ZIP Code · RI

ZIP 02871

Part of Portsmouth, RI

Pop. 17,488·Newport County·5th most expensive ZIP in Rhode Island

Median rent (all units)

$2,887/mo

Year-over-Year

Stable

Month-over-Month

+1.6%

vs US Median

+$955

Reported rents

Rising (Monthly)

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Most AffordableMost Expensive

ZIP 02871 · $2,887

More expensive than 88% of US ZIP codes · National median $1,932/mo

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Medians by bedroom

Rent by unit size

Studio

$1,790

1 BR

$1,810

2 BR

$2,370

3 BR

$3,210

4 BR+

$3,680

Research median

$2,370/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($116,831) is $2,921 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($2,370); a 3-bedroom is $3,210.

Cheaper nearby

ZIP 02721, 8 miles away, rents for 36% less ($1,842/mo), about $12,500 a year in savings.

From Zillow's monthly rent index (ZORI) for ZIP 02871. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost

$34,644/yr

At $2,887/mo median

Location

CityPortsmouth

StateRI

CountyNewport County

Rent Market Meter

Landlord's Market

Renter's MarketBalancedLandlord's Market

Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.

Based on rent-price momentum (+0.0% YoY, +1.6% MoM), not inventory.

Demographics

Who lives here

ZIP 02871 (Portsmouth, RI) is majority owner-occupied, has a large retiree population, has a median income above the national average, 62.1% of residents hold a bachelor's degree or higher.

Population

17,488

Median income

$116,831

Median age

47.7

Renters

19.5%

Age distribution

19%

16.1%

23.7%

15%

26.2%

Under 1819%

18–3416.1%

35–5423.7%

55–6415%

65+26.2%

Gender

50.3%

49.7%

Male50.3%

Female49.7%

Race & ethnicity

88.3%

White88.3%

Hispanic5.7%

Asian1.7%

Other3.9%

Education (25+)

14.9%

19.9%

62.1%

No HS diploma3.1%

HS diploma14.9%

Some college19.9%

Bachelor's+62.1%

Housing tenure

80.5%

19.5%

Owner80.5%

Renter19.5%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How ZIP 02871 in Portsmouth, RI has changed in 5 years

Income

$104,677 → $116,831

up 11.6%

Population

17,674 → 17,488

down 1.1%

Renter share

19.1% → 19.5%

+0.4 pts

Bachelor's+

54.9% → 62.1%

+7.2 pts

Median age

48.4 → 47.7

-0.7 yrs

Census figures show median household income at $116,831 today, compared with $104,677 five years earlier. The population has contracted by 1.1% since 2021, moving from about 17,674 residents to roughly 17,488. College-educated residents now make up 62.1% of adults here, versus 54.9% in 2021.

Community

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Local insights

Tips for renters in ZIP 02871

About renting in ZIP 02871

Last updated: October 17, 2026

ZIP code 02871 covers Portsmouth, RI. The median rent here is $2,887/mo as of October 2026. A 1-bedroom rents for a median of $1,810/mo. A 2-bedroom rents for a median of $2,370/mo.

At 30% of local median household income ($116,831/yr), ZIP 02871 ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

How much income do you need to rent in ZIP 02871?

To keep rent at or below 30% of gross income, you would need to earn at least $115,000/year (about $55/hour full-time) to afford the median rent of $2,887/mo in ZIP 02871. The local median household income is $116,831/yr, so the typical household meets that bar.