Cheap Homes for Rent in Hope Valley, RI from $1,500 (9 Rentals)

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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.

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.

Hope Valley, RI Local Guide

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 Mohegan Commons Apartments in the Northeast New London Norwich neighborhood priced from $1,000. Water Street Lofts in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here is today’s list of the most affordable Hope Valley apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Mohegan Commons ApartmentsThe Village - 1 Bedroom1BR,1BA$1,000
Water Street LoftsStudioStudio,1BA$1,175
The Lofts at Ponemah MillsPM2cF-T2BR,2BA$1,346

Best Value Apartments for Rent in Hope Valley, RI and Nearby

As of June 03, 2025 the best value apartment in the Hope Valley area is the $0.58 price per square foot 3 Bedroom Summer Model at The URI Townhouses in the starting from $810. The second greatest value Hope Valley apartment is the 2 Bedroom Model at The Terraces Apartments starting at $1,525 with a $1.23 price per square foot in the Northeast New London Norwich neighborhood. Here is today’s list of the best values for Hope Valley apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The URI Townhouses3 Bedroom Summer3BR,2.5BA$0.58
The Terraces Apartments2 Bedroom2BR,1BA$1.23
Moosup Gardens TownhomesDaffodil3BR,1.5BA$1.18
The Lofts at Ponemah MillsPM2cF-T2BR,2BA$1.18
Arctic Mill LoftsOne-Bedroom1BR,1BA$1.73
Thamesview Apartments2 Bedroom2BR,1BA$1.83
177 Broadway2 bedroom2BR,1BA$1.70
Summitwoods Apartments2 Bed2BR,1BA$1.68
Fox Run Apartments2 BEDROOMS2BR,1BA$1.69
Mohegan Commons ApartmentsThe Village - 1 Bedroom1BR,1BA$1.52

Quick Rent Budget Calculator

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Frequently Asked Questions about Hope Valley

What type of rentals are currently available in Hope Valley?

There are currently 39 Apartments for Rent in Hope Valley, RI with pricing that ranges from $1,000 to $5,506. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hope Valley ranging from $1,575 to $20,000.

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 $1,575 to $20,000 with an average monthly rent of $3,528.

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 $1,450 to $5,506, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,900 to $6,000. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $2,950.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.