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Location

Newport, RI 02840, USA

Tour 494 Thames St Street

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Amenities for 494 Thames St Street

Features

Has Dedicated Parking Spot

Grounds

Assigned Parking
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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Parking Policy

Assigned Parking

Dog Policy

Not allowed

Cat Policy

Not allowed

No pets allowed.

Questions about this property’s policies and fees?

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About 494 Thames St Street

HomeApartments in Newport Newport, RI 02840, USA

Here is your opportunity to experience downtown Newport in this beautifully renovated stone building featuring two bedrooms and two bathrooms. Enjoy a brand-new front balcony with a charming bistro table, along with a cozy private patio complete with green turf and fully fenced in — perfect for dog owners. Yes, this is a rare dog-friendly rental in the heart of downtown Newport. Offered fully furnished and thoughtfully stocked with everything you need, this home is designed for comfortable coastal living. The third level showcases beautiful bay views and French doors opening to a standing balcony, creating the perfect space to relax and take in the scenery. Available for summer rentals with a one-month minimum at $12,000 per month, ideally June through August at summer rates. Also available from fall through spring at $4,500 per month. One off-street parking space is included.


Address details

Zip code02840
TypeCondo for rent

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Rent trends in Newport

2-bedroom apartments at 494 Thames St Street cost about 41% more than the average rent price for 2-bedroom apartments in Newport.

Median rents as of May 9 2026.
Newport
A table of 2-bedroom apartment rental data trends in Newport
MonthMedian Rent
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$2,996
March 2026$2,975
April 2026$3,131
May 2026$3,200

Affordability calculator

Can I afford to live at Newport?

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

$180,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $180,000 annually to afford this 2-bedrooms monthly rent price of $4,500.
For more information on rent affordability, visit our rent calculator.

Schools near 494 Thames St Street

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 494 Thames St Street

Getting around RI 02840 near Newport

Walking

9/10
No car? No problem. Everything you need is within a few blocks.

Driving

8/10
This area is close to freeways and has adequate parking options.

Cycling

6/10
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 Newport, RI 02840

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

9/10
Wide variety of bars within a few minutes' walk

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