Newport County, Rhode Island home prices
Typical home $787,185 · +6.0% in a year · property tax 0.89%
The typical home in Newport County is worth $787,185, 55% more than the Rhode Island typical home ($508,507). Values changed +6.0% in the past year and +38.0% over five years. Homeowners here pay a median 0.89% of their home's value in property tax each year ($6,990 on the typical home), versus 1.02% statewide.
Mortgage on the typical Newport County home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $157,437 | $629,748 | $4,236 | $0 | $976 | $5,212 | $223,400 |
| 10% down | $78,719 | $708,467 | $4,766 | $295 | $976 | $6,037 | $258,700 |
| 5% down | $39,359 | $747,826 | $5,031 | $312 | $976 | $6,318 | $270,800 |
| 3.5% down (FHA) | $27,551 | $772,927 | $5,200 | $348 | $976 | $6,524 | $279,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 0.89% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
What it takes: see what you can afford by salary in Rhode Island · part of the Providence metro area.
Rhode Island counties with similar prices
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Washington County | $683,840 | +5.9% | 1% |
| Bristol County | $650,424 | +3.2% | 1.29% |
| Providence County | $453,475 | +2.3% | 1.25% |
| Kent County | $441,067 | +4.4% | 1.35% |
Frequently asked questions
What is the average home price in Newport County, RI?
The typical home value in Newport County is $787,185 (Zillow Home Value Index, September 2026).
How much do you need to earn to buy a house in Newport County?
About $223,400 a year for the typical home with 20% down at a 7.11% 30-year rate.
What is the property tax rate in Newport County?
The median effective rate is 0.89% of home value a year (Census ACS 2024 5-year estimates).