salaryRent is lower than in 52% of U.S. cities. A typical house costs about 3.3 years of household income. Commutes are short, about 19.7 minutes.
How much money do I need?
To rent here comfortably, you should earn about $64,520 a year. That is $31 an hour at a full-time job.
Is rent cheaper than other Kentucky cities?
No. Rent here is more expensive than in most of Kentucky. It is number 77 of 87 cities from cheapest to most expensive.
How much do households earn in Newport?
Share of households by yearly income. 22.1% of households earn $100,000 or more.
Rent by apartment size in Newport
| Size | Newport | U.S. average |
|---|---|---|
| Studio | $1,076 | $1,338 |
| 1 bedroom | $855 | $1,324 |
| 2 bedrooms | $1,395 | $1,509 |
| 3 bedrooms | $1,702 | $1,698 |
| 4 bedrooms | $2,109 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Newport overall?
Everyday prices in Kentucky overall are 10% below the U.S. average (index 90.2, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Newport, so the Kentucky figure is shown.
Taxes and bills in Newport
Life in Newport
Is it cheaper to rent or buy in Newport?
Buying is cheaper month to month: about $103 a month less than renting.
Owning assumes a typical $217,600 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $21,760 for the down payment.
Frequently asked questions
What is the average rent in Newport, KY?
Renting in Newport costs a median of about $1,613 a month in 2026, including utilities. The Kentucky median is $1,175.
How much do I need to make to live in Newport?
To keep rent under 30% of income, you need about $64,520 a year, or $31 an hour at a full-time job.
Is Newport cheap or expensive?
Newport is rated OK: rent takes 29.5% of the typical household income of $65,630. It ranks 77th cheapest of 87 Kentucky cities we track.
How much are property taxes in Newport?
The median homeowner in Newport pays $2,387 a year in property taxes, about 1.10% of the median home value.
Is Newport more expensive than the national average?
Overall prices in Kentucky are 10% below the U.S. average, according to the U.S. Bureau of Economic Analysis.
How much does a house cost in Newport?
The median home value in Newport is $217,600, about 3.3 times the typical yearly household income.
13,967 people live in Newport. Numbers are typical (middle) values.