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Location

56 Prospect Hill St, Newport, RI 02840, USA

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Amenities for 56 Prospect Hill St

Features

Utilities Included
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.

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REQUIRED FEES

Security Deposit

One-time. Refundable.

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Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

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About 56 Prospect Hill St

HomeHouses in Newport 56 Prospect Hill St, Newport, RI 02840, USA

~ All utilities included ~ Wi-Fi and YouTube TV included ~ Welcome to the ultimate Newport basecamp! This stylish 2-bedroom, 2-bath townhouse puts you right in the heart of the City by the Sea. Walk to world-class restaurants, boutique shopping, or the waterfront in mere minutes. No car needed to get to the fun, but when you do need one, you've got parking for two. After a full day of exploring, retreat to your private second-level porch: the perfect perch for morning coffee, evening cocktails, or soaking in the Newport energy from above. With two full bathrooms and laundry in-unit, this townhouse is ideal off-season offering for anyone who wants to live like a local in one of the most sought-after destinations on the East Coast. Newport is calling...heed the call. ~ Winter rental 2026-27 ~


Address details

Zip code02840
TypeHouse for rent

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Rent trends in Newport

2-bedroom apartments at 56 Prospect Hill St cost about 26% less than the average rent price for 2-bedroom apartments in Newport.

Median rents as of Jul 18 2026.
Newport
A table of 2-bedroom apartment rental data trends in Newport
MonthMedian Rent
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$2,996
March 2026$2,975
April 2026$3,131
May 2026$3,120
June 2026$3,156
July 2026$3,216

Affordability calculator

Can I afford to live at 56 Prospect Hill St?

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

$100,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $100,000 annually to afford this 2-bedrooms monthly rent price of $2,500.
For more information on rent affordability, visit our rent calculator.

Schools near 56 Prospect Hill 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 56 Prospect Hill St

Getting around Newport near 56 Prospect Hill St

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

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

Points of interest for 56 Prospect Hill St, Newport

Groceries

8/10
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 10-minute walk

High schools

8/10
At least one high school within a 10-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

6/10
Several bars within a few minutes’ walk

Explore the area around 56 Prospect Hill St

Black Dog General Stores
33 Bannisters Wharf
Stop & Shop Supermarket
250 Bellevue Ave
Leo's Market
162 Broadway
Stop & Shop Supermarket
199 Connell Hwy
Aquidneck Meat Market Inc
800 Aquidneck Ave

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