Rentometer, Inc. | Data as of 10/22/2025
Newport, OR’s vibrant metro area offers a diverse rental landscape that appeals to professionals, families, and retirees alike. Nestled along the scenic Willamette River and just minutes from the historic downtown district, the city blends waterfront charm with easy access to dining, boutique shopping, and cultural attractions such as the Newport Performing Arts Center. Its well‑connected transit options and proximity to outdoor recreation hubs make it a desirable place to call home, whether you’re seeking a quiet residential street or a lively urban vibe.
The rental market reflects this variety, providing everything from efficient one‑bedroom apartments to spacious four‑plus bedroom houses. One‑bedroom units typically average in the $1200 range, with median rents near $1400, while larger three‑bedroom apartments trend toward the $2000‑$2300 range. For those looking for more space, two‑bedroom homes often average around $2000, and three‑bedroom houses commonly reach the $2600‑$2800 bracket, with premium four‑plus bedroom homes climbing toward the $2800‑$3000 mark. These figures illustrate a balanced spectrum of options that cater to a wide range of budgets and lifestyle preferences.
Neighborhoods such as Riverfront Park, Pacific Terrace, and the historic Old Town district each bring their own unique character, from contemporary condo‑style living to classic Craftsman homes with sizable yards. Whether you’re drawn by the scenic riverwalks, the annual Newport Summer Festival, or the convenience of nearby schools and medical facilities, the city’s rental inventory offers flexible choices that align with the area’s dynamic, welcoming atmosphere.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,173 | $1,125 | $650 - $1,735 | $750 - $1,710 |
| Apartment | 2 Bedroom | $1,536 | $1,475 | $960 - $2,090 | $1,400 - $1,700 |
| Apartment | 3 Bedroom | $1,978 | $2,205 | $1,355 - $2,500 | $1,575 - $2,300 |
| House | 2 Bedroom | $2,005 | $1,915 | $1,411 - $2,500 | $1,775 - $2,395 |
| House | 3 Bedroom | $2,679 | $2,800 | $1,500 - $3,500 | $2,000 - $3,250 |
| House | 4+ Bedroom | $2,812 | $3,000 | $2,000 - $3,250 | $3,000 - $3,250 |
In the current period, the average rent in Newport, OR was
$1,246 for 1 Bedroom,
$1,706 for 2 Bedroom,
$2,416 for 3 Bedroom, and
$2,813 for 4+ Bedroom.
Note: This analysis includes only bedroom types with sufficient data.
Data provided by Rentometer, Inc.