Filters Save search

Apartments for Rent in Newport, MN 55055

Showing 8 rentals in 55055, then 12 more within 25 miles, nearest first.
1-20 of 20 rentals

More rentals near 55055

Viewing 1-20 of 20 rentals in and near 55055
What to Know About

Life in Newport & Beyond

Newport shares many of the great qualities that make Minnesota a desirable place to live.

Minnesota, known as the "Land of 10,000 Lakes", boasts breathtaking landscapes and a thriving arts and cultural community that enchants you. Immerse yourself in Minnesota's roots and history through the City Museum and the Science Museum of Minnesota, or invest in your education through the University of Minnesota, St. Cloud State University, and Minnesota State University, Mankato. In addition, residents can enjoy a vibrant arts and cultural scene in the Twin Cities of Minneapolis and St. Paul, including the famous Walker Art Center and the Minnesota Orchestra, providing a wealth of entertainment options.

Sports enthusiasts can enjoy cheering on professional teams such as the Minnesota Vikings (NFL), Minnesota Twins (MLB), and Minnesota Timberwolves (NBA), providing ample opportunities for excitement. Explore famous attractions like the Mall of America, the James J. Hill House, and the historic town of Duluth, each providing a unique glimpse into Minnesota's history and culture. In addition, the state offers many outdoor recreation opportunities, from boating and fishing in its 10,000 lakes to skiing in the Minnesota River Valley.

Minnesota offers a unique blend of natural beauty, quality of life, and affordability, making it a great place to call home.

Rental Market Trends

Newport, MN

View full report

As of October 2026, Newport's rental market is stable, with rentals spending about 43 days on the market, slower than in Minnesota (40), and rents up 1.5% over the past year. Newport's average rent is 10.7% ($180) lower than the Minnesota average of $1,683 and 27.8% ($579) lower than the U.S. average of $2,082.

Average Rent
$1,503
Monthly ChangeMonth Over Month Change
Increased0.08% ($1)
Yearly ChangeYear Over Year Change
Increased1.5% ($23)
Days on Market
43
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $1,305 Increased0.23% ($3) Increased3.1% ($39)
2 Beds $1,612 Decreased0.19% ($3) Flat
3 Beds $2,298 Increased0.27% ($6) Increased2.1% ($47)
Nearby Cities Average Rent Avg. Rent vs. NewportAverage Rent vs. Newport Days on Market
South St. Paul $1,492 Decreased0.7% ($11) 36 days
Inver Grove Heights $1,638 Increased9.0% ($135) 38 days
St. Paul Park $1,598 Increased6.3% ($95) 38 days
Cottage Grove $1,848 Increased23.0% ($345) 38 days
St. Paul $1,623 Increased8.0% ($120) 39 days
Based on rentals advertised on RentalSource in and around Newport.
Frequently Asked Questions
Newport Rental Market FAQs

Explore rental prices, market conditions, and affordability in Newport, MN.

The average rent in Newport, MN is about $1,503 per month.
In Newport, the average rent is about $1,305 per month for a 1-bedroom apartment, about $1,612 for a 2-bedroom apartment and about $2,298 for a 3-bedroom apartment.
The average rent in Newport is 27.8% ($579) lower than the national average of $2,082 per month.
The rental market in Newport, MN is currently stable, with rentals spending about 43 days on the market, slower than in Minnesota (40), and rents up 1.5% over the past year.
Based on the current averages, a household would need an annual income of about $64,500 to comfortably afford a 2-bedroom apartment in Newport.
What's New on the Blog

Explore recent posts on our blog, curated for renters, landlords, and industry pros.

List Your Property for Rent

Are You a Rental Professional?

Advertise on RentalSource, Zillow, Realtor.com, Zumper and more to attract quality tenants faster and take your listings to the next level.