Newport, MN Real Estate

According to census data in the year 2000 there were 1,442 housing units in Newport. This represents a 4.2% growth from 1,384 in 1990.

Of those housing units, 1,442 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Newport is about 66.6%. Newport's vacancy rate, including seasonal lodging, is about 1.7%. Average household size is 2.61 people.

The majority of houses, apartments or condos in Newport were built after 1966.


Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom17.80%
Two Bedrooms26.70%
Three Bedrooms38.40%
Four Bedrooms14.10%
Five Bedrooms or more2.50%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.9
Median year structure was built1959
Median Value of occupied units$112,500
Median Price asked for vacant units$95,000

Rented Homes, Apartments and Condos

Average Household Size2.01
Median year structure was built1974
Median Monthly Rent asked for vacant units$1,125

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.80%
Second Mortgage13.80%
Home Equity Loan13%
Simple Mortgage51.30%
Debt Free21.10%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs18.9%