3

Newport, MN Houses for Rent

Section Image
  • /16

    $2,866

    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
  • /16

    $2,800

    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
  • /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

Frequently Asked Questions

How much does it cost to rent a single-family home in Newport, MN?
The median rent for a single-family home in Newport, MN is $2,809 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 single-family 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 single-family home include West Side, Payne-Phalen, Union Park, Frogtown and North End, each with its own character and price range.

Rental Home Trends in Newport, MN

Rental Home Trends

Number of Houses for Rent
3
Median Single Family Home Rent
$2,809
Median 4 Bedroom Single Family Home Rent
$2,809
How to Rent a Home