Rent in New Hope, AL
A 2-bedroom in New Hope, AL (ZIP 35760) typically rents for about $743 a month, with a range of $743–$1,341. Owner-occupied homes in Madison County pay about 0.40% of their value a year in property tax, and the 30-year fixed mortgage rate averaged 7.32% in the week of Oct 22, 2026.
Rent by bedrooms
| Size | Typical | Range across ZIPs | ZIPs |
|---|---|---|---|
| Studio | $1,119 | $1,119 | 1 |
| 1 bed | $475 | $475–$1,177 | 1 |
| 2 beds | $743 | $743–$1,341 | 1 |
| 3 beds | $1,191 | $1,191–$1,735 | 1 |
| 4 beds | $2,241 | $2,241 | 1 |
Typical = median of each ZIP's best guess. Gross rent (rent plus tenant-paid utilities). Sources: Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).
New Hope ZIP codes
2 bedsFrequently asked questions
- What is the average rent for a 2-bedroom in New Hope, AL?
- About $743 a month: the median of the typical rents in 1 ZIP code, which range from $743–$1,341. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 1-bedroom in New Hope, AL?
- About $475 a month: the median of the typical rents in 1 ZIP code, which range from $475–$1,177. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 3-bedroom in New Hope, AL?
- About $1,191 a month: the median of the typical rents in 1 ZIP code, which range from $1,191–$1,735. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a studio in New Hope, AL?
- About $1,119 a month: the median of the typical rents in 1 ZIP code, which range from $1,119. Figures are gross rent (rent plus tenant-paid utilities).
- What is the average rent for a 4-bedroom in New Hope, AL?
- About $2,241 a month: the median of the typical rents in 1 ZIP code, which range from $2,241. Figures are gross rent (rent plus tenant-paid utilities).
- What is the property tax rate in New Hope, AL?
- Owner-occupied homes in Madison County pay a typical 0.40% of their value a year (Census ACS, median taxes paid ÷ median home value, Dec 31, 2024). Investors often pay more after a purchase: the home is reassessed at the sale price and there is no homestead exemption.
- What is the current 30-year mortgage rate?
- The 30-year fixed rate averaged 7.32% in the week of Oct 22, 2026 (Freddie Mac PMMS via FRED). It's a national average for owner-occupied loans; investment property loans usually cost more.
- Where do these New Hope rent figures come from?
- Census ACS 5-year median gross rent (Dec 31, 2024) and HUD county Fair Market Rents (Oct 1, 2026).