Cheap Homes for Rent in Hope Valley, RI from $1,500 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in Hope Valley.

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

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 ListingModel NameBed/BathPriced From
Water Street LoftsStudioStudio,1BA$1,175
Walter Street LoftsStudioStudio,1BA$1,175
The Terraces Apartments1 Bedroom1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Summitwoods Apartments3 Bed3BR,2BA$1.47
Moosup Gardens TownhomesLily2BR,1BA$1.22
Arctic Mill LoftsOne-Bedroom1BR,1BA$1.73
Thamesview Apartments2 Bedroom2BR,1BA$1.83
Mohegan Commons ApartmentsThe Village - 3 Bedroom3BR,1.5BA$1.47
Oak Tree Village2 Bedroom2BR,1BA$1.71
The Terraces Apartments1 Bedroom1BR,1BA$1.37
Tanglewood Village1 BR/1BA1BR,1BA$2.09
Water Street LoftsStudioStudio ,1BA$2.08
Walter Street LoftsStudioStudio ,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.

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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.

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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.

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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.

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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.