
Cheap Homes for Rent in Hope Valley, RI from $1,500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Hope Valley.


29 Summer St

23 Terrace Ave

225 High St

3865 Old Post Rd

50B Main St

125 Cedar Rd

67 Twin Peninsula Ave

50 Perkins Farm Dr
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Hope Valley, RI Local Guide

How much does it cost to rent a home in Hope Valley?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Hope Valley 2 Bedroom Homes for Rent | $3,291 | $1,500 | $9,000 |
Hope Valley 3 Bedroom Homes for Rent | $3,665 | $2,000 | $6,000 |
Hope Valley 4 Bedroom Homes for Rent | $4,920 | $3,500 | $6,000 |
Hope Valley 5 Bedroom Homes for Rent | $3,500 | $2,500 | $4,500 |
Browse Top Homes for Rent in Hope Valley
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Hope Valley, RI Local Guide
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Cheapest Available Hope Valley Apartments for Rent and Nearby
 The cheapest available apartment rental in Hope Valley, RI is a Studio unit found at Water Street Lofts in the Northeast New London Norwich neighborhood priced from $1,175. Walter Street Lofts in the Northeast New London Norwich neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $1,175. Here is today’s list of the most affordable Hope Valley apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Water Street Lofts | Studio | Studio,1BA | $1,175 |
Walter Street Lofts | Studio | Studio,1BA | $1,175 |
The Terraces Apartments | 1 Bedroom | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Hope Valley, RI and Nearby
As of April 18, 2025 the best value apartment in the Hope Valley area is the $1.47 price per square foot 3 Bed Model at Summitwoods Apartments in the in the Northeast New London Norwich neighborhood starting from $1,950. The second greatest value Hope Valley apartment is the Lily Model at Moosup Gardens Townhomes starting at $1,300 with a $1.22 price per square foot in the Central Village neighborhood. Here is today’s list of the best values for Hope Valley apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Summitwoods Apartments | 3 Bed | 3BR,2BA | $1.47 |
Moosup Gardens Townhomes | Lily | 2BR,1BA | $1.22 |
Arctic Mill Lofts | One-Bedroom | 1BR,1BA | $1.73 |
Thamesview Apartments | 2 Bedroom | 2BR,1BA | $1.83 |
Mohegan Commons Apartments | The Village - 3 Bedroom | 3BR,1.5BA | $1.47 |
Oak Tree Village | 2 Bedroom | 2BR,1BA | $1.71 |
The Terraces Apartments | 1 Bedroom | 1BR,1BA | $1.37 |
Tanglewood Village | 1 BR/1BA | 1BR,1BA | $2.09 |
Water Street Lofts | Studio | Studio ,1BA | $2.08 |
Walter Street Lofts | Studio | Studio ,1BA | $2.08 |
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Frequently Asked Questions about Hope Valley
What type of rentals are currently available in Hope Valley?
There are currently 38 Apartments for Rent in Hope Valley, RI with pricing that ranges from $1,107 to $11,602. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hope Valley ranging from $1,500 to $9,000.
What is the current price range for Rental Homes in Hope Valley?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Hope Valley ranges from $1,500 to $9,000 with an average monthly rent of $3,508.
How much are larger Three and Four Bedroom Rentals in Hope Valley?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Hope Valley range from $1,400 to $11,602, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,000 to $6,000. Four Bedroom Single-Family rentals are also available starting from $3,500 and Four Bedroom Apartments start at $2,950.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.