Cheap Apartments for Rent in New Hope, AL from $500 (31 Rentals)

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

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Parkside Village
1 to 2 Bedroom Apartments

Parkside Village

3033 Drake AveHuntsville, AL 35805
  • Utilities Included

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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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Cambridge Court
Studio to 2 Bedroom Apartments

Cambridge Court

8050 Lenox Ln SWHuntsville, AL 35802
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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. Metro Huntsville in the West Huntsville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $710. Here is today’s list of the most affordable New Hope apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hunters Ridge1B/1B1BR,1BA$699
Metro Huntsville1-Bedroom Standard1BR,1BA$710
The Reserve at Fairway Hills2021 Highridge Dr SW1BR,1BA$715
Fern Parc1 Bed 1 Bathroom1BR,1BA$735
Briargreen Apartments1 Br efficiency1BR,1BA$750
The Cottages at GlenviewGold StudioStudio,1BA$775
Country Club1 Bedroom1BR,1BA$780
Waterford Square Apartment HomesStudioStudio,1BA$799
Arbor ParkThe Mimosa1BR,1BA$825
Woodland Park Apartments1 Bedroom1BR,1BA$835

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

As of September 12, 2025 the best value apartment in the New Hope area is the $0.98 price per square foot 1-Story Model at Angela's Ridge of New Hope in the starting from $1,995. The second greatest value New Hope apartment is the 2 Bedroom 2 Bath Model at Hampton Falls starting at $1,289 with a $1.07 price per square foot in the South Huntsville neighborhood. 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.
Angela's Ridge of New Hope1-Story4BR,2BA$0.98
Hampton Falls2 Bedroom 2 Bath2BR,2BA$1.07
Valley Bend ApartmentsPlatinum 3BR 2BA3BR,2BA$1.14
Country Club2 Bedroom Cottage2BR,1BA$1.16
Malibu at Martin ApartmentsHorizon2BR,1BA$1.00
The Pointe at Bailey CoveB12BR,2BA$1.04
Silverstone ApartmentsPlatinum Two Bedroom, One Bath2BR,1BA$1.17
Summer Place1 Bedroom1BR,1BA$1.06
Fern Parc1 Bed 1 Bathroom1BR,1BA$0.98
The Reserve at Fairway Hills2021 Highridge Dr SW1BR,1BA$0.98

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

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Getting Around New Hope, AL

Walk Score®

23 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

37 / 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 New Hope Apartments

What is the Cheapest Studio apartment in New Hope?

Currently the most affordable Cheap Studio Apartment in New Hope is at The Cottages at Glenview listed at $775.

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 $825 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 Aura Apartments and starts from $1,050.

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.

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.