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Rental Market Trends in Newport, OR

What is the average rent in Newport, OR?

$1,469/month

Average Rent

568 Sq Ft

Average Apartment Size

+0.1%

Increase in the Last Year

As of January 2026, the average rent in Newport, OR is $1,469 per month. For comparison, the national average rent price in the US is currently $1,624/month, which means Newport rent prices are 10% lower than the national average. When you rent an apartment in Newport, you can expect to pay about per month for a studio, $1,469 for a one-bedroom apartment, and around $1,531 for a two-bedroom apartment. If you opt for a three-bedroom rental, you could pay $1,901 or more.

Floor Plan Type
Average Rent
Average Sq Ft
One Bedroom
$1,469/month
568 Sq Ft
Two Bedroom
$1,531/month
863 Sq Ft
Three Bedroom
$1,901/month
1,084 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, OR?

In the past year, rent has increased by 0.1%, which averages out to $1 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 January 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Newport, OR
Last Updated January 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Newport, OR
Percentage*
Rent Range
0% Below $700/month
33% $700 - $1,000/month
33% $1,001 - $1,500/month
33% $1,501 - $2,000/month
0% Above $2,000/month

What salary do I need to live comfortably in Newport, OR?

Because the average rent in Newport is $1,469, you’ll want to make about $4,896 per month or $58,752 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.

City

Newport, OR

10 Available Apartments for Rent

Search for Nearby Apartments

How does Newport, OR compare to other nearby cities and neighborhoods?

Use the tool below to compare Newport, OR 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.

Explore the Area Guide for Newport, OR

Apartment Averages

Apartment communities in Newport we think you'll love

250 SW 30th St

250 SW 30th St

250 SW 30th St,
Newport, OR 97365

$2,550

3 Beds

443 SW 7th St

443 SW 7th St

443 SW 7th St,
Newport, OR 97365

$1,230

1 Bed

1132 SW Lee St

1132 SW Lee St

1132 SW Lee St,
Newport, OR 97365

$2,500

3 Beds

2950 SW Coho St

2950 SW Coho St

2950 SW Coho St,
Newport, OR 97365

$2,100

2 Beds

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United States Oregon Newport Rental Trends

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 November 2025.

* Percentages may not total 100 due to rounding.

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Equal Housing Opportunity