The Point, Newport County, RI Housing Trends, Rent, Price-to-Rent

Market Summary

The Point, Newport County, RI

Median Home Price Price

$1,145,613 $1.1M

Median Monthly Rent Rent

$3,273 $3.3K

GRM

29.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Trend Insights

Median Rent in The Point, RI is $3,273, with MoM change +$11 and YoY change +$56 pointing to positive momentum while volatility is low (std $38).

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Metric

Base market The Point, RI

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Delta vs base

Median rent

$3,273

N/A

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Median price

$1,145,613

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YoY change

+$56

N/A

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Price-to-rent

29.2x

Data unavailable

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