
Cheap Homes for Rent near Hope, IN from $675 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Hope.


202 E Taylor St

603 Chestnut St

106 W Broadway St
Rent According to Income: A Look at Income-Restricted Rentals
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529 W Taylor St

124 E Taylor St

714 Chestnut St

1511 Washington St
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
Hope, IN Local Guide

How much does it cost to rent a home in Hope?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hope 2 Bedroom Homes for Rent | $1,258 | $1,150 | $1,350 |
| Hope 3 Bedroom Homes for Rent | $2,306 | $1,450 | $6,995 |
| Hope 4 Bedroom Homes for Rent | $2,123 | $1,725 | $2,695 |
| Hope 5 Bedroom Homes for Rent | $5,997 | $3,000 | $8,995 |
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Hope, IN Local Guide
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Cheapest Available Hope Apartments for Rent and Nearby
 The cheapest available apartment rental in Hope, IN is a 4 Beds unit found at The Annex of Columbus priced from $675. 523 Miller Ave in the Downtown Shelbyville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Hope apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Annex of Columbus | 4 Bed 2 Bath | 4BR,2BA | $675 |
| 523 Miller Ave | 1BR/1.0BA | 1BR,1BA | $800 |
| Bloomfield Apartments | One Bedroom | 1BR,1BA | $805 |
Best Value Apartments for Rent in Hope, IN and Nearby
As of August 26, 2026 the best value apartment in the Hope area is the $1.20 price per square foot L3 Model at The Links at Franklin in the in the Cityview Farm neighborhood starting from $1,937. The second greatest value Hope apartment is the E1r Model at Brixin Franklin starting at $1,795 with a $1.22 price per square foot in the Cityview Farm neighborhood. Here is today’s list of the best values for Hope apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Links at Franklin | L3 | 3BR,2BA | $1.20 |
| Brixin Franklin | E1r | 4BR,2BA | $1.22 |
| Arbor at Water's Edge | 3BR Downstairs | 3BR,2BA | $1.17 |
| Stonegate | Two Bedroom Two Bath | 2BR,2BA | $1.26 |
| Briarwood of Columbus | Two Bedroom Townhome | 2BR,1.5BA | $1.27 |
| The Annex of Columbus | 4 Bed 2 Bath | 4BR,2BA | $0.66 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| Williamsburg Way | The Winchester | 1BR,1BA | $1.28 |
| Bloomfield Apartments | One Bedroom | 1BR,1BA | $1.25 |
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.
Read ArticleReal 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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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Hope
What type of rentals are currently available in Hope?
There are currently 49 Apartments for Rent in Hope, IN with pricing that ranges from $675 to $3,410. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hope ranging from $675 to $8,995.
What is the current price range for Rental Homes in Hope?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hope ranges from $675 to $8,995 with an average monthly rent of $1,956.
How much are larger Three and Four Bedroom Rentals in Hope?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hope range from $1,286 to $2,487, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $6,995. Four Bedroom Single-Family rentals are also available starting from $1,725 and Four Bedroom Apartments start at $675.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.