
Cheap Apartments for Rent in Hope Valley, RI from $600 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Hope Valley.


The Lofts at Ponemah Mills

Oak Tree Village

Total Monthly Price
Mohegan Commons Apartments

Tanglewood Village

Total Monthly Price
Fox Run 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.

Total Monthly Price
Water Street Lofts

Total Monthly Price
The Terraces Apartments

Apartments at Remington Pond

Total Monthly Price
Norwich

Total Monthly Price
Summitwoods Apartments

Total Monthly Price
Reid & Hughes
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.

Arctic Mill Lofts

North Cove Landing

16 Church St

160 Woodbine Rd

135 Holly Rd

901 Stonington Rd
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.
Hope Valley, RI Local Guide

How much does it cost to rent an apartment in Hope Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hope Valley Studio Apartments | $1,762 | $1,245 | $2,520 |
| Hope Valley 1 Bedroom Apartments | $2,000 | $1,133 | $3,370 |
| Hope Valley 2 Bedroom Apartments | $2,370 | $1,107 | $3,630 |
| Hope Valley 3 Bedroom Apartments | $2,577 | $1,400 | $4,275 |
| Hope Valley 4 Bedroom Apartments | $3,208 | $2,950 | $3,980 |
Browse Top Apartments in Hope Valley
See all Apartments in Hope ValleyExplore Hope Valley
Hope Valley, RI Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Hope Valley Apartments for Rent and Nearby
 The cheapest available apartment rental in Hope Valley, RI is a 2 Beds unit found at Oak Tree Village in the Northeast New London Norwich neighborhood priced from $1,172. Mohegan Commons Apartments in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,225. Here is today’s list of the most affordable Hope Valley apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Oak Tree Village | 2 Bedroom | 2BR,1BA | $1,172 |
| Mohegan Commons Apartments | The Village - 2 Bedroom | 2BR,1BA | $1,225 |
| Fox Run Apartments | 2 BEDROOMS | 2BR,1BA | $1,285 |
| Water Street Lofts | Studio | Studio,1BA | $1,325 |
| The Terraces Apartments | 1 Bedroom | 1BR,1BA | $1,340 |
Best Value Apartments for Rent in Hope Valley, RI and Nearby
As of January 29, 2026 the best value apartment in the Hope Valley area is the $1.38 price per square foot 2 Bed 2 Bath Model at Lofts at Anthony Mill in the starting from $2,165. The second greatest value Hope Valley apartment is the 3 Bedroom Summer Model at The URI Townhouses starting at $860 with a $0.62 price per square foot . Here is today’s list of the best values for Hope Valley apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Lofts at Anthony Mill | 2 Bed 2 Bath | 2BR,2BA | $1.38 |
| The URI Townhouses | 3 Bedroom Summer | 3BR,2.5BA | $0.62 |
| The Lofts at Ponemah Mills | PM2cF-T | 2BR,2BA | $1.18 |
| Arctic Mill Lofts | One-Bedroom | 1BR,1BA | $1.75 |
| Norwich | Two Bedroom | 2BR,1BA | $1.45 |
| The Terraces Apartments | 2 Bedroom | 2BR,1BA | $1.71 |
| Summitwoods Apartments | 2 Bed | 2BR,1BA | $1.74 |
| Oak Tree Village | 2 Bedroom | 2BR,1BA | $1.27 |
| Fox Run Apartments | 2 BEDROOMS | 2BR,1BA | $1.51 |
| Mohegan Commons Apartments | The Park - 2 Bedroom | 2BR,1BA | $1.69 |
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 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 Valley, RI Rentals by Map
See the most popular apartments and homes in Hope Valley, RI
Frequently Asked Questions about Cheap Hope Valley Apartments
What is the Cheapest Studio apartment in Hope Valley?
Currently the most affordable Cheap Studio Apartment in Hope Valley is at Water Street Lofts listed at $1,325.
How much is rent for a Cheap One Bedroom Hope Valley Apartment?
The lowest price for a Cheap One Bedroom Hope Valley Apartment is $1,340 at The Terraces Apartments.
What is the lowest price for a Cheap Two Bedroom Hope Valley Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hope Valley is starting from $1,172 at Oak Tree Village.
What is the most affordable Hope Valley Three Bedroom Apartment?
The best deal on a cheap Hope Valley Three Bedroom Apartment rental is at Mohegan Commons Apartments and starts from $1,400.
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

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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.