Newport — Newport, KY Rent Comps

Asking & effective rent by bedroom

Average asking rent across observed units: $2,016. Average effective rent: $2,016.

Type	Asking rent	Effective rent	Avg sqft	Observations
1 bedroom	$1,659	$1,659	741	2
2 bedroom	$2,195	$2,195	1,377	4

HUD Fair Market Rent gap

HUD area: Cincinnati, OH-KY-IN HUD Metro FMR Area.

FMR comparison not observed for this property.

Amenities

24-Hour Fitness Center and Yoga StudioAfter-Hours Emergency MaintenanceBocce Ball CourtClimate Controlled Interior CorridorsComplimentary Coffee BarControlled AccessCourtyard ViewsCourtyard with Gazebo and CornholeCovered Garage ParkingCozy Fire Pit with SeatingEasy Access to I-471ElevatorsEntryway ClosetFloor-to-Ceiling WindowsGranite CountertopsHardwood-Style FlooringIn-Home Washer and DryerKeyless Fob EntryKitchen IslandLarge Walk-In Closets with ShelvesLarge Walk-In ShowerLocated in Downtown NewportOnline Payment PortalOutdoor Electric Grilling Stations

Operator

not observed

Nearby comparable properties

Comparable apartments with rent data within 3 miles, ranked by the same similarity model used in the product.

Property	Location	Distance	Avg asking	Similarity
The Reserve at 4th and Race	Cincinnati, OH	1.14 mi	$2,062	72%
Luxury Apartments for Rent in io	Cincinnati, OH	1.02 mi	not observed	68%
Discover Our Apartments	Covington, KY	1.39 mi	$1,940	57%
Apartments in	Cincinnati, OH	1.23 mi	$1,615	56%
City	Newport, KY	1.74 mi	$852	40%

Sources & provenance

Sourced from https://academyonfourth.com/floorplans/ — 6 observation(s), last observed Aug 4, 2026.

Data age: 14 days. Last observed: Aug 4, 2026.

Market intelligence and decision support only. Not an appraisal, and not a recommendation to set any particular rent. Income-restricted product is never presented as a market-rate comparable — program type above reflects the governed affordability classification, not free-text asset labels.

Open the interactive comp report →