What is the average apartment size in Newport?

The average size for a Newport, KY apartment is 899 square feet, but this number varies greatly depending on unit type, with cheap and luxury alternatives for houses and apartments alike. Studio apartments are the smallest and most affordable, 1-bedroom apartments are closer to the average, while 2-bedroom apartments and 3-bedroom apartments offer a more generous square footage.

What is the average rent in Newport?

As of Sep / 2025, the average rent in Newport is $1,493 per month, a 5.73% increase from last year’s average of $1,412.

What is the average apartment size in Newport?

The typical apartment in Newport offers about 899 sq. ft. square feet of living space, though actual sizes vary depending on layout and amenities.

Newport, KY Rental Market Trends

Q: What's the typical rent budget in Newport?

The typical rent budget in Newport ranges from $1,001 to $1,500 per month, with 39% of rentals in this range.

Q: Do most people rent or own in Newport?

In Newport, 52% of households rent while 48% own their homes, based on the latest U.S. Census data.

Last updated: October 19, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau

Highlights

The average rent for an apartment in Newport is $1,493, a 5.73% increase compared to the previous year, when the average rent was $1,412.

One-bedroom apartments provide 714 square feet for $1,337, balancing privacy and affordability.

Two-beedroom units at $1,529 offer 964 square feet, perfect for roommates or small families.

Three-bedroom apartments deliver maximum space (1,276 sq ft) for $1,924, suitable for larger households.

Average rent in Newport, KY

Last updated: October 19, 2025

	Average Rent	Average Apartment Size
All Rentals	$1,493	899 sq. ft.
Studio	n/a	n/a
1 Bed	$1,337	714 sq. ft.
2 Beds	$1,529	964 sq. ft.
3 Beds	$1,924	1,276 sq. ft.

Newport, KY rent trends

Rental prices in Newport, KY have increased by 5.73% over the past year. The average rent moved from $1,412 to $1,493.

What's the typical rent budget in Newport, KY?

The largest share of rentals in Newport, KY (39%) fall between $1,001-$1,500 per month. This suggests that most people succesfully find suitable apartments within this price.

Do most people rent or own in Newport, KY?

3,605 or 52% of the households in Newport, KY are renter-occupied while 3,379 or 48% are owner-occupied.

Access comprehensive real estate data and information on Yardi Matrix

How Newport Compares to Other Cities

City	Average Rent
Newport	$1,493
Louisville	$1,317
Lexington	$1,347
Florence	$1,402
Covington	$1,566
Richmond	$967
Ft Mitchell	$1,191
Erlanger	$1,372
Oak Grove	$891
Shelbyville	$1,149
Burlington	$1,469
Cincinnati, OH	$1,452
Union, OH	$1,334
Norwood, OH	$1,883
Independence	$1,413
Cold Spring, KY	$1,362
Dayton, KY	$1,871
Southgate, KY	$1,200
Walton, KY	$1,429
Crescent Springs, KY	$1,112
Fort Thomas, KY	$1,244

Where this data comes from

The rental statistics on this page were compiled by RentCafe.com, a nationwide apartment search website trusted by millions of renters to find apartments and houses for rent throughout the U.S.

Rent prices, trends, and apartment sizes were calculated based on data from our sister company, Yardi Matrix, an apartment market intelligence solution that covers approximately 90% of the U.S. metro area population. The data includes comprehensive information on all Newport apartment buildings with 50 or more units, totaling 23.5 million apartments across 181 U.S. markets.

Housing composition data was sourced from the U.S. Census Bureau, using the most recently available information by tenure.