Rentometer, Inc. | Data as of 10/22/2025
Newport, Oregon offers a vibrant coastal lifestyle that attracts renters looking for a blend of small‑town charm and modern amenities. The city's waterfront location provides easy access to historic Newport Bay, the Oregon Coast Aquarium, and the bustling promenade filled with boutique shops, fresh‑seafood restaurants, and scenic walking trails. Neighborhoods such as the historic Bayfront District and the family‑friendly Newport Heights deliver a variety of housing options, from charming single‑family homes to contemporary apartment communities.
The rental market in Newport reflects the area’s desirability, with apartments catering to a range of household sizes. One‑bedroom units commonly rent in the $1400s to $1600 range, while two‑bedroom apartments typically fall between $1600 and $1900. Larger three‑bedroom units are positioned around the $2300 range, offering spacious living for families or professionals seeking extra room. Whether you prefer a cozy studio steps from the harbor or a multi‑bedroom residence with panoramic ocean views, the city’s rental inventory accommodates diverse budgets and lifestyle preferences.
Beyond the shoreline, Newport boasts cultural attractions such as the historic Yaquina Head Outstanding Natural Area, the Newport Historical Society, and a lively arts scene with galleries and annual festivals. Outdoor enthusiasts enjoy easy access to kayaking, fishing, and hiking trails, while proximity to major highways makes commuting to nearby employment hubs convenient. This combination of natural beauty, recreational opportunities, and a robust rental market makes Newport an appealing destination for renters seeking both comfort and adventure in Oregon’s coastal corridor.
| Property Type | Bedrooms | Average | Median | Min - Max | 25th - 75th |
|---|---|---|---|---|---|
| Apartment | 1 Bedroom | $1,427 | $1,580 | $712 - $1,735 | $1,400 - $1,710 |
| Apartment | 2 Bedroom | $1,600 | $1,635 | $960 - $2,090 | $1,300 - $1,980 |
| Apartment | 3 Bedroom | $2,306 | $2,290 | $2,205 - $2,440 | $2,280 - $2,440 |
In the current period, the average rent in Newport was $1,427 for 1 Bedroom, $1,600 for 2 Bedroom, and $2,305 for 3 Bedroom.
Data provided by Rentometer, Inc.