Cheap Apartments for Rent in Collinsville, VA from $500 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in Collinsville.

property at 315 Spring Dr

$795

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

2 Bedroom, 1 Bath Home for Rent

Available Now

315 Spring Dr

CollinsvilleVA24078
property at 917 Askin St

$760

Total Monthly Price

Total Monthly Price

Base Rent
$760

Total Monthly Price
$760

1 Bedroom, 1 Bath Home for Rent

Available Now

917 Askin St

MartinsvilleVA24112
property at 156 Idlewild Dr

$795

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$795

Total Monthly Price
$795

2 Bedroom, 1 Bath Home for Rent

Available Now

156 Idlewild Dr

FieldaleVA24089

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.

property at 50 Church St E

$945

Total Monthly Price

Total Monthly Price

Base Rent
$945

Total Monthly Price
$945

1 Bedroom, 1 Bath Home for Rent

Available Now

50 Church St E

MartinsvilleVA24112
property at 51 Church St E

$945

Total Monthly Price

Total Monthly Price

Base Rent
$945

Total Monthly Price
$945

1 Bedroom, 1 Bath Home for Rent

Available Now

51 Church St E

MartinsvilleVA24112

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.

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Maplewood Apartments
1 to 3 Bedroom Apartments

Maplewood Apartments

1446 Fayette StMartinsville, VA 24112
  • Utilities Included
property at 8 Circle Dr

$700

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

2 Bedroom, 1 Bath Home for Rent

Available Now

8 Circle Dr

MartinsvilleVA24112
property at 6 Circle Dr

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

2 Bedroom, 1 Bath Home for Rent

Available Now

6 Circle Dr

MartinsvilleVA24112
property at 10 Circle Dr

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

2 Bedroom, 1 Bath Home for Rent

Available Now

10 Circle Dr

MartinsvilleVA24112
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2001 Lynn Ave
1 to 2 Bedroom Apartments

2001 Lynn Ave

2001 Lynn Ave SWRoanoke, VA 24014
  • Utilities Included
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Ray Commons
Studio to 2 Bedroom Apartments

Ray Commons

625 Washington StEden, NC 27288
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Fayette Street Lofts
1 Bedroom Apartments

Fayette Street Lofts

62 Fayette StreetMartinsville, VA 24112
Corporate Housing

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.

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The Everett
1 to 3 Bedroom Apartments

The Everett

4301 Garst Mill RdRoanoke, VA 24018
  • Utilities Included
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224 The Blvd
1 Bedroom Apartments

224 The Blvd

224 The BlvdEden, NC 27288
Corporate Housing
  • Utilities Included
property at 45 Woodcott Rd

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

45 Woodcott Rd

FerrumVA24088
property at 7 Chestnut St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

7 Chestnut St

FieldaleVA24089
property at 29 Dunlap St

$850

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

3 Bedroom, 2 Bath Home for Rent

Available Apr 17

29 Dunlap St

MartinsvilleVA24112
property at 705 4th St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

705 4th St

MartinsvilleVA24112
property at 808 D St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

808 D St

MartinsvilleVA24112
property at 615 Dumaine St

$850 - $1,050

1 To 2 Bedroom Rentals

Available Now

615 Dumaine St

EdenNC27288
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Phoenix Cinder
1 to 2 Bedroom Apartments

Phoenix Cinder

4501 NC Hwy 704Madison, NC 27025

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.

property at 85 Wilson St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

85 Wilson St

Rocky MountVA24151
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115 Elm Ave SW
1 to 2 Bedroom Apartments

115 Elm Ave SW

115 Elm Ave SWRoanoke, VA 24016
  • Utilities Included
property at 2280 Oak Level Rd

$1,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

2280 Oak Level Rd

BassettVA24055
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58 West Apartments
2 Bedroom Apartments

58 West Apartments

12265 Martinsville HwyDanville, VA 24541
  • Utilities Included
property at 5109 Dry Fork Rd

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

5109 Dry Fork Rd

Dry ForkVA24549
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301 Gilmer Ave
Studio to 2 Bedroom Apartments

301 Gilmer Ave

301 Gilmer AveRoanoke, VA 24016

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Collinsville, VA Local Guide

Cheapest Available Collinsville Apartments for Rent and Nearby

 

The cheapest available apartment rental in Collinsville, VA is a 1 Bed unit found at 100 Marshall Way priced from $795. 74-78 Halifax Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Collinsville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
100 Marshall Way1 Bedroom1BR,1BA$795
74-78 Halifax Dr1Br/1Ba1BR,1BA$800
Cedar Green1BR / 1BA1BR,1BA$850
The Everett1 Bed, 1 Bath A Income-Restricted1BR,1BA$850
Meadow Run2 Bed 1.5 Bath2BR,1BA$850
Hill Court Apartments2 Bed 1 Bath2BR,1BA$875
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$895
Chief TasselOne Bed - Unfurnished1BR,1BA$945
Stone Ridge Apartments1BR/1.0BA1BR,1BA$945
Phoenix Cinder1bd ADA1BR,1BA$949

Best Value Apartments for Rent in Collinsville, VA and Nearby

As of April 14, 2026 the best value apartment in the Collinsville area is the $1.28 price per square foot 2BR/2.0BA Model at Dan River Crossing in the starting from $1,650. The second greatest value Collinsville apartment is the 2 Bed 1.5 Bath Model at Meadow Run starting at $850 with a $0.71 price per square foot in the Upper Martinsville neighborhood. Here is today’s list of the best values for Collinsville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Dan River Crossing2BR/2.0BA2BR,2BA$1.28
Meadow Run2 Bed 1.5 Bath2BR,1.5BA$0.71
Oak Grove VillageBulk market rent2BR,1.5BA$1.16
Oakmont ApartmentsDownstairs 2 Bed/1.5 Bath2BR,1.5BA$1.07
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.28
100 Marshall Way1 Bedroom1BR,1BA$0.88
Northpointe22BR,1.5BA$1.13
Phoenix Cinder1bd ADA1BR,1BA$1.27
Cedar Green1BR / 1BA1BR,1BA$1.21
74-78 Halifax Dr1Br/1Ba1BR,1BA$1.23

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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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.

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Quick 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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Collinsville Apartments

How much is rent for a Cheap One Bedroom Collinsville Apartment?

The lowest price for a Cheap One Bedroom Collinsville Apartment is $795 at 100 Marshall Way.

What is the lowest price for a Cheap Two Bedroom Collinsville Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Collinsville is starting from $850 at Meadow Run.

What is the most affordable Collinsville Three Bedroom Apartment?

The best deal on a cheap Collinsville 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

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.