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Newest Homes for Rent in Newport, MN

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  • /20

    Starting at $1,295 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

    2300 Hastings Ave, Newport, MN 55055
  • /9

    Starting at $1,198 Plus Fees

    • 1 - 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 $1,279

    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
  • /23

    $1,279

    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
  • /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
  • /16

    $2,600

    Total Monthly Price

    • 4 Beds
    • 2 Baths
    • 1,824 Sq Ft
    • House for Rent

    6751 Geneva Ave S, Cottage Grove, MN 55016

    Located on a quiet, dead-end road, this spacious and recently (2023/2024) updated rambler features vaulted ceilings, new flooring, fresh paint, updated baths, updated kitchen with granite countertops and tiled backsplash, dishwasher, central air, large 23'x23' family room, 2 decks, detached 2-car garage with additional parking space and a very large yard perfect for a garden. This property is

    6751 Geneva Ave S, Cottage Grove, MN 55016

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 $1,900 per month, though prices vary by neighborhood, size, and property type. As of July 2026, condos tend to be the most affordable option.
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 17.0, 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
7
Median Rent
$1,900
Median Condo Rent
$1,900
How to Rent a Home