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New Hope, AL Homes for Rent

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    $2,300 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,350 Sq Ft
    • House for Rent

    2624 Excalibur Dr SE, Huntsville, AL 35803

    This beautiful 4 bedroom 3 bathroom tri-level house offers a substantial amount of living space. The super open floor plan gives you the opportunity to freely interact with family and friends. Need some alone time? Head on down to the Man/Woman/Kid cave or Upstairs to one of 4 bedrooms. The grand back patio offers even more space for relaxing with the family and friends. Come see your new home

    Ashley Grey ProData Real Estate, LLC

    2624 Excalibur Dr SE, Huntsville, AL 35803
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    $2,195 Per Month

    • 3 Beds
    • 2.5 Baths
    • 2,211 Sq Ft
    • House for Rent

    100 Grace Rdg Way, New Hope, AL 35760

    Empire Property Management Presents this charming 3-bedroom, 2.5-bathroom home in the desirable New Hope area. This lovely house features modern stainless appliances, expert finishes and sleek solid surface countertops. With high ceilings and an open floor plan, the living space feels bright and spacious. The 2-car attached garage provides ample parking and storage space. This home is too

    100 Grace Rdg Way, New Hope, AL 35760
  • /22

    $2,175 Per Month

    • 4 Beds
    • 3 Baths
    • 1,930 Sq Ft
    • House for Rent

    237 Brawley Dr, Owens Cross Roads, AL 35763

    Don't miss this 4-bedroom home sitting on 2.7 acres and located at the end of the road. This wonderful home has fresh paint, great laminate hardwoods, a cozy eat in kitchen area, a balcony on the second story, detached 2 car garage, a screened in back porch. All of the amenities with still only a short drive to shopping and parks like Hayes Nature Preserve and walking trails. What more could your

    Kimberley Wilkinson Elevation Real Estate LLC

    237 Brawley Dr, Owens Cross Roads, AL 35763
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    $1,603 Per Month

    • 4 Beds
    • 2.5 Baths
    • 2,775 Sq Ft
    • House for Rent

    201 Sedgewick Dr, Owens Cross Roads, AL 35763

    Spacious and thoughtfully designed, this 4-bedroom, 2.5-bath home offers over 2,700 square feet of comfortable living space with an open-concept layout filled with natural light and stylish modern flooring. The centrally located kitchen is the heart of the home, featuring generous counter space, abundant cabinetry, and included major appliances so you can cook, gather, and stay connected with

    201 Sedgewick Dr, Owens Cross Roads, AL 35763
  • /23

    $2,100 Per Month

    • 3 Beds
    • 2 Baths
    • 2,306 Sq Ft
    • House for Rent

    7467 Chaco St SE, Owens Cross Roads, AL 35763

    Welcome home to 7467 Chaco St SE! This beautifully maintained 3-bedroom, 2-bath home offers approximately 2,300 sq. ft. of comfortable living space with an open floor plan, cozy gas fireplace, upgraded kitchen, and versatile flex room. Enjoy beautiful mountain views, a large screened-in porch, and a peaceful backyard backing up to quiet land—offering a private feel that’s hard to find! Complete

    Taylor Wright RCPM

    7467 Chaco St SE, Owens Cross Roads, AL 35763
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    $1,895 Per Month

    • 4 Beds
    • 2 Baths
    • 2,033 Sq Ft
    • House for Rent

    243 Hope Ridge Dr, New Hope, AL 35760

    MOVE-IN SPECIAL! $500 off your first month's rent. Rent easily and live comfortably with ResiHome, a trusted leader in single-family home rentals. Professionally managed, pet-friendly, and resident-focused - renting the way it should be. Your 4-bedroom, 2-bath Copeland floor plan offers 2,033 square feet of bright, modern living in the Angela's Ridge community of New

    243 Hope Ridge Dr, New Hope, AL 35760
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    $1,799 Per Month

    • 3 Beds
    • 2.5 Baths
    • 1,594 Sq Ft
    • House for Rent

    126 Sedgewick Dr, Owens Cross Roads, AL 35763

    Available now- Clean 2 story home with EXPANDED PARKING PAD for up to 3 cars. HUGE FENCED IN Yard with a shed and outdoor entertainment area. Newer appliances and WASHER and DRYER included. 3 Bedrooms, 2.5 Bath, Laundry room, one car garage. Close to Huntsville, Redstone Arsenal, RTJ golf, and nature preserve.

    Matthew Dallow A.H. Sothebys Int. Realty

    126 Sedgewick Dr, Owens Cross Roads, AL 35763
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    $1,895 Per Month

    • 4 Beds
    • 2 Baths
    • 2,033 Sq Ft
    • House for Rent

    242 Hope Ridge Dr, New Hope, AL 35760

    MOVE-IN SPECIAL! $500 off your first month's rent. Rent easily and live comfortably with ResiHome, a trusted leader in single-family home rentals. Professionally managed, pet-friendly, and resident-focused - renting the way it should be. Your 4-bedroom, 2-bath Copeland floor plan offers 2,033 square feet of bright, modern living in the Angela's Ridge community of New

    242 Hope Ridge Dr, New Hope, AL 35760

Why Live in New Hope

New Hope, Alabama, is a small-town city characterized by a close-knit community where neighbors support each other. Located 20 miles from Huntsville, New Hope features rural landscapes with flat farmlands and spacious single-family homes. The area is seeing an increase in new construction subdivisions, with contemporary craftsman-style homes becoming more common. Older ranch-style homes from the mid-20th century are also prevalent, often situated on large lawns. The city offers limited shopping and dining options, with local favorites like Dot's Dairy Den and Galen's Restaurant serving classic Southern comfort food. The Piggly Wiggly-Ace Hardware is the main chain grocery store, while Jim's Grocery caters to those needing animal feed and sandwiches. New Hope High School, part of the Madison County School District, is highly rated and recognized as a Purple Star School, providing support programs for military families. Outdoor activities are abundant, with Civitan Park's castle-shaped playground, a community splash pad, and recreational leagues at the New Hope Recreation Center. Residents also enjoy fishing at Guntersville Lake and playing retro games at Rocket City Arcade & Classic Console. The annual Founder's Day Festival in October features corn-hole tournaments, chili cook-offs, a tractor show, and a community parade. Despite being prone to tornadoes, New Hope has added a safety shelter to enhance community protection.

Frequently Asked Questions

How much does it cost to rent a home in New Hope, AL?
The median rent for a home in New Hope, AL is $1,895 per month, though prices vary by neighborhood, size, and property type. As of September 2026, townhouses tend to be the most affordable option while single-family homes are currently more expensive.
How much do you need to make to afford rent in New Hope, AL?
To comfortably afford the median rent in New Hope, AL, a household needs to earn roughly $75,800 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,895 per month in New Hope, AL, renters typically need to show $5,685 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in New Hope, AL?
In New Hope, AL, the price-to-rent ratio is 12.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in New Hope, AL are best for renting a home?
The best neighborhood for renting in New Hope, AL depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Hampton Cove, Green Mountain, Weatherly Heights, Farley Community and Whitesburg, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
8
Median Rent
$1,895
Median Single Family Home Rent
$1,350
Median Townhouse Rent
$795
How to Rent a Home