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Studio Apartment for Rent in Newport, OR

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    $1,600 Per Month

    • Studio
    • 1 Bath
    • 400 Sq Ft
    • Condo for Rent

    1000 SE Bay Blvd Unit K441, Newport, OR 97365

    1000 SE Bay Blvd #K441Embarcadero Studio. Available Now. King-Sized Bed. Kitchenette, but no kitchen sink. Pots, pans, hot plate, utensils, mini fridge, convection microwave, towels, tv, bedding, towels. Deck for Bay and Bridge Views. Washer/Dryer in Bathroom. Rent Includes All Utilities.Renter provides their own TV streaming

    1000 SE Bay Blvd Unit K441, Newport, OR 97365

Why Live in Newport

Newport, Oregon, situated where Yaquina Bay meets the Pacific Ocean, is a coastal community known for its fishing industry and marine sciences. The Historic Bayfront District offers fresh fish markets and seafood restaurants, while the Oregon Coast Aquarium and Pacific Maritime Heritage Center are key attractions. The city features late 20th-century homes, including minimal traditional cottages and ranch-style houses on the north side, and larger homes with spacious lots in South Beach. Coastal home maintenance is crucial due to the salty air, with homeowners often using stainless steel materials to prevent corrosion. Newport is divided by Yaquina Bay, connected by the Yaquina Bridge, with Highway 101 running north-south and Highway 20 leading east. The city is approximately 80 miles from Salem and 89 miles from Eugene. Local education is supported by the highly rated Lincoln County School District and Oregon Coast Community College, which offers unique programs in business, nursing, and aquarium sciences. Recreational opportunities abound with waterfront access points like Agate Beach, Nye Beach, and South Beach State Park, as well as hiking trails along the coast. The Nye Beach area serves as an arts district with galleries, restaurants, and the Newport Performing Arts Center. Annual events such as the Newport Seafood & Wine Festival highlight the local culture. Newport's city center is undergoing revitalization to improve pedestrian and bike access, with completion expected by 2025.

Frequently Asked Questions

How much does it cost to rent a home in Newport, OR?
The median rent for a home in Newport, OR is $2,500 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, 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 16.2, 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.

Rental Home Trends in Newport, OR

Rental Home Trends

Number of Homes for Rent
1
Median Rent
$2,500
Median Single Family Home Rent
$2,800
Median Townhouse Rent
$2,000
Median Condo Rent
$1,600
How to Rent a Home