Bedroom count
Property type
Last updated on October 27, 2026
Average rent in
New Hope, MN
Average rent in
Last updated on October 27, 2026
Bedroom count
Property type
Median rent
Median rent in New Hope
$1,392/mo
3%vs previous year
The average rent in New Hope is $1,392 per month as of October 2026. This is 27% below the national average rent, or $508 less per month.
average price per square foot
Total rentals
Available rentals in New Hope
25
for rent on Zumper.com as of October 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 increased by 7% over the last month and have increased by 3% 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 $1,297, whereas a house costs $2,495. 1-bedroom apartments in New Hope run $1,198 on average, while 2-bedroom apartments are $1,447.
Listings | ||||
|---|---|---|---|---|
Studio | $1,100 | No Change | 10% | |
1 bedroom | $1,198 | No Change | 8% | |
2 bedroom | $1,450 | 4% | 5% | |
3 bedroom | $2,200 | 5% | 13% | |
4 bedroom | $2,649 |  11% | 8% |
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 | $1,297 | No Change | 3% | |
Condos | $1,314 | 19% | - | |
Houses | $2,495 | 75% | 3% |
Studio
Average rent
$1,100
Last year
10%
1 bedroom
Average rent
$1,198
Last year
8%
2 bedroom
Average rent
$1,450
Last 30 days
4%
Last year
5%
3 bedroom
Average rent
$2,200
Last 30 days
5%
Last year
13%
4 bedroom
Average rent
$2,649
Last 30 days
11%
Last year
8%
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
$1,297
Last 30 days
No Change
Last year
3%
Condos
Average rent
$1,314
Last 30 days
19%
Houses
Average rent
$2,495
Last 30 days
75%
Last year
3%
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
27%lower than the national median
15%lower than the national median
Takeaway
The median rent for all rentals in New Hope, MN is 14% lower than the median rent in Andover, MN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,612
46%$1,697
5%$1,895
3%$1,956
9%$1,493
7%$2,095
9%$1,842
12%$1,560
4%$1,899
14%$1,930
20%$1,850
19%$2,022
60%Discover rentals in New Hope, MN
1d ago
7104 36th Ave N, New Hope, MN 55427
2 beds
1 bath
$1,299
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
7319 62nd Ave N, New Hope, MN 55428
3 beds
1 bath
$1,625–$1,650
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
House for rent in New Hope
4103 Oregon Ave N #1, New Hope, MN 55427
5 beds
2.5 baths
$2,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
Available Dec 1
5d+ ago
House for rent in New Hope
5829 Winnetka Ave N #1, New Hope, MN 55428
3 beds
2.5 baths
$2,695
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
Available Oct 23
5d+ ago
Townhouse for rent in New Hope
7601 Elm Grove Cir, New Hope, MN 55428
3 beds
2.5 baths
$2,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
5d+ ago
House for rent in New Hope
2 beds
1 bath
$1,900
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
1d ago
2701 Xylon Ave N, New Hope, MN 55427
1–2 beds
1 bath
$1,300–$1,645
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1d ago
7700 49th Ave N, New Hope, MN 55428
1–2 beds
1 bath
$1,198–$1,498
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
3d ago
5555 Zealand Ave N, New Hope, MN 55428
1–2 beds
1 bath
$1,198–$1,498
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1h ago
4309 Rhode Island Ave N, New Hope, MN 55428
1–2 beds
1 bath
$1,185–$1,385
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
3h ago
8100 36th Ave N, New Hope, MN 55427
1–2 beds
1 bath
$1,250–$1,450
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
1h ago
4309 Rhode Island Ave N, New Hope, MN 55428
1–2 beds
1 bath
$1,185–$1,385
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
3d ago
5700 Boone Ave N, New Hope, MN 55428
1 bed
1 bath
$1,055–$1,150
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.Apartment for rent
5d+ ago
7319 62nd Ave N, New Hope, MN 55428
3 beds
1 bath
$1,625–$1,650
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
5d+ ago
House for rent in New Hope
4103 Oregon Ave N #1, New Hope, MN 55427
5 beds
2.5 baths
$2,495
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.House for rent
Available Dec 1
22h ago
SRM Properties LLC, New Hope, MN 55428
1 bed
1 bath
$1,050
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
16h ago
5700 Winnetka Ave N, New Hope, MN 55428
2 beds
1 bath
$1,402–$1,452
Total Monthly Price. The price shown includes base rent and all known required monthly fees, based on information provided by the property.Apartment for rent
1d ago
7104 36th Ave N, New Hope, MN 55427
2 beds
1 bath
$1,299
Fees may apply. The price shown reflects base rent. Complete fee information is not available from the property, so additional fees may increase the total monthly cost.Apartment for rent
3d ago
5700 Boone Ave N, New Hope, MN 55428
1 bed
1 bath
$1,055–$1,150
Additional fees apply. The price shown reflects base rent. Based on information provided by the property, additional fees may apply, but no required monthly charges have been confirmed. See all fees for details.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 $1,392 per month as of October 24, 2026.
Is rent up or down in New Hope?
Average rent prices in New Hope have increased by 7% over the last month and have increased by 3% since last year.
How does New Hope rent compare to the national average?
Rent in New Hope is 27% below the national average, which means renters are paying approximately $508 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 $56,000/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?
March offers the lowest rental prices in New Hope, while May sees the highest rent, with approximately a 5.4% difference between peak and off-peak pricing.
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).