4

New Hope, MN Houses for Rent

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  • /17

    $2,700

    Total Monthly Price

    • 3 Beds
    • 1.5 Baths
    • 1,795 Sq Ft
    • House for Rent

    5900 Aquila Ave N, Minneapolis, MN 55428

    Lease this home and get more from Invitation Homes professional property management. This home comes fully loaded with quality amenities, must-have services, high-end tech and ProCare® professional maintenance. Your estimated total monthly payment is $2699.95. That covers your base rent, $2565.00 + our required services designed to make your life easier: Internet & Media ($85), Smart Home with

    (612) 268-6823

    5900 Aquila Ave N, Minneapolis, MN 55428
  • /15

    $2,986

    Total Monthly Price

    • 3 Beds
    • 2 Baths
    • 1,974 Sq Ft
    • House for Rent

    5530 Utah Ave N, New Hope, MN 55428

    This home is professionally managed by Tricon, dedicated to creating exceptional rental experiences. Featuring 3 bedrooms, 2.0 bathrooms, and approximately 1,974 square feet, this well-maintained home offers a high standard of rental living, supported by a team that puts residents first. As a Tricon resident, you'll enjoy access to Tricon Vantage — a program designed to support your rental

    (651) 382-2959

    5530 Utah Ave N, New Hope, MN 55428
  • /15

    $1,900

    Total Monthly Price

    • 3 Beds
    • 1 Bath
    • 1,400 Sq Ft
    • New Hope SidexSide, Walk out Deck, In Unit Laundry, 1 Car Garage

    8009 28th Ave N, Minneapolis, MN 55427

    This side by side Town home is in excellent condition and will be available for a July 10th move in. The home has a 1 Garage, walk out deck off the kitchen, extra storage in the back, and private laundry.Walking into the home you will find a den/bedroom, laundry room and storage with the garage entrance off the hallway. The garage is a 1-car garage, and the driveway can be used for

    8009 28th Ave N, Minneapolis, MN 55427
  • /32

    $3,150

    Total Monthly Price

    • 4 Beds
    • 3 Baths
    • 2,416 Sq Ft
    • Recently Remodeled 4 Bedroom Home

    7803 49th Ave N, Minneapolis, MN 55428

    Incredibly spacious 4 bedroom, 3 bathroom home in New Hope that was recently remodeled and features a large kitchen with quartz countertops, subway tile backsplash, and stainless steel appliances! This home also has new LVP flooring, new carpet, central air, main floor laundry, a bonus living room space, and an attached 2 car garage! All bedrooms are on the upper level. Enjoy sitting on the patio

    7803 49th Ave N, Minneapolis, MN 55428

Frequently Asked Questions

How much does it cost to rent a single-family home in New Hope, MN?
The median rent for a single-family home in New Hope, MN is $2,245 per month, though prices vary by neighborhood, size, and property type. As of June 2026, condos 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, MN?
To comfortably afford the median rent in New Hope, MN, a household needs to earn roughly $74,000 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 $1,850 per month in New Hope, MN, renters typically need to show $5,550 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 16.0, 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 single-family 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 single-family home include Folwell and Jordan, each with its own character and price range.

Rental Home Trends in New Hope, MN

Rental Home Trends

Number of Houses for Rent
4
Median Single Family Home Rent
$2,245
Median 3 Bedroom Single Family Home Rent
$2,233
Median 4 Bedroom Single Family Home Rent
$3,100
How to Rent a Home