Home prices
The median home in Newport costs $258,000. It is roughly $29,660 (12%) higher compared to nearby areas.It is roughly $40,500 (18%) higher compared to the rest of the nation, and compared to the city of Eugene is about $30,600 (10%) lower.
Rents
In Newport the median rent is $896 per month. It is approximately $17 (1%) lower in comparison to the surrounding areas.Compared to the nation as a whole it is about $166 (15%) lower, and in comparison to the city of Eugene is roughly $135 (13%) lower.
Nearby places
Toledo
Toledo is approximately 4 miles east of Newport. Real estate prices there are somewhat less expensive. The price of the median home in Toledo is $221,400, which is $36,600 (16%) lower than Newport. Rents there are somewhat more expensive. Toledo's median monthly rent is $949, which works out to $53 (5%) higher than Newport.
Siletz
Siletz is approximately 8 miles northeast of Newport. Real estate prices there are substantially less expensive. The median home cost in Siletz is $115,300, which works out to $142,700 (123%) lower than Newport. Rent there is a bit more expensive. In Siletz the median rent is $975 per month, which is $79 (8%) higher than Newport.
Depoe Bay
Depoe Bay is roughly 11 miles north of Newport. Its housing prices are somewhat more expensive. Depoe Bay's median home price is $311,100, which comes out to $53,100 (17%) higher than Newport. The rent there is a little more expensive. The median rent in Depoe Bay is $1,176 per month, which comes out to $280 (23%) higher than Newport.
Waldport
Waldport is approximately 13 miles south from Newport. The real estate prices there are a bit less expensive. The median home in Waldport is valued at $214,900, which is $43,100 (20%) lower than Newport. The rent there is somewhat less expensive. In Waldport the median rent is $787 per month, which works out to $109 (13%) lower than Newport.
Lincoln Beach
Lincoln Beach is roughly 15 miles north from Newport. Its real estate prices are somewhat more expensive. The cost of the median home in Lincoln Beach is $279,000, which is $21,000 (7%) higher than Newport. Its rents are a little less expensive. The median monthly rent in Lincoln Beach is $680, which is $216 (31%) lower than Newport.