151 Ocean Road LLC
151 Ocean Rd,
Narragansett, RI 02882
Studio - 2 Beds | $2,500 - $3,500
Rental Market Trends in Narragansett, RI
Updated September 2026
The average rent in Narragansett, RI is $1,435/month.
Rent in Narragansett is roughly equal to the national average rent of of $1,665/month.
$1,435/month
Average Rent
520 Sq Ft
Average Size
+1.8%
Change / Year
41
Available Apartments
Narragansett rent varies by unit size and layout:
- Studio apartments in Narragansett average $2,500 per month.
- One-bedroom apartments in Narragansett average $1,435 per month.
- Two-bedroom apartments in Narragansett average $3,047 per month.
- Three-bedroom apartments in Narragansett average or more per month.
Average Rent by Home Type
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
Bedrooms
Average Rent
Average Sq Ft
How much has average rent changed in Narragansett, RI?
In the past year, rent has increased by 1.8%, which averages out to $26 more per month.
Market Trends Over Time
September 2026
2025
2026
Rent Ranges in Narragansett, RI
September 2026
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
0%
Below $700/month
0%
$700 - $1,000/month
50%
$1,001 - $1,500/month
0%
$1,501 - $2,000/month
50%
Above $2,000/month
What salary do I need to live comfortably in Narragansett, RI?
Because the average rent in Narragansett is $1,435, you’ll want to make about $4,783 per month or $57,396 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
How does Narragansett, RI compare to other nearby cities and neighborhoods?
Use the tool below to compare Narragansett, RI to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
View the Narragansett Area GuideCompare Rent Trends Nearby
Get a clearer picture of the area by viewing rent trends in nearby cities.
Apartment Communities in Narragansett We Think You'll Love
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Frequently Asked Questions
What is the average rent in Narragansett?
The average rent in Narragansett is $1,435 per month, which is 13.8% lower than the national average of $1,665.
What is the average rent for a house in Narragansett?
The average rent for a house in Narragansett, RI is $3,512 per month.
Are rents going up or down in Narragansett?
Rents in Narragansett, RI are increasing, with prices up 1.8% year-over-year and $26 more per month.
What rent range is most common in Narragansett?
In Narragansett, RI, 50% of apartments fall between $1,001 - $1,500/month, though prices may vary depending on location and other factors.
Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in September 2026.
Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.
* Percentages may not total 100 due to rounding.