Newport Homes under $500,000

**Discover Newport, Rhode Island: A Coastal Gem with Affordable Homes**

Nestled along the stunning coastline of Rhode Island, Newport is a vibrant city that seamlessly blends rich history with modern charm. Known for its breathtaking ocean views, historic mansions, and vibrant arts scene, Newport is a destination that captivates residents and visitors alike. The city boasts a lively downtown area filled with boutique shops, gourmet restaurants, and lively waterfront activities, making it a hub of cultural and recreational pursuits.

What’s even more exciting is that Newport offers a variety of homes under $500,000, making it an accessible option for first-time homebuyers, families, and those looking to invest in a coastal lifestyle. From quaint cottages to charming bungalows, the real estate market in Newport presents unique properties that reflect the city’s rich architectural heritage. Imagine waking up to the sound of waves and enjoying picturesque sunsets from your own backyard—all without breaking the bank!

Newport’s neighborhoods are as diverse as its residents, each with its own character and charm. Whether you prefer the historic allure of the Hill neighborhood or the family-friendly atmosphere of the Fifth Ward, you’re sure to find a home that suits your lifestyle. With excellent schools, beautiful parks, and a strong sense of community, Newport is not just a place to live; it’s a place to thrive.

Explore the possibilities of calling Newport home today. With homes under $500,000, your dream of coastal living is closer than you think! Embrace the Newport lifestyle and start your journey in this enchanting city.

Newest Newport Homes under $500,000

$495,000

2 Beds ⋅ 1 Baths

Set in Newport's stately Historic Hill neighborhood, this completely renovated 2-bedroom, 1-bath condo offers the perfect blend of historic charm and modern updates. Featuring hardwood floors throughout, quartz countertops, tile backsplash, gas cooking, custom storage in each bedroom, a tiled shower, and an in-unit washer/dryer combo. Enjoy your own private rooftop deck, perfect for relaxing or entertaining. Ideally located within walking distance to Bellevue Avenue, Broadway, and Thames Street, this move-in-ready condo is perfect for a primary residence, vacation home, or Newport getaway.

9 Whitfield Place Unit 5, Newport

Listing courtesy of Lila Delman Compass. Contact: 401-862-7428

$385,000

2 Beds ⋅ 2 Baths

Turnkey 2-Bedroom Townhouse Prime Newport Location!! Perfect for first-time buyers, investors, or second-home owners! This beautifully updated 2-bed, 1.5-bath townhouse is located in the desirable Bridgeview Condominiums in Newport's North End just minutes to downtown, beaches, shopping, dining, and the Naval Station. Commuters will love the easy access to the Newport Bridge, Route 138, and public transportation. Step through your private entrance into a bright foyer with cathedral ceilings, skylight, and smart storage, including a spacious under-stair area. The open main level features a renovated eat-in kitchen with new cabinets, Allen & Roth countertops, stainless appliances, tile flooring, backsplash, and recessed lighting. The sunny living/dining area boasts parquet wood floors, and the chic half bath includes Italian tile, updated vanity, and modern fixtures. Upstairs: enjoy soaring ceilings, a large primary bedroom with custom closet, a spacious second bedroom, and a fully renovated bath with soaking tub, Italian tile, and updated vanity. The laundry room offers bonus storage. Additional perks include an updated electrical panel, freshly painted ceilings, assigned off-street parking, and professional management for low-maintenance living. Move-in ready and full of value don't miss this opportunity! Schedule your showing today.

66 Girard Avenue Unit 312, Newport

Listing courtesy of RE/MAX Profnl. Newport, Inc.. Contact:

$425,000

1 Beds ⋅ 1 Baths

A downtown Newport condo in a location that's hard to beat! Within just one block, you'll find shopping, dining and nightlife, along with parks, Trinity Church, the Newport Art Museum and more. Vaulted ceilings and skylights give the space an airy, bright feel, while in-unit laundry and private storage below add everyday convenience. An ideal pied- -terre, weekend getaway or in-town home, this is a great opportunity to own your own slice of Newport history right in the heart of it all.

85 Mill Street Unit 3, Newport

Listing courtesy of Hogan Associates Christie's. Contact: 401-662-7218

$395,000

2 Beds ⋅ 2 Baths

Nicely Updated Bridgeview Condo Near Newport Navy Base and Downtown Newport. 2 Spacious Bedrooms, 1.5 Baths with Open Living Room /Dinina Area, Nearly New Windows, Updated Heating and AC and Granite Kitchen Counters. Hardwoods and Carpet Throughout. Water and Sewer Included in Condo Fee. Tenant in Place Requiring Notice to Show. Great Residential Condo or Investment Property. See Interior Photos at MLS #1395774 - Rental In Place.

66 Girard Avenue Unit 417, Newport

Listing courtesy of Hogan Associates Christie's. Contact: 401-345-6886

$495,000

2 Beds ⋅ 1 Baths

Looking to own in Newport? This updated first-floor, 2-bedroom condo offers a comfortable layout, outdoor space, and a convenient location close to Broadway, Downtown Newport, the Navy Base, and the Newport Bridge. Low-maintenance living, move-in-ready, and available now for it's next owner! Inside, hardwood floors run throughout much of the living space, while the kitchen features granite countertops, stainless steel appliances, and an open connection to the main living area. Two good-sized bedrooms offer solid closet space, and the full bathroom includes a double vanity and water closet. In-unit laundry, gas heat, central air conditioning, additional storage, and dedicated off-street parking add to the everyday convenience. Outside, enjoy your own deck and patio space, a great extension of the living area during the warmer months. Pets are permitted with association approval. HOA fee covers water/sewer, grounds maintenance, parking, snow removal, master insurance. Whether you're searching for a primary residence, second home, or a convenient home base near Downtown Newport, this move-in-ready condo offers flexibility, value, and an opportunity to own on Aquidneck Island. Schedule your showing and come see it for yourself!

125 Van Zandt Avenue Unit 201, Newport

Listing courtesy of RE/MAX Results. Contact:

$389,900

2 Beds ⋅ 1 Baths

Don't miss out on this 2 bedroom Newport condo located in the popular 5th Ward, just steps from downtown and close to everything the City By The Sea has to offer. Walk to town or bike to the beaches. 2nd Floor, open floor plan with heat, water and professionally maintained grounds included in the HOA fee. Private storage and laundry in building, 2 on-site parking spaces. Current lease through March 2027 ($2,300)

70 Carroll Avenue Unit 307, Newport

Listing courtesy of RI Real Estate Services. Contact:

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