Cheap Apartments for Rent in the Hope Valley Neighborhood of Durham, NC from $500 (34 Rentals)

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

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Mutual Manor
1 to 2 Bedroom Apartments

Mutual Manor

3146 Fayetteville StDurham, NC 27707
Senior Living
  • Utilities Included

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Fox Chase
1 Bedroom Apartments

Fox Chase

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

Bennett Square

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

Sutton Station

5836 Fayetteville RdDurham, NC 27713
  • Utilities Included
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Taylor's Pond
1 to 2 Bedroom Apartments

Taylor's Pond

401 Archdale DrDurham, NC 27707
  • Utilities Included
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Hawk's Nest
2 Bedroom Apartments

Hawk's Nest

3400 Sandy Creek DrDurham, NC 27705
  • Utilities Included

Durham's Best Affordable Neighborhoods

Learn about Durham and the best places to live with original content written by Local Expert Billy K

property at 2145 Charles St

$1,295

2 Bedroom, 2 Bath Townhome for Rent

Available Now

2145 Charles St

DurhamNC27707

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 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 ListingModel NameBed/BathPriced From
Vivo Living Ivy CreekSTDO - StudioStudio,1BA$839
South Point1 Bedroom 1 Bathoom1BR,1BA$899
Rolling Hills ApartmentsRH 1B 1B1BR,1BA$900
Crossings @ 5011x1 Creekview Classic- Call for Availability1BR,1BA$900
Glenbrook East and WestThe Brightleaf GW 7001BR,1BA$925
Fox ChaseThe Brightleaf 7001BR,1BA$930
University Ridge ApartmentsA11BR,1BA$948
The Mews Apartments and TownhomesThe Dover1BR,1BA$971
Mission University PinesA11BR,1BA$990
The SawyerA11BR,1BA$1,050

Best Value Apartments for Rent in Hope Valley, NC

As of December 22, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
LochridgeThe Trinity 18003BR,2.5BA$1.05
501 Towns-Lexington Street ApartmentsB1.52BR,1.5BA$1.26
Taylor's PondThe Eno 11622BR,2.5BA$1.14
Colonial Townhouses- Students save up to 10%!Yorktown2BR,1.5BA$1.23
Hawk's NestThe Eno 9802BR,1.5BA$1.25
Sutton StationThe Duke 961a1BR,1BA$1.40
The SawyerA1 Renovated1BR,1BA$1.33
Alden Place at South SquareRichmond1BR,1BA$1.40
The Mews Apartments and TownhomesThe Dover1BR,1BA$1.29
South Point1 Bedroom 1 Bathoom1BR,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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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.

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Pet Friendly Lifestyle
Hope Valley, Durham, NC

Ranked #50

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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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!

Getting Around the Hope Valley Neighborhood in Durham, NC

Walk Score®

31 / 100

Car-Dependent

Most errands require a car

Bike Score®

40 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

27 / 100

Some Transit

A few nearby public transportation options

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 103 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 $970 which is $1,453 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

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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.

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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.

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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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!