14 Cheap Apartments for rent in Newport News, VA

Last updated June 23 at 2:52am UTC
2911 Chestnut Avenue USAA
Washington
Newport News, VA
Updated June 5 at 11:17am UTC
Studio
$300
520 Bellwood Rd
Hudson Terrace
Newport News, VA
Updated June 1 at 5:49pm UTC
Studio
$589
Results within 5 miles of Newport News, VA
2612 Kecoughtan RD
Wythe
Hampton, VA
Updated June 14 at 12:32am UTC
1 Bedroom
$550
700 E Pembroke AVE
Pheobus
Hampton, VA
Updated June 12 at 12:15am UTC
1 Bedroom
$600
Results within 10 miles of Newport News, VA
1020 Woronoca AVE
Bayview
Norfolk, VA
Updated June 23 at 2:52am UTC
1 Bedroom
$595
1048 Little Bay AVE
Willoughby
Norfolk, VA
Updated June 23 at 2:51am UTC
1 Bedroom
$550
1920 E Ocean View AVE
Cottage Line
Norfolk, VA
Updated June 23 at 2:51am UTC
1 Bedroom
$600
209 W 30th ST
Park Place
Norfolk, VA
Updated June 22 at 11:18am UTC
1 Bedroom
$600
309 Ashlawn DR
Oakdale Farms-Denby Park
Norfolk, VA
Updated June 21 at 11:44pm UTC
1 Bedroom
$595
9284 Peachtree ST
West Ocean View
Norfolk, VA
Updated June 21 at 3:12am UTC
1 Bedroom
$575
310 E Little Creek Rd
Oakdale Farms-Denby Park
Norfolk, VA
Updated June 14 at 5:04pm UTC
1 Bedroom
$595
9420 Peachtree ST
West Ocean View
Norfolk, VA
Updated June 13 at 1:49am UTC
1 Bedroom
$600
1441 Kingston AVE
Bayview
Norfolk, VA
Updated June 9 at 2:59am UTC
1 Bedroom
$625
323 E Little Creek RD
Oakdale Farms-Denby Park
Norfolk, VA
Updated May 11 at 12:27am UTC
1 Bedroom
$600

June 2018 Newport News Rent Report

Welcome to the June 2018 Newport News Rent Report. Newport News rents declined over the past month. In this report, we'll evaluate trends in the Newport News rental market, including comparisons to cities throughout the state and nation.

View full Newport News Rent Report
Rent Report
Newport News

June 2018 Newport News Rent Report

Welcome to the June 2018 Newport News Rent Report. Newport News rents declined over the past month. In this report, we'll evaluate trends in the Newport News rental market, including comparisons to cities throughout the state and nation.

Newport News rents declined moderately over the past month

Newport News rents have declined 0.3% over the past month, but are up slightly by 1.3% in comparison to the same time last year. Currently, median rents in Newport News stand at $840 for a one-bedroom apartment and $1,010 for a two-bedroom. This is the second straight month that the city has seen rent decreases after an increase in March. Newport News' year-over-year rent growth leads the state average of 0.9%, but trails the national average of 1.5%.

Rents rising across cities in Virginia

Throughout the past year, rent increases have been occurring not just in the city of Newport News, but across the entire state. Of the largest 10 cities that we have data for in Virginia, all of them have seen prices rise. The state as a whole logged rent growth of 0.9% over the past year. Here's a look at how rents compare across some of the largest cities in the state.

  • Looking throughout the state, Arlington is the most expensive of all Virginia's major cities, with a median two-bedroom rent of $2,050; of the 10 largest Virginia cities that we have data for, all have seen rents rise year-over-year, with Richmond experiencing the fastest growth (+3.3%).
  • Hampton, Chesapeake, and Suffolk have all experienced year-over-year growth above the state average (2.4%, 1.9%, and 1.8%, respectively).

Newport News rents more affordable than many large cities nationwide

As rents have increased slightly in Newport News, a few large cities nationwide have seen rents grow more quickly. Newport News is still more affordable than most large cities across the country.

  • Newport News' median two-bedroom rent of $1,010 is below the national average of $1,170. Nationwide, rents have grown by 1.5% over the past year compared to the 1.3% rise in Newport News.
  • While Newport News' rents rose slightly over the past year, the city of Seattle saw a decrease of 0.8%.
  • Renters will find more reasonable prices in Newport News than most large cities. For example, San Francisco has a median 2BR rent of $3,070, which is more than three times the price in Newport News.

For more information check out our national report. You can also access our full data for cities and counties across the U.S. at this link.
City Median 1BR price Median 2BR price M/M price change Y/Y price change
Virginia Beach $1,070 $1,280 0.4% 1.5%
Norfolk $790 $950 0.2% 0.1%
Chesapeake $990 $1,190 0.2% 1.9%
Newport News $840 $1,010 -0.3% 1.3%
Hampton $870 $1,040 0.4% 2.4%
Portsmouth $770 $920 0.4% 0.0%
Suffolk $920 $1,100 1.5% 1.8%
Williamsburg $1,000 $1,190 0.9% 1.6%

Methodology - Recent Updates:

Data from private listing sites, including our own, tends to skew toward luxury apartments, which introduces sample bias when estimates are calculated directly from these listings. To address these limitations, we’ve recently made major updates to our methodology, which we believe have greatly improved the accuracy and reliability of our estimates.

Read more about our new methodology below, or see a more detailed post here.

Methodology:

Apartment List is committed to making our rent estimates the best and most accurate available. To do this, we start with reliable median rent statistics from the Census Bureau, then extrapolate them forward to the current month using a growth rate calculated from our listing data. In doing so, we use a same-unit analysis similar to Case-Shiller’s approach, comparing only units that are available across both time periods to provide an accurate picture of rent growth in cities across the country.

Our approach corrects for the sample bias inherent in other private sources, producing results that are much closer to statistics published by the Census Bureau and HUD. Our methodology also allows us to construct a picture of rent growth over an extended period of time, with estimates that are updated each month.

Read more about our methodology here.

About Rent Reports:

Apartment List publishes monthly reports on rental trends for hundreds of cities across the U.S. We intend these reports to be a source of reliable information that help renters and policymakers make sound decisions, and we invest significant time and effort in gathering and analyzing rent data. Our work is covered regularly by journalists across the country.

We are continuously working to improve our methodology and data, with the goal of providing renters with the information that they need to make the best decisions.