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Apartments for Rent in New Hope, MN
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Frequently Asked Questions

When were prices and availability in New Hope, MN last updated?

Prices and availability in New Hope, MN were last updated on 20 Oct 2021.

What are the best apartments in New Hope, MN?

The best apartments in New Hope, MN are: Pheasant Park Apartments, Burgundy And Hillsboro, Parkridge Way Apartments, Ironwood and New Hope Garden and Village.

What is the average rent in New Hope, MN?

The average rent in New Hope, MN is $1,245. Start your search for apartments in New Hope, MN now.

What is the price range for a studio apartment in New Hope, MN?

The price range for a studio apartment in New Hope, MN is between $1,080 and $3,245. View all studio apartments in New Hope, MN.

What is the price range for a 1-bedroom apartment in New Hope, MN?

The price range for a 1-bedroom apartment in New Hope, MN is between $937 and $1,515. Browse all available 1-bedroom apartments in New Hope, MN now.

What is the price range for a 2-bedroom apartment in New Hope, MN?

The price range for a 2-bedroom apartment in New Hope, MN is between $1,020 and $2,040. Browse and find a 2-bedroom apartment in New Hope, MN.

What is the price range for a 3-bedroom apartment in New Hope, MN?

The price range for a 3-bedroom apartment in New Hope, MN is between $1,080 and $3,245. Browse all available 3-bedroom apartments in New Hope, MN.

Renter’s Guide to New Hope, MN

The city of New Hope is located in Hennepin County, Minnesota. It’s a suburb of nearby Minneapolis and offers a mix of urban and suburban vibes. Parks and lakes can be found dotted throughout the city, ensuring there are plenty of green spaces for residents to enjoy. It’s popular with young families and retirees and ranks as the 9th most diverse suburb in Minnesota. It also ranks as the 32nd best suburb for young professionals, drawn in by affordable rents and house prices.

With a population of 20,909, New Hope is a mid-sized suburb that covers just 5.11 sq. miles, ensuring there’s plenty of space. It’s surrounded by a number of larger cities and suburbs, including Plymouth, Maple Grove, and Brooklyn Park, which all have at least 3 times the population of New Hope. However, neighboring Crystal is similarly sized in terms of both population and area. Compared to Minneapolis proper, New Hope is around 21 times smaller.

New Hope enjoys a convenient location, with downtown Minneapolis just 11 miles southeast of the City. Highway 169 runs north to south and forms the city’s western border, providing quick and easy access to travel in all directions. This highway connects to several interstates and freeways, such as interstate 94, which will take you the 60 miles northwest to St. Cloud in less than an hour.

New Hope enjoys all four seasons, and its climate is characterized by warm summers and cold winters, with stunning transitional seasons. July sees the hottest temperatures, with highs averaging out at around 84°F. January is the coldest month, with average lows of 7°F. You can expect around 32 inches of rainfall per year, most of which falls May through September, with June, July, and August seeing over 4 inches of rain each. Snowfall starts in November and continues until April, with an average annual snowfall of around 53 inches.

New Hope, MN Demographics

  • Total Population20,925
  • Female 9,892
    Male 11,033
  • Median Age39.4

Cost of Living in New Hope, MN

Public transit in New Hope is served by MetroTransit, which operates numerous bus routes throughout the city and beyond. Route 755 runs directly from the south of the city (Winnetka Ave & Medicine Lake Rd bus stop) to downtown Minneapolis. This hourly, weekday service runs throughout the day, with journey times of around 30 minutes in good traffic. A one-way fare is $2 outside of rush hour, and $2.50 during. Passes are available and if you work for a company that supports Metropass, you can enjoy unlimited travel on any route for just $83 per month.

If you own a private vehicle, you can expect to pay around $2.60 per gallon of gasoline, while taxis will generally start at around $5, plus $2.50 per mile. When eating out, you can expect to pay around $10 to $15 for a meal at an inexpensive restaurant, or $7 for a combo meal at a fast food joint. A 3-course meal for 2 at a mid-range restaurant can cost anywhere between $40 and $80, and you can expect to pay around $5 for a pint of beer, or $4 for a regular coffee.

Monthly utilities on a 915 sq. ft apartment average out at around $150, which includes the basics such as water, electricity, heating, cooling, and garbage disposal. If you wish to connect to the internet, it should be an extra $55 per month.

