Apartments & Homes for Rent in 97365

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What to Know About

Life in Newport & Beyond

Newport shares many of the great qualities that make Oregon a desirable place to live.

Oregon is where stunning landscapes meet majestic mountains. Immerse yourself in the state's rich history and heritage by visiting the Oregon Museum of Science and Industry, the Portland Art Museum, and the Oregon Historical Society. Or further your education at top-ranked universities like the University of Oregon and Oregon State University. Oregon's diverse and growing economy, driven by technology, agriculture, and tourism, offers ample employment opportunities.

The state offers a rich landscape for outdoor enthusiasts, from skiing in the Cascade Mountains and hiking the Columbia River Gorge to exploring the rugged Oregon Coast. Sports fans can also cheer for the Portland Trail Blazers (NBA) or take in a game at Autzen Stadium or Moda Center. Discover famous attractions like the International Rose Test Garden, Powell's City of Books, and the breathtaking Crater Lake National Park. And remember to take in the spectacular views of the Oregon Coast, which stretches for 363 miles along the Pacific Ocean.

With its scenic natural wonders, vibrant culture, and endless opportunities for adventure, Oregon is the perfect place to call home.

Rental Market Trends

Newport, OR

As of April 2025, Newport's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Newport's average rent is 6.8% ($114) higher than the Oregon average of $1,671 and 0.8% ($14) lower than the U.S. average of $1,799.

Average Rent
$1,785
Monthly ChangeMonth Over Month Change
Decreased7.9% ($153)
Yearly ChangeYear Over Year Change
Decreased19.4% ($429)
Avg. Days on MarketAverage Days on Market
40
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,515 Decreased4% ($63) Decreased8.7% ($145)
2 Beds $1,793 Decreased3.7% ($68) Decreased9.2% ($181)
3 Beds $2,305 Decreased6.6% ($162) Decreased12.6% ($331)
Rental market trends are calculated using listing data from RentalSource.
Frequently Asked Questions
Newport Rental Market FAQs

Explore rental prices, market trends, and availability in Newport, OR.

The average rent in Newport, OR is $1,785 per month.
Homes in Newport typically rent for between $1,061 and $2,997 per month, with an average of $1,785 per month.
In Newport, the average rent for a 1-bedroom home is $1,515 per month, for a 2-bedroom home, $1,793 per month, and a 3-bedroom home is $2,305 per month.
The average rent in Newport is 0.8% ($14) lower than the national average of $1,799 per month.
The average rent in Newport has decreased by 7.9% ($153) in the last month and decreased by 19.4% ($429) over the past year.
The rental market in Newport, OR, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.
In Newport, OR, the average rental stays on the market for approximately 40 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.
There are currently 10 rental properties available in Newport, OR.
Based on the current averages, a household would need an annual income of $71,720 to comfortably afford a 2-bedroom home in Newport.
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