
Cheap Homes for Rent in Newport, MN from $895 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Newport.


1340 8th Ave, Unit 7

136 11th Ave N

221 Grand Ave W, Unit 305

422 Arion St E

1049 Gorman Ave
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

1035 Winslow Ave

2456 Cochrane Cir

414 Earl St

2501 Cobble Hill Ct

2501 Cobble Hill Ct, Unit J

2549 Cobble Hill Ct
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

359 Maria Ave

2323 Amberwood Dr

608 Kingfisher Ln

577 Woodduck Dr

459 Mailand Ct

2387 Eagle Trace Ln
Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Find your dream Minneapolis work-life balance! See the best Twin Cities neighborhoods to rent apartments with short commutes near Target, Best Buy, and other top local employers.
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 | $1,786 | $1,275 | $2,250 |
| Newport 3 Bedroom Homes for Rent | $2,507 | $1,795 | $4,250 |
| Newport 4 Bedroom Homes for Rent | $3,134 | $2,145 | $4,600 |
| Newport 5 Bedroom Homes for Rent | $3,812 | $3,200 | $4,300 |
Browse Top Homes for Rent in Newport
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Newport, MN Local Guide
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Cheapest Available Newport Apartments for Rent
 The cheapest available apartment rental in Newport, MN is a 2 Beds unit found at Park Place I Apartments in the Silverwood neighborhood priced from $878. 405 10th Ave N in the Nature View neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,129. Here is today’s list of the most affordable Newport apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Park Place I Apartments | Two Bedroom Floor Plan | 2BR,1BA | $878 |
| 405 10th Ave N | 1BR | 1BR,1BA | $1,129 |
| Clark Place Apartments & Townhomes | CPA - 2 Bedroom D | 2BR,1BA | $1,175 |
| Orville Commons | 1B | 1BR,1BA | $1,184 |
| Buron Lane Apartments | 362 6th Ave N | 1BR,1BA | $1,200 |
Best Value Apartments for Rent in Newport, MN
As of August 24, 2026 the best value apartment in the Newport area is the $1.61 price per square foot Two Bedroom F Model at The Legends of Cottage Grove 55+ Apartments in the in the Silverwood neighborhood starting from $1,697. The second greatest value Newport apartment is the Front Penthouse Model at Parkview Manor starting at $1,625 with a $1.55 price per square foot in the Inver Grove Heights 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. |
|---|---|---|---|
| The Legends of Cottage Grove 55+ Apartments | Two Bedroom F | 2BR,2BA | $1.61 |
| Parkview Manor | Front Penthouse | 2BR,1BA | $1.55 |
| 1575 11th Ave, Unit 3 bedroom 2 bathrooms | 1575 11th Ave | 3BR,2BA | $1.50 |
| Red Rock Square III | Landing | 2BR,2BA | $1.49 |
| Clark Place Apartments & Townhomes | CPA - 2 Bedroom A | 2BR,1BA | $1.57 |
| Orville Commons | 1B | 1BR,1BA | $1.64 |
| Buron Lane Apartments | 362 6th Ave N | 1BR,1BA | $1.71 |
| Park Place I Apartments | Two Bedroom Floor Plan | 2BR,1BA | $1.33 |
| Newport Ponds | 1 Bedroom (650 sq. ft) | 1BR,1BA | $1.99 |
| 405 10th Ave N | 1BR | 1BR,1BA | $1.88 |
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 102 Apartments for Rent in Newport, MN with pricing that ranges from $878 to $3,331. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Newport ranging from $895 to $4,600.
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 $895 to $4,600 with an average monthly rent of $2,497.
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

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Written by: Stephanie Lica
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.

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

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

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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.