
Cheap Apartments for Rent near Hope Valley, RI from $1,107 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Hope Valley.


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The Lofts at Ponemah Mills

Tanglewood Village

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Fox Run Apartments

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The Terraces Apartments

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Water Street Lofts

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Norwich

Apartments at Remington Pond
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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Summitwoods Apartments

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Thamesview Apartments

Briarwood Meadows

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Reid & Hughes

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Hamilton Park

Royal Crest Warwick

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South Mill

Masthead Apartments
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.

Gristmill Apartments

Lofts at Anthony Mill

Pilgrim Park

Heritage Green Apartments

Harris Mill Lofts

Woodland Apartments

Cowesett Hills

Tower Hill Landings
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.

Shady Oaks

Arctic Mill Lofts

55 Hedge Ave, Unit AUCMYW

North Cove Landing

389 Wyassup Rd

Oak Tree Village

710 Norwich-Westerly Rd

Wequonnoc Village Apartments
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.

Moosup Gardens Townhomes

177 Broadway

21 Gallup St

32 Tum-A-Lum Cir

15 George St

33 Cobblestone Ln

3 Matteson Ave

225 High St
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.

35 Post Rd

8 Healey Brook Dr

448 Pumpkin Hill Rd

182 Marlborough - Large 1 Bedroom Plus
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 | $1,861 | $1,245 | $2,500 |
| Hope Valley 1 Bedroom Apartments | $2,087 | $1,165 | $3,370 |
| Hope Valley 2 Bedroom Apartments | $2,686 | $1,107 | $3,948 |
| Hope Valley 3 Bedroom Apartments | $2,952 | $1,650 | $4,355 |
| Hope Valley 4 Bedroom Apartments | $3,175 | $3,125 | $3,275 |
Browse Top Apartments in Hope Valley
See all Apartments in Hope ValleyExplore Hope Valley
Hope Valley, RI Local Guide
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Cheapest Available Hope Valley Apartments for Rent and Nearby
 The cheapest available apartment rental in Hope Valley, RI is a 1 Bed unit found at Oak Tree Village in the Northeast New London Norwich neighborhood priced from $1,080. The Lofts at Ponemah Mills in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,239. 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 | 1 Bedroom | 1BR, 1BA | $1,080 |
| The Lofts at Ponemah Mills | PM1aF-T | 1BR, 1BA | $1,239 |
| Fox Run Apartments | 2 BEDROOMS | 2BR, 1BA | $1,295 |
| Water Street Lofts | Studio | Studio, 1BA | $1,400 |
| Norwich | Two Bedroom | 2BR, 1BA | $1,450 |
| Thamesview Apartments | 1 Bedroom | 1BR, 1BA | $1,530 |
| Reid & Hughes | One Bedroom/One Bathroom | 1BR, 1BA | $1,575 |
| The Terraces Apartments | 2 Bedroom | 2BR, 1BA | $1,595 |
| Royal Crest Warwick | Exeter | Studio, 1BA | $1,630 |
| South Mill | A-B4CT | 1BR, 1BA | $1,678 |
Best Value Apartments for Rent in Hope Valley, RI and Nearby
As of September 26, 2026 the best value apartment in the Hope Valley area is the $1.91 price per square foot 3 bed, 2 bath Model at Pleasant View Estates in the Northeast New London Norwich neighborhood starting from $2,653. The second greatest value Hope Valley apartment is the 3 Bedroom Academic Model at The URI Townhouses in the Washington County neighborhood starting at $1,770 with a $1.28 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. |
|---|---|---|---|
| Pleasant View Estates | 3 bed, 2 bath | 3BR, 2BA | $1.91 |
| The URI Townhouses | 3 Bedroom Academic | 3BR, 2.5BA | $1.28 |
| Thamesview Apartments | 3 Bedroom House | 3BR, 1BA | $2.04 |
| The Terraces Apartments | 2 Bedroom | 2BR, 1BA | $1.29 |
| Moosup Gardens Townhomes | Lily | 2BR, 1BA | $1.59 |
| Arctic Mill Lofts | One-Bedroom | 1BR, 1BA | $1.80 |
| Norwich | Two Bedroom | 2BR, 1BA | $1.45 |
| Fox Run Apartments | 2 BEDROOMS | 2BR, 1BA | $1.52 |
| The Lofts at Ponemah Mills | PM1aF-T | 1BR, 1BA | $1.55 |
| Oak Tree Village | 1 Bedroom | 1BR, 1BA | $1.54 |
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 ArticleNavigating 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.
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 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 $1,400.
How much is rent for a Cheap One Bedroom Hope Valley Apartment?
The lowest price for a Cheap One Bedroom Hope Valley Apartment is $1,080 at Oak Tree Village.
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 $1,295 at Fox Run Apartments.
What is the most affordable Hope Valley Three Bedroom Apartment?
The best deal on a cheap Hope Valley Three Bedroom Apartment rental is at Norwich and starts from $1,650.
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.

How Commercial-to-Residential Property Conversions Help the Housing Crisis
Written by: Robin Stewart
Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

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.

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.