Cheap Apartments for Rent near New Hope, KY from $700 (47 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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Park Lake Apartments
$1,108 - $1,521
Total Monthly Price

Total Monthly Price

Base Rent
$1,108 - $1,521
Total Monthly Price
$1,108 - $1,521
1 to 3 Bedroom Apartments Available Now

Park Lake Apartments

7100 Leisure LnLouisville, KY 40229
Corporate Housing
  • Verified
  • 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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Buckingham Apartments
1 to 3 Bedroom Apartments

Buckingham Apartments

900 David CtElizabethtown, KY 42701
  • Utilities Included
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Linda's Place (Age 62+ )
1 to 2 Bedroom Apartments

Linda's Place (Age 62+ )

785 Running Creek DrShepherdsville, KY 40165
Senior Living
  • Utilities Included
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464 Springfield Rd
2 Bedroom Apartments

464 Springfield Rd

464 Springfield RdElizabethtown, KY 42701
Student Housing
  • Utilities Included
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Tyler Park Apartments
1 to 3 Bedroom Apartments

Tyler Park Apartments

1103 Lewis DrElizabethtown, KY 42701
  • 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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120-122 Scotch Ct
1 to 4 Bedroom Apartments

120-122 Scotch Ct

120-122 Scotch CtBardstown, KY 40004
  • Utilities Included
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The Gantry
2 Bedroom Apartments

The Gantry

5106 S Wilson RdElizabethtown, KY 42701

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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Showing Results 1-47, Page 1 of 1

New Hope, KY Local Guide

Cheapest Available New Hope Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Hope, KY is a Studio unit found at Town Pointe Apartments in the Nelson County neighborhood priced from $795. Vineland Carriage Homes Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $818. Here is today’s list of the most affordable New Hope apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Town Pointe ApartmentsStudioStudio,1BA$795
Vineland Carriage Homes ApartmentsSM 2 BDRM2BR,2BA$818
Woodside Townhomes2 Bedroom Townhome2BR,1BA$850
Preston GardensGoldenrod1BR,1BA$925
Buckingham Apartments012BR,1BA$950
Tyler Park ApartmentsDuplex - Unrenovated1BR,1BA$950
Anderson EstatesTwo Bedroom One Bath2BR,1BA$995
Autovilla TownhomesAutovilla - 2/1.5 TH (Not Remodeled)2BR,1BA$995
BlackBranch Apartments2 Bedroom2BR,2BA$999
Arrowhead RanchRHP2BR,2BA$1,099

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

As of August 24, 2026 the best value apartment in the New Hope area is the $0.92 price per square foot 3+2 Model at Arlington Park Apartments in the starting from $1,275. The second greatest value New Hope apartment is the 2 Bed, 2 Bath Model at Sage Springs starting at $1,400 with a $1.13 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.
Arlington Park Apartments3+23BR,2BA$0.92
Sage Springs2 Bed, 2 Bath2BR,2BA$1.13
Green River Lake CommonsThe Dream3BR,2BA$0.94
Claysville Landing Apartment Suites2x22BR,2BA$0.92
Winding Springs2 Bedrooms Apartments2BR,2BA$1.09
Parks at Vine3 Bed3BR,2BA$1.12
BlackBranch Apartments2 Bedroom2BR,2BA$0.87
Woodside Townhomes2 Bedroom Townhome2BR,1.5BA$0.81
Vineland Carriage Homes ApartmentsSM 2 BDRM GAR2BR,2BA$0.87
Anderson EstatesTwo Bedroom One Bath2BR,1BA$1.04

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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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!

Explore New Hope, KY Rentals by Map

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See the most popular apartments and homes in New Hope, KY

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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 Town Pointe Apartments listed at $795.

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

The lowest price for a Cheap One Bedroom New Hope Apartment is $895 at Town Pointe Apartments.

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 $818 at Vineland Carriage Homes Apartments.

What is the most affordable New Hope Three Bedroom Apartment?

The best deal on a cheap New Hope Three Bedroom Apartment rental is at Vineland Carriage Homes Apartments and starts from $1,086.

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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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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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.