Home Insurance in Newport, Minnesota
The median home value in Newport is $378,100, 10% lower than the Washington County median.
The typical home in Newport was built around 1976. Aging wiring, roofing and plumbing in older homes can push up the cost to insure or rebuild them. About 21% of homes were built before 1960, about 8 points above Washington County's 13%.
Housing in Newport breaks down to 69% single-family homes and 24% apartments in buildings with 5+ units.
67% of owner-occupied homes in Newport carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 67% of occupied homes in Newport are owner-occupied.
Most homes in Newport - 74% - are primarily heated with natural gas.
What's the biggest home insurance risk near Newport? FEMA's National Risk Index points to strong wind (Very High) in Washington County and Washington County had 323 active NFIP flood policies as of September 2026. See the full Washington County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Minnesota is $1,988 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $378,100 |
|---|---|
| Median year built | 1976 |
| Owner-occupied share | 67% |
| Share of owner-occupied homes with a mortgage | 67% |
| Top county hazard | Strong Wind (Very High) |
| Active NFIP policies in Washington County | 323 |
| Home insurance premium | $1,988 - statewide average (NAIC, 2023 data) |
Nearby towns
- South St. Paul
- St. Paul Park
- Woodbury
- Sunfish Lake
- Inver Grove Heights
- West St. Paul
- Landfall
- Cottage Grove
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)