How much does it cost to rent in Newport, OR?

As of July 2026, the median monthly rent in Newport, OR is $1,996. This figure is based on aggregated data from public sources and community-submitted rents.

Is Newport cheaper than other Oregon cities?

Newport is one of the pricier cities in Oregon, ranking #11 out of 65 cities tracked at $1,996/mo.

When was Newport rent data last updated?

Newport rent data reflects July 2026 and was last refreshed on July 20, 2026. RentDataNow refreshes all data monthly using public and private datasets.

City Report · OR

Newport

Name: Average Rent Prices in Newport, OR
Creator: RentDataNow
License: https://rentdatanow.com/terms-of-service

Pop. 10,583·11th most expensive in Oregon·Rental market data updated monthly for Newport, OR

Median rent (all units)

$1,996/mo

Year-over-Year

Stable

Month-over-Month

-4.6%

vs US Median

+$31

Falling (Monthly)

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Most AffordableMost Expensive

Newport · $1,996

More expensive than 59% of US cities · National median $1,965/mo

Affordability

40% of income

MODERATE

0%30% benchmark60%+

At $1,996/mo, rent takes about 40% of the local median household income, slightly above the 30% benchmark.

Income to afford

$80,000/yr

Local median income

$60,568/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

$990

1 BR

$1,010

2 BR

$1,330

3 BR

$1,860

4 BR+

$2,230

Research median

$1,330/mo

Bedroom estimates are gross rents that include essential utilities (electricity, water, gas, sewer, trash).

Rent trends

12-month history

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Last updated: July 20, 2026

Annual cost

$23,952/yr

At $1,996/mo median

Rent Market Meter

Strong Renter's Market

Renter's MarketBalancedLandlord's Market

Rents are down 0.0% year-over-year. Push hard on price, concessions, and lease terms.

Based on rent-price momentum (+0.0% YoY, -4.6% MoM), not inventory.

Rent check

Is your rent fair?

Compare your rent to the local median.

Demographics

Who lives here

Newport, OR is majority owner-occupied, has a large retiree population, has a median income below the national average, 31.3% of residents hold a bachelor's degree or higher.

Population

10,583

Median income

$60,568

Median age

51.3

Renters

41.8%

Age distribution

14.3%

17.1%

25%

13%

30.6%

Under 1814.3%

18–3417.1%

35–5425%

55–6413%

65+30.6%

Gender

45%

55%

Male45%

Female55%

Race & ethnicity

76.8%

14.5%

White76.8%

Black1%

Hispanic14.5%

Asian2.1%

Other5.5%

Education (25+)

19.6%

40.2%

31.3%

No HS diploma8.9%

HS diploma19.6%

Some college40.2%

Bachelor's+31.3%

Housing tenure

58.2%

41.8%

Owner58.2%

Renter41.8%

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

2021 vs 2026

How Newport, OR has changed in 5 years

Income

$52,897 → $60,568

up 14.5%

Population

10,305 → 10,583

up 2.7%

Renter share

41% → 41.8%

+0.8 pts

Bachelor's+

30.9% → 31.3%

+0.4 pts

Median age

47.9 → 51.3

+3.4 yrs

On the earnings side, the typical household in Newport, OR now reports about $60,568, up from $52,897 in 2021. Headcount in the area went from 10,305 to 10,583 between 2021 and 2024, a 2.7% change.

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 $1,996/mo, how Newport rent compares to typical pay (30% rule).

Registered Nurse

Avg $98,259/yr · Rent = 24.4% income

affordable

Elementary School Teacher

Avg $69,763/yr · Rent = 34.3% income

stretched

Police Officer

Avg $80,361/yr · Rent = 29.8% income

affordable

Software Developer

Avg $143,634/yr · Rent = 16.7% income

very comfortable

Lawyer

Avg $183,529/yr · Rent = 13.1% income

very comfortable

Firefighter

Avg $65,322/yr · Rent = 36.7% income

stretched

Truck Driver

Avg $58,978/yr · Rent = 40.6% income

rent-burdened

Electrician

Avg $72,696/yr · Rent = 32.9% income

stretched

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, OR

Last updated: July 20, 2026

The median rent in Newport is $1,996/mo as of July 2026. A studio apartment averages $990/mo while a 2-bedroom runs $1,330/mo. One-bedroom apartments average $1,010/mo and 3-bedroom units go for $1,860/mo.

At 40% of local median household income ($60,568/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 $1,996/mo, rent takes approximately 40% of the local median household income ($60,568/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 $80,000/year (~$38/hour full-time) to afford the median rent of $1,996/mo in Newport. The local median household income is $60,568/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 July 2026.

How does Newport rent compare to other cities in Oregon?

Newport is one of the pricier cities in Oregon for rent, ranking #11 out of 65 tracked cities at $1,996/mo.

Which nearby cities are cheaper to rent in than Newport?

Several nearby cities have lower median rents than Newport ($1,996/mo): Monmouth ($1,502/mo), Dallas ($1,700/mo), Philomath ($1,831/mo).

What percentage of Newport residents rent vs. own?

According to Census data, approximately 41.8% of Newport households are renters, while 58.2% are owner-occupied. Newport leans toward homeownership, which can mean a smaller rental inventory.