
Cheap Apartments for Rent in Hope, MN from $600 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in Hope.


CityView Apartments

Flats on 21

Skye Lofts Apartments

Total Monthly Price
Northern Place Apartments

Autumn Glen Townhomes

Total Monthly Price
Midwest Flats

Four Seasons Apartments
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.

Straight River Apartments, LLC

Total Monthly Price
Lincoln Apartments LLC

111 Vine Apartments

Town's Edge Place Apartments

Hillside Apartments

Chambers Apartments

Clifton Apartments

The Faribo Apartments
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.

The Pearl

Total Monthly Price
Parkview Place

West Lake Meadows

Dodger 56, LLC

Elmview Apartments

South Pointe Apartments

Trails Edge Apartments LLC

South Pointe II Apartments
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

Lakeview Apartments

220 E 7th St

213 E Main St

204 3rd Ave SE

909 E Vine St

317 E 8th St

821 Jefferson Ave

Academy Apartments
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

806 John Farry Pl

423 Adams Ave
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 | $1,096 | $625 | $1,364 |
| Hope 1 Bedroom Apartments | $1,352 | $625 | $1,719 |
| Hope 2 Bedroom Apartments | $1,519 | $860 | $2,325 |
| Hope 3 Bedroom Apartments | $1,718 | $1,160 | $2,514 |
| Hope 4 Bedroom Apartments | $1,995 | $1,995 | $1,995 |
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 Studio unit found at CityView Apartments priced from $650. A-Lea Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Hope apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| CityView Apartments | Studio | Studio,1BA | $650 |
| A-Lea Apartments | B and C Buildings | 1BR,1BA | $700 |
| Skye Lofts Apartments | 1 Bedroom Unit | 1BR,1BA | $790 |
| Northern Place Apartments | Two Bedroom | 2BR,1BA | $860 |
| Four Seasons Apartments | Cozy One Bedroom Apartment Home | 1BR,1BA | $975 |
| Lincoln Apartments LLC | Apt. 12 | 1BR,1BA | $1,005 |
| Flats on 21 | Cottonwood - 60% Area Median Income | 1BR,1BA | $1,006 |
| Town's Edge Place Apartments | 1 Bedroom | 1BR,1BA | $1,030 |
| Autumn Glen Townhomes | 2 Bedroom | 2BR,2BA | $1,050 |
| The Faribo Apartments | One Bedroom A | 1BR,1BA | $1,099 |
Best Value Apartments for Rent in Hope, MN and Nearby
As of April 08, 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 2 Bedroom 2 Bathroom Model at South Pointe Apartments starting at $1,430 with a $1.30 price per square foot in the Downtown Owatonna 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 |
| South Pointe Apartments | 2 Bedroom 2 Bathroom | 2BR,2BA | $1.30 |
| Heritage Bluff Apartments LLC | 2 bedroom 1 bathroom | 2BR,1BA | $1.36 |
| Autumn Glen Townhomes | 2 Bedroom | 2BR,2BA | $1.10 |
| Park Village Apartments | 2bd/1ba PV2 | 2BR,1BA | $1.38 |
| CityView Apartments | 2 bedroom | 2BR,1BA | $1.08 |
| Lincoln Apartments LLC | Apt. 08 | 2BR,1BA | $1.46 |
| Dodger 56, LLC | 1 Bedroom 1 Bath | 1BR,1BA | $1.44 |
| Northern Place Apartments | One Bedroom | 1BR,1BA | $1.46 |
| A-Lea Apartments | B and C Buildings | 1BR,1BA | $1.40 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 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 $700 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 $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 Northern Place Apartments and starts from $1,135.
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

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.