
Cheap Apartments for Rent in Draper, VA from $400 (50 Rentals)
Search the lowest-cost Apartments available for rent right now in Draper.


New River Gardens I

Ridgeview Apartments

Chasewood Apartments

Hearthstone

Total Monthly Price
Pulaski Lofts

The Railwalk Apartments

Fincastle Farms

Lantern Ridge Apartments

North View 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.

Shawnee Apartments

Total Monthly Price
Apartment Heights

Total Monthly Price
Fieldstone Family

Total Monthly Price
The Hillside

Windsor Hills Apartments

Total Monthly Price
Salem Wood Apartments

Hub Blacksburg

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Ridgewood Village

Cedarfield Apartments

Spencer's Mill Apartments
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.

Hethwood Apartment Homes

Foxridge Apartment Homes

108 S Franklin St

Forest Hills at Belview

852 Mercer St

Towne Center Apartments

Hillside Apartments

Birchwood Apartment Homes

208 Wharton St

304 N 3rd St
Cash 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.

207 Burch St

Red Coat Manor Apartments

10 SW 1st St

Ridgewood Senior (55+)

PCP Master Tenant, LLC. - Residential

Terpence Apartments

5133 Baskerville St

210 E Withers Rd

Ridgewood Place Family

2015 Union School Rd SW
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.

120 W Marshall St

Blacksburg Homestay Village

860 Church St

440 Shadow Ln

1201-1207 North Main

215 Teel St NE

Bennett Hill

975 Depot St NE

7278 Manns Dr

2850 Walls Branch Rd
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.
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 | $1,296 | $825 | $1,875 |
| Draper 1 Bedroom Apartments | $1,247 | $695 | $2,083 |
| Draper 2 Bedroom Apartments | $1,547 | $675 | $2,915 |
| Draper 3 Bedroom Apartments | $1,581 | $510 | $2,900 |
| Draper 4 Bedroom Apartments | $1,154 | $440 | $4,000 |
Browse Top Apartments in Draper
See all Apartments in DraperExplore Draper
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 709/711 Giles in the Downtown Blacksburg neighborhood priced from $670. Ridgeview Apartments in the Farmview/Ramble neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here is today’s list of the most affordable Draper apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $670 |
| Ridgeview Apartments | 0BR/1.0BA | Studio,1BA | $825 |
| Hearthstone | 120 E Hearthstone | 1BR,1BA | $900 |
| Pulaski Lofts | Studios | Studio,1BA | $945 |
| Fincastle Farms | 2BD-2BTH | 2BR,2BA | $1,000 |
| Lantern Ridge Apartments | One Bedroom Units | 1BR,1BA | $1,024 |
| North View Apartments | Classic plus | 1BR,1BA | $1,049 |
| Chasewood Apartments | 1BR | 1BR,1BA | $1,080 |
| Apartment Heights | 1 Bedroom | 1BR,1BA | $1,130 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1,131 |
Best Value Apartments for Rent in Draper, VA and Nearby
As of June 24, 2026 the best value apartment in the Draper area is the $0.73 price per square foot THD4 Furnished Model at Union Blacksburg in the in the Downtown Blacksburg neighborhood starting from $1,185. The second greatest value Draper apartment is the 3BD-2.5BTH Model at Fincastle Farms starting at $1,200 with a $0.86 price per square foot . 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. |
|---|---|---|---|
| Union Blacksburg | THD4 Furnished | 4BR,4BA | $0.73 |
| Fincastle Farms | 3BD-2.5BTH | 3BR,2.5BA | $0.86 |
| The Hillside | 2BR/2.0BA | 2BR,2BA | $1.03 |
| Copper Beech at Radford - Historical Access | 3BR/2BA - Condo | 3BR,2BA | $0.44 |
| Terrace View | 3Ax1.5 T2 | 3BR,1.5BA | $0.77 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1.06 |
| Ridgewood Village | 2B | 2BR,1BA | $1.42 |
| Apartment Heights | 1 Bedroom | 1BR,1BA | $1.51 |
| East Roanoke Street | 3-Bedroom | 3BR,1BA | $1.00 |
| Rivers Edge (new) | 2BR/2BA | 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 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 $825.
How much is rent for a Cheap One Bedroom Draper Apartment?
The lowest price for a Cheap One Bedroom Draper Apartment is $900 at Hearthstone.
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 Fincastle Farms.
What is the most affordable Draper Three Bedroom Apartment?
The best deal on a cheap Draper Three Bedroom Apartment rental is at 709/711 Giles and starts from $670.
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

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.

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.