Total monthly cost of ownership
Cost to Own a Home in Newport, Washington
A $231,000 home here costs
$1,735per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,188. The real number is $547 higher every month — 46% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Newport against Pend Oreille County and Washington
| Measure | Newport | Pend Oreille County |
|---|---|---|
| Median home value | $230,500 | $307,800 |
| Median property tax | $1,412 | $2,048 |
| Effective tax rate | 0.613% | 0.665% |
| Median gross rent | $548 | $786 |
| Population | 2,269 | 13,811 |
The weather behind that power bill
Newport sits in Pend Oreille County, which averages a high of 84.2°F in its hottest month and a low of 21.1°F in its coldest, with 22.52" of precipitation a year and 39% of it in a single three-month stretch. That climate drives 217 cooling and 7,286 heating degree days, which is what sets the $134 electricity line above.
See the full climate breakdown for Pend Oreille County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Pend Oreille County
No other places of this size are published in Pend Oreille County.
Full Pend Oreille County cost breakdown · Every county in Washington
Common questions
How much does it cost to own a home in Newport?
A $231,000 home in Newport, Washington costs approximately $1,735 per month with 20% down at 6.66%. That is $1,188 principal and interest, $118 property tax, $34 homeowners insurance, $202 utilities and $193 set aside for maintenance.
What is the property tax rate in Newport?
Newport has an effective property tax rate of 0.613%, based on a median home value of $230,500 and median real estate taxes of $1,412. That is lower than the Pend Oreille County average of 0.665%.
What is the average home price in Newport?
The median owner-occupied home value in Newport, Washington is $230,500, against $307,800 across Pend Oreille County.
Is it cheaper to rent or buy in Newport?
Median gross rent in Newport is $548 a month, against $1,735 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Newport — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Washington.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.