Rent to own Homes in Newport, KY

Newport, Kentucky, is home to Newport on the Levee, a collection of dining, shopping and entertainment offerings that's sure to please visitors of all ages. From the Funny Bone comedy club to all the toppings you can handle at Dewey's Pizza, the Levee is brimming with fun. Newport is conveniently situated directly across the Ohio River from "Queen City" Cincinnati, Ohio, allowing residents to easily partake in all that Cincinnati has to offer.

Newport, KY is a great place for affordable rent-to-own homes! With a median household income of over $39,335 and a median rent of $722, the Newport, KY rent-to-own market is more affordable than the traditional housing market which has shown tremendous growth across the U.S. and with it, aggressive competition for home purchases. With the current housing shortage trend it can make it harder to become a homeowner, including in Newport, KY. This means higher than average down payments for homes and higher qualification standards for conventional home loans. With a rent-to-own property, tenants are also buyers. You can live in the house for a set amount of time before you purchase it, meaning that you get to know the house, your neighbors, and your community before making the final purchase. This enables you and your family to make the right choice based on both information and experience. Rent-to-own is also a great alternative way to get into a home if you have bad credit or don't have enough saved for a down payment.

Check out Newport, KY rent to own homes for sale, which may include auction properties, for sale by owner, and more.
Showing 1 - 44 of 176
New
1 of 29 277 VAN VOAST AVE
Rent To Own
Bellevue
Single Family Home
Bellevue, KY 41073
2
2
1152 ft2
1880
1719 Holman St
Rent To Own
Peaselburg
Single Family Home
Covington, KY 41011
3
1
1524 ft2
1910
Manhattan Blvd #K
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
353 Manhattan Blvd #2B
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
2
1620 ft2
1338 6TH AVE
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
2
1146 ft2
1920
New
Manhattan Blvd #E
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
New
Manhattan Blvd #C
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
Manhattan Blvd #B
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
Manhattan Blvd #I
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
Manhattan Blvd #A
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
Manhattan Blvd #J
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
Manhattan Blvd #N
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1600 ft2
Manhattan Blvd #H
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
Manhattan Blvd #L
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
Manhattan Blvd #M
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1600 ft2
Manhattan Blvd #F
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
Manhattan Blvd #D
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1421 ft2
Manhattan Blvd #G
Rent To Own
Dayton
Single Family Home
Dayton, KY 41074
2
3
1484 ft2
2132 GILBERT AVE
Rent To Own
Walnut Hills
Townhouse/Condo
Cincinnati, OH 45206
2
3
1244 ft2
1987
2046 CLAUDIA CT
Rent To Own
Mount Washington
Single Family Home
Cincinnati, OH 45230
2
2
1014 ft2
1957
5506 STEWART AVE
Rent To Own
 
Single Family Home
Cincinnati, OH 45227
3
3
1206 ft2
1925
4916 JAMESON ST
Rent To Own
Madisonville
Single Family Home
Cincinnati, OH 45227
2
1
933 ft2
1899
3167 SUMMITRUN DR
Rent To Own
 
Single Family Home
Independence, KY 41051
4
3
1833 ft2
2004
1204 GLENNA DR
Rent To Own
Central Delhi
Single Family Home
Cincinnati, OH 45238
2
2
1286 ft2
1950
4179 RIVER RD
Rent To Own
 
Single Family Home
Hebron, KY 41048
4
2
2908 ft2
1912
5050 KUGLER MILL RD
Rent To Own
Kenwood
Single Family Home
Cincinnati, OH 45236
4
2
2241 ft2
1940
6611 HEARNE RD #97
Rent To Own
Dent
Townhouse/Condo
Cincinnati, OH 45248
1
1
608 ft2
1976
3076 PALMER PL
Rent To Own
Burlington
Townhouse/Condo
Burlington, KY 41005
3
4
1500 ft2
2014
10126 LINCOLN RD
Rent To Own
Camp Dennison
Single Family Home
Camp Dennison, OH 45111
3
1
1296 ft2
1977
1 of 25 7117 CLAWSON RIDGE CT
Rent To Own
 
Single Family Home
Liberty Twp, OH 45011
6
3
3068 ft2
1992
1649 TULEY RD
Rent To Own
 
