Cheap Apartments for Rent in Hope, MN from $600 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in Hope.

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Radel Court
Rent Specials
$995 - $1,395
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$995 - $1,395
Total Monthly Price
$995 - $1,395
1 to 2 Bedroom Apartments Available Now

Radel Court

520 6th St SEllendale, MN 56026
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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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West Lake Meadows
Rent Specials
$1,125 - $1,595
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,125 - $1,595
Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Available Now

West Lake Meadows

1575 24th Ave NWOwatonna, MN 55060
Corporate Housing
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  • Utilities Included
  • 3D Tour

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.

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The Pearl
$1,140 - $1,690
Total Monthly Price

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 Aug 1

The Pearl

130 E Pearl StOwatonna, MN 55060
Luxury
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  • Customer Reviewed
  • Utilities Included
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Parkview Place
$1,160 - $1,460
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,045 - $1,345
Required Monthly Fees
$115
Total Monthly Price
$1,160 - $1,460
1 to 3 Bedroom Apartments Available Now

Parkview Place

303 27th St SWAustin, MN 55912
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  • Utilities Included
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Mill on Main I & II
Rent Specials
$1,219 - $2,509
Total Monthly Price

Total Monthly Price

Base Rent
$1,219 - $2,509
Total Monthly Price
Varies
Studio to 3 Bedroom Apartments Available Now

Mill on Main I & II

704 1st Dr NWAustin, MN 55912
Transit Friendly
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Coopers Court
Rent Specials
$1,224 - $1,379
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,205 - $1,360
Required Monthly Fees
Varies
Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Now

Coopers Court

614 W Bridge StOwatonna, MN 55060
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Elmview Apartments
Rent Specials
$1,243 - $1,955
Total Monthly Price

Total Monthly Price

Base Rent
$1,183 - $1,895
Required Monthly Fees
$60
Total Monthly Price
$1,243 - $1,955
Studio to 3 Bedroom Apartments Available Now

Elmview Apartments

1740 Willow StFaribault, MN 55021
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  • Utilities Included
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property at 207 E 4th St

$825 - $875

Total Monthly Price

Total Monthly Price

Base Rent
$875
Total Monthly Price
$875

Studio Rentals

Available Jul 4

207 E 4th St

Albert LeaMN56007
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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

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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909 E Vine St
1 to 2 Bedroom Apartments

909 E Vine St

909 Vine St EOwatonna, MN 55060
property at 240 E Rice St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100
Total Monthly Price
$1,100

1 Bedroom, 1 Bath Townhome for Rent

Available Jul 10

240 E Rice St

OwatonnaMN55060
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Academy Apartments
1 to 2 Bedroom Apartments

Academy Apartments

706 E Academy StOwatonna, MN 55060
property at 1111 4th St NW

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Jul 3

1111 4th St NW

AustinMN55912
property at 1206 10th St NE

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200
Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

1206 10th St NE

AustinMN55912
property at 101 Elm St

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250
Total Monthly Price
$1,250

3 Bedroom, 1 Bath Condo for Rent

Available Now

101 Elm St

ClaremontMN55924
property at 624 E Hawthorne St

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300
Total Monthly Price
$1,300

3 Bedroom, 1 Bath Home for Rent

Available Jun 15

624 E Hawthorne St

Albert LeaMN56007
property at 51 Viking Terrace

$1,320

Total Monthly Price

Total Monthly Price

Base Rent
$1,320
Total Monthly Price
$1,320

3 Bedroom, 2 Bath Home for Rent

Available Now

51 Viking Terrace

NorthfieldMN55057

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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property at 306 Louva Ln

$1,400

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,400
Total Monthly Price
$1,400

3 Bedroom, 2 Bath Home for Rent

Available Now

306 Louva Ln

MankatoMN56001
Showing Results 1-46, Page 1 of 1

Hope, MN Local Guide

Cheapest Available Hope Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hope, MN is a Studio unit found at CityView Apartments priced from $650. 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
CityView ApartmentsStudioStudio,1BA$650
F and H Apartments1 Bed, 1 bath1BR,1BA$825
Northern Place ApartmentsTwo Bedroom2BR,1BA$860
A-Lea ApartmentsB and C Buildings1BR,1BA$900
Four Seasons ApartmentsCozy One Bedroom Apartment Home1BR,1BA$975
AireStudio, 1 bathStudio,1BA$1,020
Town's Edge Place Apartments1 Bedroom1BR,1BA$1,033
Clifton Apartments1BD1BR,1BA$1,095
Flats on 21HickoryStudio,1BA$1,109
Hillside ApartmentsOne Bedroom One Bathroom1BR,1BA$1,140

Best Value Apartments for Rent in Hope, MN and Nearby

As of June 11, 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Skye Lofts Apartments2 Bedroom Loft2BR,1.5BA$1.09
Trails Edge Apartments LLC3 bedroom 2 bathroom3BR,2BA$1.41
Apartments on MoundTwo Bedroom2BR,1BA$1.24
South Pointe Apartments2 Bedroom 2 Bathroom2BR,2BA$1.30
Heritage Bluff Apartments LLC2 bedroom 1 bathroom2BR,1BA$1.31
Radel CourtD2BR,1BA$1.46
Hillside ApartmentsOne Bedroom One Bathroom1BR,1BA$1.30
Lincoln Apartments LLCApt. 082BR,1BA$1.46
CityView Apartments2 bedroom2BR,1BA$1.08
Northern Place ApartmentsOne Bedroom1BR,1BA$1.31

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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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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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!

Explore Hope, MN Rentals by Map

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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 CityView Apartments listed at $650.

How much is rent for a Cheap One Bedroom Hope Apartment?

The lowest price for a Cheap One Bedroom Hope Apartment is $745 at CityView 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 $860 at Northern Place 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

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.

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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.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.