1-Bedroom Apartment Rent in New Hope, MN
Median asking rent for a 1-bedroom apartment in New Hope, Minnesota as of July 2026. That's +13% lower than the citywide median of $1,442 and +10% below the national 1-bedroom median of $1,395.
Income needed for a 1-bedroom in New Hope
Using the standard 30% rent-to-income guideline (the threshold above which households are considered rent-burdened), here's what you need to earn to comfortably afford a 1-bedroom at the current median rent.
Rent by apartment size in New Hope
Compare New Hope's median rent across every apartment size.
Cheapest cities for a 1-bedroom in Minnesota
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Winona | $780 |
| 2 | Austin | $800 |
| 3 | Owatonna | $800 |
| 4 | Bemidji | $830 |
| 5 | Moorhead | $860 |
| 6 | Waite Park | $920 |
| 7 | Duluth | $972 |
| 8 | Anoka | $975 |
| 9 | Saint Cloud | $1,003 |
| 10 | Mankato | $1,030 |
| 11 | Rochester | $1,120 |
| 12 | Little Canada | $1,173 |
| 13 | Northfield | $1,200 |
| 14 | South Saint Paul | $1,200 |
| 15 | Saint Michael | $1,220 |
Most expensive cities for a 1-bedroom in Minnesota
| # | City | 1-Bedroom rent |
|---|---|---|
| 1 | Woodbury | $1,870 |
| 2 | Maple Grove | $1,805 |
| 3 | Eden Prairie | $1,775 |
| 4 | Lakeville | $1,750 |
| 5 | Cottage Grove | $1,750 |
| 6 | Edina | $1,723 |
| 7 | Blaine | $1,710 |
| 8 | Plymouth | $1,690 |
| 9 | Brooklyn Park | $1,690 |
| 10 | Savage | $1,660 |
| 11 | Rosemount | $1,660 |
| 12 | Minnetonka | $1,640 |
| 13 | Apple Valley | $1,570 |
| 14 | Saint Louis Park | $1,565 |
| 15 | Vadnais Heights | $1,560 |
Nearby cities — 1-bedroom rent
Considering nearby alternatives? 1 of these cities have cheaper 1-bedroom rents than New Hope.
| City | Distance | 1-Bedroom rent | vs New Hope |
|---|---|---|---|
| Robbinsdale, MN | 3.6 mi | $1,501 | +$251 (+20%) |
| Crystal, MN | 4 mi | $1,400 | +$150 (+12%) |
| Brooklyn Park, MN | 4.2 mi | $1,690 | +$440 (+35%) |
| Golden Valley, MN | 4.6 mi | $1,430 | +$180 (+14%) |
| Brooklyn Center, MN | 5.5 mi | $1,340 | +$90 (+7%) |
| Plymouth, MN | 5.9 mi | $1,690 | +$440 (+35%) |
| Maple Grove, MN | 7.2 mi | $1,805 | +$555 (+44%) |
| Champlin, MN | 7.6 mi | $1,540 | +$290 (+23%) |
| Saint Louis Park, MN | 7.7 mi | $1,565 | +$315 (+25%) |
| Columbia Heights, MN | 8.8 mi | $1,230 | $-20 (-2%) |
| Fridley, MN | 9.1 mi | $1,280 | +$30 (+2%) |
| Coon Rapids, MN | 9.4 mi | $1,505 | +$255 (+20%) |
1-Bedroom rent in New Hope — common questions
How much is a 1-bedroom apartment in New Hope?
As of July 2026, the median 1-bedroom apartment rent in New Hope, Minnesota is $1,250 per month. This is +13% below the citywide median of $1,442.
What income do you need to afford a 1-bedroom in New Hope?
Using the standard 30% rent-to-income rule, you would need an annual income of about $50,000 ($4,167/month gross), which works out to roughly $24.04/hour at a full-time job.
Is New Hope expensive for a 1-bedroom compared to the rest of the US?
New Hope's 1-bedroom median of $1,250 is +10% below the national 1-bedroom median of $1,395. It ranks in the 40th percentile of US cities tracked.
How does New Hope rank for 1-bedroom rent in Minnesota?
Among the 64 cities in Minnesota with 1-bedroom data, New Hope ranks #19 from cheapest to most expensive.
Are there cheaper 1-bedroom options near New Hope?
Yes — nearby cities with cheaper 1-bedroom rents include Columbia Heights ($1,230).