Bedroom count

Property type

Last updated on March 15, 2026

Average rent in
New Hope, MN

Last updated on March 15, 2026

Last updated on March 15, 2026

Bedroom count

Property type

As of March 2026, the median rent for all bedroom counts and property types in New Hope, MN is $1,405. This is -26%, or $496, lower than the national average.

$1.48

average price per square foot

Median rent

$1,405

increased by3%
over the previous yearvs previous year

Total rentals

26

for rent on Zumper.com

As of March 2026, the median rent for all bedroom counts and property types in New Hope, MN is $1,405. This is -26%, or $496, lower than the national average.

$1.48

average price per square foot

Rent ranges

63%
30%
6%
2%
$751-$1,500$751 - $1,500
$1,501-$2,250$1,501 - $2,250
$2,251-$3,000$2,251 - $3,000
$3,001+$3,001+

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 4% in the last month and have increased by 3% 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 $1,375. A 1-bedroom apartment in New Hope, MN costs about $1,198 on average, while a 2-bedroom apartment is $1,400. Houses for rent in New Hope, MN are more expensive, with an average monthly cost of $1,995.

Comparables

1 bedroom

$1,198

2%

3%

2 bedroom

$1,405

No Change

No Change

3 bedroom

$1,750

2%

28%

4 bedroom

$2,600

35%

3%

Studio

$1,019

52%

10%

Studio

Average rent

$1,019

Last 30 days

52%

Last year

10%

1 bedroom

Average rent

$1,198

Last 30 days

2%

Last year

3%

2 bedroom

Average rent

$1,405

Last 30 days

No Change

Last year

No Change

3 bedroom

Average rent

$1,750

Last 30 days

2%

Last year

28%

4 bedroom

Average rent

$2,600

Last 30 days

35%

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.

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$1,405
decreased by26%

lower than the national median

Median rent price$2,695
increased by42%

higher than the national median

Takeaway

The median rent for all rentals in New Hope, MN is 48% 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
Nearby cities

Explore rent trends in other markets

Andover

$2,695

increased by34%

Last year

Champlin

$1,975

increased by10%

Last year

Chanhassen

$1,764

increased by3%

Last year

Chaska

$1,895

increased by4%

Last year

Crystal

$1,300

increased by8%

Last year

Mendota Heights

$1,914

increased by30%

Last year

Otsego

$1,920

decreased by16%

Last year

Robbinsdale

$1,767

increased by1%

Last year

Saint Michael

$1,911

increased by9%

Last year

Savage

$1,771

decreased by3%

Last year

Shakopee

$1,570

decreased by8%

Last year

Wayzata

$1,674

decreased by15%

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8324 29th Ave N, New Hope, MN 55427, USA
2720 Rosalyn Ct, New Hope, MN 55427, USA
2700 Rosalyn Ct, New Hope, MN 55427, USA
2710 Rosalyn Ct APT 102, New Hope, MN 55427, USA
7325 62nd Ave N, New Hope, MN 55428, USA
6007 W Broadway Ave, New Hope, MN 55428, USA
3552 Independence Ave N, New Hope, MN 55427, USA
5801 Ensign Ave N, New Hope, MN 55428, USA
5638 Winnetka Ave N, New Hope, MN 55428, USA
5425 Quebec Ave N, New Hope, MN 55428, USA
7904 51st Ave N, New Hope, MN 55428, USA
5530 Utah Ave N, New Hope, MN 55428, USA
5932 Ensign Avenue North, New Hope, MN 55428, USA
3630 Louisiana Ave N, New Hope, MN 55427, USA
5630 Winnetka Ave N, New Hope, MN 55428, USA
3439 Independence Avenue North, New Hope, MN 55427, USA
3216 Independence Ave N, New Hope, MN 55427, USA
2821 Flag Avenue North, New Hope, MN 55427, USA
4424 Cavell Avenue North, New Hope, MN 55428, USA
9443 Bass Creek Circle, New Hope, MN 55428, USA

Discover rentals in New Hope, MN

Eagle Crest Apartments - Photo 1 of 1

3d ago

8.3

Very good

Eagle Crest Apartments

4601 Independence Ave N, New Hope, MN 55428

1–3 beds

1 bath

$1,150–$1,995

Apartment for rent

Hidden Creek - Photo 1 of 1

21h ago

7.8

Very good

Hidden Creek

7104 36th Ave N, New Hope, MN 55427

2 beds

1 bath

$1,299

Apartment for rent

The Birchway Apartments - Photo 1 of 1

1d ago

8.4

Very good

The Birchway Apartments

5700 Winnetka Ave N, New Hope, MN 55428

2–3 beds

1 bath

$1,375–$1,795

Apartment for rent

Lincoln Manor - Photo 1 of 1

1d ago

8.8

Very good

Lincoln Manor

7319 62nd Ave N, New Hope, MN 55428

3 beds

1 bath

$1,625–$1,650

Apartment for rent