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The Freshwater, Yarmouth and Newport Railway was a railway line on the Isle of Wight, United Kingdom, connecting Freshwater and Yarmouth to Newport. It was intended to connect the thinly populated west of the island, and it opened in 1889. At Newport it relied on the existing Isle of Wight Central Railway's station, but trains entering it had to shunt back from the junction. The IoWCR worked the line until 1913.
The line was never commercially successful, and a break with the IoWCR in 1913 obliged the FY&NR hastily to build its own Newport station and acquire locomotives and rolling stock while in receivership.
After the Southern Railway absorbed the FY&NR in 1923, the SR developed holiday traffic, but it was highly seasonal and the heavy losses resulted in the line's closure in 1953.