Cheap Homes for Rent in Drakes Branch, VA from $600 (10 Rentals)

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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.

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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.

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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 Elora Gardens Lynchburg in the Tate Springs neighborhood priced from $696. 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
Elora Gardens Lynchburg1 Bedroom Medium1BR,1BA$696
Cardinal's Crest Apartments1 Bedroom1BR,1BA$770
Miller's Rest ApartmentsPritchell2BR,2BA$803

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

As of May 31, 2025 the best value apartment in the Drakes Branch area is the $1.25 price per square foot 3 Bed/2 Bath Type 1 Model at Town Center Apartments in the in the College Hill neighborhood starting from $1,700. The second greatest value Drakes Branch apartment is the One Bedroom Model at Piedmont Flour Mill Lofts starting at $1,206 with a $1.01 price per square foot in the Tate Springs neighborhood. 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.
Town Center Apartments3 Bed/2 Bath Type 13BR,2BA$1.25
Piedmont Flour Mill LoftsOne Bedroom1BR,1BA$1.01
Pinewood Forest Apartments3/2 60% AMI3BR,2BA$1.14
Park Place Apartments3BR/2BA Renovated3BR,2BA$1.16
The Gardens on TimberlakeThe Magnolia with Den1BR,1BA$1.23
Miller's Rest ApartmentsPritchell2BR,2BA$0.85
Old Mill Townhomes2x1.52BR,1.5BA$1.38
Legacy at Linden ParkThe Hillsborough1BR,1BA$1.19
Midtown Lofts1 Bed 1 Bath1BR,1BA$1.19
Cardinal's Crest Apartments1 Bedroom1BR,1BA$1.26

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Frequently Asked Questions about Drakes Branch

What type of rentals are currently available in Drakes Branch?

There are currently 56 Apartments for Rent in Drakes Branch, VA with pricing that ranges from $600 to $4,616. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Drakes Branch ranging from $675 to $3,200.

What is the current price range for Rental Homes in Drakes Branch?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Drakes Branch ranges from $675 to $3,200 with an average monthly rent of $1,562.

How much are larger Three and Four Bedroom Rentals in Drakes Branch?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Drakes Branch range from $690 to $4,616, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,275 to $2,000. Four Bedroom Single-Family rentals are also available starting from $975 and Four Bedroom Apartments start at $1,590.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.