Monthly rent

$38,000

Beds

Baths

Sqft

3,000

Monthly rent	$38,000
Beds	4
Baths	3
Sqft	3,000

1 Day Ago

Location

2 Faxon Grn, Newport, RI 02840, USA

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Contact

Noelle Shiland

About 2 Faxon Grn

Summer Rental JULY only. Utilities Included: , Fully furnished 4 bedroom 3.5 bath home is located in-town and walking distance to the beach and downtown. This is an impeccably furnished home with an open gourmet kitchen and living room, with gas fireplace, built in bookshelves and a breakfast nook. The kitchen comes with two dishwashers, two sinks, two beverage refrigerators and a walk in pantry closet. There is a mudroom off the garage entry and laundry. Additional Laundry in the unfinished basement. Wonderful master suite with water views and his and hers walk in closets, gas fireplace and an office. The home is fully stocked with dishes, sheets and towels. Come home and feel at home.

Zip code

02840

Type

Apartment for rent

Rent trends in Newport

4-bedroom apartments at 2 Faxon Grn cost about 624% more than the average rent price for 4-bedroom apartments in Newport.

Median rents as of Feb 21 2026.

Newport

A table of 4-bedroom apartment rental data trends in Newport
Month	Median Rent
March 2024	$10,500
April 2024	$11,500
May 2024	$12,083
June 2024	$10,200
July 2024	$8,250
August 2024	$6,000
September 2024	$4,256
October 2024	$4,187
November 2024	$4,750
December 2024	$7,500
January 2025	$8,125
February 2025	$8,475
March 2025	$8,800
April 2025	$8,125
May 2025	$9,100
June 2025	$10,000
July 2025	$9,500
August 2025	$5,892
September 2025	$4,900
October 2025	$4,800
November 2025	$5,345
December 2025	$7,500
January 2026	$6,857
February 2026	$5,550

Affordability calculator

Can I afford to live at 2 Faxon Grn?

Bedrooms

4+ 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

$1,520,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $1,520,000 annually to afford this 4-bedrooms monthly rent price of $38,000.

For more information on rent affordability, visit our rent calculator.

Points of interest for 2 Faxon Grn, Newport

Groceries

8/10

At least one supermarket within a 15-minute walk

Shopping

6/10

Several shops within a few minutes’ walk

Cafes

5/10

Some cafés within a few minutes’ walk

Restaurants

5/10

Some restaurants within a few minutes’ walk

Primary schools

9/10

At least one elementary school within a 10-minute walk

High schools

3/10

At least one high school within a 30-minute walk

Parks

7/10

Large amount of park space nearby

Nightlife

4/10

Some bars within walking distance

2 Faxon Grn2 Faxon Grn, Newport, RI 02840, USA

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Schools near 2 Faxon Grn

Claiborne Pell Elementary School

Wilbur & McMahon Schools

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2 Faxon Grn
2 Faxon Grn, Newport, RI 02840, USA