Cheap Apartments for Rent in Ferrum, VA from $800 (56 Rentals)

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

property at 55 Woodcott Rd
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
12 Month Lease Term
2 Bedroom, 1.5 Bath Townhome for Rent
Available Now

55 Woodcott Rd

FerrumVA24088
property at 78 Cooks Park Dr
$875

Total Monthly Price

Base Rent$875

Total Monthly Price$875
3 Bedroom, 2 Bath Home for Rent
Available Now

78 Cooks Park Dr

FerrumVA24088
property at 113 Cooks Park Dr
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
3 Bedroom, 2 Bath Home for Rent
Available Now

113 Cooks Park Dr

FerrumVA24088
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Chief Tassel
Rent Specials
$945 - $995

Total Monthly Price

Base Rent$945 - $995

Total Monthly PriceVaries
1 Bedroom Apartments Available Now

Chief Tassel

51 E Church StMartinsville, VA 24112
Furnished
  • Verified
  • Utilities Included
  • 3D Tour

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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CAMELOT VILLAGE
Rent Specials
$1,015 - $1,855

Total Monthly Price

Base Rent$1,010 - $1,850
Required Monthly Fees$5

Total Monthly Price$1,015 - $1,855
1 to 3 Bedroom Apartments Available Now

CAMELOT VILLAGE

900 Camelot DrSalem, VA 24153
Corporate Housing
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West Creek Manor
$1,025 - $1,385

Total Monthly Price

Base Rent$975 - $1,335
Required Monthly Fees$50

Total Monthly Price$1,025 - $1,385
1 to 3 Bedroom Apartments Available Now

West Creek Manor

410-1 Westside Blvd NWRoanoke, VA 24017
Furnished
  • 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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Ridge View Apartments
$1,150 - $1,160

Total Monthly Price

Base Rent$1,091 - $1,101
Required Monthly Fees$59

Total Monthly Price$1,150 - $1,160
12 Month Lease Term
3 Bedroom Apartments Available Now

Ridge View Apartments

1130 Ridge RdMartinsville, VA 24112
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Honeywood Apartments
$1,181 - $2,525

Total Monthly Price

Base Rent$1,168 - $2,512
Required Monthly Fees$13

Total Monthly Price$1,181 - $2,525
1 to 2 Bedroom Apartments Available Now

Honeywood Apartments

3101 Honeywood LnRoanoke, VA 24018
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The Pines of Roanoke
$1,201 - $3,574

Total Monthly Price

Base Rent$1,188 - $3,561
Required Monthly Fees$13

Total Monthly Price$1,201 - $3,574
1 to 3 Bedroom Apartments Available Now

The Pines of Roanoke

4630 Roxbury Ln SWRoanoke, VA 24018
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  • Customer Reviewed
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Pebble Creek
Rent Specials
$1,251 - $3,766

Total Monthly Price

Base Rent$1,198 - $3,713
Required Monthly Fees$53

Total Monthly Price$1,251 - $3,766
1 to 3 Bedroom Apartments Available Now

Pebble Creek

3345 Circle Brook Dr SWRoanoke, VA 24018
Corporate Housing
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  • Customer Reviewed
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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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Flats at Glade Creek
$1,257 - $1,407

Total Monthly Price

Base Rent$1,199 - $1,349
Required Monthly Fees$58

Total Monthly Price$1,257 - $1,407
12 Month Lease Term
2 to 3 Bedroom Apartments Available Now

Flats at Glade Creek

220 8th StVinton, VA 24179
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The Riverwalk at Salem
$1,295 - $1,565

Total Monthly Price

Base Rent$1,215 - $1,485
Required Monthly FeesVaries

Total Monthly PriceVaries
12 Month Lease Term
2 to 3 Bedroom Apartments Available Now

The Riverwalk at Salem

1650 Lancing DrSalem, VA 24153
Corporate Housing
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property at 45 Infinity Dr
$750

Total Monthly Price

Base Rent$750

Total Monthly Price$750
1 Bedroom Rentals
Available Now

45 Infinity Dr

MartinsvilleVA24112
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100 Marshall Way
1 to 2 Bedroom Apartments

100 Marshall Way

100 Marshall WayFieldale, VA 24089
  • Utilities Included
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2001 Lynn Ave
1 to 2 Bedroom Apartments

2001 Lynn Ave

2001 Lynn Ave SWRoanoke, VA 24014
  • Utilities Included
property at 299 Scout Dr
$800

Total Monthly Price

Base Rent$800

Total Monthly Price$800
3 Bedroom, 2 Bath Home for Rent
Available Now

299 Scout Dr

HenryVA24102
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Fayette Street Lofts
1 Bedroom Apartments

