Last updated
Average Rent in Newport & Rent Trends
Rent prices and market trends across 3 apartment communities in Newport, Jersey City, NJ. Updated daily.
Market Average
$4,265/mo
▲ +3.2% from last month
Lowest Available
$2,990/mo
cheapest unit on market
Communities
3
tracked daily
Units Listed
62
available now
Rent Watch: cuts and increases
Open Rent Watch →See current options while we confirm new price comparisons. Filter by bedrooms and budget, then inspect each building’s history.
Newport vs Jersey City, NJ Average
Newport is cheaper than the Jersey City, NJ average by $42/mo (1%). 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 $4,265 per month across 3 apartment communities and 62 available units. Rents have increased $134 (3.2%) over the past month.
The most affordable option is The Enclave starting at $2,990/mo. By unit type, a studio averages $3,621/mo, a 1-bedroom averages $3,673/mo, a 2-bedroom averages $4,861/mo, a 3-bedroom averages $6,175/mo, a 4-bedroom averages $6,752/mo.
Prices range from $2,990 to $7,117 per month. The most common price point is the $3,800 range, where 9 units are currently listed.
Newport Rent Price History
View as table
| Month | Avg Rent | Change | Properties |
|---|---|---|---|
| July 2026 | $4,589 | - | 5 |
| August 2026 | $4,702 | +$113 | 5 |
| September 2026 | $4,540 | -$162 | 5 |
The trend line and monthly averages track each building's average listed price, recorded daily with outliers trimmed. The current month is a month-to-date figure, so it can sit above or below today's live market average shown at the top of this page.
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 |
|---|---|---|---|---|
| The Enclave | $2,990/mo | $3,488/mo | 19 | 4.2 |
| Soho Lofts | $3,220/mo | $4,119/mo | 13 | 4.5 |
| Avalon Cove | $3,777/mo | $4,821/mo | 30 | 4.3 |
Frequently Asked Questions About Rent in Newport
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Is rent going up or down 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
$171,000/year
Based on the 30 percent rule, using our tracked average rent of $4,265/mo.
Comfortable income
$205,000/year
Based on the 25 percent rule, leaving more room for savings, transport, and groceries.
To afford the cheapest tracked apartment ($2,990/mo), you need to earn at least $120,000/year.
Median household income in Newport is $94,813 , about 54% 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) | $4,265 |
| Utilities | $644 |
| Groceries | $585 |
| Transportation | $1,534 |
| Healthcare | $748 |
| Other goods and services | $1,197 |
| Estimated total | $8,973/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
Browse all 3 communities with daily-updated pricing and availability.