Cheap Apartments for Rent in Ferrum, VA from $700 (28 Rentals)

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

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The Everett
Rent Specials
$855 - $1,471
Total Monthly Price

Total Monthly Price

Base Rent
$849 - $1,465
Required Monthly Fees
$6

Total Monthly Price
$855 - $1,471
1 to 3 Bedroom Apartments Available Now

The Everett

4301 Garst Mill RdRoanoke, VA 24018
Affordability
  • Verified
  • Customer Reviewed
  • Utilities Included
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The Cove Apartments
$971 - $2,092
Total Monthly Price

Total Monthly Price

Base Rent
$916 - $2,037
Required Monthly Fees
$55

Total Monthly Price
$971 - $2,092
2 to 3 Bedroom Apartments Available Mar 3

The Cove Apartments

3816 Panorama Ave NWRoanoke, VA 24017
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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property at 6 Circle Dr

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

2 Bedroom, 1 Bath Home for Rent

Available Now

6 Circle Dr

MartinsvilleVA24112
property at 10 Circle Dr

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

2 Bedroom, 1 Bath Home for Rent

Available Now

10 Circle Dr

MartinsvilleVA24112

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.

property at 8 Circle Dr

$700

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

2 Bedroom, 1 Bath Home for Rent

Available Now

8 Circle Dr

MartinsvilleVA24112
property at 1300 Spruce St

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom Rentals

Available Now

1300 Spruce St

MartinsvilleVA24112
property at 1101 Mountain Rd

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom Rentals

Available Now

1101 Mountain Rd

MartinsvilleVA24112
property at 930 Banks Rd

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

2 Bedroom, 1.5 Bath Home for Rent

Available Mar 9

930 Banks Rd

MartinsvilleVA24112
property at 80 Ashbea Ln

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

2 Bedroom, 2 Bath Home for Rent

Available Now

80 Ashbea Ln

HenryVA24102
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2001 Lynn Ave
1 to 2 Bedroom Apartments

2001 Lynn Ave

2001 Lynn Ave SWRoanoke, VA 24014
  • Utilities Included
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Fayette Street Lofts
1 Bedroom Apartments

Fayette Street Lofts

62 Fayette StreetMartinsville, VA 24112
Corporate Housing

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property at 705 4th St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

705 4th St

MartinsvilleVA24112
property at 808 D St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

808 D St

MartinsvilleVA24112
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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
property at 2280 Oak Level Rd

$1,000

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

2280 Oak Level Rd

BassettVA24055
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301 Gilmer Ave
Studio to 2 Bedroom Apartments

301 Gilmer Ave

301 Gilmer AveRoanoke, VA 24016

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.

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. The Everett in the Deyerle neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here is today’s list of the most affordable Ferrum apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fieldale Apartments1 Bedroom1BR,1BA$795
The Everett1 Bed, 1 Bath C Income-Restricted1BR,1BA$855
Hill Court Apartments2 Bed 1 Bath2BR,1BA$875
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$895
Chief TasselOne Bed - Unfurnished1BR,1BA$995
Mount Pleasant Villas1x11BR,1BA$999
North View ApartmentsClassic plus1BR,1BA$1,049
Pebble CreekHeron1BR,1BA$1,111
Gardens At Grandin - II2BR/1.0BA2BR,1BA$1,125
Blue Ridge Village Apartments2/1.5 50% AMI2BR,1BA$1,173

Best Value Apartments for Rent in Ferrum, VA and Nearby

As of February 26, 2026 the best value apartment in the Ferrum area is the $1.38 price per square foot 3BR/2BA Upgraded Model at Brandon Point Apartments in the in the South Washington Heights neighborhood starting from $1,650. The second greatest value Ferrum apartment is the 3 Bedroom Reno Model at 733 West starting at $1,625 with a $1.38 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.
Brandon Point Apartments3BR/2BA Upgraded3BR,2BA$1.38
733 West3 Bedroom Reno3BR,2BA$1.38
Blue Ridge Village Apartments2/1.5 50% AMI2BR,1.5BA$1.05
Gardens At Grandin - II2BR/2.0BA2BR,2BA$1.07
Westmont Apartments2BR2BR,2BA$1.40
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.28
West Creek Manor3 Bedroom3BR,1BA$1.33
Windy Hill Key1 Bedroom, 1 Bath with Den & Storage1BR,1BA$1.36
Fieldale Apartments1 Bedroom1BR,1BA$0.88
Honeywood Apartments1 Bedroom with Den1BR,1BA$1.46

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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 $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 $875 at Hill Court Apartments.

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 $999.

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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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.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.