South Newport renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in South Newport is about $831 per month. This puts it in the 57th percentile compared to the state average cost of rent, which is $1,233. Households in South Newport have a median income of $3,368 per month so the average renter in South Newport is spending roughly 25% of their earnings on housing.
Nationally, and in South Newport, home values are the data point most closely correlated with the cost of rent. The median price of a home in South Newport is $132,848 right now, which is lower than nearby cities, meaning that rents in South Newport also tend to be lower versus these nearby cities.
Higher rent prices are common in the western parts of South Newport while lower rent rates are often available in southern areas.
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