Cheap Apartments for Rent in the Hope Valley Neighborhood of Durham, NC from $500 (40 Rentals)

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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.

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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.

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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.

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Mutual Manor
1 to 2 Bedroom Apartments

Mutual Manor

3146 Fayetteville StDurham, NC 27707
Senior Living
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Fox Chase
1 Bedroom Apartments

Fox Chase

3601-3707 Highgate DrDurham, NC 27713
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Durham's Best Affordable Neighborhoods

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

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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
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Lochridge
2 to 3 Bedroom Apartments

Lochridge

100-263 Lochridge DrDurham, NC 27713
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Taylor's Pond
1 to 2 Bedroom Apartments

Taylor's Pond

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

Hawk's Nest

3400 Sandy Creek DrDurham, NC 27705
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-40, 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 Vivo Living 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
Vivo Living Ivy CreekSTDO - StudioStudio,1BA$799
Rolling Hills ApartmentsRH 1B 1B1BR,1BA$835
Fox ChaseThe Brightleaf 6501BR,1BA$886
South Point1 Bedroom 1 Bathoom1BR,1BA$899
Crossings @ 5011x1 Creekview Classic- Call for Availability1BR,1BA$900
Mission University PinesA11BR,1BA$927
Glenbrook East and WestThe Brightleaf GWII 5351BR,1BA$941
The Mews Apartments and TownhomesThe Dover1BR,1BA$969
University Ridge ApartmentsA21BR,1BA$1,017
ReNew DurhamAtlanta1BR,1BA$1,019

Best Value Apartments for Rent in Hope Valley, NC

As of April 25, 2026 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 $1,890. The second greatest value Hope Valley apartment is the B1.5 Model at Vetra Forest Hills - Lexington Street starting at $1,189 with a $0.99 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
Vetra Forest Hills - Lexington StreetB1.52BR,1.5BA$0.99
Taylor's PondThe Eno 11622BR,2.5BA$1.15
Colonial Townhouses- Students save up to 10%!Yorktown2BR,1.5BA$1.23
Pickett Square TownhomesThe Eno 10252BR,2BA$1.40
The SawyerA2R1BR,1BA$1.32
ReNew DurhamAtlanta1BR,1BA$1.25
The Mews Apartments and TownhomesThe Dover1BR,1BA$1.29
South Point1 Bedroom 1 Bathoom1BR,1BA$1.28
Fox ChaseThe Brightleaf 6501BR,1BA$1.36

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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 #47

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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 $1,019.

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 $1,772.

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 $715 which is $1,057 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.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.