New Hope, MN rental market
Last updated August 29, 2025
Rental market summary
The average rent for all bedrooms and all property types in New Hope, MN is $1,310.
$1,310
-$40
+$34
35
Source: Zillow Rentals data
Rental price range
The price range for all bedrooms and all property types is $860 to $3,295.
| Rent price | Number of rental properties |
|---|---|
| $900 | 1 |
| $1,100 | 9 |
| $1,200 | 8 |
| $1,300 | 5 |
| $1,400 | 6 |
| $1,700 | 2 |
| $1,900 | 1 |
| $2,400 | 2 |
| $2,500 | 1 |
| $2,600 | 1 |
| $2,700 | 1 |
| $3,200+ | 1 |
Average rent price over time
In the last year, rent has increased by $34 compared to the previous year.
| Last year (2024) | This year (2025) | |
|---|---|---|
| Jan | $1,365 | $1,350 |
| Feb | $1,356 | $1,310 |
| Mar | $1,362 | $1,306 |
| Apr | $1,333 | $1,375 |
| May | $1,595 | $1,399 |
| Jun | $1,495 | $1,329 |
| Jul | $1,418 | $1,349 |
| Aug | $1,468 | $1,351 |
| Sep | $1,273 | No data |
| Oct | $1,340 | No data |
| Nov | $1,383 | No data |
| Dec | $1,350 | 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 38% lower than the national average.
$1,310
$2,100
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Frequently asked questions
1. What is the average rent in New Hope, MN?
The average rent in New Hope, MN is $1,310.
2. How much does it cost to rent a house in New Hope, MN?
Houses in New Hope, MN rent between $860 - $3,295 with an average rent of $1,310.
3. How has the rent in New Hope, MN changed in the last year?
In the last year, the rent in New Hope, MN increased by $34
4. How much has the rent in New Hope, MN increased/decreased in the last month?
In the last month, the rent in New Hope, MN decreased by $40
5. How many available rentals are there in New Hope, MN?
There are currently 35 rentals available in New Hope, MN.
6. How do rent prices in New Hope, MN compare with the national average?
The average rent in New Hope, MN is $1,310 — 37.62% lower the national average of $2,100.