Zumper

501 Spring Street
501 Spring Street, Newport, RI 02840, USA

Apartment for rent
Monthly rent
$2,800–$3,200
Beds3–4
Baths2
Sqft1,350
modified
5+ Days Ago

Property Overview

With 111 photos available, the property offers an extensive visual overview, enhancing the decision-making process for potential renters. Positioned in the 93.15 percentile for value, it presents an appealing investment opportunity. The vibrant social scene is complemented by a walkable environment, featuring 158 restaurants and numerous theaters, music venues, or sports arenas nearby, all contributing to a dynamic lifestyle.

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

  • hardwood floors
  • peaceful retreat
  • prime location

Units

501 Spring Street Newport, RI

New Listing

#1

3 Beds

2 Baths

$2,800

Listed on 02/24/2026
Listed by RentSpree Partner
Days on market: 5
This inviting property offers a perfect blend of convenience, comfort, and coastal charm. Step into this beautifully appointed rental unit that features a spacious and cozy living environment. The interior showcases hardwood floors, high ceilings, stainless appliances and marble coutner tops, which offer a stylish and modern living space for you to enjoy. Relax and unwind in the bright and airy living area, perfect for entertaining guests or simply lounging after a day of exploring all that Newport has to offer. The well-equipped kitchen allows you to prepare delicious meals and dine in style, while the comfortable bedrooms provide a peaceful retreat for rest and relaxation. Located in a prime location on Spring Street, this property is just moments away from Thames, Salve, Bellevue, shops, restaurants and more.... Ensuring that you have everything you need right at your doorstep. Take a leisurely stroll to the waterfront, explore the bustling downtown area, or soak in the natural b...

New Listing

#2

3 Beds

2 Baths

$2,800

Listed on 02/24/2026
Listed by RentSpree Partner
Days on market: 5
This charming and elegant rental property offers a perfect blend of comfort, style, and convenience. This lovely unit features cozy and inviting living space for you to call your own. The interior boasts hardwood floors, large and bright windows. The living area is perfect for relaxing or entertaining guests, while the well-appointed kitchen offers all the modern amenities you need to whip up delicious meals with ease. The bedrooms provide a peaceful retreat for rest and relaxation, ensuring that you'll always wake up refreshed and ready to take on the day. Situated in a prime location on Spring Street, this property is ideally located near Thames, Salve, Bellevue, shops, and restaurants. This unit gives tenants easy access to all that Newport has to offer. Whether you're exploring the historic downtown area, enjoying a leisurely day at the beach, or savoring a meal at a local restaurant, you'll find endless opportunities for entertainment and relaxation just moments away.

New Listing

#3

4 Beds

2 Baths

$3,200

Listed on 02/24/2026
Listed by RentSpree Partner
Days on market: 5
Step into this well-appointed rental featuring spacious and cozy living space for you to call home. The interior showcases hardwood floors, high ceilings, skylights, big bedrooms, and exposed brick- creating a welcoming and stylish environment that exudes sophistication. The living area is perfect for relaxing or entertaining guests, while the kitchen is equipped with all the essentials you need to cook and dine in style. The bedrooms offer a tranquil escape for rest and rejuvenation, ensuring that you'll always feel comfortable and at ease in your own private oasis. Located in a prime location on Spring Street, this property is just a stone's throw away from Thames, Salve, Bellevue, shops, restuarant, and the beaches- providing you with easy access to everything Newport has to offer. Whether you're exploring the bustling downtown area, soaking up the sun on the beach, or admiring the historic architecture, you'll find endless opportunities for leisure and enjoyment right at your do...

Policies at 501 Spring Street

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?

Advertisement

About 501 Spring Street

HomeApartments in Newport 501 Spring St #1, Newport, RI 02840, USA

Check out this charming property located at 501 Spring Street in Newport, RI! This intimate 3-unit property offers spacious 3-4 bedroom units, each approximately 1350 square feet in size. Residents will love the modern amenities, including stainless appliances and well-appointed kitchens, all set amidst a peaceful retreat in the heart of the downtown area. Additional highlights include hardwood floors, large and bright windows, and cozy living spaces. Enjoy the prime location, just steps from all the action. With its big bedrooms and inviting atmosphere, this property is a must-see! Amenities include hardwood floors, stainless appliances, well-appointed kitchen, large and bright windows, and a cozy living space. A major perk is its prime location in the downtown area.

Does this information look correct?

Address details

Units3
Units available3
City
Zip code02840

501 Spring St ##1 is great for:

Social life

  • Areas nearby are accessible by walking
  • 56 theaters, music venues, or sports arenas nearby
  • Diverse age groups live in this area
  • 158 restaurants within 1 mile of this property

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 501 Spring Street, 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

Considerations

No in-unit dishwasher
Dishwashers aren't available

Get the latest listings anytime, anywhere

Receive similar listings in the area, download our app, and more.
Email*
By clicking submit, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values.

