Cheap Apartments for Rent in Ferrum, VA from $700 (34 Rentals)

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

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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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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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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Fieldale Apartments
1 Bedroom Apartments

Fieldale Apartments

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

2001 Lynn Ave

2001 Lynn Ave SWRoanoke, VA 24014
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115 Elm Ave SW
1 Bedroom Apartments

115 Elm Ave SW

115 Elm Ave SWRoanoke, VA 24016
  • Utilities Included

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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301 Gilmer Ave
2 Bedroom Apartments

301 Gilmer Ave

301 Gilmer AveRoanoke, VA 24016
Showing Results 1-34, 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 2 Beds unit found at The Cove Apartments in the South Washington Heights neighborhood priced from $737. 1st Month FREE - Hill Court Apartments in the Upper Martinsville neighborhood 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
The Cove Apartments2x12BR,1BA$737
1st Month FREE - Hill Court Apartments1 Bed 1 Bath1BR,1BA$875
The Everett1 Bed 1Bath - 1A1BR,1BA$900
School Drive ApartmentsOne Bedroom1BR,1BA$921
Ridge View2 Bedroom2BR,1BA$926
Chief TasselOne Bed - Unfurnished1BR,1BA$995
Mount Pleasant Villas1x11BR,1BA$999
Blue Ridge Village Apartments2/1.5 50% AMI2BR,1BA$1,045
The View at 7771x11BR,1BA$1,049
Westlake Apartment HomesOne Bedroom1BR,1BA$1,099

Best Value Apartments for Rent in Ferrum, VA and Nearby

As of June 17, 2025 the best value apartment in the Ferrum area is the $1.13 price per square foot One bed 1 1/2 bath Model at Horton Lofts in the in the Gilmer neighborhood starting from $1,875. The second greatest value Ferrum apartment is the 3 Bedroom Reno Model at 733 West starting at $1,525 with a $1.30 price per square foot in the Gilmer 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.
Horton LoftsOne bed 1 1/2 bath1BR,1.5BA$1.13
733 West3 Bedroom Reno3BR,2BA$1.30
Ridge View2/1.5 50% AMI2BR,1.5BA$0.88
The Pines of RoanokeThe Pinehurst2BR,1.5BA$1.26
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.28
Flats at Glade Creek2X12BR,1BA$1.32
The View at 7772x1-A2BR,1BA$1.43
The Cove Apartments2x12BR,1BA$0.92
School Drive ApartmentsOne Bedroom1BR,1BA$1.31
The Everett1 Bed 1Bath - 1A1BR,1BA$1.40

Quick Rent Budget Calculator

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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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Getting Around Ferrum, VA

Walk Score®

16 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

7 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

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 $875 at 1st Month FREE - Hill Court 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 $739 at The Cove Apartments.

What is the most affordable Ferrum Three Bedroom Apartment?

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

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.