Newport, MN Rental Market Trends
Last updated: November 20, 2025 | Source: RentCafe Market Analysis, Yardi Matrix, U.S. Census Bureau
Highlights
The average rent for an apartment in Newport is $1,230, a 1.21% increase compared to the previous year, when the average rent was $1,215.
Studio Apartments at $975 offer the most budget-friendly option with 478 square feet, ideal for single renters prioritizing location over space.
One-bedroom apartments provide 713 square feet for $1,065, balancing privacy and affordability.
Two-beedroom units at $1,362 offer 806 square feet, perfect for roommates or small families.
Average rent in Newport, MN
| Average Rent | Average Apartment Size | |
|---|---|---|
| All Rentals | $1,230 | 757 sq. ft. |
| Studio | $975 | 478 sq. ft. |
| 1 Bed | $1,065 | 713 sq. ft. |
| 2 Beds | $1,362 | 806 sq. ft. |
| 3 Beds | n/a | n/a |
Newport, MN rent trends
Rental prices in Newport, MN have increased by 1.21% over the past year. The average rent moved from $1,215 to $1,230.
What's the typical rent budget in Newport, MN?
The largest share of rentals in Newport, MN (72%) 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, MN?
648 or 32% of the households in Newport, MN are renter-occupied while 1,353 or 68% are owner-occupied.
How Newport Compares to Other Cities
| City | Average Rent |
|---|---|
| Newport | $1,230 |
| Minneapolis | $1,674 |
| St. Paul | $1,512 |
| Moorhead | $1,074 |
| Rochester | $1,651 |
| Bloomington | $1,652 |
| St. Cloud | $1,155 |
| Mankato | $1,392 |
| St. Louis Park | $1,780 |
| Edina | $1,841 |
| Minnetonka | $1,923 |
| Maplewood | $1,456 |
| Woodbury | $2,140 |
| Burnsville | $1,569 |
| Eagan | $1,693 |
| Roseville | $1,443 |
| West St. Paul | $1,319 |
| Fridley, MN | $1,450 |
| Richfield, MN | $1,406 |
| White Bear Lake, MN | $1,573 |
| Golden Valley, MN | $1,866 |
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.