Average Rent in Newport, MN and Rent Price Trends

Rent trends in Newport, MN

Average rent prices in Newport have increased by 4% over the last month and have increased by 13% 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, MN

Rent prices in Newport vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in Newport is $1,370, whereas a house costs $2,147. 1-bedroom apartments in Newport run $1,199 on average, while 2-bedroom apartments are $1,349.


Studio	$1,380	No Change	-
1 bedroom	$1,735	No Change	54%
2 bedroom	$1,660	2%	37%
3 bedroom	$2,200	No Change	-
4 bedroom	$2,480	-	24%

		Listings
Newport	$1,349


Apartments	$1,370	No Change	No Change
Condos	$1,870	1%	-
Houses	$2,147	1%	No Change

Studio

Average rent

$1,380

1 bedroom

Average rent

$1,735

Last 30 days

No Change

Last year

54%

2 bedroom

Average rent

$1,660

Last 30 days

Last year

37%

3 bedroom

Average rent

$2,200

Last 30 days

No Change

4 bedroom

Average rent

$2,480

Last year

24%

The table above reflects average rent prices in Newport, MN, 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, MN compare to other cities?

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

Newport

Median rent price$1,349

31%

lower than the national median

Median rent price$2,337

20%

higher than the national median

Takeaway

The median rent for all rentals in Newport, MN is 42% lower than the median rent in Bayport, MN.

Average rent in nearby cities

Explore rent trends in neighboring markets

$2,337

$1,550

$1,800

$1,632

$1,725

$1,622

$1,475

$1,525

$1,400

$1,795

$1,499

$1,350

Discover rentals in Newport, MN

5d+ ago

Apartment for rent in Newport

Updated 2BR, 1 Bath Apartment in Newport

1340 8th Ave #3, Newport, MN 55055

2 beds

1 bath

$1,195

Apartment for rent

Available May 1

4d ago

8.1

Very good

1143 7th Ave

1143 7th Ave, Newport, MN 55055

2 beds

1 bath

$1,360

Apartment for rent

5d+ ago

House for rent in Newport

630 7th Ave, Newport, MN 55055

3 beds

1 bath

$1,700

House for rent

1761 8th Avenue - 11761 8th ave #1 - Photo 1 of 1

5d+ ago

Townhouse for rent in Newport

1761 8th Avenue - 1

1761 8th Avenue - 11761 8th ave #1, Newport, MN 55055

3 beds

1 bath

$1,900

House for rent

Available Jun 1

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Frequently asked questions for Newport, MN

Quick answers to common questions about the Newport rental market.

How much is rent in Newport?

The average rent in Newport is $1,349 per month as of May 23, 2026.

Is rent up or down in Newport?

Average rent prices in Newport have increased by 4% over the last month and have increased by 13% since last year.

How does Newport rent compare to the national average?

Rent in Newport is 31% below the national average, which means renters are paying approximately $601 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 $54,000/year, based on spending no more than 30% of your income on rent.

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

Newport offers a median rent of around $1,240, providing a baseline for budget planning. The city maintains steady availability with an average of 16 listings per month, giving renters consistent options to compare.

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).