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Home / Providence Area Apartments / Newport / 40 Grafton Ave
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Updated 1 hour ago

40 Grafton Ave


Newport, RI

2 Bed
•
2 Bath

1,360 Sq. Ft.

Available starting Sep. 1st
Floor plans
2 Beds • 2 Bath
$4,000
1360 ft2
1 Available
Managed By: avail
Newport Cottage - steps from the water and downtown
$4,000
Available Sep 1st, 2026
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40 Grafton Ave
40 Grafton Ave
40 Grafton Ave
Fees & leasing info
Lease & Fees
Security Deposit: $4,000.00
Property details
Description

Available Sept - May Winter rental. This beautifully renovated 3-bedroom, 2-bath home is available as a furnished winter rental in Newport's sought-after Fifth Ward neighborhood. Ideally situated just steps from King Park, Newport Harbor, and Thames Street, the home offers both comfort and convenience. The first floor features an open layout with gleaming hardwood floors, a modern kitchen with white shaker cabinets, granite countertops, and stainless-steel appliances, and a dining area with sliding glass doors leading to a raised deck. Upstairs, you'll find three bedrooms, including a spacious master suite. Additional highlights include a first-floor washer and dryer, efficient gas heating, central air conditioning, off-street parking, and a large yard perfect for relaxing. This is a special opportunity to enjoy a well-appointed home in a prime Newport location.

Additional Details
Total Unit Count: 1
Last Updated: Updated 1 hour ago
Contact Number: (401) 556-9563
Internet Providers
Provider Max Download Speed (Mbps) Max Upload Speed (Mbps)
Cox Communications, Inc. 1000.0 35.0
ViaSat, Inc. 35.0 3.0
Hughes Network Systems, LLC 25.0 3.0
Verizon Communications Inc. 7.0 0.768
VSAT Systems, LLC 2.0 1.3
Data from June 2020 provided by the FCC
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Affordability
To comfortably afford an apartment, we recommend having at least three times your monthy rent in gross household income.
View suggested annual incomes for 40 Grafton Ave by bedroom type below.
2 Bedroom
Suggested income:
$144,000
per year
Rent report

40 Grafton Ave Rent vs. Newport Average

 40 Grafton Ave      Newport Average
2BR
$4,000
$2,546
$0
$1,300
$2,600
$3,900
$5,200

40 Grafton Ave is asking 57% more than the average 2 bedroom apartment in Newport.

If you upsized to an average priced Newport 3 bedroom apartment, you would pay 45% more per month.

If you downsized to an average priced Newport 1 bedroom apartment, you would pay 31% less per month.

40 Grafton Ave provides 29% more square footage than the average Newport 2 bedroom apartment.

Monthly Rent Rent per Sq. Ft. Suggested
Monthly Income
40 Grafton Ave
2BR $4,000 $2.90 $12,000
Newport Average
1BR $1,950 $2.40 $5,850
2BR $2,546 $2.40 $7,637
3BR $4,650 $3.10 $13,950
4BR $3,950 $2.80 $11,850

Availability in Newport

In order to find the best deal, you need to know what types of units are available. Property managers may be willing to give concessions if they have many vacant units.

There are currently 6 2BR units on the market in Newport. If you're looking to negotiate, this may be your best option.

1BR
2BR
3BR
4BR
21% 43% 21% 7%
Available Units in Newport
1BR 3
2BR 6
3BR 3
4BR 1
FAQs
Is this property currently leasing units?
Yes, there is 1 unit available at this property.
How many units are move-in ready in the next 2 months?
This property has 1 unit available for move-in on September 01, 2026.
What's the square footage of the available units?
It's 1,360 square feet.
Does this property allow cats or dogs?
The property manager did not submit a pet policy with this listing.
How many bedrooms are in the available units?
There are 2 bedroom units available.
How many bathrooms are in the available units?
There are 2 bathroom units available.
What's the monthly rent at this property?
40 Grafton Ave has a 2 bedroom unit starting at $4,000.
Where is this property located?
This property is at 40 Grafton Ave in Newport, RI. It's 1.0 miles south from the center of Newport.
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