Michigan is bordered by four Great Lakes, making it a popular destination for boating and water activities. Michigan is also home to many national parks, including Isle Royale National Park and Sleeping Bear Dunes National Lakeshore. Explore the state's rich heritage through visits to renowned museums such as the Henry Ford Museum and the Michigan Historical Museum or get an excellent education at top universities like Michigan State University and the University of Michigan. In addition, Michigan boasts a robust economy in the manufacturing, technology, and tourism industries.

The state provides numerous opportunities for thrills and excitement. From soaking in the stunning views of the Great Lakes to hitting the ski slopes in the nearby mountains, outdoor enthusiasts will find plenty to love. Additionally, Michigan is home to several sports teams, including the Detroit Lions (NFL), Detroit Red Wings (NHL), Detroit Tigers (MLB), and Detroit Pistons (NBA). Explore famous attractions like Mackinac Island, the Detroit Institute of Arts, and scenic Mackinaw City.

Michigan offers a high quality of life, a strong economy, and a welcoming community, making it a great place to live.

Rental Market Trends

Newport, MI

As of May 2025, Newport's rental market is competitive, with strong renter demand causing quick leasing times for well-priced units. Newport's average rent is 40.2% ($548) lower than the Michigan average of $1,363 and 54.5% ($978) lower than the U.S. average of $1,793.

Average Rent

$815

Monthly ChangeMonth Over Month Change

0.1% ($1)

Yearly ChangeYear Over Year Change

12.9% ($121)

Avg. Days on MarketAverage Days on Market

Unit Type	Average Rent	Monthly ChangeMonth Over Month Change	Yearly ChangeYear Over Year Change
1 Bed	$750	No change	0.4% ($3)
2 Beds	$875	No change	7.3% ($69)
3 Beds	$1,084	3.2% ($36)	13.5% ($169)

Nearby Cities	Average Rent	Avg. Rent vs. NewportAverage Rent vs. Newport	Avg. Days on MarketAverage Days on Market
Rockwood	$1,466	79.9% ($651)	38 days
Monroe	$996	22.2% ($181)	38 days
La Salle	$1,064	30.6% ($249)	38 days
Taylor	$1,425	74.8% ($610)	39 days
Wyandotte	$1,026	25.9% ($211)	35 days

Rental market trends are calculated using listing data from RentalSource.

Frequently Asked Questions

Newport Rental Market FAQs

Explore rental prices, market trends, and availability in Newport, MI.

What is the average rent in Newport, MI?

The average rent in Newport, MI is $815 per month.

What is the rental price range for homes in Newport, MI?

Homes in Newport typically rent for between $600 and $1,409 per month, with an average of $815 per month.

What is the average rent for different bedroom sizes in Newport, MI?

In Newport, the average rent for a 1-bedroom home is $750 per month, for a 2-bedroom home, $875 per month, and a 3-bedroom home is $1,084 per month.

How do rent prices in Newport, MI compare with the national average?

The average rent in Newport is 54.5% ($978) lower than the national average of $1,793 per month.

How have rent prices in Newport, MI changed recently?

The average rent in Newport has decreased by 0.1% ($1) in the last month and decreased by 12.9% ($121) over the past year.

How competitive is the rental market in Newport, MI?

The rental market in Newport, MI, is currently competitive, with strong renter demand causing quick leasing times for well-priced units.

How long do rentals stay on the market in Newport, MI?

In Newport, MI, the average rental stays on the market for approximately 39 days. While most properties are rented within this timeframe, factors like seasonality, demand, and property type can affect how quickly a rental leases.

How many rental properties are available in Newport, MI?

There is currently 1 rental property available in Newport, MI.

Can I afford to rent a home in Newport, MI?

Based on the current averages, a household would need an annual income of $35,000 to comfortably afford a 2-bedroom home in Newport.