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Location

42 Kay St Apt 5, Newport, RI 02840, USA

Tour 42 Kay St Apt 5

Contact

Keller Williams Realty of Newport / East Bay / North Kingstown

(401) 845-9200

Amenities for 42 Kay St Apt 5

Apartment Amenities

Forced AirHardwood Floor
Natural Gas

Appliances

In-Unit Laundry

Building

BasementExterior Type: Clapboard
Exterior Type: DrywallExterior Type: Plaster

Grounds

Assigned ParkingOutdoor Space

Other

DuctlessFive 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

Applicants

One-time.

Contact Property

REQUIRED FEES

Security Deposit

One-time. Refundable.

Contact Property

Parking Policy

Assigned Parking

Questions about this property’s policies and fees?

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About 42 Kay St Apt 5

HomeApartments in Newport 42 Kay St Apt 5, Newport, RI 02840, USA

Property Status: Active Historic Kay-Catherine area - 2-bedroom, 3-bed charmer - minutes from everything! A third-floor, 2-bedroom, 3-bed, 1.5-bath nautical condo in an unbeatable Newport location-steps from iconic Bellevue Avenue, the vibrant Broadway district, and minutes from Thames Street! This wayfarer's retreat showcases original hardwood floors, six skylights, a dedicated parking space, and three bikes. The layout includes a spacious living room with canted ceilings, a bright sunroom with views of the Newport Pell Bridge, a galley kitchen, and a dining table for six. Two separate entrances and shared outdoor space with a BBQ complete the home. My sister and I bought this condo five years ago and have loved every minute here! Our neighborhood is magical-filled with the best people and close to everything. With the USA 250th anniversary on July 4th, Newport will be in full celebration mode! Jane Pickens Theatre, music, shopping, Nitro Brew, and top-rated restaurants are all a short walk to Broadway. Thames Street is just 15 minutes away. Grab the Water Taxi at Perotti Park for Fort Adams or the Block Island/Jamestown Ferries for day trips (bikes welcome). Walk 5 minutes to the Viking Hotel for the free hop-on/off shuttle to the mansions, local beaches, the Tennis Center, and more-the driver can drop you back at our condo. We hope you enjoy our home! Office Phone: (401) 324-9841 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.


Source: State Wide MLS of Rhode Island, Inc.|MLS Listing No. 1405268

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Address details

Zip code02840
TypeCondo for rent

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Rent trends in Newport

2-bedroom apartments at 42 Kay St Apt 5 cost about 227% more than the average rent price for 2-bedroom apartments in Newport.

Median rents as of Feb 21 2026.
Newport
A table of 2-bedroom apartment rental data trends in Newport
MonthMedian Rent
March 2024$3,200
April 2024$3,231
May 2024$3,250
June 2024$3,225
July 2024$2,862
August 2024$2,780
September 2024$2,625
October 2024$2,625
November 2024$2,800
December 2024$2,925
January 2025$2,937
February 2025$2,993
March 2025$3,065
April 2025$3,275
May 2025$3,350
June 2025$3,218
July 2025$2,920
August 2025$2,835
September 2025$2,665
October 2025$2,685
November 2025$2,560
December 2025$2,675
January 2026$2,919
February 2026$2,995

Affordability calculator

Can I afford to live at 42 Kay St Apt 5?

Bedrooms

2 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

$392,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $392,000 annually to afford this 2-bedrooms monthly rent price of $9,800.
For more information on rent affordability, visit our rent calculator.

Schools near 42 Kay St Apt 5

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 42 Kay St Apt 5

Neighborhood

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

Getting around Newport near 42 Kay St Apt 5

Walking

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

Driving

6/10
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

3/10
There are a few mass transit options within the area.

Points of interest for 42 Kay St Apt 5, Newport

Groceries

8/10
At least one supermarket within a 10-minute walk

Shopping

8/10
Several shops within a few minutes’ walk

Cafes

5/10
Some cafés within a few minutes’ walk

Restaurants

6/10
Variety of restaurants within a few minutes' walk

Primary schools

9/10
At least one elementary school within a 5-minute walk

High schools

9/10
At least one high school within a 5-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

4/10
Some bars within a few minutes’ walk

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