Cheap Apartments for Rent near Hope, MN from $675 (55 Rentals)

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Flats on 21
$689 - $1,798

Total Monthly Price

Base Rent$689 - $1,798

Total Monthly Price$689 - $1,798
Studio to 2 Bedroom Apartments Available Now

Flats on 21

1310 21st Ave NWAustin, MN 55912
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  • Utilities Included
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Aire
$1,020 - $1,560

Total Monthly Price

Base Rent$1,020 - $1,560

Total Monthly Price$1,020 - $1,560
Studio to 2 Bedroom Apartments Contact Us For Availability

Aire

525 Hillcrest Ave SEOwatonna, MN 55060
Family Friendly
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  • Utilities Included
  • Smoke Free

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
Rent Specials
$1,025 - $1,625

Total Monthly Price

Base Rent$1,025 - $1,625

Total Monthly Price$1,025 - $1,625
Studio to 2 Bedroom Apartments Available Now

111 Vine Apartments

111 Vine StOwatonna, MN 55060
Luxury
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Hillside Apartments
Rent Specials
$1,040 - $1,540

Total Monthly Price

Base Rent$1,040 - $1,540

Total Monthly Price$1,040 - $1,540
Studio to 2 Bedroom Apartments Available Now

Hillside Apartments

10 Division St WFaribault, MN 55021
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  • Utilities Included
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Cedar View Apartments
$1,095 - $1,895

Total Monthly Price

Base Rent$1,095 - $1,895

Total Monthly Price$1,095 - $1,895
Studio to 3 Bedroom Apartments Available Now

Cedar View Apartments

2575 N Cedar AveOwatonna, MN 55060
Family Friendly
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  • Utilities Included
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Parkview Place
Rent Specials
$1,110 - $1,460

Total Monthly Price

Base Rent$995 - $1,345
Required Monthly Fees$115

Total Monthly Price$1,110 - $1,460
1 to 3 Bedroom Apartments Available Now

Parkview Place

303 27th St SWAustin, MN 55912
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The Faribo Apartments
$1,118 - $1,244

Total Monthly Price

Base Rent$1,099 - $1,225
Required Monthly Fees$19

Total Monthly Price$1,118 - $1,244
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

The Faribo Apartments

123 2nd St NWFaribault, MN 55021
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Dodger 56, LLC
$1,130 - $1,500

Total Monthly Price

Base Rent$1,130 - $1,500

Total Monthly Price$1,130 - $1,500
1 to 2 Bedroom Apartments Available Oct 1

Dodger 56, LLC

104 1st St NWDodge Center, MN 55927
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The Pearl
$1,140 - $1,690

Total Monthly Price

Base Rent$1,100 - $1,650
Required Monthly Fees$40

Total Monthly Price$1,140 - $1,690
1 to 2 Bedroom Apartments Available Nov 1

The Pearl

130 E Pearl StOwatonna, MN 55060
Luxury
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  • Customer Reviewed
  • Utilities Included

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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West Lake Meadows
$1,175 - $1,645

Total Monthly Price

Base Rent$1,175 - $1,645

Total Monthly PriceVaries
12 Month Lease Term
Studio to 2 Bedroom Apartments Available Now

West Lake Meadows

1575 24th Ave NWOwatonna, MN 55060
Corporate Housing
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Coopers Court
$1,224 - $1,354

Total Monthly Price

Base Rent$1,205 - $1,335
Required Monthly Fees$19

Total Monthly Price$1,224 - $1,354
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Coopers Court

614 W Bridge StOwatonna, MN 55060
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Mill on Main I & II
Rent Specials
$1,239 - $2,279

Total Monthly Price

Base Rent$1,239 - $2,279

Total Monthly PriceVaries
Studio to 3 Bedroom Apartments Available Now

Mill on Main I & II

704 1st Dr NWAustin, MN 55912
Transit Friendly
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  • Customer Reviewed
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Elmview Apartments
$1,243 - $1,655

Total Monthly Price

Base Rent$1,183 - $1,595
Required Monthly Fees$60

Total Monthly Price$1,243 - $1,655
Studio to 2 Bedroom Apartments Available Now

Elmview Apartments

1740 Willow StFaribault, MN 55021
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Riverchase Apartments
Rent Specials
$1,250 - $1,795

Total Monthly Price

Base Rent$1,250 - $1,795

Total Monthly Price$1,250 - $1,795
1 to 2 Bedroom Apartments Available Now

Riverchase Apartments

110 Riverchase CtFaribault, MN 55021
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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.

