Cheap Apartments for Rent in New Hope, AL from $500 (54 Rentals)

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

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Briargreen Apartments
Rent Specials
$700 - $995
Total Monthly Price

Total Monthly Price

Base Rent
$700 - $995
Total Monthly Price
$700 - $995
1 to 2 Bedroom Apartments Available Now

Briargreen Apartments

4240 Briargreen DrHuntsville, AL 35802
Affordability
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  • Customer Reviewed
  • Utilities Included

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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Liam at Hays Farm
Rent Specials
$1,150 - $2,450
Total Monthly Price

Total Monthly Price

Base Rent
$1,150 - $2,450
Total Monthly Price
$1,150 - $2,450
1 to 3 Bedroom Apartments Available Now

Liam at Hays Farm

401 Haysland Rd SWHuntsville, AL 35802
Senior Living
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  • Customer Reviewed
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Parkside Village
1 to 2 Bedroom Apartments

Parkside Village

3033 Drake AveHuntsville, AL 35805
  • Utilities Included

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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Knight Road Apartments
2 Bedroom Apartments

Knight Road Apartments

4041 Knight Rd SWHuntsville, AL 35805
  • Utilities Included
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Silverstone Apartments
1 to 2 Bedroom Apartments

Silverstone Apartments

4110 Triana BlvdHuntsville, AL 35805
  • Utilities Included
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Valley Bend Apartments
1 to 3 Bedroom Apartments

Valley Bend Apartments

3800 Squaw Valley Dr SWHuntsville, AL 35805
Corporate Housing
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Cambridge Court
Studio to 2 Bedroom Apartments

Cambridge Court

8050 Lenox Ln SWHuntsville, AL 35802
Corporate Housing
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Memorial Village
1 to 4 Bedroom Apartments

Memorial Village

100 Memorial Village DrHuntsville, AL 35803

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.

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New Hope, AL Local Guide

Cheapest Available New Hope Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Hope, AL is a 1 Bed unit found at Hunters Ridge in the Thornblade neighborhood priced from $699. Briargreen Apartments in the Thornblade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable New Hope apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hunters Ridge1B/1B1BR,1BA$699
Briargreen Apartments1 Br efficiency1BR,1BA$700
Metro Huntsville1-Bed Standard1BR,1BA$725
Fern Parc2 Bed 1 Bathroom2BR,1BA$749
Country Club1 Bedroom1BR,1BA$749
Aura Apartments1 BD 1 BA Upgrade1BR,1BA$756
The Cottages at GlenviewGold StudioStudio,1BA$759
Silverstone ApartmentsGold One Bedroom, One Bath1BR,1BA$799
Waterford Square Apartment HomesStudio1BR,1BA$799
The Reserve at Fairway Hills1 Bedroom1BR,1BA$815

Best Value Apartments for Rent in New Hope, AL and Nearby

As of August 15, 2026 the best value apartment in the New Hope area is the $0.99 price per square foot 2 Bedroom 2 Bath Model at Hampton Falls in the in the South Huntsville neighborhood starting from $1,199. The second greatest value New Hope apartment is the TH1 Model at The Pointe at Bailey Cove starting at $1,155 with a $1.02 price per square foot . Here is today’s list of the best values for New Hope apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hampton Falls2 Bedroom 2 Bath2BR,2BA$0.99
The Pointe at Bailey CoveTH12BR,1.5BA$1.02
The Indigo at GrissomThe Preserve2BR,2BA$1.08
The Preserve at CrestwoodTwo Bedroom | One and a Half Bathroom2BR,1.5BA$1.10
Summer Place1 Bedroom1BR,1BA$1.06
Country Club1 Bedroom1BR,1BA$0.88
Fern Parc1 Bed 1 Bathroom1BR,1BA$1.07
Silverstone ApartmentsGold One Bedroom, One Bath1BR,1BA$1.07
The Reserve at Fairway Hills1 Bedroom1BR,1BA$1.12
Aura Apartments1 BD 1 BA Upgrade1BR,1BA$1.10

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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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!

Explore New Hope, AL Rentals by Map

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Frequently Asked Questions about Cheap New Hope Apartments

How much is rent for a Cheap One Bedroom New Hope Apartment?

The lowest price for a Cheap One Bedroom New Hope Apartment is $699 at Hunters Ridge.

What is the lowest price for a Cheap Two Bedroom New Hope Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in New Hope is starting from $749 at Hunters Ridge.

What is the most affordable New Hope Three Bedroom Apartment?

The best deal on a cheap New Hope Three Bedroom Apartment rental is at Waterford Square Apartment Homes and starts from $1,069.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.