Newport, TN Real Estate

According to census data in the year 2000 there were 3,472 housing units in Newport. This represents a 9.5% growth from 3,171 in 1990.

Of those housing units, 3,377 were located in either urbanized areas or urban clusters, and 95 were located in what is classified as a rural area.

Homeownership rate in Newport is about 54%. Newport's vacancy rate, including seasonal lodging, is about 6.6%. Average household size is 2.2 people.

The majority of houses, apartments or condos in Newport were built after 1967.


Housing Size

Housing Units by Size
Studio Type1.20%
One Bedroom16.60%
Two Bedrooms35.10%
Three Bedrooms35.40%
Four Bedrooms10.40%
Five Bedrooms or more1.30%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.2
Median year structure was built1962
Median Value of occupied units$71,400
Median Price asked for vacant units$40,000

Rented Homes, Apartments and Condos

Average Household Size2.19
Median year structure was built1973
Median Monthly Rent asked for vacant units$207

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0%
Second Mortgage4.20%
Home Equity Loan4.70%
Simple Mortgage34.30%
Debt Free56.80%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs14.3%