Cheap Homes for Rent in Hopewell, VA from $600 (10 Rentals)

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

property at 2009 Day St

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

2009 Day 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
property at 1019 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

1019 Liberty Ave

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.

property at 126 Suffolk Ave

$1,016

Total Monthly Price

Total Monthly Price

Base Rent
$1,016

Total Monthly Price
$1,016

1 Bedroom, 1 Bath Home for Rent

Available Now

126 Suffolk Ave

Colonial HeightsVA23834
property at 311 S 12th Ave

$1,041

Total Monthly Price

Total Monthly Price

Base Rent
$1,041

Total Monthly Price
$1,041

2 Bedroom, 1.5 Bath Townhome for Rent

Available Now

311 S 12th Ave

HopewellVA23860
property at 2305 Poplar St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom Rentals

Available Now

2305 Poplar St

HopewellVA23860
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
property at 3805 Woodlawn St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Condo for Rent

Available Now

3805 Woodlawn St

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.

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 $839. 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$839
Edgewood Apartments1 Bedroom 1 Bath - 619661BR,1BA$879
Windham Hills2BR2BR,1BA$1,050

Best Value Apartments for Rent in Hopewell, VA

As of May 28, 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
Farmingdale TownhousesWilliamsburg2BR,1BA$1.34
PinetreeB12BR,2BA$1.44
Clearfield ApartmentsB12BR,2BA$1.51
New Castle ApartmentsNC 2x12BR,1BA$1.35
Twin Rivers TownhomesLanding - Luxury II Renovation Two Bedroom2BR,1BA$1.50
Windham Hills2BR2BR,1BA$1.40
Edgewood Apartments1 Bedroom 1 Bath - 619661BR,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

Read Article
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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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Quick Rent Budget Calculator

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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.

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

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Frequently Asked Questions about Hopewell

What type of rentals are currently available in Hopewell?

There are currently 55 Apartments for Rent in Hopewell, VA with pricing that ranges from $839 to $3,755. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hopewell ranging from $680 to $3,750.

What is the current price range for Rental Homes in Hopewell?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hopewell ranges from $680 to $3,750 with an average monthly rent of $1,577.

How much are larger Three and Four Bedroom Rentals in Hopewell?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Hopewell range from $1,409 to $2,557, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,250 to $2,750. Four Bedroom Single-Family rentals are also available starting from $1,699 and Four Bedroom Apartments start at $3,255.

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.

Articles, How-To's, and Tips

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.