
Cheap Apartments for Rent near Drakes Branch, VA from $684 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in Drakes Branch.


Cardinal's Crest Apartments

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Charanne

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Timber East Apartments

500 Euclid Avenue

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Wesley Apartments - Senior Living Community

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Beechwood

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Elora Gardens Lynchburg

Church Street Townhomes

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1 Element
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.

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The Westie

The Wayne

12th & Court Lofts

Park Place Apartments

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Imperial Tobacco Lofts

Mill's Crossing

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WillowBrook Luxury Apartments

New Brick Historic Lofts

The Allure

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English Commons Apartments
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.

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Grand Vistas

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Factory 88

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37 West Apartments

7 Hills Townhomes

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Pinewood Forest Apartments

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The Gardens on Timberlake

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Legacy at Linden Park

Piedmont Flour Mill Lofts

Town Center Apartments

Holland House
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.

57 Torrence Ct

Mecklenburg Manor Apartments

27 Bonnydale Ln

47 Bonnydale Ln

15 Bonnydale Ln

Daniel Hill Apartments

Jobbers Overall

Ivy Ridge

Lakeside Plaza Apartments

Midtown Lofts
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.

1701 12th Street

317 Grove Street

534 Logan St

Virginia Laundry Lofts

723 Jefferson Street

14109 Red House Rd

Midpoint

White Star Flats

208 Front St

100 Horseford Rd
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.
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 | $947 | $840 | $1,095 |
| Drakes Branch 1 Bedroom Apartments | $1,155 | $684 | $2,200 |
| Drakes Branch 2 Bedroom Apartments | $1,423 | $795 | $3,585 |
| Drakes Branch 3 Bedroom Apartments | $1,674 | $1,135 | $3,800 |
| Drakes Branch 4 Bedroom Apartments | $2,216 | $1,615 | $2,350 |
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 Studio unit found at Wesley Apartments - Senior Living Community in the Wyndhurst neighborhood priced from $840. Elora Gardens Lynchburg in the Tate Springs neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $854. Here is today’s list of the most affordable Drakes Branch apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Wesley Apartments - Senior Living Community | Studio w/o Ramp-Stair Access | Studio,1BA | $840 |
| Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $854 |
| 1701 12th Street | 1701 12th Street - 301 | 1BR,1BA | $895 |
| The Westie | Westie 1B | 1BR,1BA | $940 |
| Miller's Rest Apartments | Proof -ADA | 2BR,2BA | $991 |
| Park Place Apartments | 2BR/2BA | 2BR,2BA | $995 |
| Church Street Townhomes | 2 Bedroom, 1 Bathroom | 2BR,1BA | $995 |
| Midpoint | 1BR/1.0BA | 1BR,1BA | $999 |
| 12th & Court Lofts | 1st Floor Studio | Studio,1BA | $1,095 |
| Mill's Crossing | 2 Bedroom | 2BR,2BA | $1,099 |
Best Value Apartments for Rent in Drakes Branch, VA and Nearby
As of September 05, 2026 the best value apartment in the Drakes Branch area is the $0.58 price per square foot 3 Bedroom - All Inclusive Model at The Reserve - All Inclusive Student Community in the in the Wyndhurst neighborhood starting from $825. The second greatest value Drakes Branch apartment is the 3 Bed/ 2 Bath Model at Kendall Square starting at $1,375 with a $0.97 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. |
|---|---|---|---|
| The Reserve - All Inclusive Student Community | 3 Bedroom - All Inclusive | 3BR,3.5BA | $0.58 |
| Kendall Square | 3 Bed/ 2 Bath | 3BR,2BA | $0.97 |
| Cornerstone Lofts | 2 Bed 2 Bath | 2BR,2BA | $1.04 |
| The Oasis (Student Housing) | 4 BR Semester Lease | 4BR,2BA | $0.83 |
| The Vue at Cornerstone (Student Housing) | 3BR 3BA | 3BR,3BA | $0.60 |
| Cornerstone Columns | 3 Bedroom | 3BR,2BA | $1.17 |
| Grand Vistas | Dogwood | 1BR,1BA | $1.01 |
| Mill's Crossing | 2 Bedroom | 2BR,2BA | $0.99 |
| Park Place Apartments | 2BR/2BA Renovated | 2BR,2BA | $1.13 |
| Miller's Rest Apartments | Pritchell | 2BR,2BA | $1.12 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
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
What is the Cheapest Studio apartment in Drakes Branch?
Currently the most affordable Cheap Studio Apartment in Drakes Branch is at Wesley Apartments - Senior Living Community listed at $840.
How much is rent for a Cheap One Bedroom Drakes Branch Apartment?
The lowest price for a Cheap One Bedroom Drakes Branch Apartment is $854 at Elora Gardens Lynchburg.
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 $991 at Miller's Rest Apartments.
What is the most affordable Drakes Branch Three Bedroom Apartment?
The best deal on a cheap Drakes Branch Three Bedroom Apartment rental is at Park Place Apartments and starts from $1,135.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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.