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Apartments for Rent in New Hope, AL

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What to Know About

Life in New Hope & Beyond

New Hope shares many of the great qualities that make Alabama a desirable place to live.

Alabama has enchanting small towns and breathtaking landscapes, where rolling hills and pristine Gulf Coast beaches beckon. Discover the state's rich heritage by visiting the Birmingham Civil Rights Institute and the Alabama Museum of Natural History, or attain a quality education at prestigious institutions such as the University of Alabama or Auburn University. In addition, industries such as manufacturing, agriculture, and aerospace also drive Alabama's economy.

Alabama boasts an impressive array of renowned attractions, including the exhilarating Civil Rights Trail, the legendary Robert Trent Jones Golf Trail, the formidable USS Alabama Battleship Memorial Park, and the historic town of Selma. Outdoor enthusiasts will be in paradise with many activities to choose from, including exploring the Gulf State Park or hiking the rugged mountains.

With its vibrant culture, thriving economy, and rich history, Alabama is perfect for those seeking a unique blend of urban and southern living. Be captivated by Alabama's charm, irresistible landscapes, and unparalleled quality of life. Alabama is a great place to live for those looking to experience the best of southern living.

Rental Market Trends

New Hope, AL

As of November 2026, New Hope's rental market is balanced, with rentals spending about 37 days on the market, slower than in Alabama (33), and rents down 5.7% over the past year. New Hope's average rent is 6.0% ($85) lower than the Alabama average of $1,419 and 34.5% ($702) lower than the U.S. average of $2,036.

Average Rent
$1,334
Monthly ChangeMonth Over Month Change
Decreased0.42% ($6)
Yearly ChangeYear Over Year Change
Decreased5.7% ($80)
Days on Market
37
Unit Type Average Rent Monthly ChangeMonth Over Month Change Yearly ChangeYear Over Year Change
1 Bed $732 Decreased0.66% ($5) Decreased4.5% ($34)
2 Beds $831 Decreased0.44% ($4) Decreased3.8% ($33)
3 Beds $1,358 Decreased0.42% ($6) Decreased4.3% ($61)
Nearby Cities Average Rent Avg. Rent vs. New HopeAverage Rent vs. New Hope Days on Market
Owens Cross Roads $1,769 Increased32.6% ($435) 35 days
Union Grove $1,383 Increased3.7% ($49) 33 days
Gurley $1,964 Increased47.2% ($630) 35 days
Brownsboro $1,587 Increased19.0% ($253) 34 days
Guntersville $1,546 Increased15.9% ($212) 34 days
Based on rentals advertised on RentalSource in and around New Hope.
Frequently Asked Questions
New Hope Rental Market FAQs

Explore rental prices, market conditions, and affordability in New Hope, AL.

The average rent in New Hope, AL is about $1,334 per month.
In New Hope, the average rent is about $732 per month for a 1-bedroom apartment, about $831 for a 2-bedroom apartment and about $1,358 for a 3-bedroom apartment.
The average rent in New Hope is 34.5% ($702) lower than the national average of $2,036 per month.
The rental market in New Hope, AL is currently balanced, with rentals spending about 37 days on the market, slower than in Alabama (33), and rents down 5.7% over the past year.
Based on the current averages, a household would need an annual income of about $33,200 to comfortably afford a 2-bedroom apartment in New Hope.
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