salaryRent is lower than in 58% of U.S. cities. A typical house costs about 6.8 years of household income, so buying is hard for most locals. Commutes are short, about 16 minutes.
How much money do I need?
To rent here comfortably, you should earn about $59,800 a year. That is $29 an hour at a full-time job.
Is rent cheaper than other Oregon cities?
Yes. Rent here is cheaper than in most of Oregon. It is number 24 of 105 cities from cheapest to most expensive.
How much do households earn in Newport?
Share of households by yearly income. 22.6% of households earn $100,000 or more.
Rent by apartment size in Newport
| Size | Newport | U.S. average |
|---|---|---|
| Studio | $1,147 | $1,338 |
| 1 bedroom | $1,080 | $1,324 |
| 2 bedrooms | $1,264 | $1,509 |
| 3 bedrooms | $1,642 | $1,698 |
| 4 bedrooms | $2,568 | $2,098 |
Median monthly rent plus utilities for all renters, by number of bedrooms.
How expensive is Newport overall?
Everyday prices in Oregon overall are 3% above the U.S. average (index 103.4, U.S. = 100).
Source: U.S. Bureau of Economic Analysis, Regional Price Parities 2024. City-level data is not published for Newport, so the Oregon figure is shown.
Taxes and bills in Newport
Life in Newport
Is it cheaper to rent or buy in Newport?
Renting is cheaper right now: about $1,568 a month less.
Owning assumes a typical $441,400 home, 10% down, a 30-year loan at 6.5% and about 1.5% a year for taxes and insurance. You would also need $44,140 for the down payment.
Frequently asked questions
What is the average rent in Newport, OR?
Renting in Newport costs a median of about $1,495 a month in 2026, including utilities. The Oregon median is $1,811.
How much do I need to make to live in Newport?
To keep rent under 30% of income, you need about $59,800 a year, or $29 an hour at a full-time job.
Is Newport cheap or expensive?
Newport is rated OK: rent takes 27.5% of the typical household income of $65,323. It ranks 24th cheapest of 105 Oregon cities we track.
How much are property taxes in Newport?
The median homeowner in Newport pays $4,366 a year in property taxes, about 0.99% of the median home value.
Is Newport more expensive than the national average?
Overall prices in Oregon are 3% above 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 $441,400, about 6.8 times the typical yearly household income.
10,583 people live in Newport. Numbers are typical (middle) values.