
Cheap Homes for Rent near New Hope, MN from $1,100 (7 Rentals)
Search the lowest-cost Homes available for rent right now in New Hope.


5910 W Broadway, Unit 5

1304 W Medicine Lake Dr, Unit 117B
Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Get the inside scoop on Minneapolis apartment living from a local expert. Explore the best neighborhoods for renting, fascinating history, top attractions, and must-try dining.

1304 W Medicine Lake Dr

4350 Trenton Ln N

7404 72nd Ln N
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.

10840 Rockford Rd
New Hope, MN Local Guide

How much does it cost to rent a home in New Hope?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New Hope 2 Bedroom Homes for Rent | $1,872 | $1,399 | $2,650 |
| New Hope 3 Bedroom Homes for Rent | $2,337 | $1,795 | $2,780 |
| New Hope 4 Bedroom Homes for Rent | $2,728 | $2,580 | $2,995 |
| New Hope 5 Bedroom Homes for Rent | $2,712 | $2,295 | $3,156 |
Browse Top Homes for Rent in New Hope
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New Hope, MN Local Guide
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Cheapest Available New Hope Apartments for Rent and Nearby
 The cheapest available apartment rental in New Hope, MN is a 1 Bed unit found at Cambridge Court Apartments in the Regent Place neighborhood priced from $930. Kings Manor Apartments in the Becker neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $975. Here is today’s list of the most affordable New Hope apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Cambridge Court Apartments | 1-Bedroom Small | 1BR,1BA | $930 |
| Kings Manor Apartments | Studio | Studio,1BA | $975 |
| 36th Ave Apartments | 1 Bed 1 Bath | 1BR,1BA | $995 |
Best Value Apartments for Rent in New Hope, MN and Nearby
As of August 19, 2026 the best value apartment in the New Hope area is the $1.10 price per square foot 2x2 B Model at Plymouth Commons in the in the Forest neighborhood starting from $1,350. The second greatest value New Hope apartment is the 2BR/2.0BA Model at Presidential Estates Townhomes starting at $1,425 with a $1.30 price per square foot in the Brookview 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. |
|---|---|---|---|
| Plymouth Commons | 2x2 B | 2BR,2BA | $1.10 |
| Presidential Estates Townhomes | 2BR/2.0BA | 2BR,2BA | $1.30 |
| Cabana Apartments | 2 Bedroom/1Bath | 2BR,1BA | $1.10 |
| Plymouth Pointe | B1 | 2BR,1BA | $1.50 |
| Garden Gates | 2 Bedroom 1st Floor | 2BR,1BA | $1.45 |
| Ridgebrook Apartments | 1x1 Brook Full-Call For Availability | 1BR,1BA | $1.48 |
| Manor Royal Apartments | a1h | 1BR,1BA | $1.50 |
| Burgundy And Hillsboro | A1 | 1BR,1BA | $1.45 |
| Cambridge Court Apartments | 1-Bedroom Small | 1BR,1BA | $1.28 |
| Autumn Ridge Apartments | 1 Bedroom | 1BR,1BA | $1.43 |
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 ArticleEnjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Discover the best Minneapolis neighborhoods for student renters! Find ideal apartments near major Twin Cities campuses & enjoy vibrant student life.
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
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in New Hope, MN
Frequently Asked Questions about New Hope
What type of rentals are currently available in New Hope?
There are currently 212 Apartments for Rent in New Hope, MN with pricing that ranges from $895 to $4,267. There are also 44 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Hope ranging from $1,100 to $3,156.
What is the current price range for Rental Homes in New Hope?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New Hope ranges from $1,100 to $3,156 with an average monthly rent of $2,307.
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.
Helpful Local Expert Guides

Authentic Minneapolis: An Insider's Guide to Renting in the City of Lakes
Written by: Stephanie Lica
Hello from the Twin Cities! I’m Stephanie — your ApartmentHomeLiving.com Local Expert for Minneapolis. I’m here to give you the inside scoop on this frigid, yet fascinating city.

Blending Career and Community: Top Neighborhoods to Rent Near Major Minneapolis Employers
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, Minnesota. I love life in the Twin Cities.

Enjoy Twin Cities Campus Life: Top Minneapolis Neighborhoods for Student Renters
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN.

A Local Expert’s Guide To the Top 10 Budget-Friendly Neighborhoods to Rent in Minneapolis
Written by: Stephanie Lica
I'm Stephanie, your ApartmentHomeLiving.com Local Expert for Minneapolis, MN. I've lived in Minnesota all my life, save for a brief stint in Wisconsin.
Articles, How-To's, and Tips

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.

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.

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.

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.