
Cheap Apartments for Rent in the Hope Valley Neighborhood of Durham, NC from $500 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in the Hope Valley area of Durham.


Room in Condo on Chimney Ridge Pl

Room in House on Booker Ave

Vivo Living Ivy Creek

Room in Townhome on Shoreside Dr

Glenbrook East and West

Crossings @ 501
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Rolling Hills Apartments

The Mews Apartments and Townhomes

Mission University Pines

Lakeside Gardens

Alden Place at South Square

Springfield Apartments
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Southpoint Glen

ReNew Durham

The Bailey Apartments

Colonial Townhouses- Students save up to 10%!

South Square Townhomes

Chandler at University Tower
Durham's Best Affordable Neighborhoods
Learn about Durham and the best places to live with original content written by Local Expert Billy K

2532 S Roxboro St
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2146 Charles St

2145 Charles St, Unit 601
Hope Valley, Durham, NC Local Guide

How much does it cost to rent an apartment in Hope Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hope Valley Studio Apartments | $1,021 | $839 | $1,755 |
| Hope Valley 1 Bedroom Apartments | $1,349 | $864 | $3,199 |
| Hope Valley 2 Bedroom Apartments | $1,494 | $999 | $2,960 |
| Hope Valley 3 Bedroom Apartments | $2,045 | $1,399 | $4,559 |
| Hope Valley 4 Bedroom Apartments | $2,584 | $2,423 | $3,718 |
Browse Apartments in this Neighborhood
There are currently 34 rentals with your search options within a 2 mile radius of the Hope Valley Neighborhood of Durham, NC.
See all Apartments in DurhamExplore Durham
Hope Valley, Durham, NC Local Guide
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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 Vivo Living Ivy Creek priced from $839. South Point has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Hope Valley apartments for rent in Durham, NC:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Vivo Living Ivy Creek | STDO - Studio | Studio,1BA | $839 |
| South Point | 1 Bedroom 1 Bathoom | 1BR,1BA | $899 |
| Rolling Hills Apartments | RH 1B 1B | 1BR,1BA | $900 |
| Crossings @ 501 | 1x1 Creekview Classic- Call for Availability | 1BR,1BA | $900 |
| Glenbrook East and West | The Brightleaf GW 700 | 1BR,1BA | $927 |
| Fox Chase | The Brightleaf 700 | 1BR,1BA | $927 |
| University Ridge Apartments | A1 | 1BR,1BA | $948 |
| The Mews Apartments and Townhomes | The Dover | 1BR,1BA | $960 |
| Mission University Pines | A1 | 1BR,1BA | $995 |
| The Sawyer | A1 | 1BR,1BA | $1,050 |
Best Value Apartments for Rent in Hope Valley, NC
As of December 25, 2025 the best value apartment in the Hope Valley area is the $1.05 price per square foot The Trinity 1800 Model at Lochridge in the in the South Durham neighborhood starting from $1,895. The second greatest value Hope Valley apartment is the B1.5 Model at 501 Towns-Lexington Street Apartments starting at $1,515 with a $1.26 price per square foot in the Fayetteville Street Corridor neighborhood. Here is today’s list of the best values for Hope Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lochridge | The Trinity 1800 | 3BR,2.5BA | $1.05 |
| 501 Towns-Lexington Street Apartments | B1.5 | 2BR,1.5BA | $1.26 |
| Taylor's Pond | The Eno 1162 | 2BR,2.5BA | $1.14 |
| Colonial Townhouses- Students save up to 10%! | Yorktown | 2BR,1.5BA | $1.22 |
| Hawk's Nest | The Eno 980 | 2BR,1.5BA | $1.26 |
| Sutton Station | The Duke 961a | 1BR,1BA | $1.41 |
| The Sawyer | A1 Renovated | 1BR,1BA | $1.33 |
| Alden Place at South Square | Richmond | 1BR,1BA | $1.35 |
| The Mews Apartments and Townhomes | The Dover | 1BR,1BA | $1.28 |
| South Point | 1 Bedroom 1 Bathoom | 1BR,1BA | $1.28 |
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.
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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 ArticleQuick 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.
Pet Friendly LifestyleHope Valley, Durham, NC
Ranked #49
Among cities in North Carolina for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Best Local Schools in Hope Valley, Durham, NC
Charles E Jordan Sr High School
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 $1,050.
What is the price of a cheap apartment in Hope Valley?
The cheapest apartment in Hope Valley is South Point which is listed at $899, while the average apartment in Hope Valley costs $2,423.
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 101 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 $963 which is $1,460 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

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.

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.