Fayette Street Lofts

62 Fayette StreetMartinsville, VA 24112
Corporate Housing
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Hill Court Apartments
1 to 3 Bedroom Apartments

Hill Court Apartments

142 Colonial DrCollinsville, VA 24078
Senior Living
  • 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 57 Sunrise Rd
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
2 Bedroom, 1 Bath Home for Rent
Available Now

57 Sunrise Rd

Rocky MountVA24151
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The Everett
1 to 3 Bedroom Apartments

The Everett

4301 Garst Mill RdRoanoke, VA 24018
  • Utilities Included
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115 Elm Ave SW
1 to 2 Bedroom Apartments

115 Elm Ave SW

115 Elm Ave SWRoanoke, VA 24016
  • Utilities Included
property at 305 Granville St
$975

Total Monthly Price

Base Rent$975

Total Monthly Price$975
2 Bedroom, 2 Bath Home for Rent
Available Now

305 Granville St

MartinsvilleVA24112
property at 5200 Snow Creek Rd
$1,000

Total Monthly Price

Base Rent$1,000

Total Monthly Price$1,000
12 Month Lease Term
2 Bedroom, 1.5 Bath Home for Rent
Available Now

5200 Snow Creek Rd

MartinsvilleVA24112
property at 4402 Riffe St
$1,015

Total Monthly Price

Base Rent$1,015

Total Monthly Price$1,015
2 Bedroom, 1 Bath Townhome for Rent
Available May 20, 2027
Cost Per Sq.Ft.

4402 Riffe St

EllistonVA24087
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3rd,SW,1401
1 Bedroom Apartments

3rd,SW,1401

1401 3rd St SWRoanoke, VA 24016
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301 Gilmer Ave
Studio to 2 Bedroom Apartments

301 Gilmer Ave

301 Gilmer AveRoanoke, VA 24016

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.

Ferrum, VA Local Guide

Cheapest Available Ferrum Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ferrum, VA is a 1 Bed unit found at 1222-1224 Maple Ave SW in the Gilmer neighborhood priced from $895. The Stone Ridge Apartments in the Southern Hills neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Ferrum apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$895
The Stone Ridge Apartments1BR/1.0BA1BR,1BA$895
School Drive ApartmentsOne Bedroom1BR,1BA$921
Chief TasselOne Bed - Unfurnished1BR,1BA$945
Gardens At Grandin - II1BR/1.0BA1BR,1BA$995
Mount Pleasant Villas1x11BR,1BA$999
ONE Ellsworth1BR/1.0BA1BR,1BA$1,000
Blue Ridge Village Apartments2/1.5 40% AMI2BR,1BA$1,015
The Aurora - Residential1BR/1.0BA1BR,1BA$1,075
CAMELOT VILLAGE2 Bedroom2BR,1BA$1,090

Best Value Apartments for Rent in Ferrum, VA and Nearby

As of September 05, 2026 the best value apartment in the Ferrum area is the $0.90 price per square foot 3/2 50% AMI Model at Ridge View Apartments in the in the Upper Martinsville neighborhood starting from $1,150. The second greatest value Ferrum apartment is the 3BR/2BA Model at Brandon Point Apartments starting at $1,550 with a $1.29 price per square foot in the South Washington Heights neighborhood. Here is today’s list of the best values for Ferrum apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Ridge View Apartments3/2 50% AMI3BR,2BA$0.90
Brandon Point Apartments3BR/2BA3BR,2BA$1.29
Blue Ridge Village Apartments2/1.5 40% AMI2BR,1.5BA$0.91
The Oak Grove Village ApartmentsBulk market rent2BR,1.5BA$1.16
West Creek Manor2 Bedroom2BR,1BA$1.11
Windy Hill Key2 Bedroom, 2 Bath2BR,2BA$1.31
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.36
The Everett2 Bed, 1 Bath A Income-Restricted2BR,1BA$1.38
Gardens At Grandin - II1BR/1.0BA1BR,1BA$1.24
School Drive ApartmentsOne Bedroom1BR,1BA$1.31

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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Navigating 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.

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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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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.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Ferrum Apartments

How much is rent for a Cheap One Bedroom Ferrum Apartment?

The lowest price for a Cheap One Bedroom Ferrum Apartment is $895 at 1222-1224 Maple Ave SW.

What is the lowest price for a Cheap Two Bedroom Ferrum Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ferrum is starting from $1,015 at Blue Ridge Village Apartments.

What is the most affordable Ferrum Three Bedroom Apartment?

The best deal on a cheap Ferrum Three Bedroom Apartment rental is at Ridge View Apartments and starts from $1,150.

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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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

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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.

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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.

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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.