Updated 12 Hours 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
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Property Overview
8 Franklin St #3 offers a mix of convenient location, appealing living space, and characterful features that add to its overall appeal. It can be a strong fit for buyers seeking a Newport setting with practical day-to-day livability and distinctive details.
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
| Baseboard | Natural Gas |
| Utilities Included | Window Units |
Appliances
| Dishwasher |
Community
| Exterior Type: Drywall |
Other
| Five Rooms | View 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
About 8 Franklin St #3
Property Status: Pending 10/1 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.
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 miles away
- Images available
- There are at least 10 photos of this address
Address details
| Zip code | 02840 |
|---|---|
| Type | House for rent |
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Rent trends in Newport
3-bedroom apartments at 8 Franklin St #3 cost about 29% less than the average rent price for 3-bedroom apartments in Newport.
Median rents as of Oct 17 2026.
Newport
| Month | Median Rent |
|---|---|
| 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 | $3,287 |
| October 2026 | $3,266 |
Affordability calculator
Can I afford to live at 8 Franklin St #3?
Bedrooms
3 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
$96,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $96,000 annually to afford this 3-bedrooms monthly rent price of $2,400.
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-
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
Wide variety of groceries within a few minutes' walk
Shopping
9/10
Exceptional variety of shops within a few minutes’ walk
Cafes
9/10
Wide variety of cafés within a few minutes’ walk
Restaurants
9/10
Wide 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
9/10
Exceptional variety of bars right 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
Toci
18 Franklin St
Lux2 Boutique
306 Thames St
Arkwear
337 Thames St
Charn Collections
337 Thames St
Island Pursuit
364 Thames St
Starbucks
212 Thames St
Spice of Life
192 Thames St
Spice & Tea Exchange
192 Thames St
Hill Market
1 Bellevue Ave
Empire Tea & Coffee
112 William St
Bar & Board Bistro
282 Thames St
Smoke House
31 Scotts Wharf
One Pelham East
270 Thames St
Studio 3
270 Thames St
Speak Easy Bar & Grill
250 Thames St
Spice of Life
192 Thames St
Spice & Tea Exchange
192 Thames St
The Newport Sweet Shoppe
82 William St
Cupcake Charlie's
135 Swinburne Row
A Market
181 Bellevue Ave
Washington Park
Touro Park
Playground
Perrotti Park
Eisenhower Park
Franklin Spa
229 Spring St
Newport Sticks & Cones
8 Fair St
Red Parrot Restaurant
348 Thames St
Bar & Board Bistro
282 Thames St
Surf Club
337 Thames St
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