
Cheap Apartments for Rent near Bishop, VA from $400 (44 Rentals)
Search the lowest-cost Apartments available for rent right now in Bishop.


Marion Manor

Twin Oaks Apartments

New River Gardens I

The Place at Slate Creek

231 S Heber St

Century Square Apartments

Total Monthly Price
The Grand at the Riverway
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

Chasewood Apartments

Total Monthly Price
Holston View

1309 E Main St

Total Monthly Price
Pulaski Lofts

Willow Run

Fincastle Farms

147 W Main St

Shelby Heights
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

The Railwalk Apartments

Heintz House

Forest Hills at Belview

305 Mercer St

852 Mercer St

Towne Center Apartments

Eagle Valley

Hillside Apartments
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

Pauli Heights

Gateway Apartments

Edwards Crossing I

Heritage House

Birchwood Apartment Homes

82 Beagle Club Rd

Crossroads Apartments

207 Burch St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

Piney Gardens

Red Coat Manor Apartments

184 Wyndale Dr

104 N 8th St

Roberts Village Apartments

Ridgewood Senior (55+)

2491 Wardell Rd

108 E Buck Ave
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

PCP Master Tenant, LLC. - Residential

335 Little Vine Dr

112 Breezemont Ln

807 S Oakwood Ave
Bishop, VA Local Guide

How much does it cost to rent an apartment in Bishop?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Bishop Studio Apartments | $1,124 | $830 | $1,691 |
| Bishop 1 Bedroom Apartments | $1,086 | $475 | $2,796 |
| Bishop 2 Bedroom Apartments | $1,362 | $505 | $3,400 |
| Bishop 3 Bedroom Apartments | $1,518 | $580 | $2,900 |
| Bishop 4 Bedroom Apartments | $1,340 | $450 | $2,993 |
Browse Top Apartments in Bishop
See all Apartments in BishopExplore Bishop
Bishop, VA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
Cheapest Available Bishop Apartments for Rent and Nearby
 The cheapest available apartment rental in Bishop, VA is a 1 Bed unit found at The Place at Slate Creek priced from $700. Century Square Apartments in the Outer Bristol neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $750. Here is today’s list of the most affordable Bishop apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| The Place at Slate Creek | One Bedroom | 1BR,1BA | $700 |
| Century Square Apartments | Century 1B 1B Large | 1BR,1BA | $750 |
| 231 S Heber St | APT 6 | 1BR,1BA | $750 |
| Marion Manor | 2 Bedroom 1 Bath | 2BR,1BA | $837 |
| 1309 E Main St | 1 Bedroom | 1BR,1BA | $900 |
| Holston View | 1 Bedroom 1 Bath | 1BR,1BA | $925 |
| Pulaski Lofts | Studios | Studio,1BA | $945 |
| The Grand at the Riverway | 1X1TH | 1BR,1BA | $975 |
| Fincastle Farms | 2BD-2BTH | 2BR,2BA | $1,000 |
| 147 W Main St | APT 8 | 2BR,1BA | $1,000 |
Best Value Apartments for Rent in Bishop, VA and Nearby
As of July 28, 2026 the best value apartment in the Bishop area is the $1.12 price per square foot 3 Bedroom Townhome with Main Level Garage Model at The Villas at Lavinder Lane in the in the Outer Bristol neighborhood starting from $1,619. The second greatest value Bishop apartment is the 3BD-2.5BTH Model at Fincastle Farms starting at $1,200 with a $0.86 price per square foot . Here is today’s list of the best values for Bishop apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Villas at Lavinder Lane | 3 Bedroom Townhome with Main Level Garage | 3BR,2.5BA | $1.12 |
| Fincastle Farms | 3BD-2.5BTH | 3BR,2.5BA | $0.86 |
| 131-133 E Main St | 4x2 Apartment | 4BR,2BA | $1.13 |
| 1200 Clement St | 4 Bed 2 Bath | 4BR,2BA | $1.20 |
| Shelby Heights | Three Bedroom | 3BR,2BA | $1.07 |
| Ridgewood Place Family | The Willow (Family) | 2BR,2BA | $1.16 |
| Marion Manor | 2 Bedroom 1 Bath | 2BR,1BA | $1.01 |
| Century Square Apartments | Century 1B 1B Large | 1BR,1BA | $1.13 |
| The Place at Slate Creek | One Bedroom | 1BR,1BA | $1.15 |
| 231 S Heber St | APT 2 | 1BR,1BA | $1.25 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Bishop, VA Rentals by Map
See the most popular apartments and homes in Bishop, VA
Frequently Asked Questions about Cheap Bishop Apartments
How much is rent for a Cheap One Bedroom Bishop Apartment?
The lowest price for a Cheap One Bedroom Bishop Apartment is $700 at The Place at Slate Creek.
What is the lowest price for a Cheap Two Bedroom Bishop Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Bishop is starting from $800 at The Place at Slate Creek.
What is the most affordable Bishop Three Bedroom Apartment?
The best deal on a cheap Bishop Three Bedroom Apartment rental is at Fincastle Farms and starts from $1,200.
Expert Rental Resources
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.
Articles, How-To's, and Tips

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.