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Newest Homes for Rent in Newport, MN

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  • /20

    Starting at $1,345 Plus Fees

    • 1 - 2 Beds

    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

    (651) 371-8890

    2300 Hastings Ave, Newport, MN 55055
  • /35

    Starting at $999 Plus Fees

    • Studio - 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

    (651) 240-3124

    1650 10th Ave, Newport, MN 55055
  • /22

    $1,360

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • Condo for Rent

    1143 7th Ave Unit 2, Newport, MN 55055

    1143 7th Ave Unit 2, Newport, MN 55055
  • /10

    $2,100

    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
  • /4

    $1,900

    Total Monthly Price

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

    1761 8th Ave, Newport, MN 55055

    1761 8th Ave, Newport, MN 55055
  • /30

    $1,700

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,100 Sq Ft
    • 3 Bedroom - one level

    630 7th Ave, Newport, MN 55055

    *Available May 15th!* This spacious one level unit is in a great location. This nicely maintained unit features LVP flooring, 3 bedrooms, 1 bathroom, large windows for lots of natural light, in unit washer and dryer, central a/c, small fenced in yard space, large basement for storage, and off street parking/private driveway. This is a no smoking home. Tenant would be responsible for electricity,

    630 7th Ave, Newport, MN 55055
  • /17

    $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
  • /16

    $2,836

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 2,066 Sq Ft
    • House for Rent

    881 High St, Newport, MN 55055

    This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 4 bedrooms, 2.0 bathrooms, and approximately 2,066 square feet, this well-maintained home offers a high standard of rental living, supported by a team that puts residents first. As a Tricon resident, you'll enjoy access to Tricon Vantage — a program designed to support your rental

    (651) 394-0763

    881 High St, Newport, MN 55055

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 $1,800 per month, though prices vary by neighborhood, size, and property type. As of May 2026, condos tend to be the most affordable option while townhouses 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 $72,000 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 $1,800 per month in Newport, MN, renters typically need to show $5,400 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 17.6, 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 Vista Hills, West Side, Dayton's Bluff, Battle Creek and Downtown, each with its own character and price range.

Rental Home Trends in Newport, MN

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$1,800
Median Single Family Home Rent
$2,779
Median Townhouse Rent
$1,700
Median Condo Rent
$1,630
How to Rent a Home