
Cheap Homes for Rent near Hope, IN from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Hope.


392 W Broadway St

529 West Washington St

316 E Franklin St
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.

135 W Hendricks St

603 Chestnut St

227 W Pennsylvania St

106 W Broadway St
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.

321 E Mechanic St
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 | $1,198 | $925 | $1,399 |
| Hope 3 Bedroom Homes for Rent | $2,380 | $1,425 | $6,995 |
| Hope 4 Bedroom Homes for Rent | $2,168 | $1,750 | $2,600 |
| Hope 5 Bedroom Homes for Rent | $4,730 | $2,500 | $8,995 |
Browse Top Homes for Rent in Hope
Explore Hope
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 2 Beds unit found at The Annex of Columbus priced from $725. Bloomfield Apartments in the Downtown Columbus IN neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $805. 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 | 2 Bed 2 Bath | 2BR,2BA | $725 |
| Bloomfield Apartments | One Bedroom | 1BR,1BA | $805 |
| The Fairways at Valle Vista | Birdie | 1BR,1BA | $899 |
Best Value Apartments for Rent in Hope, IN and Nearby
As of July 12, 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 3BR Downstairs Model at Arbor at Water's Edge starting at $1,474 with a $1.20 price per square foot in the Downtown Columbus IN 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 |
| Arbor at Water's Edge | 3BR Downstairs | 3BR,2BA | $1.20 |
| Stonegate | Two Bedroom Two Bath | 2BR,2BA | $1.15 |
| Townhomes at 28th | Two Bedroom One Bath | 2BR,1BA | $1.22 |
| Martin Estates Apartments | Two Bedroom One Bath | 2BR,1BA | $1.04 |
| Williamsburg Way | The Richmond | 2BR,1BA | $1.02 |
| Water Dance Apartments | 2BR/1BA | 2BR,1BA | $1.27 |
| Burkart Crossing Apartments | Cortland | 1BR,1BA | $1.32 |
| The Annex of Columbus | 2 Bed 2 Bath | 2BR,2BA | $1.05 |
| 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Hope, IN
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 $625 to $3,140. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hope ranging from $525 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 $525 to $8,995 with an average monthly rent of $1,987.
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 $1,225 to $2,318, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,425 to $6,995. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $625.
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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.