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Newest Homes for Rent in Newport, ME

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  • 10 Shaw St, Newport, ME 04953
    10 Shaw St, Newport, ME 04953
    10 Shaw St, Newport, ME 04953
    /11

    $1,650 Per Month

    • 3 Beds
    • 1 Bath
    • 1,500 Sq Ft
    • House for Rent

    10 Shaw St, Newport, ME 04953

    3 Bedroom, 1 Bathroom Home with Bonus Office – Newport, ME*More picture to come with updates done in the unit.*This well-maintained 3-bedroom, 1-bathroom single-family home in Newport offers comfortable living with the added bonus of a dedicated office space, perfect for working from home, studying, or a hobby room.Rent: $1,650 per monthIncluded: Water, sewer,

    10 Shaw St, Newport, ME 04953
  • 13 Elm St, Newport, ME 04953
    13 Elm St, Newport, ME 04953
    13 Elm St, Newport, ME 04953
    /9

    $2,300 Per Month

    • 3 Beds
    • 1.5 Baths
    • 1,958 Sq Ft
    • House for Rent

    13 Elm St, Newport, ME 04953

    3 Bedroom, 1.5 Bathroom Waterfront Home – $2,300/monthEnjoy peaceful waterfront living in this 3-bedroom, 1.5-bathroom home located in a quiet and convenient area. This property offers beautiful water views and easy access to outdoor recreation, making it perfect for anyone who enjoys fishing, boating, and spending time outdoors.The home features spacious living areas, comfortable

    13 Elm St, Newport, ME 04953
  • 31 Shaw St Unit 19, Newport, ME 04953
    31 Shaw St Unit 19, Newport, ME 04953
    31 Shaw St Unit 19, Newport, ME 04953
    /11

    $1,450

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • 800 Sq Ft
    • Condo for Rent

    31 Shaw St Unit 19, Newport, ME 04953

    31 Shaw St Unit 19, Newport, ME 04953
Maine Penobscot County

Newest Homes for Rent in Newport, ME

Frequently Asked Questions

How much does it cost to rent a home in Newport, ME?
The median rent for a home in Newport, ME is $1,975 per month, though prices vary by neighborhood, size, and property type. As of July 2026, single-family homes tend to be the most affordable option.
How much do you need to make to afford rent in Newport, ME?
To comfortably afford the median rent in Newport, ME, a household needs to earn roughly $79,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,975 per month in Newport, ME, renters typically need to show $5,925 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Newport, ME?
In Newport, ME, the price-to-rent ratio is 12.7, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.

Rental Trends in Newport, ME

There are currently 3 homes available for rent in Newport, ME. The median rent is $1,975 per month, with single-family homes renting at $1,975.

Rental Home Trends

Number of Homes for Rent
3
Median Rent
$1,975
Median Single Family Home Rent
$1,975
How to Rent a Home

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