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Location

340 Old Mill Ln, Portsmouth, RI 02871, USA

Tour 340 Old Mill Ln

Contact

Newport Living Group

Lila Delman Compass

(401) 848-2101

Amenities for 340 Old Mill Ln

Apartment Amenities

Forced AirHardwood Floor

Appliances

DishwasherIn-Unit Laundry

Building

Onsite Laundry

Grounds

Outdoor SpaceThree Parking Spaces

Other

Architecture Style: RanchOil
Seven 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

Contact for more information on pet policy.

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About 340 Old Mill Ln

HomeHouses in Portsmouth 340 Old Mill Ln, Portsmouth, RI 02871, USA

Property Status: Active Winter Rental starting November 01, 2025 to April 30, 2026 only! Bright and immaculate, this home features an open floor plan with a fully equipped eat in kitchen and comfortable living spaces. The main level offers 3 bedrooms, including the primary suite, and a full bath. The finished lower level includes 2 additional rooms with a generous family room, there’s also a cute dog house under the stairs. Also on the lower level, there is a laundry room, and walkout access to the private backyard with a patio—perfect for entertaining. Located near four beaches with easy access to Rt. 138 and Newport. Move-in ready—just bring your clothes! Pets negotiable. Office Phone: (401) 848-2101 Copyright © 2025 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.


Source: SWMLSRI|MLS Listing No. 1396319

Go to property website

Address details

Zip code02871
TypeHouse for rent

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Rent trends in Portsmouth

3-bedroom apartments at 340 Old Mill Ln cost about 29% less than the average rent price for 3-bedroom apartments in Portsmouth.

Median rents as of Sep 27 2025.
Portsmouth
A table of 3-bedroom apartment rental data trends in Portsmouth
MonthMedian Rent
October 2023$3,033
November 2023$3,037
December 2023$3,320
January 2024$3,200
February 2024$4,175
March 2024$4,850
April 2024$4,500
May 2024$4,033
June 2024$4,100
July 2024$3,725
August 2024$3,435
September 2024$3,531
October 2024$3,093
November 2024$3,040
December 2024$3,150
January 2025$3,425
February 2025$4,069
March 2025$3,850
April 2025$3,912
May 2025$3,800
June 2025$3,956
July 2025$3,980
August 2025$3,871
September 2025$4,155

Affordability calculator

Can I afford to live at 340 Old Mill Ln?

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

$120,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $120,000 annually to afford this 3-bedrooms monthly rent price of $3,000.
For more information on rent affordability, visit our rent calculator.

Schools near 340 Old Mill Ln

Melville School

1351 west main rd

portsmouth, RI, 2871

PK, K-4Public
A-

Hathaway Elementary School

53 tallman ave

portsmouth, RI, 2871

K-4Public
A-
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Internet available near 340 Old Mill Ln

Neighborhood

NEIGHBORHOOD VIBE
Peaceful and quiet
Noise-canceling headphones not required in this mostly noise free area.

Getting around Portsmouth near 340 Old Mill Ln

Walking

1/10
You’ll need another mode of transportation for getting around. Scooter, anyone?

Driving

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

Cycling

2/10
This is semi-bikeable, but you’ll need another way of getting around.

Transit

0/10
FYI, there are little to no public transit options within walking distance.

Points of interest for 340 Old Mill Ln, Portsmouth

Groceries

0/10
Closest supermarket further than a 30-minute walk

Shopping

1/10
Few or no shops within walking distance

Cafes

0/10
Few or no cafés within walking distance

Restaurants

1/10
Few or no restaurants within walking distance

Primary schools

0/10
Closest elementary school further than a 30-minute walk

High schools

0/10
Closest high school further than a 30-minute walk

Nightlife

0/10
Few or no bars within walking distance

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