Cheap Apartments for Rent in New Hope, AL from $500 (24 Rentals)

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

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.

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Parkside Village
1 to 2 Bedroom Apartments

Parkside Village

3033 Drake AveHuntsville, AL 35805
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Cambridge Court
Studio to 2 Bedroom Apartments

Cambridge Court

8050 Lenox Ln SWHuntsville, AL 35802

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. Country Club in the Thornblade neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $699. Here is today’s list of the most affordable New Hope apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hunters Ridge1B/1B1BR,1BA$699
Country Club1 Bedroom1BR,1BA$699
Metro Huntsville1-Bedroom Standard1BR,1BA$710
The Reserve at Fairway Hills2021 Highridge Dr SW1BR,1BA$715
Malibu at Martin ApartmentsOxford Grand1BR,1BA$744

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

As of July 28, 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 Two Bedroom/2.5 Baths Model at CHANEY PLACE TOWNHOMES starting at $1,399 with a $1.10 price per square foot in the Farley Oakhurst Place 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
CHANEY PLACE TOWNHOMESTwo Bedroom/2.5 Baths2BR,2.5BA$1.10
Flint River Apartments2 Bedroom2BR,2BA$1.19
Country Club2 Bedroom Cottage2BR,1BA$1.13
Hawthorne at Lily FlaggSoutherner2BR,2BA$1.19
Fern Parc2 Bed 1 Bathroom2BR,1BA$1.18
Valley Bend ApartmentsPlatinum 2BR 2BA2BR,2BA$1.13
Hampton Falls1 Bedroom 1 Bath1BR,1BA$0.98
Summer Place1 Bedroom1BR,1BA$1.06
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

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 $789.

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 $1,149.

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.