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City · 6,881 residents · Cocke County, Tennessee

Newport , Tennessee

In Newport, a typical home is worth $133,500 and typical rent is $720 a month. Compared with all of Cocke County, typical household income is 35% lower, the typical home value is 16% lower, and the share of households that own their home is 19 points lower.

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  • Typical home value

    $133,500

    16% below the county

    53% below Tennessee

    • Newport
    • Cocke
    • Tennessee

  • Typical rent

    $720a month

    10% below the county

    39% below Tennessee

    • Newport
    • Cocke
    • Tennessee

  • Typical household income

    $31,250a year

    35% below the county

    55% below Tennessee

    • Newport
    • Cocke
    • Tennessee

  • Households that own their home

    56%

    19 points below the county

    11 points below Tennessee

    • Newport
    • Cocke
    • Tennessee

Source: U.S. Census Bureau, Average 2020–2024

Market now, with Zillow data

Zillow data
Typical home value
$227,891
2.9% more than 12 months ago

From Zillow (ZHVI), September 2026. The Census figures above are 5-year averages (2020–2024).

Newport is in Cocke County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Cocke County. See the county

Data updated: October 1, 2026 11 official sources

Only here

What sets Newport apart

What this place has that others do not, from public data, most unusual first.

  1. Newport has the lowest typical household income of the 113 cities in Tennessee with more than 5,000 people: $31,250.

  2. Newport has the 3rd lowest typical home value of the 113 cities in Tennessee with more than 5,000 people ($133,500).

  3. 56% of households in Newport own their home, against 75% in Cocke County.

  4. Newport has the 8th lowest typical rent of the 109 cities in Tennessee with more than 5,000 people ($720).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Newport

What homes there are in Newport, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

The detached house is the most common home in Newport: 61% of homes, near the figure in Cocke County (63%).

Year built

Homes in Newport are older: the typical year built is 1973; in Cocke County, 1987.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

By rent, most homes in Newport cost less than HUD's 2-bedroom fair market rent ($995): about 80%.

With a mortgage

$994 a month

Cocke County: $1,090 a month

Without a mortgage

$481 a month

Cocke County: $402 a month

Owners with a mortgage

52%

Cocke County: 41%

In Newport, 52% of owners have a mortgage, and their typical cost is $994 a month, against $1,090 in Cocke County. Without one it drops to $481.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

From 2015–2019 to 2020–2024, the typical home value in Newport rose 48%; in Cocke County, it rose 40%.

The typical rent in Newport rose 49% over the same time; in Cocke County, it rose 24%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureNewportCocke CountyTennesseeUnited States
Rental vacancy Unreliable estimateUnreliable estimate6.1%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate0.9%0.9%
More than one person per room Unreliable estimate3.7%2.2%3.4%
People per household 2.172.352.452.53
Drive alone 77%81%76%69%
Carpool Unreliable estimate13%8%9%
Public transit Unreliable estimateUnreliable estimate0%3%
Walk or bike Unreliable estimateUnreliable estimate1%3%
Work from home Unreliable estimate4%13%15%
Other means Unreliable estimateUnreliable estimate1%2%
Typical commute Unreliable estimate30 to 39 minutes20 to 29 minutes20 to 29 minutes

On average, a household in Newport has 2.17 people, fewer than in Cocke County (2.35).

In Newport, 77% of workers drive alone to work; in Cocke County, 81%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Newport?

A typical home costs more than the typical income allows

We start with a typical home in Newport, worth $133,500, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 43% of the typical household income in Newport, which is $31,250 a year. For that payment to be 28% of income, a household would need to earn about $47,644 a year.

The calculator's FHA and conventional loan limits are those of all of Cocke County.

