A free resource by NextGen Coastal — monthly OC rental market intelligence

Comparing Newport vs Providence vs Warwick

Live from the NGP-Rental-Data warehouse. Pick 2 to 4 cities and see them side by side.

Cities to compare (2 to 4)

Or share the URL directly: ?cities=us-ca-irvine,us-tx-austin,us-fl-miami

Headline numbers

Newport

RI

$3,284

YoY change
+9.3%
Vacancy
5.7%
2-BR rent
Cap rate
Renter share
50.2%

Providence

RI

$2,201

YoY change
+5.5%
Vacancy
6.2%
2-BR rent
Cap rate
Renter share
58.6%

Warwick

RI

$2,139

YoY change
+6.6%
Vacancy
3.5%
2-BR rent
Cap rate
Renter share
26.7%

All values from the NGP-Rental-Data warehouse. Updated March 2026. See methodology.

Rent index — overlaid, last 5 years

ZORI rent index — Newport vs Providence vs Warwick

Monthly Zillow ZORI rent index. Data updates monthly. Source: methodology.

Demographics & income

Metric NewportProvidenceWarwick
Median household income $86,313$68,119$88,708
Median age 37.232.844.3
Renter household share 50.2%58.6%26.7%
YoY rent change +9.3%+5.5%+6.6%
Cap rate (overall)
$/unit (MFR)

Demographics: Census ACS5 2019-2024. Rent & cap rate: NGP-Rental-Data warehouse (see methodology). Cells marked "—" mean the metric isn't available for that geography in any free public source we ingest.