Gross rental yield of 3.91% — ranked #34 of 37 Rhode Island ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +7.9% | +42.0% |
| Market rent | +2.8% | +47.7% |
Metro: Providence-Warwick, RI-MA · County: Newport County · Annual rent: $37,992
Similar home values, sorted by yield — the cheapest way to see if 02840 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 02871 | Portsmouth | RI | $705,040 | $3,378 | 5.75% | 17.4 | +3.5% |
| 02842 | Middletown | RI | $780,931 | $3,223 | 4.95% | 20.2 | +5.0% |
| 02806 | Barrington | RI | $822,946 | $3,070 | 4.48% | 22.3 | +2.0% |
| 02818 | East Greenwich | RI | $743,522 | $2,742 | 4.42% | 22.6 | +3.4% |
| 02879 | South Kingstown | RI | $746,392 | $2,718 | 4.37% | 22.9 | +6.1% |
| 02882 | Narragansett | RI | $888,441 | $2,606 | 3.52% | 28.4 | +4.1% |
| 02906 | Providence | RI | $825,777 | $2,386 | 3.47% | 28.8 | +5.4% |
| 02835 | Jamestown | RI | $1,221,403 | $3,500 | 3.44% | 29.1 | +9.7% |
Top rental yields in all of Rhode Island →
Screening more than one ZIP? Get every Rhode Island ZIP and all 49 other states at once. CSV, opens in Excel / Sheets / pandas. 13 columns incl. metro, county, price-to-rent, 1y & 5y value and rent growth.
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