
Cheap Apartments for Rent in Hopewell, VA from $500 (9 Rentals)
Search the lowest-cost Apartments available for rent right now in Hopewell.


605 Monticello Dr

103 Monticello Dr

1 Private
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.

3330 Courthouse Rd

1605 Buren St
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.

Studio 622
Hopewell, VA Local Guide

How much does it cost to rent an apartment in Hopewell?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Hopewell Studio Apartments | $834 | $834 | $834 |
| Cheap Hopewell 1 Bedroom Apartments | $1,252 | $850 | $1,499 |
| Cheap Hopewell 2 Bedroom Apartments | $1,359 | $725 | $1,898 |
| Cheap Hopewell 3 Bedroom Apartments | $1,888 | $1,349 | $2,389 |
Browse Top Apartments in Hopewell
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Hopewell, VA Local Guide
- Nearby Cities
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Cheapest Available Hopewell Apartments for Rent
 The cheapest available apartment rental in Hopewell, VA is a Studio unit found at Studio 622 in the Old Towne Petersburg neighborhood priced from $809. Crater Square has the second lowest priced unit, which is a 1 Bed apartment currently listed from $989. Here is today’s list of the most affordable Hopewell apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Studio 622 | STU | Studio,1BA | $809 |
| Crater Square | 1 Bedroom 1 Bath | 1BR,1BA | $989 |
| Madison Terrace Apartments | 2b1b Renovated | 2BR,1BA | $999 |
Best Value Apartments for Rent in Hopewell, VA
As of December 21, 2025 the best value apartment in the Hopewell area is the $1.34 price per square foot Jamestown Model at Farmingdale Townhouses in the in the Petersburg Prince George neighborhood starting from $1,455. The second greatest value Hopewell apartment is the 2x2 Model at Terrace View Apartments starting at $1,463 with a $1.35 price per square foot in the Petersburg Chesterfield neighborhood. Here is today’s list of the best values for Hopewell apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Farmingdale Townhouses | Jamestown | 2BR,1.5BA | $1.34 |
| Terrace View Apartments | 2x2 | 2BR,2BA | $1.35 |
| Canterbury Townhomes | 2 BR Townhouse | 2BR,1.5BA | $1.38 |
| Branders Bridge Apartments | 2BR1.5BA | 2BR,1.5BA | $1.13 |
| Pinetree | B1 | 2BR,2BA | $1.19 |
| Bailey's Ridge | 2 Bed 2 Bath | 2BR,2BA | $1.24 |
| Twin Rivers Townhomes | Appomattox - Classic Two Bedroom | 2BR,1BA | $1.19 |
| Webster Court Apartments | Webster Court | 2BR,1BA | $1.15 |
| Madison Terrace Apartments | 2b1b Renovated | 2BR,1BA | $1.20 |
| Edgewood Apartments | 2 Bedroom 1.5 Bath - 24958 | 2BR,1.5BA | $1.26 |
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 ArticleThe Ultimate Renter's Guide for Finding the Perfect Student Friendly Richmond Neighborhood to Rent
Learn about the best neighborhoods for student renters near Richmond Colleges and Universities by our Local Expert Richard Corrigan
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.
Best Local Schools in Hopewell, VA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
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Getting Around Hopewell, VA
Walk Score®
61 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
44 / 100
Somewhat Bikeable
Minimal bike infrastructure
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Hopewell Apartments
What is the Cheapest Studio apartment in Hopewell?
Currently the most affordable Cheap Studio Apartment in Hopewell is at Studio 622 listed at $809.
How much is rent for a Cheap One Bedroom Hopewell Apartment?
The lowest price for a Cheap One Bedroom Hopewell Apartment is $989 at Crater Square.
What is the lowest price for a Cheap Two Bedroom Hopewell Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hopewell is starting from $1,000 at Webster Court Apartments.
What is the most affordable Hopewell Three Bedroom Apartment?
The best deal on a cheap Hopewell Three Bedroom Apartment rental is at Crater Square and starts from $1,259.
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

A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA
Written by: Richard Corrigan
Richmond is rightly considered one of the best places to live on the East Coast. We love Richmond’s rich history, phenomenal culinary scene, unique art and culture, and its next-level parks and green spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

