Cheap Homes for Rent in New Hope, TX from $1,600 (17 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

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

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.

property at 2543 Co Rd 332

$1,800

Total Monthly Price

Total Monthly Price

Base Rent
$1,800

Total Monthly Price
$1,800

3 Bedroom, 2 Bath Home for Rent

Available Now

2543 Co Rd 332

McKinneyTX75071

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.

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.

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 Newsome Homes in the Timber Creek neighborhood priced from $640. 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
Newsome HomesA11BR,1BA$640
601 Drexel Street Units 1-8 (McKinney 15)1/11BR,1BA$800
Ashton Oaks ApartmentsAsh1BR,1BA$915
Provision at MelissaA1-501BR,1BA$994
Buffalo Run2 Bedroom 1 Bath2BR,1BA$997

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

As of May 22, 2026 the best value apartment in the New Hope area is the $1.02 price per square foot Randolph Model at The Townhomes at Monticello in the in the Forest Grove neighborhood starting from $1,995. The second greatest value New Hope apartment is the Hamilton Model at The Residences at Harrison Park starting at $2,395 with a $1.26 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.
The Townhomes at MonticelloRandolph3BR,2.5BA$1.02
The Residences at Harrison ParkHamilton4BR,2.5BA$1.26
Townhomes at Princeton MeadowsTH13BR,2.5BA$1.16
Whitewing Flats2A2BR,2BA$1.18
Stonegate ApartmentsB22BR,2BA$1.51
Buffalo RidgeB-12BR,1BA$1.21
Buffalo Run2 Bedroom 1 Bath2BR,1BA$1.25
Eight 99 at HazelwoodOne Bedroom - Brazos1BR,1BA$1.50
Newsome HomesA11BR,1BA$0.97
601 Drexel Street Units 1-8 (McKinney 15)1/11BR,1BA$1.35

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 Article
Decorative image

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.

Read Article
Decorative image

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.

decorative image of people with a giant lease agreement

Pet Friendly Lifestyle
New Hope, TX

Ranked #117

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

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

decorative image of woman handing cat to small boy

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

Explore New Hope, TX Rentals by Map

View Map
New Hope, TX Apartments Map
View Map
New Hope, TX Rental Homes Map

Frequently Asked Questions about New Hope

What type of rentals are currently available in New Hope?

There are currently 53 Apartments for Rent in New Hope, TX with pricing that ranges from $554 to $7,104. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in New Hope ranging from $1,695 to $3,750.

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 $1,695 to $3,750 with an average monthly rent of $2,287.

How much are larger Three and Four Bedroom Rentals in New Hope?

For those who are looking for larger living arrangements, Three Bedroom Apartments in New Hope range from $753 to $5,888, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,695 to $3,000. Four Bedroom Single-Family rentals are also available starting from $1,950 and Four Bedroom Apartments start at $2,099.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.