
Cheap Apartments for Rent in Chatham, VA from $695 (58 Rentals)
Search the lowest-cost Apartments available for rent right now in Chatham.


18853 US-29

381 Old Hickory Ln

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Willow Creek

Dillard School

Cardinal's Crest Apartments

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Forestside Apartments

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Highland Heights 138

74-78 Halifax Dr

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Timber East Apartments
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.

Beechwood

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Moss Creek Apartments

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Wesley Apartments - Senior Living Community

Hill Court Apartments

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1 Element

School Drive Apartments

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Lynn Street Lofts

Chief Tassel

Meadow Run

ONE Ellsworth
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.

Northpointe

Oakmont Apartments

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WillowBrook Luxury Apartments

Woodland Heights Apartments

River District Lofts

The Allure

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The Flora

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English Commons Apartments

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37 West Apartments

New Brick Historic Lofts
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.

City Place at Wyndhurst

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Ridge View Apartments

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Grand Vistas

Weddington Place

Liberty Manor Apartments

Westlake Apartment Homes

100 Marshall Way

Ray Commons

Daniel Hill Apartments

3701 US-29 BUS
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.

Fayette Street Lofts

224 The Blvd

175 Hamlin Ave

Ivy Ridge

837 Melrose Ave

1162 Piney Forest Rd

835 Glendale Ave

57 Fairfield Ave

3553 Reeves Mill Rd

121 Hamlin 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.
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 | $862 | $840 | $937 |
| Chatham 1 Bedroom Apartments | $1,156 | $736 | $1,732 |
| Chatham 2 Bedroom Apartments | $1,393 | $695 | $2,475 |
| Chatham 3 Bedroom Apartments | $1,580 | $991 | $2,260 |
| 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
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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 $736. Wesley Apartments - Senior Living Community in the Wyndhurst neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $840. 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 | $736 |
| Wesley Apartments - Senior Living Community | Studio w/o Ramp-Stair Access | Studio,1BA | $840 |
| Hill Court Apartments | 2 Bed 1 Bath | 2BR,1BA | $875 |
| School Drive Apartments | One Bedroom | 1BR,1BA | $921 |
| Lynn Street Lofts | 2BR/1.5BA | 2BR,1BA | $929 |
| Chief Tassel | One Bed - Unfurnished | 1BR,1BA | $945 |
| ONE Ellsworth | 1BR/1.0BA | 1BR,1BA | $1,000 |
| Oakmont Apartments | Upstairs 2 Bedroom/1.5 Bath | 2BR,1BA | $1,050 |
| The Allure | 1.1 | 1BR,1BA | $1,100 |
| River District Lofts | River District Lofts | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Chatham, VA and Nearby
As of August 22, 2026 the best value apartment in the Chatham area is the $1.05 price per square foot 3BR 2.5BA Model at 100 Independence Ln in the starting from $1,895. The second greatest value Chatham apartment is the 3 Bedroom - All Inclusive Model at The Reserve - All Inclusive Student Community starting at $775 with a $0.54 price per square foot in the Wyndhurst neighborhood. 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. |
|---|---|---|---|
| 100 Independence Ln | 3BR 2.5BA | 3BR,2.5BA | $1.05 |
| The Reserve - All Inclusive Student Community | 3 Bedroom - All Inclusive | 3BR,3.5BA | $0.54 |
| The Oasis (Student Housing) | 4 BR Semester Lease | 4BR,2BA | $0.67 |
| Ridge View Apartments | 3/2 50% AMI | 3BR,2BA | $0.90 |
| The Vue at Cornerstone (Student Housing) | 3BR 3BA | 3BR,3BA | $0.56 |
| Kendall Square | 2 Bed/ 2 Bath | 2BR,2BA | $1.00 |
| Lynn Street Lofts | 2BR/1.5BA | 2BR,1.5BA | $0.77 |
| Grand Vistas | Dogwood | 1BR,1BA | $1.04 |
| Oakmont Apartments | Downstairs 2 Bed/1.5 Bath | 2BR,1.5BA | $1.07 |
| Dillard School | 1 Bed, 1 bath | 1BR,1BA | $1.09 |
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 $736 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 $875 at Hill Court Apartments.
What is the most affordable Chatham Three Bedroom Apartment?
The best deal on a cheap Chatham Three Bedroom Apartment rental is at Lynn Street Lofts and starts from $991.
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.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.