Cottage Grove Apartments and Townhomes
614 Peninsula Dr,
Newport News, VA 23605
1-2 Beds | $923 - $1,210
Rental Market Trends in Newport News, VA
What is the average rent in Newport News, VA?
$1,241/month
Average Rent
690 Sq Ft
Average Apartment Size
+3.1%
Increase in the Last Year
As of July 2025, the average rent in Newport News, VA is $1,241 per month. This is 24% lower than the national average rent of $1,637/month, making renting in Newport News more affordable than most cities in the US. When you rent an apartment in Newport News, you can expect to pay about $946 per month for a studio, $1,241 for a one-bedroom apartment, and around $1,387 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,721 or more.
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
Floor Plan Type
Average Rent
Average Sq Ft
How much has average rent changed in Newport News, VA?
In the past year, rent has increased by 3.1%, which averages out to $39 more per month.
Market Trends Over Time
The chart below compares average rent prices to the previous year during the same time period.
Last Updated July 2025
Legend
2024
2025
Rent Ranges in Newport News, VA
Last Updated July 2025
$1,001 - $1,500
Most rental prices fall within this range
Percentage*
Rent Range
6%
Below $700/month
16%
$700 - $1,000/month
55%
$1,001 - $1,500/month
21%
$1,501 - $2,000/month
3%
Above $2,000/month
Rent by Neighborhood
Last Updated Today
What are the most affordable neighborhoods in Newport News?
Based on current rent prices, Briarfield, East Hilton and Charter Oak are the most affordable neighborhoods in Newport News.
Neighborhood
Average Rent
Average Sq Ft
What are the most expensive neighborhoods in Newport News?
Based on current rent prices, Kiln Creek, Downtown Newport News and West Avenue are the most expensive neighborhoods in Newport News.
Neighborhood
Average Rent
Average Sq Ft
Which Newport News neighborhoods have the most rentals available?
The neighborhoods in Newport News with the most apartments available are Downtown Newport News, West Avenue and Deer Park .
Neighborhood
Average Rent
Average Sq Ft
What salary do I need to live comfortably in Newport News, VA?
Because the average rent in Newport News is $1,241, you’ll want to make about $4,136 per month or $49,632 per year. The general guideline is to pay no more than 30 percent of your monthly income on rent. However, you’ll want to consider additional factors, such as your monthly bills and other expenses. Use our rent affordability calculator to help determine how much to budget for rent.
Cost of Living
The cost of living in Newport News, VA is 6.3% lower than the national average. Generally, housing in Newport News is 18.1% less expensive than the national average, with rent falling between $946 - $1,721. You can expect to pay 1.6% less for groceries, 4.0% more for utilities, and 4.1% less for transportation.
How does Newport News, VA compare to other nearby cities and neighborhoods?
Use the tool below to compare Newport News, VA to other nearby cities and neighborhoods. The Apartments.com neighborhood guides provide you with insight into the area’s transportation, things to do, and more.
Studio
-
-
One Bedroom
$1,050/month
$1,464/month
Two Bedroom
$1,200/month
$1,570/month
Three Bedroom
$1,466/month
$1,832/month
Nearby City Rent Trends
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Methodology
† Our analysis of utilities, groceries, transportation, healthcare, home prices, and other goods and services is sourced from the Cost of Living Index, a respected benchmark published by the Council for Community and Economic Research (C2ER) that provides a thorough overview of living expenses across different regions.
Rent data is provided by CoStar Group’s Market Trend reports. As the industry leader in commercial real estate information, analytics, and news, CoStar conducts extensive research to produce and maintain a comprehensive database of commercial real estate information. We combine this data with public record to provide the most up-to-date rental information available.
Consumer goods, services, and home prices are sourced from the Cost of Living Index published by the Council for Community and Economic Research (C2ER). The data on this page is updated quarterly. It was last published in June 2025.
* Percentages may not total 100 due to rounding.