What's the average rent in New Hope, MN?
Rental Market Trends in New Hope, MN
Choose another city
SOURCE: TRULIA DATA
Rental market highlights
As of September 2026, the average rent in New Hope, MN is $1,356 per month, which is 30% lower than the national average rent of $1,948 per month.
AVERAGE RENT
$1,356
-2.3%-$32 decrease month-over-month
1.4%$19 increase year-over-year
AVAILABLE RENTALS
40
APARTMENTS
HOUSES
TOWNHOUSES
As of September 2026, apartments are the most affordable rental option in New Hope, MN at $1,302 per month, while houses are the most expensive at $2,799 per month. Townhomes average $2,550 per month, offering a mid-range alternative for renters.
Average rent by number of bedrooms
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,199 |
| 2 Bedrooms | $1,356 |
| 3 Bedrooms | $1,633 |
| 4 Bedrooms | $2,550 |
| All | $1,356 |
As of September 2026, the average rent for a 1 bedroom rental in New Hope, MN is $1,199 per month, followed by $1,356 for a 2 bedroom rental, $1,633 for a 3 bedroom rental, and $2,550 for a 4 bedroom rental.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | $1,425 |
| 3 Bedrooms | $2,600 |
| 4 Bedrooms | $2,550 |
| All | $2,550 |
As of September 2026, the average rent for a 2 bedroom townhome in New Hope, MN is $1,425 per month, followed by $2,600 for a 3 bedroom townhome, and $2,550 for a 4 bedroom townhome.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | $1,199 |
| 2 Bedrooms | $1,349 |
| 3 Bedrooms | — |
| 4 Bedrooms | — |
| All | $1,225 |
As of September 2026, the average rent for a 1 bedroom apartment in New Hope, MN is $1,199 per month, followed by $1,349 for a 2 bedroom apartment.
| Floor plan type | Average rent |
|---|---|
| 1 Bedroom | — |
| 2 Bedrooms | — |
| 3 Bedrooms | $2,895 |
| 4 Bedrooms | $2,799 |
| All | $2,799 |
As of September 2026, the average rent for a 3 bedroom house in New Hope, MN is $2,895 per month, followed by $2,799 for a 4 bedroom house.
Average rent trends and rent ranges
Average rent price over time
In the past year, rent has increased by +3% compared to the previous year, which is a +$35 increase.
This year (2026)
Last year (2025)
Rent distribution
60% of rentals have rent of $800-$1,499/month
Rental price range
The price range for rentals is $860 to $2,895.
