Ocean Drive, Newport County, RI Housing Trends, Rent, Price-to-Rent

Market Summary

Ocean Drive, Newport County, RI

Median Home Price Price

$2,235,916 $2.2M

Median Monthly Rent Rent

$2,133 $2.1K

GRM

87.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in Ocean Drive, RI is $2,133, with MoM change +$14 and YoY change +$157 pointing to positive momentum while volatility is low (std $41).

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Metric

Base market Ocean Drive, RI

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Delta vs base

Median rent

$2,133

N/A

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Median price

$2,235,916

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YoY change

+$157

N/A

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Price-to-rent

87.4x

Data unavailable

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