
Cheap Apartments for Rent in Drakes Branch, VA from $500 (62 Rentals)
Search the lowest-cost Apartments available for rent right now in Drakes Branch.


Miller's Rest Apartments

Elora Gardens Lynchburg

Cardinal's Crest Apartments

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Wesley Apartments - Senior Living Community

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Timber East Apartments

Beechwood

Ivy Ridge

Midtown on 12th

Church Street Townhomes
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.

500 Euclid Avenue

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1 Element

12th & Court Lofts

The Humbles Building

Mill's Crossing

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317 Grove Street

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Imperial Tobacco Lofts

Park Place Apartments

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WillowBrook Luxury Apartments

7 Hills Townhomes
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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The Westie

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English Commons Apartments

Piedmont Flour Mill Lofts

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The Gardens on Timberlake

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37 West Apartments

New Brick Historic Lofts

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Del Ray Townhomes

The Wayne

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Poplar Forest

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Legacy at Linden Park
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.

Gish Flats

The Royster

Town Center Apartments

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Grand Vistas

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Logans Landing

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Kendall Square

Parkside Grande at Cornerstone

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White Star Flats

Cornerstone Lofts

Cornerstone Columns
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.

Holland House

Mecklenburg Manor Apartments

534 Logan St

Midpoint Apartments

Lakeside Plaza Apartments

Midtown Lofts

3040 Campbell Ave

803 N Mecklenburg Ave

120 S Broad St

723 Jefferson Street
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.
Drakes Branch, VA Local Guide

How much does it cost to rent an apartment in Drakes Branch?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Drakes Branch Studio Apartments | $898 | $790 | $995 |
| Drakes Branch 1 Bedroom Apartments | $1,170 | $679 | $2,521 |
| Drakes Branch 2 Bedroom Apartments | $1,429 | $651 | $4,053 |
| Drakes Branch 3 Bedroom Apartments | $1,659 | $740 | $4,028 |
| Drakes Branch 4 Bedroom Apartments | $1,635 | $1,615 | $1,655 |
Browse Top Apartments in Drakes Branch
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Drakes Branch, VA Local Guide
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Cheapest Available Drakes Branch Apartments for Rent and Nearby
 The cheapest available apartment rental in Drakes Branch, VA is a 2 Beds unit found at Jobbers Overall in the Montview neighborhood priced from $651. Miller's Rest Apartments in the Wyndhurst neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $679. Here is today’s list of the most affordable Drakes Branch apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Jobbers Overall | 2 Bed | 2BR,2BA | $651 |
| Miller's Rest Apartments | Rhine | 1BR,1BA | $679 |
| Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $696 |
| Wesley Apartments - Senior Living Community | Studio (Stair Access) | Studio,1BA | $790 |
| Beechwood | 1 Bed/ 1 Bath | 1BR,1BA | $820 |
| Ivy Ridge | 2 BR | 2BR,1BA | $895 |
| Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $895 |
| Cardinal's Crest Apartments | 2 Bedroom | 2BR,1BA | $990 |
| 500 Euclid Avenue | 522 | 2BR,1BA | $995 |
| 12th & Court Lofts | 2nd Floor Studio | Studio,1BA | $995 |
Best Value Apartments for Rent in Drakes Branch, VA and Nearby
As of April 14, 2026 the best value apartment in the Drakes Branch area is the $0.81 price per square foot 2BR/2.0BA Model at River Lofts West in the in the College Hill neighborhood starting from $1,445. The second greatest value Drakes Branch 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 Drakes Branch apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| River Lofts West | 2BR/2.0BA | 2BR,2BA | $0.81 |
| The Reserve - All Inclusive Student Community | 3 Bedroom - All Inclusive | 3BR,3.5BA | $0.54 |
| Kendall Square | 3 Bed/ 2 Bath | 3BR,2BA | $1.01 |
| Cornerstone Lofts | 2 Bed 2 Bath | 2BR,2BA | $1.07 |
| Piedmont Flour Mill Lofts | One Bedroom | 1BR,1BA | $0.92 |
| Park Place Apartments | 3BR/2BA Renovated | 3BR,2BA | $1.16 |
| Grand Vistas | Dogwood | 1BR,1BA | $1.08 |
| Miller's Rest Apartments | Pritchell | 2BR,2BA | $0.85 |
| 317 Grove Street | 2 Bedroom 1 Bath - 48748 | 2BR,1BA | $1.07 |
| Jobbers Overall | 2 Bed | 2BR,2BA | $0.72 |
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.
Read ArticleDon'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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
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 Drakes Branch, VA Rentals by Map
See the most popular apartments and homes in Drakes Branch, VA
Frequently Asked Questions about Cheap Drakes Branch Apartments
How much is rent for a Cheap One Bedroom Drakes Branch Apartment?
The lowest price for a Cheap One Bedroom Drakes Branch Apartment is $679 at Miller's Rest Apartments.
What is the lowest price for a Cheap Two Bedroom Drakes Branch Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Drakes Branch is starting from $651 at Jobbers Overall.
What is the most affordable Drakes Branch Three Bedroom Apartment?
The best deal on a cheap Drakes Branch Three Bedroom Apartment rental is at Jobbers Overall and starts from $740.
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

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.

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.

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.