Cheap Homes for Rent in Block Island, RI from $1,400 (13 Rentals)

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Search the lowest-cost Homes available for rent right now in Block Island.

property at 901 Stonington Rd

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

Studio, 1 Bath Home for Rent

Available Now

901 Stonington Rd

StoningtonCT06378
property at 27 Gled Hill St

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

Studio, 1 Bath Home for Rent

Available Now

27 Gled Hill St

StoningtonCT06355

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 252 N Water St

$2,000

Total Monthly Price

Total Monthly Price

Base Rent
$2,000

Total Monthly Price
$2,000

1 Bedroom Rentals

Available Now

252 N Water St

StoningtonCT06378

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

property at 50 Perkins Farm Dr

$2,200 - $3,500

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$2,200

Total Monthly Price
$2,200

1 To 3 Bedroom Rentals

Available Now

50 Perkins Farm Dr

StoningtonCT06355

Block Island, RI Local Guide

Cheapest Available Block Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Block Island, RI is a 1 Bed unit found at Pequot Village priced from $1,200. GoodHomes Groton has the second lowest priced unit, which is a Studio apartment currently listed from $1,335. Here is today’s list of the most affordable Block Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Pequot VillageOne Bedroom1BR,1BA$1,200
GoodHomes GrotonS2Studio,1BA$1,335
La Triumphe Apartments1 Bedroom1BR,1BA$1,375
Fox Run Apartments2 BEDROOMS2BR,1BA$1,385
Poquonnock Village Senior and Family Housing1 Bed, 1 bath1BR,1BA$1,565

Best Value Apartments for Rent in Block Island, RI and Nearby

As of December 24, 2025 the best value apartment in the Block Island area is the $1.87 price per square foot 2BR 1.5 BA Model at The Village at Bluff Point in the starting from $2,995. The second greatest value Block Island apartment is the Two Bedroom Model at Bridge Landing starting at $2,800 with a $1.75 price per square foot . Here is today’s list of the best values for Block Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Village at Bluff Point2BR 1.5 BA2BR,1.5BA$1.87
Bridge LandingTwo Bedroom2BR,2.5BA$1.75
Toll Gate Estates2 Bedroom Townhome2BR,1.5BA$1.55
The URI Townhouses3 Bedroom Summer3BR,2.5BA$0.62
Fort Adams at NAVSTA Newport Family Homes3 Bed Townhouse Utilities Included3BR,2.5BA$2.25
Groton TowersBoston2BR,1BA$2.01
Sutton PlaceREMODELED 2BD WD in unit2BR,1BA$1.78
Fox Run Apartments2 BEDROOMS2BR,1BA$1.63
Bayside Village1 Bed, 1 bath1BR,1BA$2.14
Pequot VillageOne Bedroom1BR,1BA$1.74

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Block Island, RI Rentals by Map

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Frequently Asked Questions about Block Island

What type of rentals are currently available in Block Island?

There are currently 40 Apartments for Rent in Block Island, RI with pricing that ranges from $1,200 to $4,793. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in Block Island ranging from $1,400 to $87,500.

What is the current price range for Rental Homes in Block Island?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Block Island ranges from $1,400 to $87,500 with an average monthly rent of $17,139.

How much are larger Three and Four Bedroom Rentals in Block Island?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Block Island range from $1,890 to $4,275, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $48,000. Four Bedroom Single-Family rentals are also available starting from $4,800 and Four Bedroom Apartments start at $2,245.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!