5+ Days Ago
Location
363 Waterman Avenue, Smithfield, Rhode Island 02917, United States
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Property Overview
363 Waterman Avenue received a strong overall rating of 8 out of 10 from Zumper, highlighting its appeal to renters. The property excels in location and price, with ratings of 9 out of 10, reflecting its competitive pricing, convenient access to amenities, and proximity to a top-rated elementary school. Furthermore, it stands out for its impressive amenities and transparency in management, making it a prime choice for those seeking a quality living experience.
This summary uses Zumper’s proprietary data. “Zumper Expert Ratings” and “Things you’ll love” are based on our internal analyses of market trends and renter insights.
Things you’ll love
Elementary school nearby- More space
Floor plans
| 1BR/1.0BA | 1 bed | 1 bath | 1,000 sqft | $1,600 /mo | 1 unit available | This first-floor unit includes almost 1,000 sq. feet of immaculate living space • Includes fresh paint, spotless hardwoods and many updates throughout • Tenant pays only electric – heat and hot water included • Large, eat-in kitchen with large sink, gas cooking, and natural lighting • Bright and sunny, over-sized family room, with hardwoods, and decorative fireplace • Large bedroom with hardwood flooring and spacious closet • Bath with full tub, tile flooring, and washer/dryer hookups • Warm vinyl windows throughout with comfortable steam heat • Large, shared yard and plenty of off-street parking • No Pets • Great Smithfield location, in a very quiet neighborhood, right on RT 104, minutes to RT 44 and 295 and walking distance to Esmond Park and local restaurants |
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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?
Building details
Property details
| Units | 4 |
|---|
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About 363 Waterman Avenue
This first-floor unit includes almost 1,000 sq. feet of immaculate living space • Includes fresh paint, spotless hardwoods and many updates throughout • Tenant pays only electric – heat and hot water included • Large, eat-in kitchen with large sink, gas cooking, and natural lighting • Bright and sunny, over-sized family room, with hardwoods, and decorative fireplace • Large bedroom with hardwood flooring and spacious closet • Bath with full tub, tile flooring, and washer/dryer hookups • Warm vinyl windows throughout with comfortable steam heat • Large, shared yard and plenty of off-street parking • No Pets • Great Smithfield location, in a very quiet neighborhood, right on RT 104, minutes to RT 44 and 295 and walking distance to Esmond Park and local restaurants
Zumper Expert Rating
Our expert rating is based on a weighted average score of property attributes that renters care about most: price, amenities, location, quality, and trust.
8.0
/10
Very GoodWith a solid 8 out of 10 overall, 363 Waterman Avenue is a great option for renters. While some aspects, like Quality, might not be as distinguished as other properties nearby, 363 Waterman Avenue has a number of attractive features—namely its Price— so you can be assured your rent will come with a high standard of living.
Price·9A score that weighs the cost and location of the property, which we calculate by comparing rent prices of recent units to the median price of nearby rentals, adjusting for overall quality and features.
363 Waterman Avenue stands out with a remarkable rating of 9/10 for its cost per bedroom compared to other rentals in the area. Considering the excellent balance between price, convenience, and comfort that it provides, residents enjoy a high-quality living experience.
Amenities·8A score based on the amenities offered at this property compared to other rentals in the area. We consider the quantity, quality, and popularity of features both on site and within the units.
With multiple in-demand amenities, 363 Waterman Avenue is committed to enhancing the renting experience. And while it may have fewer total conveniences and features than similar rentals nearby, it remains a top choice for renters wanting an specific standard of living.
Location·9A score based on proximity and ease of access to shops, restaurants, schools, and public transportation while considering the desirability of the area.
363 Waterman Avenue is exceptional when it comes to location and conveniences. Communication with management or leasing staff is usually quick and easy and they often use advanced scheduling and communication tools to streamline the process. The location of this property offers easy access to popular points of interest in the area and options for getting around.
Quality·6A score based on what makes the property stand out, such as luxury features, unique offerings, age of the building, and our ability to verify the accuracy of these details.
