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Location

40 Grafton St, Newport, RI 02840, USA

Tour 40 Grafton St

Contact

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Kevan Campbell

Hogan Associates

(844) 326-4677 ext. 8201

Amenities for 40 Grafton St

Features

2 FloorsAir Conditioning
Central AirFurnished
Hardwood FloorNatural Gas

Appliances

DishwasherIn-Unit Laundry

Community

BasementExterior Type: Clapboard
Exterior Type: DrywallOnsite Laundry

Grounds

Outdoor SpaceThree Parking Spaces

Other

Architecture Style: CottageSix Rooms
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

Application Fee

Per-applicant. Agent application fee.

$35

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Questions about this property’s policies and fees?

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About 40 Grafton St

HomeHouses in Newport 40 Grafton St, Newport, RI 02840, USA

Property Status: Active AVAILABLE SEPT Winter rental Beautifully renovated and offered as a furnished winter rental in Newport's desirable Fifth Ward neighborhood, this 3-bedroom, 2-bath home is ideally located just steps from King Park, Newport Harbor, and Thames Street. The first floor features an open-concept layout with hardwood floors, a modern kitchen with white shaker cabinets, granite countertops, stainless steel appliances, and a dining area with sliding glass doors leading to a raised deck. Upstairs offers three bedrooms, including a spacious primary suite. Additional amenities include first-floor laundry, efficient gas heat, central air conditioning, off-street parking, and a large yard perfect for relaxing or entertaining. A rare opportunity to enjoy a turnkey rental in one of Newport's most sought-after locations. Office Phone: (401) 556-9563 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. Kevan Campbell


Source: State Wide MLS of Rhode Island, Inc.|MLS Listing No. 1413197

Go to property website

Address details

Zip code02840
TypeHouse for rent

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Rent trends in Newport

3-bedroom apartments at 40 Grafton St cost about 3% more than the average rent price for 3-bedroom apartments in Newport.

Median rents as of May 16 2026.
Newport
A table of 3-bedroom apartment rental data trends in Newport
MonthMedian Rent
June 2024$4,280
July 2024$3,743
August 2024$3,516
September 2024$3,337
October 2024$3,250
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$3,916

Affordability calculator

Can I afford to live at 40 Grafton St?

Bedrooms

3 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

$160,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $160,000 annually to afford this 3-bedrooms monthly rent price of $4,000.
For more information on rent affordability, visit our rent calculator.

Schools near 40 Grafton St

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-
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Internet available near 40 Grafton St

Getting around Newport near 40 Grafton St

Walking

7/10
Grab your reusable bags–many shops and stores are within walking distance.

Driving

8/10
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
FYI, there are little to no public transit options within walking distance.

Points of interest for 40 Grafton St, Newport

Groceries

5/10
At least one supermarket within a 20-minute walk

Shopping

6/10
Several shops within walking distance

Cafes

6/10
Some cafés within a few minutes’ walk

Restaurants

5/10
Some restaurants within a few minutes’ walk

Primary schools

2/10
At least one elementary school within a 30-minute walk

High schools

7/10
At least one high school within a 15-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 40 Grafton St

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

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