Rent & Home Prices in Rhode Island
2 metro areas · Sorted by average 2BR rent
Rhode Island has 2 rental markets tracked by HUD Fair Market Rents. The average 2-bedroom apartment across Rhode Island costs $2,170/month in 2026. Westerly is among the most affordable metros with 2-bedroom rents averaging $1,832/month, while Newport has some of the highest rents in the state at $2,507/month. Use the table below to compare rent prices across all Rhode Island metro areas by bedroom size. Data is sourced from HUD Fair Market Rents and updated annually.
| # | City / Metro | Studio | 1BR | 2BR | 3BR | 4BR | Pop. |
|---|---|---|---|---|---|---|---|
| 1 | Westerly Westerly-Hopkinton-New Shoreham, RI HUD Metro FMR Area | $1,391 | $1,400 | $1,832 | $2,325 | $2,758 | 1,673,807 |
| 2 | Newport Newport-Middleton-Portsmouth, RI HUD Metro FMR Area | $1,904 | $1,916 | $2,507 | $3,327 | $3,981 | 85,095 |
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