Cheap Apartments for Rent in Ferrum, VA from $700 (30 Rentals)

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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.

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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.

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Fayette Street Lofts
1 Bedroom Apartments

Fayette Street Lofts

62 Fayette StreetMartinsville, VA 24112
Corporate Housing
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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 74 Halifax Dr

$800 - $1,200

1 To 2 Bedroom Rentals

Available Now

74 Halifax Dr

MartinsvilleVA24112

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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3rd,SW,1401
1 Bedroom Apartments

3rd,SW,1401

1401 3rd St SWRoanoke, VA 24016
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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

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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301 Gilmer Ave
Studio to 2 Bedroom Apartments

301 Gilmer Ave

301 Gilmer AveRoanoke, VA 24016
Showing Results 1-30, Page 1 of 1

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 Fieldale Apartments priced from $795. Hill Court Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $875. Here is today’s list of the most affordable Ferrum apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fieldale Apartments1 Bedroom1BR,1BA$795
Hill Court Apartments1 Bed 1 Bath1BR,1BA$875
Fayette Street LoftsFlat1BR,1BA$895
Ridge View2/1.5 50% AMI2BR,1BA$926
3rd,SW,14011BR/1.0BA1BR,1BA$950
Chief TasselOne Bed - Unfurnished1BR,1BA$995
Stone Ridge Apartments- Convenient Location2BR/1.0BA2BR,1BA$995
Mount Pleasant Villas1x11BR,1BA$999
Gardens At Grandin - II1BR/1.0BA1BR,1BA$1,025
Blue Ridge Village Apartments2/1.5 50% AMI2BR,1BA$1,045

Best Value Apartments for Rent in Ferrum, VA and Nearby

As of December 31, 2025 the best value apartment in the Ferrum area is the $0.95 price per square foot House Model at 3120 Stoneridge Rd SW in the in the Southern Hills neighborhood starting from $2,475. The second greatest value Ferrum apartment is the 3/2 60% AMI Model at Ridge View starting at $1,284 with a $1.00 price per square foot in the Upper Martinsville 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.
3120 Stoneridge Rd SWHouse4BR,3BA$0.95
Ridge View3/2 60% AMI3BR,2BA$1.00
Blue Ridge Village Apartments2/1.5 50% AMI2BR,1.5BA$0.94
Lofts on Church2BR/1.0BA2BR,1BA$1.25
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.28
West Creek Manor3 Bedroom3BR,1BA$1.33
Fieldale Apartments1 Bedroom1BR,1BA$0.88
Gardens At Grandin - II1BR/1.0BA1BR,1BA$1.14
Fayette Street LoftsFlat1BR,1BA$1.03
Flats at Glade Creek2X12BR,1BA$1.29

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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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!

Explore Ferrum, VA Rentals by Map

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See the most popular apartments and homes in Ferrum, VA

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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 $795 at Fieldale Apartments.

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 $926 at Ridge View.

What is the most affordable Ferrum Three Bedroom Apartment?

The best deal on a cheap Ferrum Three Bedroom Apartment rental is at Hill Court Apartments and starts from $1,181.

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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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!