New Hope, MN rental market
What is the average rent in New Hope, MN?
Last updated August 9, 2026
Rental market summary
The average rent for all bedrooms and all property types in New Hope, MN is $1,363.
Average rent
$1,363
Month-over-month change
-$33
Year-over-year change
+$52
Available rentals
42
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $860 to $3,200.
| Rent price | Number of rental properties |
|---|---|
| $900 | 2 |
| $1,000 | 4 |
| $1,100 | 3 |
| $1,200 | 9 |
| $1,300 | 11 |
| $1,400 | 5 |
| $1,500 | 2 |
| $1,600 | 2 |
| $1,700 | 1 |
| $1,800 | 1 |
| $2,000 | 1 |
| $2,700 | 1 |
| $2,800 | 1 |
| $2,900 | 1 |
| $3,000 | 1 |
| $3,100 | 3 |
| $3,200+ | 1 |
Average rent price over time
In the last year, rent has increased by $52 compared to the previous year.
| Last year (2025) | This year (2026) | |
|---|---|---|
| Jan | $1,350 | $1,299 |
| Feb | $1,310 | $1,382 |
| Mar | $1,306 | $1,299 |
| Apr | $1,375 | $1,419 |
| May | $1,399 | $1,315 |
| Jun | $1,329 | $1,354 |
| Jul | $1,349 | $1,384 |
| Aug | $1,351 | $1,350 |
| Sep | $1,299 | No data |
| Oct | $1,361 | No data |
| Nov | $1,334 | No data |
| Dec | $1,299 | No data |
Market temperature
The New Hope, MN rental market temperature is WARM. Market temperature is based on changes in renter demand compared to the national average. For example, a hot market has increasing demand.
Temperature is based on all bedrooms and all property types.
Compare average rent in markets
Rent in New Hope, MN is 32% lower than the national average.
$1,363
$2,004
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Frequently asked questions
1. What is the average rent in New Hope, MN?
2. What is the average rent for a studio apartment in New Hope, MN?
3. What is the average rent for a one-bedroom apartment in New Hope, MN?
4. What is the average rent for a two-bedroom apartment in New Hope, MN?
5. What is the average rent for a three-bedroom apartment in New Hope, MN?
6. What is the average rent for a four-bedroom apartment in New Hope, MN?
7. How much does it cost to rent a house in New Hope, MN?
8. How has the rent in New Hope, MN changed in the last year?
9. How much has the rent in New Hope, MN increased/decreased in the last month?
10. How many available rentals are there in New Hope, MN?
11. How do rent prices in New Hope, MN compare with the national average?
Nearby areas
Zip codes in New Hope, MN
