
Cheap Apartments for Rent in Falls Mills, VA from $400 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in Falls Mills.


Ashley Manor Apartments

Pauli Heights

709/711 Giles

New River Gardens I

The Place at Slate Creek

231 S Heber St

Chasewood Apartments

Hearthstone
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.

The Railwalk Apartments

Total Monthly Price
Pulaski Lofts

147 W Main St

Fincastle Farms

Hub Blacksburg

Shawnee Apartments

Heintz House

Edward''s Crossing II

Forest Hills at Belview
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.

852 Mercer St

Towne Center Apartments

Eagle Valley

Hillside Apartments

Gateway Apartments

209 College Ave

422 City Ave

Birchwood Apartment Homes

Crossroads Apartments
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.

117 Whitetop Rd

Piney Gardens

101 N 2nd St

205 Mercer St

Roberts Village Apartments

Red Coat Manor Apartments

104 N 8th St

82 Beagle Club Rd

184 Wyndale Dr
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.

Ridgewood Senior (55+)

5907 Lee Hwy

PCP Master Tenant, LLC. - Residential

121 E Main St

34 1st St NE

112 Mason St

108 E Buck Ave

5133 Baskerville St

Cranberry Woods Townhomes
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.
Falls Mills, VA Local Guide

How much does it cost to rent an apartment in Falls Mills?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Falls Mills Studio Apartments | $1,389 | $830 | $2,041 |
| Falls Mills 1 Bedroom Apartments | $1,185 | $475 | $2,789 |
| Falls Mills 2 Bedroom Apartments | $1,369 | $505 | $3,116 |
| Falls Mills 3 Bedroom Apartments | $1,571 | $517 | $3,180 |
| Falls Mills 4 Bedroom Apartments | $1,266 | $440 | $4,165 |
Browse Top Apartments in Falls Mills
See all Apartments in Falls MillsExplore Falls Mills
Falls Mills, VA Local Guide
- Nearby Cities
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Cheapest Available Falls Mills Apartments for Rent and Nearby
 The cheapest available apartment rental in Falls Mills, VA is a 1 Bed unit found at Edward''s Crossing II priced from $486. 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 Falls Mills apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Edward''s Crossing II | 1 Bedroom Unit | 1BR,1BA | $486 |
| 709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $670 |
| 231 S Heber St | APT 6 | 1BR,1BA | $750 |
| The Place at Slate Creek | Two Bedroom | 2BR,2BA | $800 |
| Hearthstone | 120 E Hearthstone | 1BR,1BA | $900 |
| The Railwalk Apartments | 1BR/1.0BA | 1BR,1BA | $950 |
| Pulaski Lofts | Studios | Studio,1BA | $975 |
| 147 W Main St | APT 8 | 2BR,1BA | $1,000 |
| Fincastle Farms | 2BD-2BTH | 2BR,2BA | $1,000 |
| East Roanoke Street | 1 bedroom | 1BR,1BA | $1,000 |
Best Value Apartments for Rent in Falls Mills, VA and Nearby
As of May 08, 2026 the best value apartment in the Falls Mills area is the $0.86 price per square foot 3BD-2.5BTH Model at Fincastle Farms in the starting from $1,200. The second greatest value Falls Mills apartment is the 3x1.5 Townhome Model at 105 Tee St starting at $1,595 with a $1.45 price per square foot in the Downtown Blacksburg neighborhood. Here is today’s list of the best values for Falls Mills apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Fincastle Farms | 3BD-2.5BTH | 3BR,2.5BA | $0.86 |
| 105 Tee St | 3x1.5 Townhome | 3BR,1.5BA | $1.45 |
| Ridgewood Village | 3A | 3BR,1BA | $1.38 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1.06 |
| The Railwalk Apartments | 1BR/1.5BA | 1BR,1.5BA | $1.49 |
| The Place at Slate Creek | Two Bedroom | 2BR,2BA | $0.99 |
| East Roanoke Street | 1 bedroom | 1BR,1BA | $1.25 |
| Maple Ridge Townhomes | 2 Bedroom Luxury | 2BR,1.5BA | $1.27 |
| Edward''s Crossing II | 1 Bedroom Unit | 1BR,1BA | $0.69 |
| 231 S Heber St | APT 2 | 1BR,1BA | $1.25 |
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 Falls Mills, VA Rentals by Map
See the most popular apartments and homes in Falls Mills, VA
Frequently Asked Questions about Cheap Falls Mills Apartments
What is the Cheapest Studio apartment in Falls Mills?
Currently the most affordable Cheap Studio Apartment in Falls Mills is at Pulaski Lofts listed at $975.
How much is rent for a Cheap One Bedroom Falls Mills Apartment?
The lowest price for a Cheap One Bedroom Falls Mills Apartment is $486 at Edward''s Crossing II.
What is the lowest price for a Cheap Two Bedroom Falls Mills Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Falls Mills is starting from $800 at The Place at Slate Creek.
What is the most affordable Falls Mills Three Bedroom Apartment?
The best deal on a cheap Falls Mills 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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.