Cheap Apartments for Rent in Ferrum, VA from $700 (36 Rentals)

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

property at 45 Woodcott Rd

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

45 Woodcott Rd

FerrumVA24088
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Blue Ridge Village
$824 - $1,203
Total Monthly Price

Total Monthly Price

Base Rent
$666 - $1,045
Required Monthly Fees
$158

Total Monthly Price
$824 - $1,203
1 to 2 Bedroom Apartments Available Now

Blue Ridge Village

2744 Melrose Ave NWRoanoke, VA 24017
Senior Living
  • Verified
  • Customer Reviewed
  • Low Income

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The Electra
$965 - $975
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$915 - $925
Required Monthly Fees
$50

Total Monthly Price
$965 - $975
Studio to 1 Bedroom Apartments Available Now

The Electra

631 Campbell Ave SWRoanoke, VA 24016
Affordability
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The Cove Apartments
$971 - $2,405
Total Monthly Price

Total Monthly Price

Base Rent
$916 - $2,350
Required Monthly Fees
$55

Total Monthly Price
$971 - $2,405
2 to 3 Bedroom Apartments Available Apr 30

The Cove Apartments

3816 Panorama Ave NWRoanoke, VA 24017
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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The Heights at Gateway Park
Rent Specials
$999 - $1,499
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$999 - $1,499

Total Monthly Price
$999 - $1,499
1 to 2 Bedroom Apartments Available Now

The Heights at Gateway Park

601 Orange Ave NERoanoke, VA 24016
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
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West Creek Manor
$1,025 - $1,385
Total Monthly Price

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 May 22

West Creek Manor

410-1 Westside Blvd NWRoanoke, VA 24017
Furnished
  • Verified
  • Customer Reviewed
  • Utilities Included

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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
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
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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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The Everett
1 to 3 Bedroom Apartments

The Everett

4301 Garst Mill RdRoanoke, VA 24018
  • Utilities Included
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
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 7 Chestnut St

$850

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

2 Bedroom, 1 Bath Home for Rent

Available Now

7 Chestnut St

FieldaleVA24089

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property at 29 Dunlap St

$850

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

3 Bedroom, 2 Bath Home for Rent

Available Apr 17

29 Dunlap St

MartinsvilleVA24112
property at 85 Wilson St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

85 Wilson St

Rocky MountVA24151
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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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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

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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 100 Marshall Way priced from $795. 74-78 Halifax Dr has the second lowest priced unit, which is a 1 Bed apartment currently listed from $800. Here is today’s list of the most affordable Ferrum apartments for rent:

Apartment ListingModel NameBed/BathPriced From
100 Marshall Way1 Bedroom1BR,1BA$795
74-78 Halifax Dr1Br/1Ba1BR,1BA$800
Meadow Run2 Bed 1.5 Bath2BR,1BA$850
The Everett1 Bed, 1 Bath A Income-Restricted1BR,1BA$850
Hill Court Apartments2 Bed 1 Bath2BR,1BA$875
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$895
Chief TasselOne Bed - Unfurnished1BR,1BA$945
Stone Ridge Apartments1BR/1.0BA1BR,1BA$945
The ElectraStudio LoftStudio,1BA$965
North View ApartmentsClassic plus1BR,1BA$999

Best Value Apartments for Rent in Ferrum, VA and Nearby

As of April 12, 2026 the best value apartment in the Ferrum area is the $1.30 price per square foot 3 Bedroom, 2 Bath Model at Windy Hill Key in the in the Southern Hills neighborhood starting from $1,611. The second greatest value Ferrum apartment is the 3BR/2BA Upgraded Model at Brandon Point Apartments starting at $1,650 with a $1.38 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.
Windy Hill Key3 Bedroom, 2 Bath3BR,2BA$1.30
Brandon Point Apartments3BR/2BA Upgraded3BR,2BA$1.38
Meadow Run2 Bed 1.5 Bath2BR,1.5BA$0.71
Blue Ridge Village2/1.5 50% AMI2BR,1.5BA$1.05
Oak Grove VillageBulk market rent2BR,1.5BA$1.16
Gardens At Grandin - II2BR/1.0BA2BR,1BA$1.07
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.28
Cedar PointThe Dogwood2BR,1.5BA$1.45
100 Marshall Way1 Bedroom1BR,1BA$0.88
74-78 Halifax Dr1Br/1Ba1BR,1BA$1.23

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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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Frequently Asked Questions about Cheap Ferrum Apartments

What is the Cheapest Studio apartment in Ferrum?

Currently the most affordable Cheap Studio Apartment in Ferrum is at The Electra listed at $965.

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

The lowest price for a Cheap One Bedroom Ferrum Apartment is $795 at 100 Marshall Way.

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 $850 at Meadow Run.

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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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

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This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

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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

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

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

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