Cheap Apartments for Rent in Hopewell, VA from $500 (29 Rentals)

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Search the lowest-cost Apartments available for rent right now in Hopewell.

property at 607 Monticello Dr

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

2 Bedroom, 1 Bath Home for Rent

Available Now

607 Monticello Dr

HopewellVA23860

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.

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Kippax Place
Studio to 2 Bedroom Apartments

Kippax Place

100 S Kippax StHopewell, VA 23860
  • Utilities Included
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Conway Apartments
1 to 2 Bedroom Apartments

Conway Apartments

320 Appomattox StHopewell, VA 23860
  • Utilities Included
property at 2004 W Broadway

$716

Total Monthly Price

Total Monthly Price

Base Rent
$716

Total Monthly Price
$716

1 Bedroom, 1 Bath Home for Rent

Available Now

2004 W Broadway

HopewellVA23860
property at 708 Crestline Blvd

$841

Total Monthly Price

Total Monthly Price

Base Rent
$841

Total Monthly Price
$841

2 Bedroom, 1 Bath Home for Rent

Available Now

708 Crestline Blvd

HopewellVA23860
property at 810 E Poythress St

$866

Total Monthly Price

Total Monthly Price

Base Rent
$866

Total Monthly Price
$866

2 Bedroom, 1 Bath Home for Rent

Available Now

810 E Poythress St

HopewellVA23860
property at 2400 Oaklawn Blvd

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

2 Bedroom, 1 Bath Home for Rent

Available Now

2400 Oaklawn Blvd

HopewellVA23860

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.

property at 1014 Liberty Ave

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1014 Liberty Ave

HopewellVA23860
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Freedman Point
2 to 3 Bedroom Apartments

Freedman Point

315 E Cawson StHopewell, VA 23860
  • Utilities Included
property at 3807 Woodlawn St

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Condo for Rent

Available Jun 15

3807 Woodlawn St

HopewellVA23860
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Hopewell Lofts
1 to 3 Bedroom Apartments

Hopewell Lofts

1201 W City Point RdHopewell, VA 23860
Corporate Housing
property at 1003 Bank St

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Townhome for Rent

Available Now

1003 Bank St

HopewellVA23860
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Studio 622
$805 - $1,019
Total Monthly Price

Total Monthly Price

Base Rent
$775 - $989
Required Monthly Fees
$30

Total Monthly Price
$805 - $1,019
Studio to 1 Bedroom Apartments Available Now

Studio 622

622 E Wythe StPetersburg, VA 23803
Affordability
  • Verified
  • 3D Tour
property at 3503 Prince George Dr

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

1 Bedroom, 1 Bath Home for Rent

Available Now

3503 Prince George Dr

Prince GeorgeVA23875

Cash 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.

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The Bosco
Rent Specials
$1,025 - $1,200
Total Monthly Price

Total Monthly Price

Base Rent
$1,025 - $1,200

Total Monthly Price
$1,025 - $1,200
1 Bedroom Apartments Available Now

The Bosco

219 E Bank StPetersburg, VA 23803
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Jabez Downtown
1 to 2 Bedroom Apartments

Jabez Downtown

15 W Old StPetersburg, VA 23803
Corporate Housing
  • Utilities Included

Hopewell, VA Local Guide

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 $805. Edgewood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $879. Here is today’s list of the most affordable Hopewell apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Studio 622STUStudio,1BA$805
Edgewood Apartments1 Bedroom 1 Bath - 619661BR,1BA$879
The Bosco1BR/1.0BA1BR,1BA$1,025
Windham Hills2BR2BR,1BA$1,050
Lakeview Terrace TownhomesThe James - Garden Apartment1BR,1BA$1,075
Freedman Point2 Bdrm A2BR,1BA$1,087
Branders Bridge Apartments2BR1BA2BR,1BA$1,099
Colonial Court Apartments2 Bed & 1 Bath2BR,1BA$1,199
Mayton Transfer LoftsMyriad1BR,1BA$1,199
Madison Terrace Apartments2b1b Renovated2BR,1BA$1,199

Best Value Apartments for Rent in Hopewell, VA

As of June 12, 2026 the best value apartment in the Hopewell area is the $1.35 price per square foot 2x2 Model at Terrace View Apartments in the in the Petersburg Chesterfield neighborhood starting from $1,463. The second greatest value Hopewell apartment is the 3 Bed 2 Bath Model at Bailey's Ridge starting at $1,495 with a $1.39 price per square foot in the Petersburg Prince George neighborhood. Here is today’s list of the best values for Hopewell apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Terrace View Apartments2x22BR,2BA$1.35
Bailey's Ridge3 Bed 2 Bath3BR,2BA$1.39
Canterbury Townhomes2 BR Townhouse2BR,1.5BA$1.40
Branders Bridge Apartments2BR1BA2BR,1BA$1.06
Farmingdale TownhousesWilliamsburg2BR,1BA$1.34
PinetreeB12BR,2BA$1.44
New Castle ApartmentsNC 2x12BR,1BA$1.35
The Bosco1BR/1.0BA1BR,1BA$1.23
Windham Hills2BR2BR,1BA$1.40
Edgewood Apartments1 Bedroom 1 Bath - 445971BR,1BA$1.32

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.

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The 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

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Real 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $805.

How much is rent for a Cheap One Bedroom Hopewell Apartment?

The lowest price for a Cheap One Bedroom Hopewell Apartment is $879 at Edgewood Apartments.

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 $1,050 at Windham Hills.

What is the most affordable Hopewell Three Bedroom Apartment?

The best deal on a cheap Hopewell Three Bedroom Apartment rental is at Freedman Point and starts from $1,241.

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.

Helpful Local Expert Guides

decorative image for A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA article

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.

decorative image for Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters article

Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters

Written by: Richard Corrigan

Richmond isn't always thought of as a college town, but there are actually several major colleges and universities here. One thing Richmond does get credit for—and rightfully so—is being a very neighborhood-friendly city.

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Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA

Written by: Richard Corrigan

Welcome to Richmond! For those unfamiliar, it’s Virginia’s state capitol, a city with a long and rich history, and—some might say—Virginia’s biggest small town. There’s a lot to love about living here.

decorative image for Your Richmond Neighborhood Guide: Living Near the City's Top Employers article

Your Richmond Neighborhood Guide: Living Near the City's Top Employers

Written by: Richard Corrigan

Richmond is a beautiful place to live and work. The city has something for everyone—historic charm, trendy shops and boutiques, world-class restaurants and amazing urban parks and green spaces.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.