Your numbers

Local data
$

Starts at the typical home value in Newport. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $4,673 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$1,112

at 7.18% · 30 years

Loan amount
$131,081
Total interest
$188,595
Paid off in
November 2056

Includes $2,254 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $729 a month

  • Tight

    $729 to $937 a month

  • Hard

    more than $937 a month

    Your payment · 43%

Compared with the typical household income in Newport ($31,250 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,112
Principal & interest$888
Property tax$109
Home insurance$56
FHA mortgage insurance (MIP)$59

You need at least $4,673 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Newport and Cocke County

Newport is in Cocke County, Tennessee. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Newport's own numbers

Typical home value
$133,500
Typical monthly rent
$720
Typical yearly household income
$31,250
Households that own their home
56%
Effective property tax rate
0.98%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Cocke County

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$995
Price change over 5 years (FHFA)
+71%
Homes in a high flood-risk zone
4.6%

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Cocke County.

Everything about Cocke County

Buying

Buying a home in Newport

A typical home in Newport is worth $133,500: 16% below the county and 53% below Tennessee. With the typical household income in Newport ($31,250 a year), a typical home costs 4.3 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Newport 4.3 years
  • Cocke 3.3 years
  • Tennessee 4.1 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Cocke County

According to FHFA’s house price index, home prices in Cocke County rose 115% in the 10 years through 2025.

FHFA does not publish this index by city: these are the numbers for all of Cocke County.

Period County Tennessee U.S.
Last year (2025) +2.8% +2.4% +2.9%
5 years (2020–2025) +71% +60% +47%
10 years (2015–2025) +115% +114% +85%

The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data

Newport next to Cocke County, Tennessee and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Newport $133,500
  • Cocke $158,100
  • Tennessee $286,700
  • United States $332,700
Typical monthly rent
  • Newport $720
  • Cocke $798
  • Tennessee $1,189
  • United States $1,413
Typical yearly household income
  • Newport $31,250
  • Cocke $48,016
  • Tennessee $69,595
  • United States $80,734
See the full table
Newport next to Cocke County and Tennessee
Measure Newport Cocke County Tennessee U.S.
Typical home value $133,500 $158,100 $286,700 $332,700
Typical monthly rent $720 $798 $1,189 $1,413
Typical yearly household income $31,250 $48,016 $69,595 $80,734
Households that own their home 56% 75% 67% 65%
Typical yearly property tax $1,314 $898 $1,442 $3,119
Effective property tax rate 0.98% 0.57% 0.5% 0.94%
Renters with high rent for their income 50% 48% 49% 51%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Cocke County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Newport

For a typical $133,500 home in Newport, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Newport's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,112a month

    Least cash to close
    Down payment
    $4,673
    Cash to close
    $8,678
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $59

  • Conventional, 5% down $1,087a month

    Down payment
    $6,675
    Cash to close
    $10,680
    Rate
    7.18%
    Mortgage insurance
    PMI · $63

  • Conventional, 20% down, no PMI $888a month

    Down payment
    $26,700
    Cash to close
    $30,705
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $1,012a month

    Down payment
    $20,025
    Cash to close
    $24,030
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Newport and for Cocke County.

Property tax

Effective rate in Newport

0.98%of the home’s value each year

$1,314 a year for the typical owner in Newport.

  • Newport 0.98%
  • Cocke 0.57%
  • Tennessee 0.5%

What Tennessee publishes Property tax relief for older, disabled and disabled-veteran homeowners (Tennessee Comptroller of the Treasury, 2026 Property Tax Relief Program brochure)

Exemptions and deadlines in Tennessee

Flood risk in Cocke County

FEMA does not publish these numbers by city: they are for all of Cocke County.

Homes in the high-risk zone
4.6%
807
Of those, with NFIP insurance
19%
County Tennessee U.S.
Homes in the high-risk zone 4.6% 1.6% 3.5%
Of those, with NFIP insurance 19% 25% 48%

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Newport

Typical rent in Newport is $720 a month: 10% below the county. In Newport, 50% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Cocke County, by unit size. To pay the 2-bedroom one ($995 a month) without spending more than 30% of your income, you would need to earn $19.13 an hour working full time.

