Affordable & Income-Based Housing in Newport

Affordability in Newport, RI

Newport has a median monthly rent of $1,698 and a median household income of $86,313 per year, according to Census ACS 5-Year data (2024). Renters make up 50% of occupied households, meaning affordable and income-restricted options play a significant role in the local housing market.

Safety

According to FBI Crime Data Explorer, the Newport Police Department reported a violent crime rate of 176 per 100,000 residents in 2024. Keep in mind that crime rates are not directly comparable across cities due to differences in reporting practices and local definitions.

Getting Around Newport

According to Walk Score, the area around assisted properties in Newport scores 71 (Very Walkable), 37 for Transit (Some Transit), and 62 for Biking. Scores reflect conditions near the assisted properties, not the city as a whole.

Schools

According to NCES Common Core of Data, 4 public schools across 1 district serve Newport, including 1 elementary, 1 middle, and 2 high schools. Ratings vary by school, so renters should check which schools are assigned to a specific address before applying.

Cost of Living in Newport, RI

Newport is a high-cost coastal city. The median household income is $86,313 and the median gross rent is $1,698 per month, according to Census ACS 5-Year estimates. About 50% of Newport residents rent their homes.

Affordable and income-based housing can significantly reduce housing costs for eligible renters. Rents at HUD-assisted and LIHTC properties are set based on area median income limits rather than market rates, making them well below the citywide median for qualified households.

Flood and Environmental Exposure

All 7 affordable housing properties in Newport have been mapped for flood risk. Of those, 1 property falls within a high-risk flood zone -- not surprising for a coastal city. Renters considering that property should ask about flood insurance requirements and building-level flood mitigation measures.