Cheap Apartments for Rent near Drakes Branch, VA from $500 (49 Rentals)

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

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Miller's Rest Apartments
$684 - $1,141
Total Monthly Price

Total Monthly Price

Base Rent
$679 - $1,136
Required Monthly Fees
$5

Total Monthly Price
$684 - $1,141
1 to 3 Bedroom Apartments Available Now

Miller's Rest Apartments

6125 Old Mill RdLynchburg, VA 24502
Affordability
  • Verified
  • Utilities Included
  • Low Income
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Timber East Apartments
$815 - $1,280
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$785 - $1,250
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 2 Bedroom Apartments Contact Us For Availability

Timber East Apartments

119 Shrader LnLynchburg, VA 24502
Affordability
  • Verified
  • Utilities Included
  • 3D Tour
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Jobbers Overall
$864 - $996
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$864 - $996

Total Monthly Price
$864 - $996
2 to 3 Bedroom Apartments Contact Us For Availability

Jobbers Overall

1501 Kemper StLynchburg, VA 24501
Affordability
  • Verified
  • Utilities Included

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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1 Element
$920 - $1,292
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$878 - $1,250
Required Monthly Fees
Varies

Total Monthly Price
Varies
Studio to 2 Bedroom Apartments Contact Us For Availability

1 Element

22 Apala CirLynchburg, VA 24502
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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Imperial Tobacco Lofts
$949
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850
Required Monthly Fees
$99

Total Monthly Price
$949
1 Bedroom Apartments Available Sep 8

Imperial Tobacco Lofts

1220 Commerce StLynchburg, VA 24504
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included

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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The Westie
Rent Specials
$1,060
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,025
Required Monthly Fees
$35

Total Monthly Price
$1,060
1 Bedroom Apartments Available Aug 4

The Westie

123 Phelps RdMadison Heights, VA 24572
  • Verified
  • Customer Reviewed
  • Smoke Free
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37 West Apartments
$1,125 - $1,555
Total Monthly Price

Total Monthly Price

Base Rent
$1,065 - $1,495
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Contact Us For Availability

37 West Apartments

27 Odara DrForest, VA 24551
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Factory 88
$1,150
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150
1 Bedroom Apartments Available Sep 16

Factory 88

320 12th StLynchburg, VA 24504
Pet Friendly
  • Verified
  • Utilities Included
  • Smoke Free
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The Gardens on Timberlake
$1,166 - $1,556
Total Monthly Price

Total Monthly Price

Base Rent
$1,160 - $1,550
Required Monthly Fees
Varies

Total Monthly Price
Varies
1 to 3 Bedroom Apartments Available Aug 15

The Gardens on Timberlake

240 Beverly HillsLynchburg, VA 24502
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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Poplar Forest
$1,178 - $2,583
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,178 - $2,583

Total Monthly Price
$1,178 - $2,583
1 to 3 Bedroom Apartments Available Now

Poplar Forest

900 Poplar Forest RdFarmville, VA 23901
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Holland House
1 to 2 Bedroom Apartments

Holland House

3710 Fort AveLynchburg, VA 24501
  • Utilities Included
property at 57 Torrence Ct

$695

Total Monthly Price

Total Monthly Price

Base Rent
$695

Total Monthly Price
$695

2 Bedroom, 1 Bath Home for Rent

Available Now

57 Torrence Ct

BrooknealVA24528
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River Lofts West
Studio to 2 Bedroom Apartments

River Lofts West

920-926 Commerce StLynchburg, VA 24504
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Ivy Ridge
2 to 3 Bedroom Apartments

Ivy Ridge

1609 McVeigh RdLynchburg, VA 24502
  • Utilities Included
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Midtown Lofts
1 to 2 Bedroom Apartments

Midtown Lofts

2734 Fort AveLynchburg, VA 24501
  • Utilities Included
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1701 12th Street
Studio to 1 Bedroom Apartments

