Bedroom count

Property type

Last updated on January 29, 2026

Average rent in
New Hope, MN

Last updated on January 29, 2026

Last updated on January 29, 2026

Bedroom count

Property type

As of January 2026, the median rent for all bedroom counts and property types in New Hope, MN is $1,400. This is -26%, or $500, lower than the national average.

$1.57

average price per square foot

Median rent

$1,400

increased by5%
over the previous yearvs previous year

Total rentals

18

for rent on Zumper.com

As of January 2026, the median rent for all bedroom counts and property types in New Hope, MN is $1,400. This is -26%, or $500, lower than the national average.

$1.57

average price per square foot

Rent ranges

2%
70%
26%
2%
$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 increased by 6% in the last month and have increased by 5% 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 $1,385. A 1-bedroom apartment in New Hope, MN costs about $1,170 on average, while a 2-bedroom apartment is $1,402. Houses for rent in New Hope, MN are more expensive, with an average monthly cost of $2,300.

Comparables

1 bedroom

$1,162

1%

No Change

2 bedroom

$1,410

1%

3%

3 bedroom

$2,400

5%

49%

4 bedroom

$2,445

No Change

10%

Studio

$1,545

8%

19%

Studio

Average rent

$1,545

Last 30 days

8%

Last year

19%

1 bedroom

Average rent

$1,162

Last 30 days

1%

Last year

No Change

2 bedroom

Average rent

$1,410

Last 30 days

1%

Last year

3%

3 bedroom

Average rent

$2,400

Last 30 days

5%

Last year

49%

4 bedroom

Average rent

$2,445

Last year

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.

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$1,400
decreased by26%

lower than the national median

Median rent price$2,050
increased by8%

higher than the national median

Takeaway

The median rent for all rentals in New Hope, MN is 32% 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

$2,050

increased by15%

Last year

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decreased by1%

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$1,570

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$1,724

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$1,329

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$1,680

increased by4%

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Otsego

$1,850

decreased by30%

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Robbinsdale

$1,560

increased by3%

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$1,944

increased by20%

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$1,795

decreased by3%

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Shakopee

$1,641

increased by4%

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Wayzata

$2,009

decreased by58%

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Apartments for rent in Apple Valley

Discover rentals in New Hope, MN

The Birchway Apartments - Photo 1 of 1

1h ago

8.8

Very good

The Birchway Apartments

5700 Winnetka Ave N, New Hope, MN 55428

1–3 beds

1 bath

$1,170–$1,670

Apartment for rent

Hidden Creek - Photo 1 of 1

1d ago

7.8

Very good

Hidden Creek

7104 36th Ave N, New Hope, MN 55427

2 beds

1 bath

$1,199

Apartment for rent

Lincoln Manor - Photo 1 of 1

5d+ ago

8.8

Very good

Lincoln Manor

7319 62nd Ave N, New Hope, MN 55428

3 beds

1 bath

$1,625–$1,695

Apartment for rent

7333 62nd Ave N #7333 - Photo 1 of 1

5d+ ago

Apartment for rent in New Hope

Lincoln Manor - 7333

7333 62nd Ave N #7333, New Hope, MN 55428

3 beds

1 bath

$1,695

Apartment for rent

Available Feb 13