Broadway, Newport County, RI

Median Home Price Price

$676,620 $676.6K

Median Monthly Rent Rent

$2,329 $2.3K

24.0x

Market Snapshot

Broadway, Newport County, RI is a neighborhood market with a median home price of $676,620, a median monthly rent of $2,329, a GRM of 24.0x, and a price-to-rent ratio of 24.2.

Comparable Markets

Use related neighborhood markets across same-county, in-state, and outside-state scopes as a starting point for side-by-side review of price, rent, GRM, and recent trend context.

More markets to explore

Explore the data
Region Show
Kerry Hill/Van Zandt
$640K $2.2K 25.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Globe District, Providence County, RI
$362K $1.6K 19.0x
South Elmwood, Providence County, RI
$383K $1.5K 21.0x
Bernon District, Providence County, RI
$370K $1.7K 18.0x

Home prices

Monthly rent

GRM = home price / annual rent

Region Show
Elm Street, Middlesex County, MA
$604K $2.4K 21.0x
Slab Town, Grand Traverse County, MI
$563K $1.7K 28.0x
South East, Middlesex County, MA
$749K $2.2K 28.0x

Home prices

Monthly rent

GRM = home price / annual rent

Broadway

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Benchmark comparison

Rent in Broadway, RI is 7.2% higher than Kerry Hill/Van Zandt, RI.

Compare to Kerry Hill/Van Zandt, RI
Broadway, RI
Kerry Hill/Van Zandt, RI
Delta
Median rent
$2,329
$2,172
-$157
Median price
$676,620
$639,648
-$36,972
YoY change
+$101
+$166
+$65
Price-to-rent
24.2x
24.5x
+0.3x

Key takeaways

  • Broadway, Newport County, RI has a higher-grm screening profile: At 24.0x GRM, current rent may provide less support for the purchase price.
  • Higher GRM is not automatically negative; it may reflect appreciation expectations, scarcity, or lifestyle premium.
  • Rent momentum is positive, with median rent up about $101 year over year.
  • Rent in Broadway, RI is 7.2% higher than Kerry Hill/Van Zandt, RI.