Average Rent in Newport, KY and Rent Price Trends

Rent trends in Newport, KY

Average rent prices in Newport have decreased by 3% over the last month and have increased by 7% since last year.

Rent trends

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Compare rent prices in
Newport, KY

Rent prices in Newport vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Newport is $1,525, whereas a house costs $1,900. 1-bedroom apartments in Newport run $1,404 on average, while 2-bedroom apartments are $1,595.


Studio	$1,310	20%	23%
1 bedroom	$1,404	2%	43%
2 bedroom	$1,700	9%	4%
3 bedroom	$2,037	24%	12%
4 bedroom	$2,750	10%	37%


Apartments	$1,525	2%	No Change
Condos	$1,600	3%	No Change
Houses	$1,900	2%	No Change

Studio

Average rent

$1,310

Last 30 days

20%

Last year

23%

1 bedroom

Average rent

$1,404

Last 30 days

Last year

43%

2 bedroom

Average rent

$1,700

Last 30 days

Last year

3 bedroom

Average rent

$2,037

Last 30 days

24%

Last year

12%

4 bedroom

Average rent

$2,750

Last 30 days

10%

Last year

37%

The table above reflects average rent prices in Newport, KY, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.

How does rent in Newport, KY compare to other cities?

Compare median rent prices in Newport and Bellevue by all bedroom counts and property types.

Newport

Median rent price$1,624

17%

lower than the national median

Median rent price$1,599

18%

lower than the national median

Takeaway

The median rent for all rentals in Newport, KY is 2% higher than the median rent in Bellevue, KY.

Average rent in nearby cities

Explore rent trends in neighboring markets

$1,599

$1,100

$1,395

$1,625

$1,644

$1,475

$1,724

$1,395

$1,555

$1,700

$1,477

$1,520

Discover rentals in Newport, KY

Churchill Property Group LLC - Photo 1 of 1

2d ago

7.3

Very good

Churchill Property Group LLC

1407 Grand Ave, Newport, KY 41071

1–2 beds

1 bath

$775–$1,075

Apartment for rent

2d ago

House for rent in Newport

937 Ann St, Newport, KY 41071

2 beds

1 bath

$1,400

House for rent

5d+ ago

Apartment for rent in Newport

814 Washington - 2

814 Washington Ave #2, Newport, KY 41071

2 beds

2 baths

$1,675

$1,500

Price drop

Apartment for rent

Available May 15

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Frequently asked questions for Newport, KY

Quick answers to common questions about the Newport rental market.

How much is rent in Newport?

The average rent in Newport is $1,624 per month as of May 23, 2026.

Is rent up or down in Newport?

Average rent prices in Newport have decreased by 3% over the last month and have increased by 7% since last year.

How does Newport rent compare to the national average?

Rent in Newport is 17% below the national average, which means renters are paying approximately $325 less per month.

What salary do I need to afford rent in Newport?

To comfortably afford rent in Newport, you'd need to earn approximately $65,000/year, based on spending no more than 30% of your income on rent.

When is the best time of year to rent in Newport?

The average rent for a 1-bedroom apartment in Newport, KY is $1,617, while a 2-bedroom apartment averages $1,935.

Methodology

Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.

Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).