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Newport, MN Homes for Rent

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  • /9

    Starting at $1,436 Plus Fees

    • 2 - 3 Beds

    275 Red Rock Crossing, Newport, MN 55055

    Red Rock Square is a brand new property, opening in September, 2026, located in Newport, Minnesota. Red Rock Square participates in the Section 42 Tax Credit Program and has income restrictions based on the number of members in the household. The earliest move-in date is 9/1/2026.

    Red Rock Square III

    275 Red Rock Crossing, Newport, MN 55055
  • /35

    Starting at $1,199

    Total Monthly Price

    • 1 - 2 Beds

    1650 10th Ave, Newport, MN 55055

    Act Fast and Save Big! Move-In Special: Get $250 Off When You Apply Today or $500 Off When You Make a Deposit Today!Looking for a comfortable and convenient living space in Newport? Look no further than Newport Ponds Apartments! Our beautiful complex offers a variety of amenities to make your life easier, including off-street parking, garages, shared laundry, and spacious

    Newport Ponds

    1650 10th Ave, Newport, MN 55055
  • /20

    Starting at $1,245 Plus Fees

    • 1 Bed

    2300 Hastings Ave, Newport, MN 55055

    Newport Commons is a brand-new community with pet-friendly one, two, and three bedroom floorplans available now! All homes come with its own heating/AC system. Laundry is free and available on each floor. Conveniently located between Woodbury and the airport off Hwy 494 and scenic Hwy 61 with easy access to shops, and hiking/biking trails located on site! Packed with amenities, our residents

    Newport Commons

    2300 Hastings Ave, Newport, MN 55055
  • /20

    $2,599 Plus Fees

    • 4 Beds
    • 2 Baths
    • 1,800 Sq Ft
    • House for Rent

    745 21st St, Newport, MN 55055

    Available July 16th: Welcome to your next home at 745 21st St, Newport 55055, MN! This charming 4-bedroom, 2-bathroom house boasts 1800 sq ft of living space, brimming with character and modern comforts. Situated in a welcoming neighborhood, this gem features an inviting eat-in kitchen, hardwood floors, and central heating and air conditioning. Located in the heart of Newport, you’ll enjoy easy

    745 21st St, Newport, MN 55055
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    $1,199

    Total Monthly Price

    • 1 Bed
    • 1 Bath
    • 650 Sq Ft
    • Condo for Rent

    1624 10th Ave Unit 3B, Newport, MN 55055

    Act Fast and Save Big! MOVE-IN SPECIAL: Get $250 Off When You Apply Today or $500 Off When You Make a Deposit Today!This newly renovated one-bedroom, one-bath unit at the Newport Ponds is ready for you to make your home. From the spacious and fresh living room to the beautiful new butcher block countertops that are ready for the new recipe you found or the new restaurant delivery you want

    1624 10th Ave Unit 3B, Newport, MN 55055

Why Live in Newport

Newport, Minnesota, is a quiet riverside community situated along the Mississippi River, approximately 12 miles from downtown Saint Paul. The city features charming homes, including ramblers, cottages and Craftsman-style houses from the early and mid-1900s as well as modern New Traditional homes. The area falls under South Washington County Schools, a highly rated district, with Newport Elementary School receiving high individual marks. Bailey School Forest Park has hiking trails and Loveland Park provides sports courts and picnic pavilions. The Newport Dog Park is a space for pets, while overlooks offer scenic views of the Mississippi River. Citywide events like Pioneer Day and Summer Family Fun Night foster a strong sense of community. Nearby dining options include North Pole Restaurant, Tinucci's, Cloverleaf Bar & Grill, Southern Social and Hag's Newport Pizza, which has served the area for more than 30 years. Residents can shop at independent stores like Hagen and Oats or drive a few miles to the Woodbury Lakes shopping center for clothing. Interstate 494 facilitates easy access through the Twin Cities metro area, and the Metro Transit 345 bus can bring riders to the Minneapolis-Saint Paul International Airport Transit Station.

Frequently Asked Questions

How much does it cost to rent a home in Newport, MN?
The median rent for a home in Newport, MN is $1,649 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option while 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 $65,960 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 $1,649 per month in Newport, MN, renters typically need to show $4,947 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 20.1, 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 home?
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 home include West Side, Battle Creek, Dayton's Bluff, Downtown and Highland Park, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
5
Median Rent
$1,649
Median Single Family Home Rent
$2,599
Median Condo Rent
$1,199
How to Rent a Home