Prices last verified
Average Rent in Newport & Rent Trends
Rent prices and market trends across 2 apartment communities in Newport, Jersey City, NJ. Updated daily.
Market Average
$5,039/mo
Lowest Listed
$3,620/mo
as of Oct 1
Communities
2
tracked daily
Units Listed
14
as of Oct 1
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Newport vs Jersey City, NJ Average
Newport is more expensive than the Jersey City, NJ average by $732/mo (17%). The citywide average is $4,307/mo across all neighborhoods.
Is Rent Going Up or Down in Newport?
As of October 2026, the average rent in Newport is $5,039 per month across 2 apartment communities and 14 recently listed units.
The most affordable option is Cast Iron Lofts starting at $3,620/mo. By unit type, a 1-bedroom averages $3,703/mo, a 2-bedroom averages $4,997/mo, a 3-bedroom averages $5,494/mo.
Prices range from $3,620 to $6,950 per month. The most common price point is the $5,600 range, where 4 units were listed.
Average Rent by Bedroom
Rent Price Distribution
Rent by Bedroom Type in Newport
Rent Prices by Apartment in Newport
| Property | Starting at | Average | Units | Rating |
|---|---|---|---|---|
| Cast Iron Lofts | $3,620/mo | $4,957/mo | 11 | 4.5 |
| The BLVD Collection | $3,753/mo | $5,343/mo | 3 | 4.7 |
Frequently Asked Questions About Rent in Newport
What is the average rent in Newport?
Is rent going up or down in Newport?
What is the cheapest apartment in Newport?
How much is a 1-bedroom apartment in Newport?
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What salary do I need to live comfortably in Newport?
Built on the 25 to 30 percent rent-to-income guideline used by most landlords and credit-scoring models.
Minimum to afford average rent
$202,000/year
Based on the 30 percent rule, using our tracked average rent of $5,039/mo.
Comfortable income
$242,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($3,620/mo), you need to earn at least $145,000/year.
Median household income in Newport is $94,813 , about 61% below the comfortable-living threshold.
Cost of living in Newport
Overall prices in Newport runs above the national average by about 13% (BEA Regional Price Parity index 112.6, where 100 equals the U.S. average). The breakdown below estimates monthly costs for a single adult, using national consumer-spending baselines from the Bureau of Labor Statistics scaled by Newport's regional price parities.
| Category | Monthly estimate |
|---|---|
| Rent (market average) | $5,039 |
| Utilities | $644 |
| Groceries | $585 |
| Transportation | $1,534 |
| Healthcare | $748 |
| Other goods and services | $1,197 |
| Estimated total | $9,747/mo |
Population
289,691
Median household income
$94,813
Census median rent
$1,902/mo
Census rent burden
27.0%
Median age
34.7
Mean commute
37 min
Methodology
Rent data
Sourced directly from each tracked apartment community and refreshed every 24 hours. Every listed unit price on this page is real and listed today.
Cost of living
Estimates combine national consumer-spending baselines from the U.S. Bureau of Labor Statistics (Consumer Expenditure Survey) with the U.S. Bureau of Economic Analysis Regional Price Parities (MARPP dataset). Both are peer-reviewed federal data releases published annually.
Salary to live comfortably
Applies the standard 25 to 30 percent rent-to-income rule on top of the listed rent. This is the same affordability guideline used by most landlords and credit-scoring models.
Demographic figures
Median household income, population, median age, commute time, Census median rent, and rent as percentage of income come from the U.S. Census Bureau's American Community Survey 5-year estimates, the most recent complete release.
Cost of living and demographic figures were last published in 2023.
Google Search Trends for Newport Apartments
Search interest for apartments in this area over the past 12 months.
Search Interest Over Time
Explore Newport Apartments
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