Single Family Home
Fairfield Township, OH 45015
3
1
738 ft2
1948
716 POPLAR ST
Rent To Own
East Hamilton
Single Family Home
Hamilton, OH 45011
3
1
1056 ft2
1920
2336 QUEEN MARY LN
Rent To Own
 
Single Family Home
Hamilton, OH 45013
3
3
1948 ft2
1961
6020 GOSHEN RD
Rent To Own
 
Single Family Home
Goshen, OH 45122
3
1
960 ft2
1959
8881 EVAN CT
Rent To Own
 
Single Family Home
Springboro, OH 45066
3
2
2578 ft2
1988
1 of 27 722 WASHINGTON AVE
Rent To Own
Newport
Single Family Home
Newport, KY 41071
1
1
1024 ft2
1899
Hot
1 of 75 728 LINDEN AVE
Rent To Own
Gateway
Single Family Home
Newport, KY 41071
4
4
2400 ft2
1907
Hot
1 of 15 605 E 16TH ST
Rent To Own
Covington
Single Family Home
Covington, KY 41014
3
1
1104 ft2
1913
1 of 40 101 FROSTY CT
Rent To Own
Southgate
Single Family Home
Southgate, KY 41071
4
3
2034 ft2
1999
Hot
336 DELMAR PL
Rent To Own
Covington
Townhouse/Condo
Covington, KY 41014
2
2
1932 ft2
1909
Hot
1 of 29 126 ASPEN CT
Rent To Own
Cliffview
Single Family Home
Newport, KY 41071
3
4
1494 ft2
1999
1 of 18 624 TRUMAN LN #401
Rent To Own
Bellevue
Townhouse/Condo
Bellevue, KY 41073
2
2
1089 ft2
1988
1 of 4 309 Trevor
Rent To Own
Eastside Covington
Multifamily (2 - 4 Units)
Covington, KY 41014
3
2
1395 ft2
1 of 36 400 Riverboat Row
Rent To Own
Mansion Hill
Multifamily (2 - 4 Units)
Newport, KY 41071
3
3
2145 ft2
2008
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Buying a Home in Newport, KY

Newport, KY is seeing rapid growth and Newport, KY's' housing market remains optimal with an average home price that is -26% below the 2024 national average. Newport, KY is part of Kenton county and taxes are an important factor to consider when purchasing a home whether through rent to own or a traditional purchase. The average tax rate as of 2024 for county Kenton is 1.03% which is above the national average, which is 0.99%.

Median Home Price in Newport, KY

Median Rent in Newport, KY

Rent to own homes offer low monthly payments and flexible terms.

Top 6 Reasons to Live in Newport, Kentucky

Penguins and other aquatic wonders! Situated within Newport on the Levee is the Newport Aquarium, an aquatic wonderland filled with sharks, stingrays and polar bears. Have a penguin encounter, stroll down Gator Alley, or venture through Frog Bog. Turtle Canyon offers a glimpse into the lives of 14 turtle species from three separate continents.

Historical tours! Take a walk down memory lane with Newport's collection of guided tours, which delve into the city's rich history. Discover the tangled origins of Newport's early casinos and gamblers on the Newport Gangsters Tour, or experience the paranormal with the Newport is Haunted Tour, which profiles the city's most famous haunted locations, including the notoriously spooky Bobby Mackey's Music World.

Endless festivals! The city of Newport offers countless annual festivals for residents and visitors to enjoy. The Italianfest in June and the Queen City Sausage Festival in July help make the summer even more lively, while the Great Inland Seafood Festival and Oktoberfest help usher in fall.

Cultural flair! Music lovers will enjoy the diverse selection of live bands at the Southgate House, and drama enthusiasts will surely applaud the numerous productions held at both The Footlighters and the Falcon Theater.

Affordable housing! If you're looking to rent to own or buy in Newport, you'll be pleased to know that the housing here is known for its affordability. The community boasts a number of modern and historical properties within its neighborhoods, and the overall cost of living in Newport is 17% less than the national average. The availability of free things to do (like walking along the Purple People Bridge or viewing the World Peace Bell) sweetens the deal.

Beautiful neighborhoods! The city of Newport is composed of several neighborhoods, each offering its own unique charm. Clifton is positioned at the city's southern base and offers numerous housing options, from rental homes to homes for sale. For those who crave historical architecture, the East Row neighborhood features a historic district with gorgeous Victorian homes and ample character.