Cheap Apartments for Rent in New Hope, MN

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Apartments For Rent Near New Hope, MN

We found 26 more apartments matching your filters just outside New Hope

Average Rent Trends in New Hope, MN

Rent in New Hope, MN varies by number of bedrooms and home type. Use these charts to quickly see how rent changes.
Average rent increased in Jul 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Aug 2025$1,351
Sep 2025$1,299
Oct 2025$1,361
Nov 2025$1,334
Dec 2025$1,299
Jan 2026$1,299
Feb 2026$1,379
Mar 2026$1,299
Apr 2026$1,420
May 2026$1,314
Jun 2026$1,354
Jul 2026$1,388
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Average Rent By Bedroom and Home Type

In July 2026, Apartments and Condos were the most affordable home type to rent compared with Townhomes and Houses.
1 bed2 beds3 beds4 bedsAll
All home types$1,225$1,425$2,474$2,850$1,381
Townhomes—$1,425——$1,425
Apartments and Condos$1,225$1,700——$1,275
Houses—$900$2,500$2,850$2,949
See more information about local market trends in New Hope, MN

Frequently Asked Questions about Rentals in New Hope, MN

  • What is the average rent of an apartment in New Hope, MN?
    The average rent of an apartment in New Hope, MN is $1,301 per month. This is about 33% lower than the national average.
  • When is the average rent cheapest in New Hope, MN?
    In the last year, the average rent in New Hope, MN was lowest in Sep 2025 when it was $1,299 per month.
  • When is the average rent most expensive in New Hope, MN?
    In the last year, the average rent in New Hope, MN was highest in May 2025 when it was $1,399 per month.
  • How does the rent of a 1 bedroom apartment compare to a studio apartment in New Hope, MN?
    The average rent of a 1 bedroom apartment in New Hope, MN is $1,225 per month. That is about $250 more than the cost of a studio apartment.
  • What are some cities near New Hope, MN?
    Some nearby cities include: Crystal, Robbinsdale, Medicine Lake, Golden Valley, Plymouth. These cities may have more rental options to explore.
View this page in Spanish: Apartamentos baratos en renta en New Hope, MN - 145 Rentas | Trulia