Cheap Apartments for Rent in New Hope, VA from $500 (12 Rentals)

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

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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

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New Hope, VA Local Guide

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 Springhill Village Apartments priced from $850. Waterford Village has the second lowest priced unit, which is a 2 Beds apartment currently listed from $935. Here is today’s list of the most affordable New Hope apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Springhill Village ApartmentsTwo Bedroom2BR,1BA$850
Waterford Village2 Bedroom 2 Bath2BR,2BA$935
Landings at Weyers CaveThe Augusta2BR,2BA$985
Frontier Ridge Apartments2 BR2BR,2BA$988
Middlebrook Trace2 Bed2BR,1BA$1,015

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

As of September 17, 2025 the best value apartment in the New Hope area is the $0.46 price per square foot 4x4 Model at Campus View in the starting from $639. The second greatest value New Hope apartment is the Shenandoah (Furnished) Model at Squire Hill starting at $650 with a $0.48 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Campus View4x44BR,4BA$0.46
Squire HillShenandoah (Furnished)4BR,4.5BA$0.48
Arcadia Harrisonburg4BD/4.5BA Renovated4BR,4.5BA$0.51
The Hills Southview ApartmentsD1-Premium4BR,4BA$0.50
The Hills Northview ApartmentsD1-Premium4BR,2BA$0.46
The Fox Townhomes25-26 Student Availability4BR,2BA$0.52
Waterford Village2 Bedroom 2 Bath2BR,2BA$0.86
Landings at Weyers CaveThe Augusta2BR,2BA$0.93
Middlebrook Trace2 Bed2BR,1.5BA$0.99
Frontier Ridge Apartments2 BR2BR,2BA$1.03

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

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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 $1,200 at Deer Run.

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 $850 at Springhill Village 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 Middlebrook Trace and starts from $1,120.

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.

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

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.

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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.

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

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

decorative image for Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting article

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.