
Cheap Homes for Rent in Hope Valley Neighborhood of Durham, NC from $500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Hope Valley area of Durham.


Room in House on Booker Ave
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.

2146 Charles St

3803 Chimney Ridge Pl
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.

519 Woodwinds Dr
Hope Valley, Durham, NC Local Guide

How much does it cost to rent a home in Hope Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hope Valley 2 Bedroom Homes for Rent | $1,607 | $1,000 | $2,000 |
| Hope Valley 3 Bedroom Homes for Rent | $2,121 | $1,595 | $4,500 |
| Hope Valley 4 Bedroom Homes for Rent | $2,903 | $2,475 | $3,695 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Hope Valley Neighborhood of Durham, NC.
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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 $799. Fox Chase has the second lowest priced unit, which is a 1 Bed apartment currently listed from $890. 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 | $799 |
| Fox Chase | The Brightleaf 650 | 1BR,1BA | $890 |
| South Point | 1 Bedroom 1 Bathoom | 1BR,1BA | $899 |
Best Value Apartments for Rent in Hope Valley, NC
As of April 10, 2026 the best value apartment in the Hope Valley area is the $1.08 price per square foot The Eno 1250 Model at Lochridge in the in the South Durham neighborhood starting from $1,330. The second greatest value Hope Valley apartment is the Durham Model at ReNew Durham starting at $1,679 with a $1.38 price per square foot in the Downtown Durham 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 Eno 1250 | 2BR,2.5BA | $1.08 |
| ReNew Durham | Durham | 3BR,2BA | $1.38 |
| Colonial Townhouses- Students save up to 10%! | Yorktown | 2BR,1.5BA | $1.22 |
| The Sawyer | A1R | 1BR,1BA | $1.33 |
| Alden Place at South Square | Richmond | 1BR,1BA | $1.45 |
| Rolling Hills Apartments | RH 2B 1B | 2BR,1BA | $1.31 |
| Mission University Pines | A3 | 1BR,1BA | $1.29 |
| The Mews Apartments and Townhomes | The Dover | 1BR,1BA | $1.30 |
| South Point | 1 Bedroom 1 Bathoom | 1BR,1BA | $1.28 |
| Fox Chase | The Brightleaf 650 | 1BR,1BA | $1.37 |
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.
Read ArticleDon'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 ArticleThe 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.
Read ArticleCash 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 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
3.0Pet Friendly
Best Local Schools in Hope Valley, Durham, NC
Charles E Jordan Sr High School
School data provided by Great Schools
Frequently Asked Questions about Hope Valley
What type of rentals are currently available in Hope Valley?
There are currently 50 Apartments for Rent in Hope Valley, NC with pricing that ranges from $799 to $5,311. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hope Valley ranging from $590 to $4,500.
What is the current price range for Rental Homes in Hope Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hope Valley ranges from $590 to $4,500 with an average monthly rent of $1,936.
How much are larger Three and Four Bedroom Rentals in Hope Valley?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hope Valley range from $1,385 to $5,311, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,595 to $4,500. Four Bedroom Single-Family rentals are also available starting from $2,475 and Four Bedroom Apartments start at $1,690.
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.
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.

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.