Cheap Homes for Rent in Hope Valley Neighborhood of Durham, NC from $500 (5 Rentals)

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Search the lowest-cost Homes 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.

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.

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 1 Bed unit found at Rolling Hills Apartments priced from $835. Crossings @ 501 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $900. Here are the most affordable Hope Valley apartments for rent in Durham, NC:

Apartment ListingModel NameBed/BathPriced From
Rolling Hills ApartmentsRH 1B 1B1BR,1BA$835
Crossings @ 5011x1 Creekview Classic- Call for Availability1BR,1BA$900
The Mews Apartments and TownhomesThe Dover1BR,1BA$915

Best Value Apartments for Rent in Hope Valley, NC

As of May 25, 2026 the best value apartment in the Hope Valley area is the $1.06 price per square foot B2 Model at Vetra Forest Hills - Lexington Street in the in the Fayetteville Street Corridor neighborhood starting from $1,595. The second greatest value Hope Valley apartment is the The Eno 1250 Model at Lochridge starting at $1,460 with a $1.18 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.
Vetra Forest Hills - Lexington StreetB22BR,2BA$1.06
LochridgeThe Eno 12502BR,2.5BA$1.18
The SawyerB1R2BR,2BA$1.28
Pickett Square TownhomesThe Eno 10252BR,2BA$1.39
Alden Place at South SquareRichmond1BR,1BA$1.48
ReNew DurhamAtlanta1BR,1BA$1.43
The Mews Apartments and TownhomesThe Dover1BR,1BA$1.22
Mission University PinesA21BR,1BA$1.26
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.

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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.

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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 #48

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Hope Valley

What type of rentals are currently available in Hope Valley?

There are currently 54 Apartments for Rent in Hope Valley, NC with pricing that ranges from $799 to $6,242. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hope Valley ranging from $585 to $4,600.

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 $585 to $4,600 with an average monthly rent of $1,956.

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 $1,370 to $6,242, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,600 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,845 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

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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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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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

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.