Bedroom count

Property type

Last updated on October 20, 2025

Average rent in
New Hope, MN

Last updated on October 20, 2025

Last updated on October 20, 2025

Bedroom count

Property type

As of October 2025, the median rent for all bedroom counts and property types in New Hope, MN is $1,335. This is -31%, or $610, lower than the national average.

$1.43

average price per square foot

Median rent

$1,335

decreased by1%
over the previous yearvs previous year

Total rentals

15

for rent on Zumper.com

As of October 2025, the median rent for all bedroom counts and property types in New Hope, MN is $1,335. This is -31%, or $610, lower than the national average.

$1.43

average price per square foot

Rent ranges

10%
65%
18%
6%
$0-$750$0 - $750
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000

Households

53%
47%
Owner-occupied
Renter-occupied

Median rent and rent ranges are based on Zumper inventory in the last 30 days. Household data are provided by the US Census Bureau.

Rent price trends in
New Hope, MN

Rent price trends

Rent prices for all bedroom counts and property types in New Hope, MN have decreased by 1% in the last month and have decreased by 1% in the last year.

Rent prices on this page are calculated on a rolling 30-day basis and updated daily.

Rent comparables in
New Hope, MN

The monthly rent for an apartment in New Hope, MN is $1,320. A 1-bedroom apartment in New Hope, MN costs about $1,135 on average, while a 2-bedroom apartment is $1,360. Houses for rent in New Hope, MN are more expensive, with an average monthly cost of $2,395.

Comparables

1 bedroom

$1,135

1%

4%

2 bedroom

$1,424

2%

24%

3 bedroom

$2,002

1%

16%

4 bedroom

$2,575

4%

-

Studio

$1,015

8%

4%

Studio

Average rent

$1,015

Last 30 days

8%

Last year

4%

1 bedroom

Average rent

$1,135

Last 30 days

1%

Last year

4%

2 bedroom

Average rent

$1,424

Last 30 days

2%

Last year

24%

3 bedroom

Average rent

$2,002

Last 30 days

1%

Last year

16%

4 bedroom

Average rent

$2,575

Last 30 days

4%

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.

Compare rent prices in New Hope, MN to other cities

Median rent prices in New Hope, MN for all bedroom counts and property types compared to Andover, MN.

New Hope

Median rent price$1,335
decreased by31%

lower than the national median

Median rent price$2,400
increased by23%

higher than the national median

Takeaway

The median rent for all rentals in New Hope, MN is 44% lower than the median rent in Andover, MN.

More data insights and reports

View the National Rent Report

National Rent Report

View the Canadian Rent Report

Canadian Rent Report

View the Annual Rent Report

Annual Rent Report

Are you interested in licensing our current and historical rental real estate data, or do you have custom data requests? Contact datalicensing@zumper.com.

Average rent in
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Explore rent trends in other markets

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Apartments for rent in Apple Valley

Discover rentals in New Hope, MN

4510 Rhode Island - Photo 1 of 1

3d ago

8.8

Very good

4510 Rhode Island

4510 Rhode Island Ave N, New Hope, MN 55428

2 beds

1 bath

$1,279

Apartment for rent

Lincoln Manor - Photo 1 of 1

3d ago

8.5

Very good

Lincoln Manor

7319 62nd Ave N, New Hope, MN 55428

3 beds

1 bath

$1,625–$1,650

Apartment for rent

Eagle Crest Apartments - Photo 1 of 1

3d ago

8.3

Very good

Eagle Crest Apartments

4601 Independence Ave N, New Hope, MN 55428

3 beds

1 bath

$1,995

Apartment for rent