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Rental Market Trends in Newton, IA

What is the average rent in Newton, IA?

$746/month

Average Rent

621 Sq Ft

Average Apartment Size

-7.8%

Decrease in the Last Year

Newton, IA Rental Market Overview

The average rent in Newton, IA is $746 per month. This is 55% lower than the national average rent of $1,645/month, making renting in Newton more affordable than most cities in the US.

  • Studio apartments in Newton average $584 per month.
  • One-bedroom apartments in Newton average $746 per month.
  • Two-bedroom apartments in Newton average $822 per month.
  • Three-bedroom apartments in Newton average $969 or more per month.

Data Updated: June, 2026

Floor Plan Type
Average Rent
Average Sq Ft
Studio
$584/month
536 Sq Ft
One Bedroom
$746/month
621 Sq Ft
Two Bedroom
$822/month
815 Sq Ft
Three Bedroom
$969/month
1,042 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 Newton, IA?

In the past year, rent has decreased by 7.8%, which averages out to $57 less per month.

Market Trends Over Time   The chart below compares average rent prices to the previous year during the same time period.
Last Updated June 2026
Legend
2025 2026
Market Trends Over Time
Rent Ranges in Newton, IA
Last Updated June 2026
$700 - $1,000
Most rental prices fall within this range
Rent Ranges in Newton, IA
Percentage*
Rent Range
24% Below $700/month
57% $700 - $1,000/month
19% $1,001 - $1,500/month
0% $1,501 - $2,000/month
0% Above $2,000/month

Rent by Neighborhood

Last Updated Today
  • Most Affordable
  • Most Expensive
  • Most Available

What are the most affordable neighborhoods in Newton?

Based on current rent prices, Jasper County is the most affordable neighborhood in Newton.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Jasper County
$1,045/month
716 Sq Ft

What are the most expensive neighborhoods in Newton?

Based on current rent prices, Jasper County is the most expensive neighborhood in Newton.

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Jasper County
$1,045/month
716 Sq Ft

Which Newton neighborhoods have the most rentals available?

The neighborhood in Newton with the most apartments available is Jasper County .

Calculate Rent Affordability
Neighborhood
Average Rent
Average Sq Ft
Jasper County
$1,045/month
716 Sq Ft
This information is based on data collected by CoStar Group researchers.†

What salary do I need to live comfortably in Newton, IA?

Because the average rent in Newton is $746, you’ll want to make about $2,486 per month or $29,832 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

Newton, IA

57 Available Apartments for Rent

Search for Nearby Apartments

How does Newton, IA compare to other nearby cities and neighborhoods?

Use the tool below to compare Newton, IA 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.

Apartment Averages

Jasper County

Newton, IA

Jasper County

Newton, IA

Studio
$584/month
$584/month
One Bedroom
$739/month
$739/month
Two Bedroom
$804/month
$804/month
Three Bedroom
$969/month
$969/month
Search
Search

Apartment communities in Newton we think you'll love

Plant 1 Lofts

Plant 1 Lofts

515 W 4th St,
Newton, IA 50208

$985 - $2,727

1-2 Beds

Lions Gate Apartments

Lions Gate Apartments

320 W 3rd St N,
Newton, IA 50208

$1,050 - $1,295

1-2 Beds

Woodland Heights

Woodland Heights

1800 W 4th St N,
Newton, IA 50208

$710 - $970

1-3 Beds

SUNDANCE NEWTON APARTMENTS

SUNDANCE NEWTON APARTMENTS

220 E 28th St N,
Newton, IA 50208

$805 - $945

2-3 Beds

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United States Iowa Newton 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 June 2026.

Demographic information comes from Neustar and combines detailed address data with U.S. Census and American Community Survey statistics to produce reliable local estimates.

* Percentages may not total 100 due to rounding.

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© 2026 CoStar Group, Inc. Equal Housing Opportunity

Equal Housing Opportunity

© 2026 CoStar Group, Inc.

Equal Housing Opportunity