1701 12th Street

1701 12th StLynchburg, VA 24501
  • Utilities Included

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 27 Bonnydale Ln

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

3 Bedroom, 1 Bath Home for Rent

Available Now

27 Bonnydale Ln

ConcordVA24538
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Midpoint
1 to 2 Bedroom Apartments

Midpoint

1101 Jefferson StLynchburg, VA 24504
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317 Grove Street
2 Bedroom Apartments

317 Grove Street

317 Grove StLynchburg, VA 24501
property at 534 Logan St

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

3 Bedroom, 2 Bath Condo for Rent

Available Now

534 Logan St

South BostonVA24592
property at 120 S Broad St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Condo for Rent

Available Aug 5

120 S Broad St

KenbridgeVA23944
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723 Jefferson Street
1 Bedroom Apartments

723 Jefferson Street

723 Jefferson StreetLynchburg, VA 24504
  • Utilities Included
property at 3553 Reeves Mill 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

3553 Reeves Mill Rd

SutherlinVA24594
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100 Horseford Rd
Studio to 2 Bedroom Apartments

100 Horseford Rd

100 Horseford RdLynchburg, VA 24504

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.

property at 1203 N Mecklenburg Ave

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

1 Bedroom, 1.5 Bath Home for Rent

Available Now

1203 N Mecklenburg Ave

La CrosseVA23950

Drakes Branch, VA Local Guide

Cheapest Available Drakes Branch Apartments for Rent and Nearby

 

The cheapest available apartment rental in Drakes Branch, VA is a 1 Bed unit found at Miller's Rest Apartments in the Wyndhurst neighborhood priced from $684. Cardinal's Crest Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $770. Here is today’s list of the most affordable Drakes Branch apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Miller's Rest ApartmentsRhine1BR,1BA$684
Cardinal's Crest Apartments1 Bedroom1BR,1BA$770
Wesley Apartments - Senior Living CommunityStudio (UFAS/Accesible)Studio,1BA$790
Daniel Hill Apartments2 Bed 1 Bath2BR,1BA$820
BeechwoodLarge 1 Bed/ 1 Bath1BR,1BA$845
Elora Gardens Lynchburg1 Bedroom1BR,1BA$854
500 Euclid Avenue5001BR,1BA$895
Church Street Townhomes2 Bedroom, 1 Bathroom2BR,1BA$995
Park Place Apartments2BR/2BA2BR,2BA$995
The WestieWestie 1B1BR,1BA$1,080

Best Value Apartments for Rent in Drakes Branch, VA and Nearby

As of July 21, 2026 the best value apartment in the Drakes Branch area is the $0.97 price per square foot 3 Bed/ 2 Bath Model at Kendall Square in the in the Wyndhurst neighborhood starting from $1,375. The second greatest value Drakes Branch apartment is the The Cumberland Model at Belmont Landing Apartments starting at $1,720 with a $1.22 price per square foot . Here is today’s list of the best values for Drakes Branch apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Kendall Square3 Bed/ 2 Bath3BR,2BA$0.97
Belmont Landing ApartmentsThe Cumberland2BR,2BA$1.22
WillowBrook Luxury ApartmentsPhase 2-Call for availability before applying4BR,2BA$1.15
Town Center Apartments3 Bed/2 Bath Type 13BR,2BA$1.22
Cornerstone Lofts2 Bed 2 Bath2BR,2BA$1.07
Park Place Apartments3BR/Den3BR,2BA$1.03
Grand VistasDogwood1BR,1BA$1.10
Parkside Grande at Cornerstone2BR2BR,2BA$1.22
Miller's Rest ApartmentsPritchell2BR,2BA$0.85
Daniel Hill Apartments2 Bed 1 Bath2BR,1BA$1.03

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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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.

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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!

Explore Drakes Branch, VA Rentals by Map

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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 $684 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 $808 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 Miller's Rest Apartments and starts from $930.

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

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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.

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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.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.