Cheap Apartments for Rent in Danville, VA from $500 (42 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Lifestyle Matching SearchDone
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

close
View Me
Highland Heights 138
Rent Specials
$695
Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695
2 Bedroom Apartments Contact Us For Availability

Highland Heights 138

138 Wesley DrDanville, VA 24540
Cost Per Sq.Ft.
  • Verified
  • Utilities Included
  • 3D Tour
property at 1104 Jamerson Rd N

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

2 Bedroom, 1 Bath Home for Rent

Available Now

1104 Jamerson Rd N

DanvilleVA24540
property at 1137 Paxton St

$850 - $900

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 Bedroom Rentals

Available Now

1137 Paxton St

DanvilleVA24541
close
View Me
Lynn Street Lofts
Rent Specials
$929 - $1,067
Total Monthly Price

Total Monthly Price

Base Rent
$929 - $1,067

Total Monthly Price
$929 - $1,067
2 to 3 Bedroom Apartments Available Now

Lynn Street Lofts

614 Lynn StDanville, VA 24541
Cost Per Sq.Ft.
  • Verified
  • Low Income
  • 3D Tour

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 119 Concord St

$950 - $1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom Rentals

Available Now

119 Concord St

DanvilleVA24541
property at 1108 N Main St

$1,100 - $1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 To 3 Bedroom Rentals

Available Now

1108 N Main St

DanvilleVA24540
property at 423 Chestnut St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

423 Chestnut St

DanvilleVA24541
close
View Me
Mt. Hermon Village
2 to 3 Bedroom Apartments

Mt. Hermon Village

3560-3566 Franklin TpkeDanville, VA 24540
  • Utilities Included

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.

close
View Me
Williamsburg Village
2 Bedroom Apartments

Williamsburg Village

343 Hermitage DrDanville, VA 24541
  • Utilities Included
property at 3701 US-29 BUS

$825

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

2 Bedroom, 1 Bath Home for Rent

Available Now

3701 US-29 BUS

DanvilleVA24540
property at 118 W Stephens St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 Bedroom, 1 Bath Home for Rent

Available Now

118 W Stephens St

DanvilleVA24541
close
View Me
Woodside Village
2 to 4 Bedroom Apartments

Woodside Village

1321 Piney Forest RdDanville, VA 24540
property at 124 Girard St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

124 Girard St

DanvilleVA24540

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.

property at 1455 Aspen St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

3 Bedroom, 1 Bath Home for Rent

Available Jun 1

1455 Aspen St

DanvilleVA24540
property at 835 Glendale Ave

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

3 Bedroom, 1 Bath Home for Rent

Available Now

835 Glendale Ave

DanvilleVA24540
property at 229 Alpine Dr

$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

229 Alpine Dr

DanvilleVA24540
close
View Me
58 West Apartments
2 Bedroom Apartments

58 West Apartments

12265 Martinsville HwyDanville, VA 24541
  • Utilities Included
property at 863 Stokes St

$1,050

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

2 Bedroom, 1 Bath Home for Rent

Available Now

863 Stokes St

DanvilleVA24541
close
View Me
Astor Arms
2 Bedroom Apartments

Astor Arms

240 Lady Astor PlDanville, VA 24541
  • Utilities Included
property at 713 Springfield Rd

$1,200

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 2 Bath Townhome for Rent

Available Now

713 Springfield Rd

DanvilleVA24540

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.

property at 216 Charlotte Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Now

216 Charlotte Ave

DanvilleVA24541
property at 121 Hamlin Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Home for Rent

Available Now

121 Hamlin Ave

DanvilleVA24540
property at 216 Locust Ln

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

4 Bedroom, 1 Bath Home for Rent

Available Now

216 Locust Ln

DanvilleVA24540
property at 615 Dumaine St

$850 - $995

1 To 2 Bedroom Rentals

Available Now

615 Dumaine St

EdenNC27288
property at 5109 Dry Fork Rd

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

5109 Dry Fork Rd

Dry ForkVA24549
property at 3553 Reeves Mill Rd

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

3553 Reeves Mill Rd

SutherlinVA24594

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.

Danville, VA Local Guide

Cheapest Available Danville Apartments for Rent

 

The cheapest available apartment rental in Danville, VA is a 2 Beds unit found at Willow Creek Apartments (201 Audubon Dr) priced from $695. Lewis Harold Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $775. Here is today’s list of the most affordable Danville apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Willow Creek Apartments (201 Audubon Dr)2BR/1.0BA2BR,1BA$695
Lewis Harold ApartmentsDuplex 2 BR 1 Bath2BR,1BA$775
Lynn Street Lofts2BR/2.0BA2BR,2BA$929
River District LoftsRiver District Lofts1BR,1BA$1,100
Dan River CrossingDRC - 11BR,1BA$1,100
Astor Arms2BR/2.0BA2BR,2BA$1,130
Dan River FallsF12BR,1BA$1,720

Best Value Apartments for Rent in Danville, VA

As of May 25, 2026 the best value apartment in the Danville area is the $1.37 price per square foot F4 Model at Dan River Falls in the starting from $1,775. The second greatest value Danville apartment is the 2BR/2.0BA Model at Dan River Crossing starting at $1,650 with a $1.28 price per square foot . Here is today’s list of the best values for Danville apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Dan River FallsF42BR,1BA$1.37
Dan River Crossing2BR/2.0BA2BR,2BA$1.28
Astor Arms2BR/2.0BA2BR,2BA$0.91
Lynn Street Lofts2BR/2.0BA2BR,2BA$0.77
The View at FranklinThe Brightleaf2BR,2BA$1.65
Lewis Harold ApartmentsDuplex 2 BR 1 Bath2BR,1BA$1.11
River District LoftsRiver District Lofts1BR,1BA$1.83

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 Article
Decorative image

Real 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 Article
Decorative image

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.

decorative image of people with a giant lease agreement

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

Explore Danville, VA Rentals by Map

View Map
Danville, VA Apartments Map
View Map
Danville, VA Rental Homes Map

Frequently Asked Questions about Cheap Danville Apartments

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

The lowest price for a Cheap One Bedroom Danville Apartment is $1,100 at Dan River Crossing.

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

Today's best deal for a Cheap Two Bedroom Apartment in Danville is starting from $695 at Willow Creek Apartments (201 Audubon Dr).

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 A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

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.

decorative image for Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts  article

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.

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.