Cheap Apartments for Rent in the Hope Valley Neighborhood of Durham, NC from $500 (32 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in the Hope Valley area of Durham.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Read Article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Read Article
close
View Me
Mutual Manor
1 to 2 Bedroom Apartments

Mutual Manor

3146 Fayetteville StDurham, NC 27707
Senior Living
  • Utilities Included

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Read Article
close
View Me
Fox Chase
1 Bedroom Apartments

Fox Chase

3601-3707 Highgate DrDurham, NC 27713
  • Utilities Included
close
View Me
Bennett Square
2 Bedroom Apartments

Bennett Square

2904 Chapel Hill RdDurham, NC 27707
close
View Me
Sutton Station
1 to 2 Bedroom Apartments

Sutton Station

5836 Fayetteville RdDurham, NC 27713
  • Utilities Included
close
View Me
Roxboro Quads
2 Bedroom Apartments

Roxboro Quads

2246-2314 S Roxboro StDurham, NC 27707
close
View Me
Taylor's Pond
1 to 2 Bedroom Apartments

Taylor's Pond

401 Archdale DrDurham, NC 27707
  • Utilities Included

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Read Article
Showing Results 1-32, Page 1 of 1

Hope Valley, Durham, NC Local Guide

Cheapest Available Hope Valley Apartments for Rent

 

The cheapest available apartment rental in the Hope Valley area of Durham, NC is a Studio unit found at CommonPlace Ivy Creek priced from $799. Rolling Hills Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $835. Here are the most affordable Hope Valley apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
CommonPlace Ivy CreekSTDO - StudioStudio,1BA$799
Rolling Hills ApartmentsRH 1B 1B1BR,1BA$835
The Mews Apartments and TownhomesThe Dover1BR,1BA$918
Crossings @ 501 ApartmentsCreekview Semi-Upgraded1BR,1BA$950
Southpoint GlenDogwood1BR,1BA$978
University Ridge ApartmentsA11BR,1BA$997
Glenbrook East and WestThe Brightleaf GWII 5351BR,1BA$999
South Point1 Bedroom 1 Bathoom1BR,1BA$999
Mission University PinesA31BR,1BA$1,008
The SawyerA11BR,1BA$1,025

Best Value Apartments for Rent in Hope Valley, NC

As of June 10, 2026 the best value apartment in the Hope Valley area is the $1.09 price per square foot The Eno 1250 Model at Lochridge in the in the South Durham neighborhood starting from $1,351. The second greatest value Hope Valley apartment is the Oakwood Model at Southpoint Glen starting at $1,628 with a $1.42 price per square foot in the South Durham neighborhood. Here is today’s list of the best values for Hope Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
LochridgeThe Eno 12502BR,2.5BA$1.09
Southpoint GlenOakwood3BR,2BA$1.42
The SawyerB1R2BR,2BA$1.28
Avon CrossingsTwo Bed and One Bath2BR,1BA$1.49
ReNew DurhamAtlanta1BR,1BA$1.45
Vetra Forest Hills - Lexington StreetB12BR,1BA$1.45
The Mews Apartments and TownhomesThe Dover1BR,1BA$1.22
Mission University PinesA21BR,1BA$1.38
South Point1 Bedroom 1 Bathoom1BR,1BA$1.43
Lakeside GardensOne Bed and One Bath1BR,1BA$1.47

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

Read Article
Decorative image

Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

Read Article
Decorative image

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
Hope Valley, Durham, NC

Ranked #49

Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

decorative image of woman handing cat to small boy

Best Local Schools in
Hope Valley, Durham, NC

School data provided by Great Schools

Lifestyle Ratings

Our team compares millions of points of data to bring you our detailed rental search system called 'Lifestyle ratings', composed of rentals in cities across the United States and customized analysis for Southwestern Durham. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for the best outdoor access, luxury amenities, transit availability, pet-friendly communities, places to raise kids, walking, and biking. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Hope Valley Apartments

What is a cheap apartment in Hope Valley?

A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Hope Valley is under $1,025.

What is the price of a cheap apartment in Hope Valley?

The cheapest apartment in Hope Valley is Rolling Hills Apartments which is listed at $835, while the average apartment in Hope Valley costs $1,770.

What types of apartments are the cheapest in Hope Valley?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 93 regular apartments in Hope Valley that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Hope Valley?

Cheap apartments in Hope Valley have an average cost of $738 which is $1,032 cheaper than the average rent for all rentals in Hope Valley.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC article

Your Guide to the Top 10 Affordable Neighborhoods to Rent in Durham, NC

Written by: Billy K

I'm Billy, your ApartmentHomeLiving.com Local Expert for Durham, North Carolina. And if you’re considering settling down in Durham, you’re in luck.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.