Rent trends in Newport

3-bedroom apartments at 501 Spring St ##1 cost about 21% less than the average rent price for 3-bedroom apartments in Newport.

4-bedroom apartments at 501 Spring St ##1 cost about 39% less than the average rent price for 4-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 501 Spring Street?

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

$112,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $112,000 annually to afford this 3-bedrooms median monthly rent price of $2,800.
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 501 Spring St, Newport, RI.
6 years ago$2,2004 bed2 bath
6 years ago$3,6673 bed2 bath
6 years ago$3,6674 bed2 bath
7 years ago$4,3344 bed2 bath
7 years ago$3,5003 bed2 bath
8 years ago$4,5004 bed2 bath
9 years ago$3,5003 bed2 bath
9 years ago$5,0004 bed2 bath
9 years ago$3,5003 bed2 bath

Schools near 501 Spring St ##1

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-
Powered byniche.com
Advertisement

Getting around Newport near 501 Spring Street

Walking

6/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
Commuting is easy with multiple accessible routes and plenty of parking.

Cycling

6/10
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 501 Spring Street, Newport

Groceries

7/10
At least one supermarket within a 15-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Some restaurants within a few minutes’ walk

Primary schools

3/10
At least one elementary school within a 30-minute walk

High schools

6/10
At least one high school within a 20-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

4/10
Some bars within a few minutes’ walk

Explore the area around 501 Spring Street

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

Compare similar properties nearby

featured image of 26 S Baptist St

26 S Baptist St

4 Beds

$3,600

hardwood floor
No
dishwasher
No
garage parking
No
featured image of 16 Bull St ##1

16 Bull St ##1

3 Beds

$3,600

hardwood floor
No
dishwasher
No
garage parking
No
featured image of 1 Ledge Rd

1 Ledge Rd

3 Beds

$3,500

hardwood floor
Yes
dishwasher
No
garage parking
Yes
featured image of 3 Admiralty Dr Unit A6 #A6

3 Admiralty Dr Unit A6 #A6

3 Beds

$2,350

hardwood floor
No
dishwasher
No
garage parking
No
featured image of 15 Webster Street #2

15 Webster Street #2

3 Beds

$3,300

hardwood floor
Yes
dishwasher
Yes
garage parking
Yes
featured image of 10 Eustis Ave

10 Eustis Ave

3 Beds

$3,000

hardwood floor
Yes
dishwasher
Yes
garage parking
Yes
featured image of 88 Woodland Dr

88 Woodland Dr

4 Beds

$3,100

hardwood floor
Yes
dishwasher
Yes
garage parking
Yes
featured image of 27 S Baptist St

27 S Baptist St

3 Beds

$3,500

hardwood floor
Yes
dishwasher
Yes
garage parking
No
featured image of 26 S Baptist St

26 S Baptist St

4 Beds

$3,600

hardwood floor
No
dishwasher
No
garage parking
No
featured image of 16 Bull St ##1

16 Bull St ##1

3 Beds

$3,600

hardwood floor
No
dishwasher
No
garage parking
No
featured image of 1 Ledge Rd

1 Ledge Rd

3 Beds

$3,500

hardwood floor
Yes
dishwasher
No
garage parking
Yes
featured image of 3 Admiralty Dr Unit A6 #A6

3 Admiralty Dr Unit A6 #A6

3 Beds

$2,350

hardwood floor
No
dishwasher
No
garage parking
No
featured image of 15 Webster Street #2

15 Webster Street #2

3 Beds

$3,300

hardwood floor
Yes
dishwasher
Yes
garage parking
Yes
featured image of 10 Eustis Ave

10 Eustis Ave

3 Beds

$3,000

hardwood floor
Yes
dishwasher
Yes
garage parking
Yes
featured image of 88 Woodland Dr

88 Woodland Dr

4 Beds

$3,100

hardwood floor
Yes
dishwasher
Yes
garage parking
Yes
featured image of 27 S Baptist St

27 S Baptist St

3 Beds

$3,500

hardwood floor
Yes
dishwasher
Yes
garage parking
No

Check availability

Full name*
Move-in date
Unit
By sending this inquiry, I accept Zumper's Terms and Conditions, Privacy Policy, and Community Values. By providing my phone number, I consent (not a condition of purchase) to be called and texted by 501 Spring St #1, Newport, RI 02840, USA.

2 Bedroom apartment rentals in Newport61 listings

61 listings

3 Bedroom apartment rentals in Newport68 listings

68 listings

Advertisement