Studio Apartments for Rent in New Hope, MN

/59
Starting at $1,280

Total Monthly Price
- Studio - 2 Beds
8015 36th Ave N, New Hope, MN 55427

Platinum Service™ is our standard for delivering positive and enriching living environments in a caring and consistent manner. Living at one of our communities ensures that your experience will be defined by our commitment to Platinum Service. Your reasons for moving to New Hope and Royal Oaks will be many but it is the location that will drive your final decision to make our address your next

Royal Oaks Apartments

8015 36th Ave N, New Hope, MN 55427
Explore New Hope
/29
Starting at $910 Plus Fees
- Studio - 2 Beds
5601 Quebec Ave N, New Hope, MN 55428

At Bass Lake Crossing, you'll enjoy some of the largest apartment homes in the area—offering significantly more living space than many competing communities, without sacrificing comfort or convenience. Our exceptionally spacious and thoughtfully designed floor plans feature abundant storage, walk-in closets, and inviting sunken living rooms. Select third-floor homes include cozy wood-burning

Bass Lake Crossing

5601 Quebec Ave N, New Hope, MN 55428
/22
Starting at $1,027

Total Monthly Price
- Studio - 2 Beds
3501 Louisiana Ave N, Crystal, MN 55427

Welcome to Morada Apartments, where modern style meets luxury living.Discover fully renovated studio, one-, and two-bedroom apartment homes featuring spacious layouts, upscale finishes, and thoughtfully designed open-concept living. Inside each home, modern details elevate everyday comfort, while a collection of resort-style amenities—from fitness and relaxation to outdoor recreation—creates a

Morada

3501 Louisiana Ave N, Crystal, MN 55427
/24
Starting at $1,401

Total Monthly Price
- Studio - 2 Beds
9600-9630 37th Place N, Plymouth, MN 55441

If you're looking for a spacious apartment in a beautifully maintained community, Plymouth Pointe Apartments is the place for you. Situated in the thriving Minneapolis, MN suburb of Plymouth, this stunning property offers an effortless blend of tranquility and urban accessibility. We can't wait for you to see what we're all about.At Plymouth Pointe, you can choose from one of our one or

Plymouth Pointe

9600-9630 37th Place N, Plymouth, MN 55441

Minnesota Hennepin County

Why Live in New Hope

New Hope, Minnesota, is a first-ring suburb of Minneapolis with a population of approximately 22,000. Originally a farming community, it was incorporated as a city in 1953 and has since evolved into a bustling area supported by industries such as manufacturing, healthcare, and retail. The city features a mix of single-family homes, townhouses, and apartments, many of which are more affordable compared to neighboring suburbs like Plymouth and Maple Grove. The architecture primarily includes mid-20th-century ramblers and split-levels. New Hope is notable for its extensive outdoor spaces, with 18 parks spread over more than 200 acres, ensuring most homes are within walking distance to a park. Civic Center Park, located centrally, offers amenities such as an aquatic park, skate park, and various sports courts. The city's 42nd Avenue is a hub of activity, featuring shops, restaurants, cafes, and a bowling alley, with popular spots like Pub 42 and Hy-Vee grocery store. Residents benefit from express bus services to downtown Minneapolis and proximity to highways 169, 100, and 55. The nearest airport, Minneapolis-Saint Paul International Airport, is 23 miles away. The Robbinsdale Area School District serves New Hope, earning high marks for diversity. Crime rates in New Hope are on par with the national average. Summers are hot and humid, while winters are extremely cold and snowy, with subzero temperatures and an average of 60 inches of snow per winter.

Learn more about living in New Hope

Frequently Asked Questions

How much does it cost to rent a home in New Hope, MN?

The median rent for a home in New Hope, MN is $1,649 per month, though prices vary by neighborhood, size, and property type. As of August 2026, condos tend to be the most affordable option while single-family homes and townhouses are currently more expensive.

How much do you need to make to afford rent in New Hope, MN?

To comfortably afford the median rent in New Hope, MN, a household needs to earn roughly $65,960 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 $1,649 per month in New Hope, MN, renters typically need to show $4,947 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, MN?

In New Hope, MN, the price-to-rent ratio is 18.3, 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, MN are best for renting a home?

The best neighborhood for renting in New Hope, MN depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Blackstone and North Loop, each with its own character and price range.

Rental Trends in New Hope, MN

There are currently 4 homes available for rent in New Hope, MN. The median rent is $1,649 per month, with single-family homes renting at $2,223, townhouses at $2,750 and condos at $1,600.

Rental Home Trends

Number of Homes for Rent 4	Median Rent $1,649
Median Single Family Home Rent $2,223	Median Townhouse Rent $2,750
Median Condo Rent $1,600

How to Rent a Home

Rentals in New Hope

Homes for Rent by Bedrooms in New Hope

Rentals by Price in New Hope

More About Living in New Hope

Homes for Rent in Nearby Neighborhoods

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