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Studio Apartments for Rent in New Hope, MN - 3 Rentals available

  • Apartment in New Hope
    8100 Bass Lake Rd, New Hope, MN 55428
    • Studio-2 Beds
    • 1-2 Baths
    (763) 533-5097
  • Apartment in New Hope
    4301 Oregon Ave N, New Hope, MN 55428
    • Studio-3 Beds
    • 1-2 Baths
    Available Today!
    (763) 535-2800
  • Apartment in New Hope
    4309 Rhode Island Ave. N. #215, New Hope, MN 55428
    $895 - $1,050
    • Studio-2 Beds
    • 1 Baths
    Available Today!
    (763) 537-6369

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New Hope, MN Demographics

  • Total Population20,775
  • Female 10,005
    Male 10,770
  • Median Age38.7

Average Rent for Studios in New Hope, MN

  • The average rent for studios in New Hope, MN, September 2018$1,083/mo
  • Studio$1,016
  • 1 Bedroom$967
  • 2 Bedrooms$1,209

New Hope, MN Studios Rent Ranges

  • $501-$70014%
  • $701-$1,00014%
  • $1,001-$1,50071%

New Hope, MN Studios Rent Trends

Average Rent All rentals Studio 1 Bed 2 Beds 3 Beds
Sep / 2018 $1,083 $1,016
Jan / 2018 $1,083 $1,017
Sept / 2017 $1,058 $751
May / 2017 $1,046 $756
Jan / 2017 $1,004 $708
Sept / 2016 $964 $714
May / 2016 $967 $734
Jan / 2016 $936 $715
Sept / 2015 $920 $673
May / 2015 $905 $697

New Hope, MN Households

  • Total Number of Households8,265
  • Family 4,927
    Non-family 3,338
  • Children 2,584
    No Children 5,681
  • Average People Per Household2.41
  • Median Household Income$50,165
  • Median Housing Costs Per Month$958

New Hope, MN Education Statistics

  • No High School4%
  • Some High School32%
  • Some College24%
  • Associate Degree9%
  • Bachelor Degree23%
  • Graduate Degree8%

Renting a studio apartment in New Hope, MN

Finding an affordable home is definitely not an easy task nowadays, especially if you’re new to the market. When looking for a budget-friendly small apartment, you should decide on the non-negotiables and look for a home that meets your needs. On average, a studio apartment’s size in New Hope, MN is 805 Sqft, which is convenient for a young professional, recent graduate, student or for someone who prefers not to spend more than necessary on a monthly rent. A cheap studio can be rented starting from $895, so your next step is to make up your mind regarding the layout of your future nest: do you want a one room apartment, with kitchen in the main room, or a bachelor flat with a separate kitchen? Hard to decide.

The perks of renting an efficiency apartment

They say renting is like dating- you should not expect absolute perfection from a rental home, but you should love the things that make it uniquely yours. If you’re interested in an efficiency apartment in New Hope, MN, we are confident that you will find a great place that complements your lifestyle. Having a small apartment comes with a series of advantages that their larger companions lack. A studio apartment is easier to keep clean and it’s always less cluttered, because there is no room for unnecessary stuff. If single bedroom apartments and small apartments is what you’re after, you are more likely to afford living in the hip parts of the town, within walking or biking distance from entertainment and shopping. You will also notice significant savings year after year. Pick your price limit and square footage and browse through our 3 listings in New Hope, MN and we promise you won’t be disappointed.