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Radel Court
Rent Specials
$1,375

Total Monthly Price

Base Rent$1,375

Total Monthly Price$1,375
12 Month Lease Term
2 Bedroom Apartments Available Now

Radel Court

520 6th St SEllendale, MN 56026
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property at 930 S Broadway Ave
$695 - $1,100

Total Monthly Price

Base Rent$695

Total Monthly Price$695
1 To 2 Bedroom Rentals
Available Now

930 S Broadway Ave

Albert LeaMN56007
property at 517 E 4th St
$750

Total Monthly Price

Base Rent$750

Total Monthly Price$750
1 Bedroom, 1 Bath Condo for Rent
Available Sep 12

517 E 4th St

Albert LeaMN56007
property at 107 Main St E
$825 - $845

Total Monthly Price

Base Rent$825

Total Monthly Price$825
1 Bedroom Rentals
Available Now

107 Main St E

Clarks GroveMN56016
property at 501 1st St W
$875

Total Monthly Price

Base Rent$875

Total Monthly Price$875
Studio, 1 Bath Home for Rent
Available Now

501 1st St W

NorthfieldMN55057
property at 802 9th Ave SE
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
2 Bedroom, 2 Bath Home for Rent
Available Now

802 9th Ave SE

AustinMN55912

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.

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204 3rd Ave SE
1 to 3 Bedroom Apartments

204 3rd Ave SE

204 3rd Ave SEMedford, MN 55049
  • Utilities Included
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909 E Vine St
1 to 2 Bedroom Apartments

909 E Vine St

909 Vine St EOwatonna, MN 55060
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Country Gardens
1 Bedroom Apartments

Country Gardens

21 Blashack StWaldorf, MN 56091
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Clifton Apartments
1 to 2 Bedroom Apartments

Clifton Apartments

1999 Hartle AveOwatonna, MN 55060
  • Utilities Included
property at 701 Water St
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom Rentals
Available Now

701 Water St

Albert LeaMN56007
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Academy Apartments
1 to 2 Bedroom Apartments

Academy Apartments

706 E Academy StOwatonna, MN 55060
property at 1109 1st Ave NW
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
2 Bedroom, 1 Bath Townhome for Rent
Available Now

1109 1st Ave NW

FaribaultMN55021
property at 1111 4th St NW
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
2 Bedroom, 1 Bath Townhome for Rent
Available Now

1111 4th St NW

AustinMN55912
property at 912 2nd Ave NE
$1,175

Total Monthly Price

Base Rent$1,175

Total Monthly Price$1,175
2 Bedroom, 1 Bath Home for Rent
Available Sep 11

912 2nd Ave NE

AustinMN55912

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

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 ListingModel NameBed/BathPriced From
Skye Lofts ApartmentsOne Bedroom Unit1BR,1BA$790
F and H Apartments1 Bed, 1 bath1BR,1BA$825
CityView Apartments2 Bed / 1 Bath2BR,1BA$865
Four Seasons ApartmentsCozy One Bedroom Apartment Home1BR,1BA$975
Straight River Apartments, LLCStudioStudio,1BA$1,000
Country View Court1 Bed, 1 bath1BR,1BA$1,020
Town's Edge Place Apartments1 Bedroom1BR,1BA$1,033
Parkview PlaceParkview 1 bed1BR,1BA$1,110
111 Vine Apartments1 Bedroom 1 Bathroom1BR,1BA$1,110
The Faribo ApartmentsOne Bedroom A1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Skye Lofts Apartments2BR/1.5BA2BR,1.5BA$1.10
Heritage Bluff Apartments3 BD/2 BA3BR,2BA$1.53
Radel CourtC2BR,1BA$1.46
Hillside ApartmentsOne Bedroom One Bathroom1BR,1BA$1.30
Riverchase Apartments1 Bedroom 1 Bath1BR,1BA$1.55
Lincoln Apartments LLCApt. 082BR,1BA$1.46
CityView Apartments2 Bed / 1 Bath2BR,1BA$1.10
Dodger 56, LLC1 Bedroom 1 Bath1BR,1BA$1.51
Town's Edge Place Apartments1 Bedroom1BR,1BA$1.40
Trails Edge Apartments1 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.

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Navigating 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.

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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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.

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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.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

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.

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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.