RentYield Atlas

ZIP 02842 — Middletown, RI: rental yield & market data

Gross rental yield of 4.95% — ranked #25 of 37 Rhode Island ZIP codes. June 2026 data.

Gross rental yield
4.95%
Home value
$780,931
Market rent / mo
$3,223
Price-to-rent
20.2

Trend

Metric1-year change5-year change
Home value+5.0% +42.6%
Market rent-1.0%

Metro: Providence-Warwick, RI-MA · County: Newport County · Annual rent: $38,676

Comparable ZIP codes in Rhode Island

Similar home values, sorted by yield — the cheapest way to see if 02842 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
02871PortsmouthRI$705,040$3,3785.75%17.4+3.5%
02921CranstonRI$655,081$2,6004.76%21.0+2.3%
02806BarringtonRI$822,946$3,0704.48%22.3+2.0%
02818East GreenwichRI$743,522$2,7424.42%22.6+3.4%
02879South KingstownRI$746,392$2,7184.37%22.9+6.1%
02891WesterlyRI$637,988$2,0003.76%26.6+8.4%
02882NarragansettRI$888,441$2,6063.52%28.4+4.1%
02906ProvidenceRI$825,777$2,3863.47%28.8+5.4%

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