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

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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, December 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
Dec / 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

If you’re a fan of living big on a budget, reducing your ecological footprint, and are determined to find an efficiency apartment in New Hope, MN, we have great news: on RENTCafé you have 3 small apartment units to choose from in 3 different properties. You may be surprised to know that studio apartments come in a variety of shapes and types. Once you decide on what your must-haves are, you can choose the right studio. If you’ll want your kitchen in the main room, why not aim for the most affordable one room apartments you can find? If you pride yourself on being frugal and always bragging to your friends about the great discounts and sales you just discovered, then put those skills to good use in your search for your next apartment.

Top tip: an efficiency apartment can be comfortable

Efficiency apartments may have just one multi-functional room, but it can be pretty spacious. You can get creative with the space, combine furniture and accent design elements in a harmonious and practical way, and you will end up with a very comfortable apartment where you can relax and unwind. If you’re not on a tight budget, you should definitely check out some bachelor flats that have a separate kitchen. You wouldn’t believe the difference it makes. While they don’t cost an arm and a leg, they are typically more expensive than a normal single bedroom apartment, so it’s probably a good idea to aim for the higher end of the price range—the highest price for a studio in New Hope, MN is currently $895.