Cheap Apartments for Rent in New Hope, MN

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Apartments For Rent Near New Hope, MN

We found 29 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 decreased in May 2026 compared to the previous month. Rent previously peaked in May 2025.
MonthAverage rent
Jun 2025$1,329
Jul 2025$1,349
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
View as a graph

Average Rent By Bedroom and Home Type

In May 2026, Apartments and Condos were the most affordable home type to rent compared with Houses and Townhomes.
1 bed2 beds3 beds4 bedsAll
All home types$1,185$1,402$2,200$2,850$1,315
Townhomes———$2,850$2,850
Apartments and Condos$1,225$1,395——$1,275
Houses—$1,850$2,800—$2,800
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 $1,313 per month. This is about 32% lower than the national average.
  • What is the average rent of a house in New Hope, MN?
    The average rent of a house in New Hope, MN is $2,800 per month. This is about 45% higher than the national average.
  • What is the average rent of a townhome in New Hope, MN?
    The average rent of a townhome in New Hope, MN is $2,850 per month. This is about 48% higher 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 $1,185 per month. That is about $210 more than the cost of a studio apartment.
  • How many available rental listings are in New Hope, MN?
    There are 42 available rental listings in New Hope, MN.
  • 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.