5+ Days Ago
Highlights
- Prime location
- All utilities included
- Centrally located
- Peaceful atmosphere
- Beautiful views
- Military personnel
Location
8 Franklin St #3, Newport, RI 02840, USA
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Property Overview
Situated in a prime, centrally located Newport setting, the home offers a peaceful atmosphere with beautiful views and the convenience of all utilities included. Its location and amenities can be especially appealing for military personnel as well as anyone seeking an easy, low-maintenance living experience in a desirable area.
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
Apartment Amenities
| Baseboard | Natural Gas |
| Utilities Included | Window Units |
Appliances
| Dishwasher |
Building
| 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
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About 8 Franklin St #3
Property Status: Active 9/1 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
- Less expensive
- Some rentals at this address are cheaper than similar listings nearby
- Middle school nearby
- There is a middle school 0.5 mile away
- Images available
- There are at least 10 photos of this address
Address details
| Zip code | 02840 |
|---|---|
| Type | Apartment for rent |
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Rent trends in Newport
3-bedroom apartments at 8 Franklin St #3 cost about 30% less than the average rent price for 3-bedroom apartments in Newport.
Median rents as of Jun 13 2026.
Newport
| Month | Median Rent |
|---|---|
| June 2024 | $4,000 |
| 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 | $3,930 |
| June 2026 | $3,975 |
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
$110,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $110,000 annually to afford this 3-bedrooms monthly rent price of $2,750.
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-
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Internet available near 8 Franklin St #3
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
At least one supermarket within a 10-minute walk
Shopping
9/10
Wide variety of shops within a few minutes' walk
Cafes
6/10
Some cafés within a few minutes’ walk
Restaurants
7/10
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
8/10
Wide variety of bars within a few minutes' walk
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