
Cheap Apartments for Rent near Hope, MN from $600 (49 Rentals)
Search the lowest-cost Apartments available for rent right now in Hope.


Flats on 21

CityView Apartments

Skye Lofts Apartments

F and H Apartments

Total Monthly Price
Northern Place Apartments

Four Seasons Apartments

Straight River Apartments, LLC

Aire
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.

111 Vine Apartments

Town's Edge Place Apartments

Total Monthly Price
Lincoln Apartments LLC

Hillside Apartments

Chambers Apartments

Clifton Apartments

Cedar View Apartments

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The Faribo Apartments

Dodger 56, LLC
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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The Pearl

South Pointe Apartments

Trails Edge Apartments LLC

Total Monthly Price
Parkview Place

South Pointe II Apartments

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West Lake Meadows

Park Village Apartments

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Coopers Court

Total Monthly Price
Mill on Main I & II
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.

Total Monthly Price
Elmview Apartments

Riverchase Apartments

Heritage Bluff Apartments LLC

The Pointe @ Merchant Square

Total Monthly Price
Radel Court

Autumn Glen Townhomes

204 3rd Ave SE

1506 7th St SE

213 13th St SW
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.

909 E Vine St

302 19th St NE

Academy Apartments

1111 4th St NW

103 Main St E

Parkview Apartments

950 S 3rd Ave

416 State St

1206 10th St 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.

Midwest Flats

101 Elm St

1603 6th Ave NW

501 1st St W
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 | $1,172 | $689 | $1,339 |
| Hope 1 Bedroom Apartments | $1,337 | $625 | $1,719 |
| Hope 2 Bedroom Apartments | $1,572 | $865 | $2,830 |
| Hope 3 Bedroom Apartments | $1,805 | $925 | $2,509 |
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 A-Lea Apartments priced from $725. Skye Lofts Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $790. Here is today’s list of the most affordable Hope apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| A-Lea Apartments | B and C Buildings | 1BR,1BA | $725 |
| Skye Lofts Apartments | 1 Bedroom Unit | 1BR,1BA | $790 |
| F and H Apartments | 1 Bed, 1 bath | 1BR,1BA | $825 |
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $975 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,033 |
| Clifton Apartments | 1BD | 1BR,1BA | $1,095 |
| Lincoln Apartments LLC | Apt. 16 | 2BR,1BA | $1,155 |
| Parkview Place | Parkview 1 bed | 1BR,1BA | $1,160 |
| Cedar View Apartments | 2575 Studio - 2nd and 3rd Floor | Studio,1BA | $1,195 |
| Park Village Apartments | 2bd/1ba PV1 | 2BR,1BA | $1,220 |
Best Value Apartments for Rent in Hope, MN and Nearby
As of July 27, 2026 the best value apartment in the Hope area is the $1.09 price per square foot 2 Bedroom Loft Model at Skye Lofts Apartments in the starting from $1,490. The second greatest value Hope apartment is the 3 bedroom 2 bathroom Model at Trails Edge Apartments LLC starting at $1,695 with a $1.41 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 | 2 Bedroom Loft | 2BR,1.5BA | $1.09 |
| Trails Edge Apartments LLC | 3 bedroom 2 bathroom | 3BR,2BA | $1.41 |
| Hillside Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.38 |
| 111 Vine Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.48 |
| Park Plaza Apartments | 2B 1011 sq. ft. | 2BR,1BA | $1.41 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.31 |
| Radel Court | C | 2BR,1BA | $1.46 |
| Town's Edge Place Apartments | 2 Bedroom | 2BR,1BA | $1.40 |
| Lincoln Apartments LLC | Apt. 08 | 2BR,1BA | $1.46 |
| A-Lea Apartments | B and C Buildings | 1BR,1BA | $1.45 |
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!
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 Cedar View Apartments listed at $1,195.
How much is rent for a Cheap One Bedroom Hope Apartment?
The lowest price for a Cheap One Bedroom Hope Apartment is $725 at A-Lea 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 $875 at F and H 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.

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.