
Cheap Apartments for Rent in New Hope, AL from $500 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in New Hope.


614 Maple Rd

110 Jonboy Ave

118 Jonboy Ave

117 Jonboy Ave

113 Jonboy Ave

Mountain Lakes

Hunters Ridge

Fern Parc

Total Monthly Price
Briargreen Apartments
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.

Metro Huntsville

Country Club

The Reserve at Fairway Hills

Ridgewood Apartments

Malibu at Martin Apartments

Arbor Park

Aura Apartments

Woodland Park Apartments

Hawthorne at Lily Flagg

The Indigo at Grissom
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.

Total Monthly Price
Fisher St. Apartments

The Preserve at Crestwood

Waterford Square Apartment Homes

Summer Place

Ascent Jones Valley

Hampton Falls

Total Monthly Price
The Pointe at Bailey Cove

Huntsville Parc

Cottages at Oak Grove Dairy

Total Monthly Price
Liam at Hays Farm
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.

The Heights at Monte Sano

The Watts

Legacy at Jones Farm Apartments

The Jessam at Hays Farm

106 Belle Haven Dr

Flint River Apartments

Parkside Village

Knight Road Apartments

Cambridge Court

Valley Bend Apartments
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.

Silverstone Apartments

120 Brockway Ave

The Cottages at Glenview

Memorial Village

837 Low Gap Rd

CHANEY PLACE TOWNHOMES

9941 Sequoyah Cv Dr SE

9908 Sequoyah Cv Dr SE

9945 Sequoyah Cv Dr SE

9909 Sequoyah Cv Dr SE
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.
New Hope, AL Local Guide

How much does it cost to rent an apartment in New Hope?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Hope Studio Apartments | $919 | $899 | $939 |
| New Hope 1 Bedroom Apartments | $1,144 | $649 | $2,217 |
| New Hope 2 Bedroom Apartments | $1,356 | $557 | $2,996 |
| New Hope 3 Bedroom Apartments | $1,927 | $885 | $3,739 |
Browse Top Apartments in New Hope
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New Hope, AL Local Guide
- Nearby Cities
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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 $649. Fern Parc in the Indian Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $666. Here is today’s list of the most affordable New Hope apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hunters Ridge | 1B/1B | 1BR,1BA | $649 |
| Fern Parc | 1 Bed 1 Bathroom | 1BR,1BA | $666 |
| Briargreen Apartments | 1 Br efficiency | 1BR,1BA | $700 |
| Metro Huntsville | 1-Bed Standard | 1BR,1BA | $710 |
| Country Club | 1 Bedroom | 1BR,1BA | $750 |
| The Reserve at Fairway Hills | 1 Bedroom | 1BR,1BA | $750 |
| Arbor Park | The Mimosa | 1BR,1BA | $825 |
| Aura Apartments | 1 BD 1 BA Upgrade | 1BR,1BA | $849 |
| Woodland Park Apartments | 1 Bedroom | 1BR,1BA | $850 |
| The Indigo at Grissom | The Burch | 1BR,1BA | $859 |
Best Value Apartments for Rent in New Hope, AL and Nearby
As of May 15, 2026 the best value apartment in the New Hope area is the $0.88 price per square foot Copeland Model at Angela's Ridge of New Hope in the starting from $1,795. The second greatest value New Hope apartment is the Two Bedroom/2.5 Baths Model at CHANEY PLACE TOWNHOMES starting at $1,499 with a $1.18 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Angela's Ridge of New Hope | Copeland | 4BR,2BA | $0.88 |
| CHANEY PLACE TOWNHOMES | Two Bedroom/2.5 Baths | 2BR,2.5BA | $1.18 |
| Hampton Falls | 2 Bedroom 1 Bath | 2BR,1BA | $1.05 |
| Country Club | 2 Bedroom Cottage | 2BR,1BA | $1.04 |
| Hawthorne at Lily Flagg | Southerner | 2BR,2BA | $1.06 |
| Silverstone Apartments | Platinum Two Bedroom, One Bath | 2BR,1BA | $1.15 |
| Fern Parc | 1 Bed + Study 1 Bathroom | 1BR,1BA | $0.92 |
| Summer Place | 1 Bedroom | 1BR,1BA | $1.06 |
| The Reserve at Fairway Hills | 1 Bedroom | 1BR,1BA | $1.03 |
| Hunters Ridge | 1B/1B | 1BR,1BA | $1.13 |
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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New Hope, AL Rentals by Map
See the most popular apartments and homes in New Hope, AL
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 $649 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 Aura Apartments and starts from $1,099.
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

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.

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.

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.

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.