nearby

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, Newport, RI 02840, USA compares to other nearby properties.

Positives

Less expensive
Some rentals at this address are cheaper than similar listings nearby
Less expensive
Some rentals at this address are cheaper than similar listings nearby
Images available
There are at least 10 photos of this address

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Rent trends in Newport

1-bedroom apartments here are priced 18% lower than 1-bedrooms in Newport.

3-bedroom apartments at 8 Franklin St #4 cost about 20% less than the average rent price for 3-bedroom apartments in Newport.

Median rents as of Dec 28 2024.
Newport
A table of studio rental data trends in Newport
MonthMedian Rent
March 2024$1,558
April 2024$1,850
June 2024$1,150
July 2024$1,150
August 2024$1,640
September 2024$1,750
October 2024$1,775
November 2024$1,700
December 2024$1,600

Affordability calculator

Can I afford to live at 8 Franklin St?

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

$72,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $72,000 annually to afford this 1-bedroom monthly rent price of $1,800.
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.
Check out the past listing prices for monthly rent at 8 Franklin St, Newport, RI.
5 months ago$2,1001 bed1 bath
5 months ago$3,5003 bed1 bath
1 year ago$2,1001 bed1 bath
1 year ago$3,5003 bed1 bath
1 year ago$2,2501 bed1 bath
1 year ago$1,8001 bed1 bath

Schools near 8 Franklin St #4

Claiborne Pell Elementary School

35 dexter st

newport, RI, 2840

PK, K-4Public
C+
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Getting around Newport near 8 Franklin 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

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

Points of interest for 8 Franklin St, Newport

Groceries

9/10
At least one grocery store within a few minutes' walk

Shopping

9/10
Variety of shops within a few minutes' walk

Cafes

6/10
Some cafés within walking distance

Restaurants

7/10
Variety of restaurants within walking distance

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 20-minute walk

Parks

7/10
Moderate amount of park space nearby

Nightlife

8/10
Variety of bars within a few minutes' walk

Explore the area around 8 Franklin 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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