Bedroom count
Property type
Last updated on July 28, 2026
Average rent in
New Hope, MN
Average rent in
Last updated on July 28, 2026
Bedroom count
Property type
Median rent
Median rent in New Hope
$1,370/mo
2%vs previous year
The average rent in New Hope is $1,370 per month as of July 2026. This is 29% below the national average rent, or $560 less per month.
average price per square foot
Total rentals
Available rentals in New Hope
26
for rent on Zumper.com as of July 2026
Rent price distribution
Share of New Hope rentals at each price point
Rent trends in New Hope, MN
Average rent prices in New Hope have remained the same over the last month and have increased by 2% since last year.
Rent trends
Rent prices on this page are calculated on a rolling 30-day basis and updated daily.
Compare rent prices in
New Hope, MN
Rent prices in New Hope vary by bedroom size, rental type, and neighborhood. The average rent for an apartment in New Hope is $1,324, whereas a house costs $2,449. 1-bedroom apartments in New Hope run $1,179 on average, while 2-bedroom apartments are $1,449.
Listings | ||||
|---|---|---|---|---|
Studio | $1,057 |  4% | 7% | |
1 bedroom | $1,198 | 1% | 5% | |
2 bedroom | $1,399 | No Change | 2% | |
3 bedroom | $2,165 | 10% | 38% | |
4 bedroom | $2,520 | 2% | 4% |
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in New Hope, MN.
Listings | ||||
|---|---|---|---|---|
Apartments | $1,324 | 1% | No Change | |
Condos | $1,399 | 1% | No Change | |
Houses | $2,449 | 1% | No Change |
Studio
Average rent
$1,057
Last 30 days
4%
Last year
7%
1 bedroom
Average rent
$1,198
Last 30 days
1%
Last year
5%
2 bedroom
Average rent
$1,399
Last 30 days
No Change
Last year
2%
3 bedroom
Average rent
$2,165
Last 30 days
10%
Last year
38%
4 bedroom
Average rent
$2,520
Last 30 days
2%
Last year
4%
At this time, we don't have enough active inventory for all rentals to generate data. Please check back soon to see neighborhood rent prices in New Hope, MN.
Apartments
Average rent
$1,324
Last 30 days
1%
Condos
Average rent
$1,399
Last 30 days
1%
Houses
Average rent
$2,449
Last 30 days
1%
The table above reflects average rent prices in New Hope, MN, broken down by the number of bedrooms, neighborhoods, and property types. The availability of data for each category is dependent on market inventory and will adjust depending on your selected filters.
How does rent in New Hope, MN compare to other cities?
Compare median rent prices in New Hope and Andover by all bedroom counts and property types.
New Hope
29%lower than the national median
24%lower than the national median
Takeaway
The median rent for all rentals in New Hope, MN is 6% lower than the median rent in Andover, MN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,465
47%$1,924
9%$1,995
4%$1,896
3%$1,524
13%$2,195
7%$1,996
22%$1,772
16%$1,920
$1,972
7%$1,748
1%$1,645
69%Discover rentals in New Hope, MN
5d+ ago
7104 36th Ave N, New Hope, MN 55427
2 beds
1 bath
$1,299–$1,329
Apartment for rent
13h ago
5700 Winnetka Ave N, New Hope, MN 55428
2–3 beds
1 bath
$1,360–$1,695
Apartment for rent
1d ago
Condo for rent in New Hope
2720 Rosalyn Ct #202, New Hope, MN 55427
2 beds
1 bath
$1,395
Condo for rent
Available Jul 1
5d+ ago
4510 Rhode Island Ave N, New Hope, MN 55428
2 beds
1 bath
$1,399
Apartment for rent
5d+ ago
Apartment for rent in New Hope
2800 Hillsboro Ave N #313, New Hope, MN 55427
2 beds
1.5 baths
$1,799
$1,649
Price drop
Apartment for rent
Available Aug 10
5d+ ago
Condo for rent in New Hope
2800 Hillsboro Ave N, New Hope, MN 55427
2 beds
1.5 baths
$1,799
$1,649
Price drop
Condo for rent
3d ago
7700 49th Ave N, New Hope, MN 55428
1–2 beds
1 bath
$1,198–$1,498
Apartment for rent
4d ago
4601 Independence Ave N, New Hope, MN 55428
1–2 beds
1 bath
$1,200–$1,495
Apartment for rent
1d ago
5700 Boone Ave N, New Hope, MN 55428
1 bed
1 bath
$1,055–$1,300
Apartment for rent
3d ago
7700 49th Ave N, New Hope, MN 55428
1–2 beds
1 bath
$1,198–$1,498
Apartment for rent
5d+ ago
Condo for rent in New Hope
2730 Rosalyn Ct #301, New Hope, MN 55427
2 beds
1 bath
$1,399
Condo for rent
Available Jul 25
13h ago
5700 Winnetka Ave N, New Hope, MN 55428
2–3 beds
1 bath
$1,360–$1,695
Apartment for rent
5d+ ago
4510 Rhode Island Ave N, New Hope, MN 55428
2 beds
1 bath
$1,399
Apartment for rent
13h ago
5700 Winnetka Ave N, New Hope, MN 55428
2–3 beds
1 bath
$1,360–$1,695
Apartment for rent
4d ago
4309 Rhode Island Ave N, New Hope, MN 55428
1–2 beds
1 bath
$1,185–$1,385
Apartment for rent
5d+ ago
Condo for rent in New Hope
6015 W Broadway Ave #304, New Hope, MN 55428
1 bed
1 bath
$1,000
Condo for rent
Available Oct 11
10h ago
5625 Boone Ave N, New Hope, MN 55428
1–3 beds
1–2 baths
$1,235–$1,895
Apartment for rent
13h ago
5700 Winnetka Ave N, New Hope, MN 55428
2–3 beds
1 bath
$1,360–$1,695
Apartment for rent
4d ago
4309 Rhode Island Ave N, New Hope, MN 55428
1–2 beds
1 bath
$1,185–$1,385
Apartment for rent
5d+ ago
8201 46th Ave N, New Hope, MN 55428
1–2 beds
1–2 baths
$1,050–$1,600
Price drop
Apartment for rent
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Frequently asked questions for New Hope, MN
Quick answers to common questions about the New Hope rental market.
How much is rent in New Hope?
The average rent in New Hope is $1,370 per month as of July 25, 2026.
Is rent up or down in New Hope?
Average rent prices in New Hope have remained the same over the last month and have increased by 2% since last year.
How does New Hope rent compare to the national average?
Rent in New Hope is 29% below the national average, which means renters are paying approximately $560 less per month.
What salary do I need to afford rent in New Hope?
To comfortably afford rent in New Hope, you'd need to earn approximately $55,000/year, based on spending no more than 30% of your income on rent.
When is the best time of year to rent in New Hope?
Based on Zumper's July 2026 data, one-bedroom apartments in New Hope average around $1,160/month and two-bedrooms approximately $1,410/month.
Methodology
Rent prices are based on Zumper's rental listings from the past 30 days. Median rent is calculated across all available listings and property types on the platform. If you filter the page by bedroom count or property type, the pricing throughout the page will update automatically to reflect that segment of the rental market.
Household and population data come from the U.S. Census Bureau. Cost-of-living data is sourced from the Council for Community and Economic Research's Cost of Living Index (COLI).