Average Rent in New Hope, MN

  • New Hope, MN Average Rental Price, October 2021 $1,245 /mo

New Hope, MN Apartment Rent Ranges

New Hope, MN Rent Trends

Average Rent Jul / 2018 Nov / 2018 Mar / 2019 Jul / 2019 Nov / 2019 Mar / 2020 Jul / 2020 Nov / 2020 Mar / 2021 Oct / 2021
New Hope, MN $1,083 $1,116 $1,152 $1,193 $1,175 $1,203 $1,200 $1,213 $1,204 $1,245
National $1,347 $1,356 $1,361 $1,393 $1,400 $1,402 $1,393 $1,397 $1,485 $1,510

Living in New Hope, MN

New Hope is generally considered a bedroom community, with many residents commuting to work in Minneapolis or the surrounding metropolitan area. As such, it offers a largely residential, suburban feel, with a small selection of urban amenities to keep you going. The city is home to several parks and green spaces, ensuring there’s plenty to keep you occupied.

A rather small city, you’ll find that most of what you need is a short walk away, as amenities and shopping centers are located in the center, north, and southern parts of town. Younger adults and teens might find the nightlife somewhat lacking, though more vibrant options are readily reached. Public transit is scarce outside of commute times, making it useful to own a private vehicle if you plan to get out of the city for the weekend.

Things to Do in New Hope, MN

With more than 20 parks dotted throughout the city, there are plenty of green spaces to enjoy and catch a breath of fresh air. Four-legged friends are well catered for, with numerous dog parks to be found around the city, including the impressive Lions Park, which also features a kids playground and picnic areas. Northwood Park is perhaps the largest, and features walking trails, a lake, and with a modern playground including climbing walls and zip lines, it’s a favorite with kids.

There are no sprawling malls within the city, but there are several places to find groceries, clothes, and all the basics you might need on a day-to-day basis. Such centers are dotted throughout the city, such as the Midland Center in the south, North Park Plaza in the center, as well as a wealth of small venues throughout the city. In the northern neighborhoods, the larger Crystal Shopping Center in neighboring Becker is a hit, home to a wealth of big brand stores, smaller boutiques, services, restaurants, and bars.

You’ll also find numerous restaurants and bars throughout New Hope, mostly located among shopping districts. There’s a mix of chains such as McDonalds, as well as classic Ma and Pa joints, such as the iconic Fat Nat’s Eggs, the ideal diner to grab a great breakfast or lunch. Movie buffs will love the Cinema Grill, a cosy movie theater showing first-runs and offering a great selection of beer, wine, and classic American eats.

Employment & Economy in New Hope, MN

With a median household income of $53,228, households in New Hope typically earn less than national, state, and county averages. Over 10,300 people are employed in New Hope, and the most common industry is health care and social assistance, which employs 15% of the workforce. Retail trade and manufacturing are the next 2 most common industries, while professional, scientific and technical services is the highest paid industry.

Over 14% of the workforce hold jobs in office and administrative support occupations, making it the most common job group, followed by management occupations, and sales and related roles. The highest paid residents in New Hope work in legal occupations.

New Hope, MN Households

  • Total Number of Households8,294
  • Family 5,188
    Non-family 3,106
  • Children 2,487
    No Children 5,807
  • Average People Per Household2.43
  • Median Household Income$60,675
  • Median Housing Costs Per Month$1,124

Education in New Hope, MN

The city of New Hope is served by the Robbinsdale Area School District, which operates 1 public high school and 3 elementary schools within the city. Robbinsdale Cooper Senior High School doesn’t rank as high as other schools in the area, but it does offer International Baccalaureate Middle Years and Diploma Programs. It also ranks as the 4th most diverse public high school in Minnesota.

Robbinsdale Spanish Immersion Elementary School is the top-rated elementary school in the city, with test scores generally above average, and it’s a great way for kids to soak up a second language. Sonnesyn Elementary School and Meadow Lake Elementary School are both rated average in terms of test scores and student progress.

While there are no institutes of higher education within the city, St. Cloud State University has a campus in neighboring Plymouth, while Minnesota International University has a campus in Brooklyn Park. Both are just outside of the city limits.

New Hope, MN Education Statistics

Tips for Renting in New Hope, MN

As a largely residential city, there are plenty of different options to choose from when it comes to selecting a place to rent. Much of the older part of the city around the center consists of older housing stock, mostly single family homes that date back to the ‘50s and ‘60s. While these won’t win many beauty contests, they’re generally extremely affordable, and offer plenty of space as well as a prime location.

Newer neighborhoods, particularly in the north and south of the city tend to offer more modern housing, including apartment complexes and townhouses. These range from luxury to basic, with amenities such as pools, private parks, and parking. If you own a private vehicle, covered parking is a good idea, since winters can be harsh. Many apartment complexes include standalone garages.

RENTCafé is your one-stop shop for finding a great new apartment in New Hope, MN. Easily search through a wide selection of apartments for rent in New Hope, MN, and view detailed information about available rentals including floor plans, pricing, photos, amenities, interactive maps, and thorough property descriptions. Property owners and managers are one click away, so feel free to contact them and find out all you need to know about the apartment you’re interested in. Browse New Hope, MN apartments with rents starting from $725 and submit your rental application today!

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