Bedroom count
Property type
Last updated on September 11, 2026
Average rent in
New Hope, MN
Average rent in
Last updated on September 11, 2026
Bedroom count
Property type
Median rent
Median rent in New Hope
$1,295/mo
4%vs previous year
The average rent in New Hope is $1,295 per month as of September 2026. This is 32% below the national average rent, or $605 less per month.
average price per square foot
Total rentals
Available rentals in New Hope
26
for rent on Zumper.com as of September 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 decreased by 5% over the last month and have decreased by 4% 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 $1,295, whereas a house costs $2,495. 1-bedroom apartments in New Hope run $1,235 on average, while 2-bedroom apartments are $1,385.
Listings | ||||
|---|---|---|---|---|
Studio | $1,095 | 17% | 8% | |
1 bedroom | $1,230 |  1% | 24% | |
2 bedroom | $1,395 | 1% | 7% | |
3 bedroom | $2,165 | No Change | 36% | |
4 bedroom | $2,800 | 9% | 64% |
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 | $1,295 | No Change | No Change | |
Condos | $1,372 | No Change | No Change | |
Houses | $2,495 | 10% | No Change |
Studio
Average rent
$1,095
Last 30 days
17%
Last year
8%
1 bedroom
Average rent
$1,230
Last 30 days
1%
Last year
24%
2 bedroom
Average rent
$1,395
Last 30 days
1%
Last year
7%
3 bedroom
Average rent
$2,165
Last year
36%
4 bedroom
Average rent
$2,800
Last 30 days
9%
Last year
64%
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
$1,295
Last 30 days
No Change
Condos
Average rent
$1,372
Last 30 days
No Change
Houses
Average rent
$2,495
Last 30 days
10%
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
32%lower than the national median
20%lower than the national median
Takeaway
The median rent for all rentals in New Hope, MN is 15% lower than the median rent in Andover, MN.
Average rent in nearby cities
Explore rent trends in neighboring markets
$1,515
39%$1,677
15%$1,857
7%$1,962
2%$1,395
6%$1,996
15%$1,677
13%$1,620
9%$1,913
4%$2,002
4%$1,764
5%$1,800
67%Discover rentals in New Hope, MN
19h ago
5700 Winnetka Ave N, New Hope, MN 55428
1–3 beds
1 bath
$1,235–$1,695
Apartment for rent
1d ago
5625 Boone Ave N, New Hope, MN 55428
1–3 beds
1–2 baths
$1,235–$1,895
Apartment for rent
3d ago
7104 36th Ave N, New Hope, MN 55427
2 beds
1 bath
$1,299–$1,329
Apartment for rent
5d+ ago
8201 46th Ave N, New Hope, MN 55428
2 beds
1 bath
$1,325
Apartment for rent
3d ago
Townhouse for rent in New Hope
7601 Elm Grove Cir, New Hope, MN 55428
3 beds
2.5 baths
$2,600
House for rent
4h ago
8100 36th Ave N, New Hope, MN 55427
1–2 beds
1 bath
$1,250–$1,550
Apartment for rent
2h ago
5555 Zealand Ave N, New Hope, MN 55428
1–2 beds
1 bath
$1,198–$1,498
Apartment for rent
22h ago
4601 Independence Ave N, New Hope, MN 55428
1–2 beds
1 bath
$1,295–$1,495
Apartment for rent
2h ago
5555 Zealand Ave N, New Hope, MN 55428
1–2 beds
1 bath
$1,198–$1,498
Apartment for rent
5d+ ago
7700 49th Ave N, New Hope, MN 55428
1 bed
1 bath
$1,198
Apartment for rent
1d ago
5700 Boone Ave N, New Hope, MN 55428
1 bed
1 bath
$1,055–$1,200
Apartment for rent
2d ago
2741 Virginia Ave N, New Hope, MN 55427
1 bed
1 bath
$1,195
Apartment for rent
1d ago
5700 Boone Ave N, New Hope, MN 55428
1 bed
1 bath
$1,055–$1,200
Apartment for rent
3h ago
4309 Rhode Island Ave N, New Hope, MN 55428
1–2 beds
1 bath
$1,185–$1,385
Apartment for rent
19h ago
5700 Winnetka Ave N, New Hope, MN 55428
1–3 beds
1 bath
$1,235–$1,695
Apartment for rent
3d ago
7319 62nd Ave N, New Hope, MN 55428
3 beds
1 bath
$1,625–$1,650
Apartment for rent
1d ago
5700 Boone Ave N, New Hope, MN 55428
1 bed
1 bath
$1,055–$1,200
Apartment for rent
19h ago
5700 Winnetka Ave N, New Hope, MN 55428
1–3 beds
1 bath
$1,235–$1,695
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
$2,995
$2,795
Price drop
House for rent
Available Oct 1
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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 $1,295 per month as of September 5, 2026.
Is rent up or down in New Hope?
Average rent prices in New Hope have decreased by 5% over the last month and have decreased by 4% since last year.
How does New Hope rent compare to the national average?
Rent in New Hope is 32% below the national average, which means renters are paying approximately $605 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 $52,000/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).