Performance indicators for the Newport short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Newport.
Loading top listings...
Challenging to Investors
STRs are allowed, but only via a Vacation Rental Permit with a formal public‑notice/hearing process, detailed documentation (site plan, management plan, life‑safety inspection), annual renewal, and ongoing occupancy/parking/compliance rules—creating a strict, multi‑step regulatory burden that raises investor risk despite citywide allowance.
Local STR Agent
STR specialist · Newport, WA
Newport is a small city in Pend Oreille County, in the far northeastern corner of Washington State, hugging the Idaho border across the Pend Oreille River. With a population of roughly 2,100 residents, it has the feel of a quiet Pacific Northwest border town, framed by forested hills and the broad river corridor. Historically tied to the timber and rail industries, Newport today functions largely as a small commercial hub and a launching point for outdoor recreation in the surrounding Selkirk Mountains and the Colville National Forest. The nearest major city is Spokane, Washington, which lies about 60 miles to the south along US-2, a scenic drive that follows the river corridor for much of the way.
The river itself is one of the area's defining features. The Pend Oreille River flows north through Newport toward Canada, and its calm stretches and quiet backwaters draw anglers looking for trout, kokanee, and smallmouth bass, as well as paddlers and birdwatchers. Riverside parks and public access points within town make it easy for visitors to walk down to the water without leaving the city limits, and the river valley scenery is a major part of the area's appeal in every season.
Just across the river bridge sits Oldtown, Idaho, essentially a twin community to Newport, and the state line itself becomes part of the local flavor. A short drive east on State Highway 2 leads into the Idaho Panhandle, where forested lakes and the Coeur d'Alene and Sandpoint regions open up. Roughly an hour east of Newport lies Sandpoint, Idaho, a well-known mountain-lake resort town on Lake Pend Oreille, with a walkable downtown, Schweitzer Mountain Resort nearby, and year-round outdoor activities that complement Newport's quieter pace.
To the south, the surrounding forests and mountains of the Colville National Forest offer hiking, camping, hunting, and snowmobiling, with trailheads and backcountry routes scattered throughout the region. In winter, the 49 Degrees North Mountain Resort near Chewelah, about an hour south of Newport, provides downhill skiing and tubing, giving short-term rental guests a true alpine experience within an easy day trip. The area's combination of low-key small-town character and immediate access to rivers, mountains, and cross-border exploration makes Newport a quietly compelling base for travelers who prefer uncrowded, nature-oriented stays over busier resort destinations.