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Location

492 Thames St #4, Newport, RI 02840, USA

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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 492 Thames St ##4

HomeApartments in Newport 492 Thames St #4, Newport, RI 02840, USA

Available September 2026 - May 2027. If you're looking to be in the heart of downtown Newport look no further than 492 Thames Street. This sun-soaked top floor condominium is located on Thames Street directly across from O’Brien’s Pub and Waite’s Wharf. The space offers a recently updated kitchen and is highlighted by a private balcony with water views of Newport harbor, hardwood floors, in-unit laundry, one off-street parking space and incredible natural light throughout the condominium. Sorry no pets. Tenant responsible for heat (electric), electric, and water/sewer.


Address details

Zip code02840
TypeCondo for rent

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Rent trends in Newport

2-bedroom apartments at 492 Thames St ##4 cost about 13% less 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 492 Thames St #4?

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

$104,000/yr

With your selected rent-to-income ratio, you'd ideally want to make $104,000 annually to afford this 2-bedrooms monthly rent price of $2,600.
For more information on rent affordability, visit our rent calculator.

Schools near 492 Thames St ##4

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 492 Thames St ##4

Getting around Newport near 492 Thames St #4

Walking

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

Driving

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

Cycling

6/10
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 492 Thames St #4, Newport

Groceries

8/10
At least one supermarket within a 15-minute walk

Shopping

7/10
Several shops within a few minutes’ walk

Cafes

4/10
Some cafés within a few minutes’ walk

Restaurants

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

Primary schools

4/10
At least one elementary school within a 20-minute walk

High schools

5/10
At least one high school within a 20-minute walk

Parks

7/10
Large amount of park space nearby

Nightlife

8/10
Several bars within a few minutes’ walk

Explore the area around 492 Thames St #4

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

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