
Cheap Apartments for Rent in New Hope, VA from $400 (8 Rentals)
Search the lowest-cost Apartments available for rent right now in New Hope.


Valley View Senior Apartments

Springhill Village Apartments

Waterford Village

Landings at Weyers Cave

Frontier Ridge Apartments

56 Washington St
New Hope, VA 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 | $1,117 | $1,055 | $1,180 |
| New Hope 1 Bedroom Apartments | $1,408 | $780 | $2,820 |
| New Hope 2 Bedroom Apartments | $1,603 | $477 | $3,320 |
| New Hope 3 Bedroom Apartments | $1,701 | $715 | $3,430 |
| New Hope 4 Bedroom Apartments | $981 | $495 | $3,200 |
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New Hope, VA Local Guide
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Cheapest Available New Hope Apartments for Rent and Nearby
 The cheapest available apartment rental in New Hope, VA is a 2 Beds unit found at Overlook Ridge priced from $477. Springhill Village Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $850. Here is today’s list of the most affordable New Hope apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Overlook Ridge | Two Bedroom | 2BR,1BA | $477 |
| Springhill Village Apartments | Two Bedroom | 2BR,1BA | $850 |
| Waterford Village | 2 Bedroom 2 Bath | 2BR,2BA | $935 |
Best Value Apartments for Rent in New Hope, VA and Nearby
As of November 10, 2025 the best value apartment in the New Hope area is the $0.52 price per square foot 4BD/4.5BA Model at Arcadia Harrisonburg in the in the Old Town Harrisonburg neighborhood starting from $685. The second greatest value New Hope apartment is the D1-Premium Model at The Hills Southview Apartments starting at $651 with a $0.50 price per square foot in the Old Town Harrisonburg 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. |
|---|---|---|---|
| Arcadia Harrisonburg | 4BD/4.5BA | 4BR,4.5BA | $0.52 |
| The Hills Southview Apartments | D1-Premium | 4BR,4BA | $0.50 |
| Waterford Village | 3 Bedroom 2 Bath | 3BR,2BA | $0.89 |
| The Hills Northview Apartments | D1-Premium | 4BR,2BA | $0.47 |
| Montague Terrace | 2 BDRM/2Bath | 2BR,2BA | $1.08 |
| Landings at Weyers Cave | The Augusta | 2BR,2BA | $0.93 |
| Middlebrook Trace | 2 Bed | 2BR,1.5BA | $0.99 |
| Overlook Ridge | Three Bedroom | 3BR,2BA | $1.26 |
| Frontier Ridge Apartments | 2 BR | 2BR,2BA | $1.03 |
| Springhill Village Apartments | Two Bedroom | 2BR,1BA | $1.03 |
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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 $1,139 at Park 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 $477 at Overlook 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 Waterford Village and starts from $1,075.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.
