Studio Condos for Rent in Newport, OR

/9
$1,495 Per Month
- Studio
- 1 Bath
- 400 Sq Ft
- Condo for Rent
636 NW Lee St Unit 634, Newport, OR 97365

• Close to Nye Beach & Downtown Newport• New Flooring, Paint & Countertops!• Garage • Built-in ShelvingWelcome to this vintage coastal retreat just 0.3 miles from Nye Beach! This studio puts you close to the best of what Newport has to offer. Located above the garage toward the back of the property, this unique unit offers a layout with plenty of character. Upon entering,

636 NW Lee St Unit 634, Newport, OR 97365
Explore Newport
/11
$1,600 Per Month
- Studio
- 1 Bath
- 450 Sq Ft
- Condo for Rent
1000 SE Bay Blvd Unit G348, Newport, OR 97365

Embarcadero Studio Apartment. Available Now. Upstairs Studio Apartment. Furnished Unit. Almost Water Front Apartment. Deck Almost On the Water Front. Views of Bay, Bridge, Boats, Birds and Sea Lions. Rent Includes Resort Amenities UsageSwimming Pool. Hot Tub and Sauna. Crab Cooking Pots and Fish Filleting Station. Picnic Areas on

1000 SE Bay Blvd Unit G348, Newport, OR 97365

Oregon Lincoln County

Frequently Asked Questions

How much does it cost to rent a condo in Newport, OR?

The median rent for a condo in Newport, OR is $2,595 per month, though prices vary by neighborhood, size, and property type. As of September 2026, single-family homes tend to be the most affordable option while condos are currently more expensive.

How much do you need to make to afford rent in Newport, OR?

To comfortably afford the median rent in Newport, OR, a household needs to earn roughly $100,000 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 $2,500 per month in Newport, OR, renters typically need to show $7,500 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, OR?

In Newport, OR, the price-to-rent ratio is 17.1, 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.

Condo Rental Trends in Newport, OR

There are currently 2 condos available for rent in Newport, OR. The median rent is $2,595 per month, with 1-bedroom condos renting at $1,500 and 2-bedroom condos at $2,800.

Rental Home Trends

Number of Condos for Rent 2	Median Condo Rent $2,595
Median 1 Bedroom Condo Rent $1,500	Median 2 Bedroom Condo Rent $2,800

How to Rent a Home

Condos for Rent by Price in Newport

Rentals in Newport

Condos for Rent by Bedrooms in Newport

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