Bellevue Ave / Memorial Blvd W median real estate price is $549,994, which is more expensive than 97.5% of the neighborhoods in Rhode Island and 90.9% of the neighborhoods in the U.S.
The average rental price in Bellevue Ave / Memorial Blvd W is currently $1,525, based on NeighborhoodScout's exclusive analysis. The average rental cost in this neighborhood is higher than 90.4% of the neighborhoods in Rhode Island.
Bellevue Ave / Memorial Blvd W is a suburban neighborhood (based on population density) located in Newport, Rhode Island. This is a coastal neighborhood (i.e., is on the ocean, a bay, or inlet).
Bellevue Ave / Memorial Blvd W real estate is primarily made up of small (studio to two bedroom) to medium sized (three or four bedroom) apartment complexes/high-rise apartments and single-family homes. Most of the residential real estate is occupied by a mixture of owners and renters. Many of the residences in the Bellevue Ave / Memorial Blvd W neighborhood are relatively historic, built no later than 1939, and in some cases, quite a bit earlier. A number of residences were also built between 1970 and 1999.
Vacant apartments or homes are a major fact of life in Bellevue Ave / Memorial Blvd W. The current real estate vacancy rate here is 22.3%. This is higher than the rate of vacancies in 88.2% of all U.S. neighborhoods. A relatively large percentage of housing here is seasonally occupied (19.0%). This can occur in vacation areas, and occasionally it is also found in neighborhoods that are primarily filled with college students, as some apartments could be vacant when school is not in session. If you live here year round, you may find that a number of buildings in your neighborhood are actually empty.