
Cheap Homes for Rent in Block Island, RI from $1,400 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Block Island.


27 Gled Hill St

271 Great Island Rd

72 Elm Rd

115 Winnapaug Rd

69 Longview Dr
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.

39 Salt Pond Way

278 Charlestown Beach Rd

57 Sheila Dr

67 Twin Peninsula Ave

252 N Water St

49 Shore Rd
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.

50 Perkins Farm Dr
Block Island, RI Local Guide

How much does it cost to rent a home in Block Island?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Block Island 2 Bedroom Homes for Rent | $2,823 | $1,900 | $8,500 |
| Block Island 3 Bedroom Homes for Rent | $6,057 | $1,900 | $10,000+ |
| Block Island 4 Bedroom Homes for Rent | $29,016 | $4,800 | $10,000+ |
| Block Island 5 Bedroom Homes for Rent | $70,000 | $10,000 | $10,000+ |
Browse Top Homes for Rent in Block Island
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Block Island, RI Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pequot Village | One Bedroom | 1BR,1BA | $1,200 |
| GoodHomes Groton | S2 | Studio,1BA | $1,335 |
| La Triumphe Apartments | 1 Bedroom | 1BR,1BA | $1,375 |
| Fox Run Apartments | 2 BEDROOMS | 2BR,1BA | $1,385 |
| Poquonnock Village Senior and Family Housing | 1 Bed, 1 bath | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Village at Bluff Point | 2BR 1.5 BA | 2BR,1.5BA | $1.87 |
| Bridge Landing | Two Bedroom | 2BR,2.5BA | $1.75 |
| Toll Gate Estates | 2 Bedroom Townhome | 2BR,1.5BA | $1.55 |
| The URI Townhouses | 3 Bedroom Summer | 3BR,2.5BA | $0.62 |
| Fort Adams at NAVSTA Newport Family Homes | 3 Bed Townhouse Utilities Included | 3BR,2.5BA | $2.25 |
| Groton Towers | Boston | 2BR,1BA | $2.01 |
| Sutton Place | REMODELED 2BD WD in unit | 2BR,1BA | $1.78 |
| Fox Run Apartments | 2 BEDROOMS | 2BR,1BA | $1.63 |
| Bayside Village | 1 Bed, 1 bath | 1BR,1BA | $2.14 |
| Pequot Village | One Bedroom | 1BR,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 ArticleThe 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.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Block Island, RI Rentals by Map
See the most popular apartments and homes in Block Island, RI
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

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.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!