HUD fair market rent for all of Cocke County

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $761 $14.63 $30,440
1 bedroom $914 $17.58 $36,560
2 bedrooms $995 $19.13 $39,800
3 bedrooms $1,322 $25.42 $52,880
4 bedrooms $1,406 $27.04 $56,240

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Newport

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Newport is in ZIP code 37821.

For 2 bedrooms it is $1,030: $35 more than the fair market rent for Cocke County ($995).

  • 37821 $1,030$1,330

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Newport when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Newport

HUD lists 9 buildings with rents for lower incomes in Newport. These are the largest.

  • Col. C. T. Rhyne Homes 335 E Broadway, Newport 37821 403 homes, 400 low-income · Run by Newport Housing Authority · Average payment: $410 a month · Average wait: 8 months (423) 623-1575
  • BLUE RIDGE APARTMENTS, Ltd. 800 Blue Ridge Way, Newport 37821 88 homes, 87 low-income · For families (423) 623-0079
  • Newport Terrace Apartments 420 Terrace Way, Newport 37821 51 homes, 49 low-income · For families (423) 623-8949
  • Newport Village Apt 420 Appalachian Way, Newport 37821 40 low-income homes · 1 bd: 40 · In service since 1992 · For families
  • River Rest Apts 330 River Rest Way, Newport 37821 34 low-income homes · 1 bd: 28 · 2 bd: 6 · In service since 1994 · For families

See all 9 buildings in Cocke County Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Newport

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Cocke County. The nearest ones are below; many serve by phone or online.

An older woman smiles in front of her apartment building.

HUD counseling is free or low-cost

Assistance programs in Newport

No down payment, repair or rent-help program on our list is for Newport or Cocke County. The ones below are statewide in Tennessee: they work in Newport the same as in the rest of the state.

Which programs do I qualify for? All programs in Tennessee

  • Great Choice Plus

    Statewide in Tennessee

    Tennessee state agency help with the down payment and closing costs alongside the Great Choice mortgage: $6,000 or $10,000 forgivable over 10 years with no payments, or up to 5% of the price (maximum $15,000) as a 30-year second mortgage. Offered by Tennessee Housing Development Agency (THDA).

    ForgivableRepayable

    See the program Official page

Housing counselors near Newport

The HUD-approved agencies closest to the center of Newport, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Telamon Corporation - Tennessee Branch

    100 Erin Ln, Bulls Gap · 20 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 8 more
    (984) 365-6571

  • Clinch-Powell Resource Conservation and Development Council, Inc

    7995 Rutledge Pike, Rutledge · 28 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 7 more
    (865) 828-5927

  • KNOX HOUSING PARTNERSHIP, INCORPORATED dba HOMESOURCE EAST TENNESSEE

    109 Winona St, Knoxville · 40 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (865) 637-1679

All counseling agencies in Tennessee

Help in Spanish near Newport

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Newport

HUD’s record names them for Newport or Cocke County. They run public housing or Section 8 vouchers. Ask whether their waiting list is open.

All housing agencies in Tennessee Source: HUD

Cities

Nearby cities

The cities closest to Newport, with the typical home value.

Everything about Cocke County Housing in Tennessee

Neighboring counties

If Cocke County is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Newport.

All guides
A mother holds hands with her two daughters on the beach at sunset.

Questions

Housing questions about Newport

Short answers with the numbers for Newport and all of Cocke County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Newport?

The typical home value in Newport is $133,500, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Cocke County it is $158,100.

How much does it cost to rent in Newport?

Typical rent in Newport is $720 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Cocke County is $995.

What is the FHA loan limit in Newport?

Newport uses the FHA limit for all of Cocke County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Newport?

The typical homeowner in Newport pays $1,314 a year, according to the U.S. Census Bureau. That is 0.98% of the home’s value; in Cocke County, the rate is 0.57%.

Where can I find free help to buy or rent in Newport?

We found no HUD-approved counseling agencies with an office in Cocke County; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026); FHFA House Price Index (HPI) (2025 data); Homes with flood insurance (NFIP, FEMA) (As of August 3, 2026).