
Cheap Apartments for Rent near Draper, VA from $450 (43 Rentals)
Search the lowest-cost Apartments available for rent right now in Draper.


709/711 Giles

New River Gardens I

Total Monthly Price
The Grand at the Riverway

Ridgeview Apartments

Chasewood Apartments

Total Monthly Price
Pulaski Lofts

The Railwalk Apartments
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.

Fincastle Farms

Lantern Ridge Apartments

Shawnee Apartments

North View Apartments

Total Monthly Price
Apartment Heights

Total Monthly Price
Fieldstone Family

Total Monthly Price
Ridgewood Village

Total Monthly Price
The Hillside
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.

Forest Hills at Belview

852 Mercer St

Towne Center Apartments

Hillside Apartments

Birchwood Apartment Homes

208 Wharton St

1011-1013 Grove Ave

Red Coat Manor Apartments
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.

10 SW 1st St

Ridgewood Senior (55+)

3948 Morning Glory Dr

PCP Master Tenant, LLC. - Residential

1110 Calhoun St

2015 Union School Rd SW

108 S Franklin St

Terpence Apartments
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.

6663 Briarfield Ave

1125 College St

1145 College St

1105 College St

1115 College St

2913 Walls Branch Rd

2911 Walls Branch Rd

1400 Cedar Ridge Dr
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.

1300 Cedar Ridge Dr

129 Monroe St

575 Quesenberry St
Draper, VA Local Guide

How much does it cost to rent an apartment in Draper?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Draper Studio Apartments | $1,260 | $810 | $1,940 |
| Draper 1 Bedroom Apartments | $1,262 | $695 | $2,204 |
| Draper 2 Bedroom Apartments | $1,552 | $580 | $3,065 |
| Draper 3 Bedroom Apartments | $1,714 | $580 | $2,963 |
| Draper 4 Bedroom Apartments | $1,469 | $450 | $4,000 |
Browse Top Apartments in Draper
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Draper, VA Local Guide
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Cheapest Available Draper Apartments for Rent and Nearby
 The cheapest available apartment rental in Draper, VA is a 3 Beds unit found at Legacy on Main in the Downtown Blacksburg neighborhood priced from $660. 709/711 Giles in the Downtown Blacksburg neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $670. Here is today’s list of the most affordable Draper apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Legacy on Main | 3-Bedroom | 3BR,2BA | $660 |
| 709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $670 |
| Ridgeview Apartments | 0BR/1.0BA | Studio,1BA | $810 |
| Pulaski Lofts | Studios | Studio,1BA | $945 |
| The Grand at the Riverway | The Claytor | 1BR,1BA | $975 |
| Fincastle Farms | 2BD-2BTH | 2BR,2BA | $1,000 |
| Lantern Ridge Apartments | One Bedroom Units | 1BR,1BA | $1,024 |
| Chasewood Apartments | 1BR | 1BR,1BA | $1,080 |
| North View Apartments | Classic plus | 1BR,1BA | $1,099 |
| Apartment Heights | 1 Bedroom | 1BR,1BA | $1,130 |
Best Value Apartments for Rent in Draper, VA and Nearby
As of September 05, 2026 the best value apartment in the Draper area is the $0.31 price per square foot 105 Townhomes - Individual Bedroom Only Model at Scott's Run Apartments & Townhomes in the starting from $504. The second greatest value Draper apartment is the 4x4 + Model at Hub Blacksburg starting at $1,259 with a $0.81 price per square foot in the Downtown Blacksburg neighborhood. Here is today’s list of the best values for Draper apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Scott's Run Apartments & Townhomes | 105 Townhomes - Individual Bedroom Only | 3BR,2BA | $0.31 |
| Hub Blacksburg | 4x4 + | 4BR,4BA | $0.81 |
| Maple Ridge Townhomes | 4 Bedroom Luxury | 4BR,2BA | $0.63 |
| Clover Valley Phase II | 4BR/2.5BA | 4BR,2.5BA | $0.64 |
| Fincastle Farms | 3BD-2.5BTH | 3BR,2.5BA | $0.86 |
| Park37 | Walker Creek | 4BR,4BA | $0.67 |
| 131-133 E Main St | 4x2 Apartment | 4BR,2BA | $1.13 |
| Terrace View | 3x3 Tier 1 | 3BR,3BA | $0.95 |
| Ridgewood Place Family | The Willow (Family) | 2BR,2BA | $1.16 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1.06 |
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 Draper, VA Rentals by Map
See the most popular apartments and homes in Draper, VA
Frequently Asked Questions about Cheap Draper Apartments
What is the Cheapest Studio apartment in Draper?
Currently the most affordable Cheap Studio Apartment in Draper is at Ridgeview Apartments listed at $810.
How much is rent for a Cheap One Bedroom Draper Apartment?
The lowest price for a Cheap One Bedroom Draper Apartment is $975 at The Grand at the Riverway.
What is the lowest price for a Cheap Two Bedroom Draper Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Draper is starting from $1,000 at The Grand at the Riverway.
What is the most affordable Draper Three Bedroom Apartment?
The best deal on a cheap Draper Three Bedroom Apartment rental is at Legacy on Main and starts from $660.
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.