City Report · OR

Newport

Pop. 10,583·5th most expensive in Oregon·Rental market data updated monthly for Newport, OR
Median rent (all units)
$2,268/mo
Year-over-Year
Stable
Month-over-Month
+1.3%
vs US Median
+$336
Reported rents
Rising (Monthly)
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Most AffordableMost Expensive
Newport · $2,268
More expensive than 72% of US cities · National median $1,932/mo
Affordability
45% of income
STRETCHED
0%30% benchmark60%+

At $2,268/mo, rent takes about 45% of the local median household income, well above the 30% benchmark.

Income to afford
$91,000/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
Fair Market Rent (HUD)
$1,330/mo

These are HUD Fair Market Rents, the payment standard for a Housing Choice Voucher (Section 8). They often differ from the $2,268 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: October 17, 2026

From the history

What the numbers show

What a typical income covers

30% of the median household income ($60,568) is $1,514 a month. That covers HUD's Fair Market Rent for up to a 2-bedroom ($1,330); a 3-bedroom is $1,860.

From Zillow's monthly rent index (ZORI) for Newport. Income is the Census median household income (5-year estimates). Fair Market Rents are HUD’s, which include utilities.

Annual cost
$27,216/yr
At $2,268/mo median
Rent Market Meter
Landlord's Market
Renter's MarketBalancedLandlord's Market
Rents are climbing (0.0% YoY), so leverage tilts toward landlords. Act sooner rather than later.
Based on rent-price momentum (+0.0% YoY, +1.3% MoM), not inventory.
Rent check

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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

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

Can you afford rent in Newport on your salary?

At $2,268/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, OR

Last updated: October 17, 2026

The median rent in Newport is $2,268/mo as of October 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 45% 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

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 $91,000/year (about $44/hour full-time) to afford the median rent of $2,268/mo in Newport. The local median household income is $60,568/yr, so the typical household falls short of that bar.

Is rent going up or down in Newport?

Rent in Newport has been roughly flat over the past year, a 0.0% change.

How does Newport rent compare to other cities in Oregon?

Newport is one of the pricier among Oregon cities for rent, ranking #5 of 64 tracked cities at $2,268/mo.

Which nearby cities are cheaper to rent in than Newport?

Nearby cities with lower median rent than Newport ($2,268/mo) include Dallas ($1,498/mo), Monmouth ($1,579/mo), and Lincoln City ($1,930/mo).
Income Affordability
45%
STRETCHED

At $2,268/mo, rent takes ~45% of Newport's median household income ($60,568/yr). The standard benchmark is 30%.

Newport 45%Benchmark 30%
State income tax4.75–9.9%
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, OR

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