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Newport, MN Condos for Rent

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  • /2

    $1,195 Plus Fees

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

    1340 8th Ave Unit 3, Newport, MN 55055

    Property Id: 1918543Cozy 2 Bedroom, 1 Bath Apartment in Newport. Close to major highway and only a short drive to St. Paul. All new flooring, cabinets and appliances. Air-conditioning, on site laundry, off street parking. Rent is $1195 plus electric (Heat, water and garbage is included). $1195 deposit and first month rent due on signing of a 12 month lease. No pets.

    (612) 326-9326

    1340 8th Ave Unit 3, Newport, MN 55055
  • /10

    $1,900

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 900 Sq Ft
    • Condo for Rent

    1659 10th Ave Unit 3, Newport, MN 55055

    This beautifully renovated unit offers a clean, modern feel with upgrades rarely found in the area. The kitchen features granite countertops, brand-new cabinets, updated appliances, and a dishwasher for added convenience. The bathroom has been fully refreshed with a tiled shower, new vanity, and new toilet. Fresh paint and updated flooring throughout give the entire space a bright, contemporary

    1659 10th Ave Unit 3, Newport, MN 55055

Frequently Asked Questions

How much does it cost to rent a condo in Newport, MN?
The median rent for a condo in Newport, MN is $1,900 per month, though prices vary by neighborhood, size, and property type. As of May 2026, townhouses tend to be the most affordable option while condos and single-family homes are currently more expensive.
How much do you need to make to afford rent in Newport, MN?
To comfortably afford the median rent in Newport, MN, a household needs to earn roughly $76,000 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 $1,900 per month in Newport, MN, renters typically need to show $5,700 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, MN?
In Newport, MN, the price-to-rent ratio is 16.5, 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.
What neighborhoods in Newport, MN are best for renting a condo?
The best neighborhood for renting in Newport, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a condo include Downtown, West Side, Battle Creek, Dayton's Bluff and West Seventh, each with its own character and price range.

Rental Home Trends in Newport, MN

Rental Home Trends

Number of Condos for Rent
2
Median Condo Rent
$1,900
Median 2 Bedroom Condo Rent
$1,195
Median 3 Bedroom Condo Rent
$1,900
How to Rent a Home