
Cheap Apartments for Rent near Hope, MN from $675 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Hope.


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Flats on 21

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CityView Apartments

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Skye Lofts Apartments

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F and H Apartments

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Four Seasons Apartments

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Northern Place Apartments

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Straight River Apartments, LLC

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Aire

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Country View Court
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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111 Vine Apartments

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Town's Edge Place Apartments

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Lincoln Apartments LLC

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Hillside Apartments

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Chambers Apartments

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Cedar View Apartments

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Parkview Place

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The Faribo Apartments

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Dodger 56, LLC

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The Pearl
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.

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South Pointe Apartments

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Trails Edge Apartments

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South Pointe II Apartments

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West Lake Meadows

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Park Village Apartments

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Coopers Court

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Mill on Main I & II

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Elmview Apartments

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Lakeview Apartments

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Riverchase Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

22085 586th Avenue

200 11th St NE

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The Pointe @ Merchant Square

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Heritage Bluff Apartments

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Radel Court

930 S Broadway Ave

517 E 4th St

107 Main St E

501 1st St W

802 9th Ave SE
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.

204 3rd Ave SE

Autumn Glen Townhomes

909 E Vine St

Country Gardens

Clifton Apartments

701 Water St

Academy Apartments

1109 1st Ave NW

1111 4th St NW

912 2nd Ave NE
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, MN Local Guide

How much does it cost to rent an apartment in Hope?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hope Studio Apartments | $1,178 | $689 | $1,339 |
| Hope 1 Bedroom Apartments | $1,324 | $675 | $1,719 |
| Hope 2 Bedroom Apartments | $1,554 | $865 | $2,830 |
| Hope 3 Bedroom Apartments | $1,435 | $925 | $1,895 |
Browse Top Apartments in Hope
See all Apartments in HopeExplore Hope
Hope, MN Local Guide
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Cheapest Available Hope Apartments for Rent and Nearby
 The cheapest available apartment rental in Hope, MN is a 1 Bed unit found at Skye Lofts Apartments priced from $790. F and H Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. Here is today’s list of the most affordable Hope apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Skye Lofts Apartments | One Bedroom Unit | 1BR,1BA | $790 |
| F and H Apartments | 1 Bed, 1 bath | 1BR,1BA | $825 |
| CityView Apartments | 2 Bed / 1 Bath | 2BR,1BA | $865 |
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $975 |
| Straight River Apartments, LLC | Studio | Studio,1BA | $1,000 |
| Country View Court | 1 Bed, 1 bath | 1BR,1BA | $1,020 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,033 |
| Parkview Place | Parkview 1 bed | 1BR,1BA | $1,110 |
| 111 Vine Apartments | 1 Bedroom 1 Bathroom | 1BR,1BA | $1,110 |
| The Faribo Apartments | One Bedroom A | 1BR,1BA | $1,118 |
Best Value Apartments for Rent in Hope, MN and Nearby
As of September 10, 2026 the best value apartment in the Hope area is the $1.10 price per square foot 2BR/1.5BA Model at Skye Lofts Apartments in the starting from $1,500. The second greatest value Hope apartment is the 3 BD/2 BA Model at Heritage Bluff Apartments starting at $1,695 with a $1.53 price per square foot in the Downtown Faribault 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. |
|---|---|---|---|
| Skye Lofts Apartments | 2BR/1.5BA | 2BR,1.5BA | $1.10 |
| Heritage Bluff Apartments | 3 BD/2 BA | 3BR,2BA | $1.53 |
| Radel Court | C | 2BR,1BA | $1.46 |
| Hillside Apartments | One Bedroom One Bathroom | 1BR,1BA | $1.30 |
| Riverchase Apartments | 1 Bedroom 1 Bath | 1BR,1BA | $1.55 |
| Lincoln Apartments LLC | Apt. 08 | 2BR,1BA | $1.46 |
| CityView Apartments | 2 Bed / 1 Bath | 2BR,1BA | $1.10 |
| Dodger 56, LLC | 1 Bedroom 1 Bath | 1BR,1BA | $1.51 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1.40 |
| Trails Edge Apartments | 1 BD/1 BA (714 sq ft) | 1BR,1BA | $1.61 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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!
Explore Hope, MN Rentals by Map
See the most popular apartments and homes in Hope, MN
Frequently Asked Questions about Cheap Hope Apartments
What is the Cheapest Studio apartment in Hope?
Currently the most affordable Cheap Studio Apartment in Hope is at Flats on 21 listed at $1,147.
How much is rent for a Cheap One Bedroom Hope Apartment?
The lowest price for a Cheap One Bedroom Hope Apartment is $790 at Skye Lofts Apartments.
What is the lowest price for a Cheap Two Bedroom Hope Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hope is starting from $865 at CityView Apartments.
What is the most affordable Hope Three Bedroom Apartment?
The best deal on a cheap Hope Three Bedroom Apartment rental is at Four Seasons Apartments and starts from $1,350.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.