
Cheap Apartments for Rent in Chatham, VA from $500 (46 Rentals)
Search the lowest-cost Apartments available for rent right now in Chatham.


Dillard School

Total Monthly Price
Highland Heights 138

Total Monthly Price
Willow Creek Apartments (201 Audubon Dr)

Cardinal's Crest Apartments

Total Monthly Price
Forestside Apartments

Total Monthly Price
Wesley Apartments - Senior Living Community

100 Marshall Way

74-78 Halifax Dr
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.

Total Monthly Price
Timber East Apartments

Beechwood

Northpointe

Total Monthly Price
44 Moss Creek Apartments

Hill Court Apartments

Meadow Run

Total Monthly Price
1 Element

Total Monthly Price
Lynn Street Lofts

Chief Tassel
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.

Oakmont Apartments

Total Monthly Price
WillowBrook Luxury Apartments

Total Monthly Price
English Commons Apartments

Total Monthly Price
The Flora

Woodland Heights Apartments

Dan River Crossing

River District Lofts

10 Circle Dr

6 Circle Dr
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

8 Circle Dr

823 Main St

400-402 Amherst Ave

Ray Commons

3701 US-29 BUS

Fayette Street Lofts

224 The Blvd

118 W Stephens St

Ivy Ridge
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

124 Girard St

School Drive Apartments

5109 Dry Fork Rd

1455 Aspen St

835 Glendale Ave

58 West Apartments

229 Alpine Dr

863 Stokes St

3553 Reeves Mill Rd
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

671 Park Ave
Chatham, VA Local Guide

How much does it cost to rent an apartment in Chatham?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Chatham Studio Apartments | $859 | $790 | $937 |
| Chatham 1 Bedroom Apartments | $1,175 | $533 | $1,733 |
| Chatham 2 Bedroom Apartments | $1,349 | $695 | $2,475 |
| Chatham 3 Bedroom Apartments | $1,539 | $999 | $2,475 |
| Chatham 4 Bedroom Apartments | $1,635 | $1,615 | $1,655 |
Browse Top Apartments in Chatham
See all Apartments in ChathamExplore Chatham
Chatham, VA Local Guide
- Nearby Cities
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Cheapest Available Chatham Apartments for Rent and Nearby
 The cheapest available apartment rental in Chatham, VA is a 1 Bed unit found at Dillard School priced from $533. Highland Heights 138 has the second lowest priced unit, which is a 2 Beds apartment currently listed from $695. Here is today’s list of the most affordable Chatham apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $533 |
| Highland Heights 138 | 2BR/1.0BA | 2BR,1BA | $695 |
| Willow Creek Apartments (201 Audubon Dr) | 2BR/1.0BA | 2BR,1BA | $695 |
| Wesley Apartments - Senior Living Community | Studio (Stair Access) | Studio,1BA | $790 |
| 100 Marshall Way | 1 Bedroom | 1BR,1BA | $795 |
| 74-78 Halifax Dr | 1Br/1Ba | 1BR,1BA | $800 |
| Beechwood | 1 Bed/ 1 Bath | 1BR,1BA | $820 |
| 44 Moss Creek Apartments | 2BR/1.0BA | 2BR,1BA | $825 |
| Hill Court Apartments | 2 Bed 1 Bath | 2BR,1BA | $875 |
| Meadow Run | 2 Bed 1.5 Bath | 2BR,1BA | $900 |
Best Value Apartments for Rent in Chatham, VA and Nearby
As of May 20, 2026 the best value apartment in the Chatham area is the $1.01 price per square foot 3 Bed/ 2 Bath Model at Kendall Square in the in the Wyndhurst neighborhood starting from $1,430. The second greatest value Chatham apartment is the 2BR/2.0BA Model at Lynn Street Lofts starting at $929 with a $0.77 price per square foot . Here is today’s list of the best values for Chatham apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kendall Square | 3 Bed/ 2 Bath | 3BR,2BA | $1.01 |
| Lynn Street Lofts | 2BR/2.0BA | 2BR,2BA | $0.77 |
| Meadow Run | 2 Bed 1.5 Bath | 2BR,1.5BA | $0.75 |
| Parkside Grande at Cornerstone | 3BR | 3BR,2BA | $1.14 |
| Grand Vistas | Dogwood | 1BR,1BA | $1.10 |
| Highland Heights 138 | 2BR/1.0BA | 2BR,1BA | $0.69 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.07 |
| 100 Marshall Way | 1 Bedroom | 1BR,1BA | $0.88 |
| 44 Moss Creek Apartments | 2BR/1.0BA | 2BR,1BA | $0.97 |
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $0.79 |
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.
Best Local Schools in Chatham, VA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Chatham, VA Rentals by Map
See the most popular apartments and homes in Chatham, VA
Frequently Asked Questions about Cheap Chatham Apartments
How much is rent for a Cheap One Bedroom Chatham Apartment?
The lowest price for a Cheap One Bedroom Chatham Apartment is $533 at Dillard School.
What is the lowest price for a Cheap Two Bedroom Chatham Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Chatham is starting from $695 at Highland Heights 138.
What is the most affordable Chatham Three Bedroom Apartment?
The best deal on a cheap Chatham Three Bedroom Apartment rental is at Hill Court Apartments and starts from $999.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.