While 363 Waterman Avenue does not have many hallmark characteristics to highlight, it has some qualities and features that will resonate with a broad range of renters.
Trustworthiness·7A score based on the accuracy, completeness, recency, and usefulness of the information provided by this property, so you can trust that what you see is what you get.
363 Waterman Avenue provides some information about the features available in the community and its apartments, making it a reliable option for prospective renters. Renters should ask additional questions about amenities and non-negotiable items they are looking for.
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 363 Waterman Avenue compares to other nearby properties.
Positives
- Elementary school nearby
- There is an elementary school 1 mile away
- More space
- The 1-bedroom is 225 sqft larger than other listings nearby
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Rent trends in Smithfield
1-bedroom apartments at 363 Waterman Avenue cost about the same as the average rent price for 1-bedroom apartments in Smithfield.
Median rents as of Dec 13 2025.
Smithfield
| Month | Median Rent |
|---|---|
| November 2024 | $1,500 |
| December 2024 | $1,450 |
| January 2025 | $1,312 |
| February 2025 | $1,350 |
| March 2025 | $1,230 |
| June 2025 | $1,550 |
| October 2025 | $1,700 |
| November 2025 | $1,599 |
| December 2025 | $1,600 |
Affordability calculator
Can I afford to live at 363 Waterman Avenue?
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
$64,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $64,000 annually to afford this 1-bedroom monthly rent price of $1,600.
For more information on rent affordability, visit our rent calculator.
Schools near 363 Waterman Avenue
Old County Road School
200 old county rd
smithfield, RI, 2917
K-5Public
B+
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Internet available near 363 Waterman Avenue
Getting around Smithfield near 363 Waterman Avenue
Walking
3/10
Fewer daily needs are within walking distance (unless you’re up for a challenge).
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
3/10
This is semi-bikeable, but you’ll need another way of getting around.
Transit
3/10
There are a few mass transit options within the area.
Points of interest for 363 Waterman Avenue, Smithfield
Groceries
1/10
No grocery stores within walking distance
Shopping
4/10
Some shops within walking distance
Cafes
5/10
Some cafés within walking distance
Restaurants
4/10
Some restaurants within walking distance
Primary schools
6/10
At least one elementary school within a 20-minute walk
High schools
0/10
No high schools within a 30-minute walk
Parks
8/10
Large amount of park space nearby
Nightlife
3/10
Few or no bars within walking distance
Explore the area around 363 Waterman Avenue
Dave's Fresh Marketplace
371 Putnam Pike
Dave's Marketplace
4 Cedar Swamp Rd
Stop & Shop Supermarket
446 Putnam Pike
Shaw's Supermarket
15 Smithfield Rd
St Edward Food Center
1001 Branch Ave
DICK'S Sporting Goods
371 Putnam Pike
Famous Footwear
371 Putnam Pike
J.Crew Factory Store
371 Putnam Pike
Kohl's
371 Putnam Pike
LOFT Stores
371 Putnam Pike
Dunkin'
259 Putnam Pike
Starbucks
371 Putnam Pike
DFG Donuts Inc
79 Putnam Pike
Marylou's Coffee
370 Putnam Pike
Dunkin'
39A Putnam Pike
Chili's
210 Smithfield Crossing
Escada Restaurant & Bar
39 Putnam Pike
Rocco's
55 Douglas Pike
Copperfield's
9 Cedar Swamp Rd
The Thirsty Beaver Pub E & Grub
45 Cedar Swamp Rd
Blanc De Noir, LLC
1 Waterman Ave
Pastryland Bakery
19 Sanderson Rd
June & Ginger
The Vitamin Shoppe
1650 Mineral Spring Ave
Bread Boss
269 Greenville Ave
War Memorial Park
Esmond Park
Whipple Field
Esmond Playground
Mendes Field
Bacon & Beanz
345 Waterman Ave
Early Eats LLC
345 Waterman Ave
Papa's Roast Beef & Pizza
314 Waterman Ave
Rangoon Chinese & Japanese
294 Waterman Ave
Dunkin'
259 Putnam Pike
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