Cheap Apartments for Rent in Newport, IN from $300 (32 Rentals)

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Search the lowest-cost Apartments available for rent right now in Newport.

property at 509 S 5th St

509 S 5th St

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Newport, IN Local Guide

Cheapest Available Newport Apartments for Rent and Nearby

 

The cheapest available apartment rental in Newport, IN is a 2 Beds unit found at Historic Walnut Square in the Downtown Terre Haute neighborhood priced from $417. Lakewood Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $500. Here is today’s list of the most affordable Newport apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Historic Walnut SquareTwo Bedroom2BR,1BA$417
Lakewood ApartmentsStudioStudio,1BA$500
BrookhavenStudioStudio,1BA$525
Union Pointe1 Bedroom1BR,2BA$550
Arbors at Honey Creek2x22BR,2BA$610
Brunswick ApartmentsStudioStudio,1BA$625
Highland Terrace1 Bed 1 Bath1BR,1BA$675
Willow CrossingsPhase I - StudioStudio,1BA$699
Ashton Apartments1BR/1.5BA1BR,1BA$700
The Grove1 Bed 1 Bath1BR,1BA$726

Best Value Apartments for Rent in Newport, IN and Nearby

As of July 26, 2025 the best value apartment in the Newport area is the $1.21 price per square foot 2 Bed 2 Bath Private Entry Model at Devonshire Village in the starting from $1,450. The second greatest value Newport apartment is the 2x2 Model at Arbors at Honey Creek starting at $610 with a $0.57 price per square foot in the Downtown Terre Haute neighborhood. Here is today’s list of the best values for Newport apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Devonshire Village2 Bed 2 Bath Private Entry2BR,2BA$1.21
Arbors at Honey Creek2x22BR,2BA$0.57
Heritage TrailTwo Bedroom Apartment2BR,2BA$1.19
202 E Crockett2 Bedroom2BR,1BA$1.05
ANTHONY SQUARE SENIOR LIVING2 Bed 1 Bath2BR,1BA$1.00
The Annex of Terre Haute2 bed 2 Bath A2BR,2BA$0.71
Historic Walnut SquareTwo Bedroom2BR,1BA$0.51
Ashton Apartments1BR/1.5BA1BR,1.5BA$0.88
The Grove1 Bed 1 Bath1BR,1BA$0.97
Union Pointe1 Bedroom1BR,2BA$0.92

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Getting Around Newport, IN

Walk Score®

8 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

15 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Newport Apartments

What is the Cheapest Studio apartment in Newport?

Currently the most affordable Cheap Studio Apartment in Newport is at Lakewood Apartments listed at $500.

How much is rent for a Cheap One Bedroom Newport Apartment?

The lowest price for a Cheap One Bedroom Newport Apartment is $550 at Union Pointe.

What is the lowest price for a Cheap Two Bedroom Newport Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Newport is starting from $417 at Historic Walnut Square.

What is the most affordable Newport Three Bedroom Apartment?

The best deal on a cheap Newport Three Bedroom Apartment rental is at Historic Walnut Square and starts from $479.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.