
Cheap Homes for Rent in Newport, MN from $1,000 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Newport.


1340 8th Ave, Unit 3

136 11th Ave N

136 11th Ave N

542 Hazel St N
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

630 7th Ave

2355 Springside Dr E

1156 8th Ave S, Unit 1

1333 E Pacific St

2571 Mallard Dr
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

1761 8th Ave
Newport, MN Local Guide

How much does it cost to rent a home in Newport?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Newport 2 Bedroom Homes for Rent | $1,830 | $1,500 | $2,000 |
| Newport 3 Bedroom Homes for Rent | $2,452 | $1,700 | $3,500 |
| Newport 4 Bedroom Homes for Rent | $3,299 | $2,372 | $4,600 |
| Newport 5 Bedroom Homes for Rent | $10,250 | $5,500 | $10,000+ |
| Newport 6 Bedroom Homes for Rent | $3,600 | $3,600 | $3,600 |
Browse Top Homes for Rent in Newport
Explore Newport
Newport, MN Local Guide
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Cheapest Available Newport Apartments for Rent
 The cheapest available apartment rental in Newport, MN is a Studio unit found at Newport Ponds in the Kingsfield Colonial neighborhood priced from $999. Buron Lane Apartments in the Cahill Corridor neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,150. Here is today’s list of the most affordable Newport apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Newport Ponds | Studio (500 sq. ft.) | Studio,1BA | $999 |
| Buron Lane Apartments | 207 Buron Lane 2 Bedroom | 1BR,1BA | $1,150 |
| Clark Place Apartments & Townhomes | CPA - 2 Bedroom D | 2BR,1BA | $1,175 |
| The Drover | The Outlook | 1BR,1BA | $1,304 |
| The Backyards | Exchange (A3) | Studio,1BA | $1,433 |
Best Value Apartments for Rent in Newport, MN
As of May 24, 2026 the best value apartment in the Newport area is the $1.61 price per square foot Rambler Model at Parkview Manor in the in the Cahill Corridor neighborhood starting from $1,695. The second greatest value Newport apartment is the Two Bedroom D Model at The Legends of Cottage Grove 55+ Apartments starting at $1,697 with a $1.66 price per square foot in the Silverwood neighborhood. Here is today’s list of the best values for Newport apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Parkview Manor | Rambler | 2BR,1BA | $1.61 |
| The Legends of Cottage Grove 55+ Apartments | Two Bedroom D | 2BR,2BA | $1.66 |
| Clark Place Apartments & Townhomes | CPA - 2 Bedroom A | 2BR,1BA | $1.57 |
| Ascend at Woodbury | The Sanford (B8) | 1BR,1BA | $2.49 |
| The Aurilla Apartments | Couplet | 1BR,1BA | $2.21 |
| 219 4th Ave S | 219 4th Ave S | 2BR,1BA | $1.40 |
| The Drover | The Crossing | 1BR,1BA | $2.10 |
| Buron Lane Apartments | 207 Buron Lane 2 Bedroom | 1BR,1BA | $2.00 |
| The Backyards | Exchange (A3) | Studio ,1BA | $2.52 |
| Newport Ponds | Studio (500 sq. ft.) | Studio ,1BA | $2.00 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Newport, MN Rentals by Map
See the most popular apartments and homes in Newport, MN
Frequently Asked Questions about Newport
What type of rentals are currently available in Newport?
There are currently 98 Apartments for Rent in Newport, MN with pricing that ranges from $950 to $3,481. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Newport ranging from $1,075 to $15,000.
What is the current price range for Rental Homes in Newport?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Newport ranges from $1,075 to $15,000 with an average monthly rent of $3,751.
Expert Rental Resources
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.
Helpful Local Expert Guides

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
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I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Authentic Minneapolis: An Insiders Guide to Renting in the City of Lakes
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Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.