The Hope Valley is a rural area centred on the village of Hope, Derbyshire in the Peak District in the northern Midlands of England.
The name also applies to the post town that includes the surrounding villages.
Although the Hope Valley appears to be a single valley, the name of the river changes several times. The head of the valley lies below Mam Tor at Castleton. From here, the Peakshole Water flows to Hope, where it enters the lower reaches of the River Noe, which has flowed from Edale. The Noe then flows to Bamford, where it enters the River Derwent which has travelled about ten miles from Bleaklow. The valley is now technically the Derwent Valley, but the term "Hope Valley" is still used as the Derwent flows through Hathersage and Grindleford. Other streams in the area include the Burbage Brook, which runs down from Burbage through Padley Gorge and into the River Derwent near Grindleford station.