Hope is an unincorporated community in Somerset Township, Steele County, Minnesota, United States.

The community is located between Ellendale and Owatonna near Interstate 35 and Steele County Road 4.

Nearby places include Ellendale, Owatonna, Blooming Prairie, and Bixby.

Hope had a depot on the Chicago, Rock Island and Pacific Railroad.

[4] This article about a location in Steele County, Minnesota is a stub.