Cheap Apartments for Rent in New Hope, TX from $400 (64 Rentals)

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

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The Gables of McKinney
Rent Specials
$1,057 - $2,677
Total Monthly Price

Total Monthly Price

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$1,057 - $2,677
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1 to 2 Bedroom Apartments Available Now

The Gables of McKinney

1500 W Eldorado PkyMcKinney, TX 75069
Corporate Housing
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  • 3D Tour

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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Oaklyn
Rent Specials
$1,102 - $1,592
Total Monthly Price

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Base Rent
$1,102 - $1,592
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1 to 2 Bedroom Apartments Available Now

Oaklyn

1600 Heritage DrMcKinney, TX 75069
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FarmHouse121
Rent Specials
$1,200 - $2,130
Total Monthly Price

Total Monthly Price

Base Rent
$1,200 - $2,130
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Studio to 2 Bedroom Apartments Available Now

FarmHouse121

3320 Sam Rayburn HwyMelissa, TX 75454
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour

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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Collin Square
Rent Specials
$1,208 - $2,684
Total Monthly Price

Total Monthly Price

Base Rent
$1,208 - $2,684
Total Monthly Price
$1,208 - $2,684
Studio to 3 Bedroom Apartments Available Now

Collin Square

3751 North Central ExpyMcKinney, TX 75071
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Woodlyn
Rent Specials
$1,247 - $1,652
Total Monthly Price

Total Monthly Price

Base Rent
$1,247 - $1,652
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1 to 2 Bedroom Apartments Available Now

Woodlyn

123 Wilson Creek BlvdMcKinney, TX 75069
Corporate Housing
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McKinney Terrace
Rent Specials
$1,284 - $2,207
Total Monthly Price

Total Monthly Price

Base Rent
$1,284 - $2,207
Total Monthly Price
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1 to 3 Bedroom Apartments Available Now

McKinney Terrace

1703 Rockhill RdMcKinney, TX 75069
Work From Home
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Merano Apartments
Rent Specials
$1,285 - $2,225
Total Monthly Price

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$1,285 - $2,225
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1 to 2 Bedroom Apartments Available Now

Merano Apartments

1570 Heritage DrMcKinney, TX 75069
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Prose Stoneridge
Rent Specials
$1,288 - $1,953
Total Monthly Price

Total Monthly Price

Base Rent
$1,288 - $1,953
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1 to 2 Bedroom Apartments Available Now

Prose Stoneridge

2911 Central ExpyMelissa, TX 75454
Family Friendly
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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.

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property at 911 Anthony St

$1,695

Total Monthly Price

Total Monthly Price

Base Rent
$1,695
Total Monthly Price
$1,695

2 Bedroom, 2 Bath Home for Rent

Available Now

911 Anthony St

McKinneyTX75069
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Yardly Stoneridge
$1,787 - $2,058
Total Monthly Price

Total Monthly Price

Base Rent
$1,787 - $2,058
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1 to 2 Bedroom Apartments Available Now

Yardly Stoneridge

230 W Melissa RdMelissa, TX 75454
Family Friendly
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  • Utilities Included

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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Gala at Melissa
1 to 2 Bedroom Apartments

Gala at Melissa

2730 E Melissa RdMelissa, TX 75454
Senior Living
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380 Villas
Studio to 3 Bedroom Apartments

380 Villas

808 Throckmorton StMcKinney, TX 75069
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Buffalo Run
1 to 2 Bedroom Apartments

Buffalo Run

520 2nd St SPrinceton, TX 75407
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Larkin Apartment Homes
1 to 3 Bedroom Apartments

Larkin Apartment Homes

2301 W White AveMcKinney, TX 75071
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Whitewing Flats
1 to 3 Bedroom Apartments

Whitewing Flats

600 W Monte Carlo BlvdPrinceton, TX 75407

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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New Hope, TX Local Guide

Cheapest Available New Hope Apartments for Rent and Nearby

 

The cheapest available apartment rental in New Hope, TX is a 1 Bed unit found at Provision at Melissa in the Villages of Melissa neighborhood priced from $554. 601 Drexel Street Units 1-8 (McKinney 15) in the Timber Creek neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable New Hope apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Provision at MelissaA1-301BR,1BA$554
601 Drexel Street Units 1-8 (McKinney 15)1/11BR,1BA$800
Brixton McKinney ApartmentsA21BR,1BA$1,031
The Gables of McKinney1A1BR,1BA$1,057
Ashton Oaks ApartmentsBirch1BR,1BA$1,060
Larkin Apartment HomesA1R1BR,1BA$1,066
Davis at the SquareE1Studio,1BA$1,070
Grand TexanA11BR,1BA$1,075
1701 at EldoradoA11BR,1BA$1,078
Buffalo Run2 Bedroom 1 Bath2BR,1BA$1,082

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

As of April 13, 2026 the best value apartment in the New Hope area is the $1.58 price per square foot C2 Model at Townhomes at Sam Rayburn in the in the Villages of Melissa neighborhood starting from $2,622. The second greatest value New Hope apartment is the Benton Model at The Residences at Harrison Park starting at $2,295 with a $1.40 price per square foot in the Villages of Melissa 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.
Townhomes at Sam RayburnC23BR,2.5BA$1.58
The Residences at Harrison ParkBenton3BR,2.5BA$1.40
Townhomes at Princeton MeadowsTH13BR,2.5BA$1.13
Oxenfree PrincetonElevate 3 x 23BR,2BA$1.55
Whitewing Flats2A2BR,2BA$1.27
Southgate Apartments2 Bedroom 2 Bathroom2BR,2BA$1.58
Stonegate ApartmentsB22BR,2BA$1.29
Buffalo Run2 Bedroom 1 Bath2BR,1BA$1.35
Mill Stream Apartments1 x 11BR,1BA$1.60
601 Drexel Street Units 1-8 (McKinney 15)1/11BR,1BA$1.35

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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Quick 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.

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Pet Friendly Lifestyle
New Hope, TX

Ranked #135

Among cities in Texas for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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

Explore New Hope, TX Rentals by Map

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

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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 Davis at the Square listed at $1,070.

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

The lowest price for a Cheap One Bedroom New Hope Apartment is $554 at Provision at Melissa.

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 $900 at 601 Drexel Street Units 1-8 (McKinney 15).

What is the most affordable New Hope Three Bedroom Apartment?

The best deal on a cheap New Hope Three Bedroom Apartment rental is at Kinwood Apartments and starts from $1,421.

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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.