What are the most expensive neighborhoods in Newport, RI?

The neighborhoods with the highest median home values in Newport, RI include: Ocean Drive ($2,645,060), Lily/Almy Pond ($1,977,703), Historic Hill ($1,310,613), Old Beach ($1,176,999), Harbor/Lower Thames ($1,167,937).

What are the most affordable neighborhoods in Newport, RI?

The neighborhoods with the lowest median home values in Newport, RI include: North End ($591,628), Kerry Hill/Van Zandt ($695,888), Broadway ($759,419), Downtown ($761,665), Eustis/Easton's Pond ($994,009).

Which Newport, RI neighborhoods have the fastest growing home values?

Neighborhoods with the highest year-over-year value growth in Newport, RI include: Ocean Drive (14.6%), Kay/Catherine (11.7%), Fifth Ward (9.3%), Memorial Boulevard (8.5%), Harbor/Lower Thames (7.1%).

Ocean Drive, RI Housing Market

$2,620,844

14.0% 1-yr

The average Ocean Drive, RI home value is $2,620,844, up 14.0% over the past year. (Updated on 7/31/2026)

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Ocean Drive Key Takeaways

Typical Home Values: $2,620,844

1-Year Value Change: +14%

(Data through July 31, 2026)

Ocean Drive Housing Market Overview

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For Sale Inventory: --

New Listings: --

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(Metric availability is based on market coverage and data, housing data available for download in the Housing Data page)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Nearby Neighborhoods

NameMedian ZHVI
Lily/Almy Pond$1,918,656
Fifth Ward$992,785
Goat Island--
Harbor/Lower Thames$1,191,656
Bellevue Avenue and Estates$1,133,695
Long Wharf--
Historic Hill$1,336,030
Downtown$759,484
Rose Island--

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Ocean Drive Rental Market Trends

Average Rent: --

National Average Rent: $1,962 (July 31, 2026)

Month-Over-Month Change: --

Year-Over-Year Change: --

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.