
Cheap Homes for Rent in Hope Valley, RI from $1,400 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Hope Valley.


135 Holly Rd

45 Lakeside Dr

120 Liberty St

57 Sheila Dr

19 1/2 Greenman Ave
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.

225 High St

30 Acorn Ct

39 Salt Pond Way

84 Oak St

121 Balsam Rd

126 Alder Rd
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.
Hope Valley, RI Local Guide

How much does it cost to rent a home in Hope Valley?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hope Valley 2 Bedroom Homes for Rent | $3,054 | $1,800 | $8,500 |
| Hope Valley 3 Bedroom Homes for Rent | $4,010 | $1,400 | $10,000+ |
| Hope Valley 4 Bedroom Homes for Rent | $6,450 | $2,900 | $10,000+ |
| Hope Valley 5 Bedroom Homes for Rent | $12,225 | $3,200 | $10,000+ |
Browse Top Homes for Rent in Hope Valley
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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 $987. 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 | 1 Bedroom | 1BR,1BA | $987 |
| 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 Lofts at Ponemah Mills | PM2cL-T | 2BR,2BA | $1,339 |
Best Value Apartments for Rent in Hope Valley, RI and Nearby
As of March 20, 2026 the best value apartment in the Hope Valley area is the $1.82 price per square foot 3 bed, 2 bath Model at Pleasant View Estates in the in the Northeast New London Norwich neighborhood starting from $2,532. 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. |
|---|---|---|---|
| Pleasant View Estates | 3 bed, 2 bath | 3BR,2BA | $1.82 |
| The URI Townhouses | 3 Bedroom Summer | 3BR,2.5BA | $0.62 |
| The Terraces Apartments | 2 Bedroom | 2BR,1BA | $1.44 |
| Arctic Mill Lofts | One-Bedroom | 1BR,1BA | $1.75 |
| Norwich | Two Bedroom | 2BR,1BA | $1.45 |
| Summitwoods Apartments | 2 Bed | 2BR,1BA | $1.74 |
| The Lofts at Ponemah Mills | PM2cL-T | 2BR,2BA | $1.46 |
| Fox Run Apartments | 2 BEDROOMS | 2BR,1BA | $1.51 |
| Mohegan Commons Apartments | The Park - 2 Bedroom | 2BR,1BA | $1.69 |
| Oak Tree Village | 1 Bedroom | 1BR,1BA | $1.41 |
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
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Read ArticleQuick Rent Budget Calculator
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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 Hope Valley
What type of rentals are currently available in Hope Valley?
There are currently 45 Apartments for Rent in Hope Valley, RI with pricing that ranges from $1,107 to $4,275. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hope Valley ranging from $1,400 to $30,000.
What is the current price range for Rental Homes in Hope Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hope Valley ranges from $1,400 to $30,000 with an average monthly rent of $5,427.
How much are larger Three and Four Bedroom Rentals in Hope Valley?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hope Valley range from $1,400 to $4,275, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,400 to $14,500. Four Bedroom Single-Family rentals are also available starting from $2,900 and Four Bedroom Apartments start at $2,950.
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.