City Report · NC

Newport

Pop. 4,441·64th most expensive in North Carolina·Rental market data updated monthly for Newport, NC
Median rent (all units)
$1,728/mo
Year-over-Year
Stable
Month-over-Month
-1.5%
vs US Median
-$234
Falling (Monthly)
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Most AffordableMost Expensive
Newport · $1,728
More affordable than 59% of US cities · National median $1,962/mo
Affordability
37% of income
MODERATE
0%30% benchmark60%+

At $1,728/mo, rent takes about 37% of the local median household income, slightly above the 30% benchmark.

Income to afford
$69,000/yr
Local median income
$56,351/yr
Based on the 30%-of-income rule using Newport's median rent and household income. See the full affordability breakdown →
Medians by bedroom

Rent by unit size

Studio
$890
1 BR
$890
2 BR
$1,170
3 BR
$1,520
4 BR+
$1,920
Fair Market Rent (HUD)
$1,170/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $1,728 market median above, and that is expected: FMR is the 40th percentile of standard-quality units and counts gross rent, so it includes essential utilities such as electricity, water, gas, sewer, and trash. The market median is asking rent, which usually excludes utilities. HUD sets FMR once a year; market rent here updates monthly.

Source: HUD Small Area Fair Market Rents. Read the methodology →

Rent trends

12-month history

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Last updated: August 17, 2026

Annual cost
$20,736/yr
At $1,728/mo median
Rent Market Meter
Renter's Market
Renter's MarketBalancedLandlord's Market
Rents are softening (down 0.0% YoY), so renters have negotiating leverage.
Based on rent-price momentum (+0.0% YoY, -1.5% MoM), not inventory.
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Demographics

Who lives here

Newport, NC is majority owner-occupied, has a large retiree population, has a median income below the national average, 18.9% of residents hold a bachelor's degree or higher.

Population
4,441
Median income
$56,351
Median age
44.1
Renters
38.6%
Age distribution
19.4%
18.3%
26.4%
15.4%
20.5%
Under 1819.4%
18–3418.3%
35–5426.4%
55–6415.4%
65+20.5%
Gender
50.9%
49.1%
Male50.9%
Female49.1%
Race & ethnicity
71.5%
12.6%
White71.5%
Black12.6%
Hispanic8.3%
Asian2.4%
Other5.1%
Education (25+)
26.3%
47.8%
18.9%
No HS diploma6.9%
HS diploma26.3%
Some college47.8%
Bachelor's+18.9%
Housing tenure
61.4%
38.6%
Owner61.4%
Renter38.6%

Source: U.S. Census Bureau · ACS 2024 5-Year Estimates

2021 vs 2026

How Newport, NC has changed in 5 years

Income
$61,000 → $56,351
down 7.6%
Population
4,356 → 4,441
up 2.0%
Renter share
36.9% → 38.6%
+1.7 pts
Bachelor's+
21.3% → 18.9%
-2.4 pts
Median age
40.7 → 44.1
+3.4 yrs

Household income in the area moved from $61,000 to $56,351 across the same window, down 7.6% versus 2021. Census counts show Newport, NC adding about 85 residents over the five-year window, up 2.0% on net. The renter share has risen from 36.9% to 38.6%, with owner-occupied housing accounting for the remainder. Bachelor's-degree-or-higher attainment moved from 21.3% to 18.9% across the same window.

Community

Discussions about Newport

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View Newport rent history (2015–2026) →
Salary vs rent

Can you afford rent in Newport on your salary?

At $1,728/mo, how Newport rent compares to typical pay (30% rule).

By apartment size

Newport rent by bedroom count

Median rent for each apartment size in Newport. Click any size for full breakdown.

Local insights

Tips for renters in Newport

About renting in Newport, NC

Last updated: August 17, 2026

The median rent in Newport is $1,728/mo as of August 2026. A studio apartment averages $890/mo while a 2-bedroom runs $1,170/mo. One-bedroom apartments average $890/mo and 3-bedroom units go for $1,520/mo.

At 37% of local median household income ($56,351/yr), Newport ranks as moderate compared to the national benchmark of 30%. Rent prices have stayed steady over the past year.

FAQ

Frequently asked questions

Is Newport an affordable city for renters?

Newport is considered moderate for renters. At $1,728/mo, rent takes approximately 37% of the local median household income ($56,351/yr). The standard benchmark is 30%. Newport slightly exceeds that threshold, so budgeting carefully matters here.

How much income do you need to rent in Newport?

To keep rent at or below 30% of gross income, you would need to earn at least $69,000/year (~$33/hour full-time) to afford the median rent of $1,728/mo in Newport. The local median household income is $56,351/yr, meaning the typical Newport household falls short of that threshold.

Is rent going up or down in Newport?

Rent in Newport has been relatively stable over the past year, with a 0.0% change year over year as of August 2026.

How does Newport rent compare to other cities in North Carolina?

Newport is middle-of-the-pack for North Carolina for rent, ranking #64 out of 128 tracked cities at $1,728/mo.

Which nearby cities are cheaper to rent in than Newport?

Several nearby cities have lower median rents than Newport ($1,728/mo): Havelock ($1,384/mo), Morehead City ($1,682/mo).

What percentage of Newport residents rent vs. own?

According to Census data, approximately 38.6% of Newport households are renters, while 61.4% are owner-occupied. Newport leans toward homeownership, which can mean a smaller rental inventory.

How does Newport rent compare to the national average?

Newport's median rent of $1,728/mo is $234 (12%) below the US national median of $1,962/mo. Within North Carolina, it ranks #64 out of 128 tracked cities.
Income Affordability
37%
MODERATE

At $1,728/mo, rent takes ~37% of Newport's median household income ($56,351/yr). The standard benchmark is 30%.

Newport 37%Benchmark 30%
State income tax4.5%
Run the Newport affordability calculator →
Lowest-rent ZIP codes in Newport
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Neighborhoods

Estimated from ZIP-level data

Schools nearby

Public schools near Newport, NC

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