
Cheap Apartments for Rent in Ferrum, VA from $700 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in Ferrum.


5836 Franklin St

Fieldale Apartments

Hill Court Apartments

The Everett

Stone Ridge Apartments
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West Creek Manor

The Cove Apartments

Blue Ridge Village Apartments

North View Apartments

Mount Pleasant Villas

Gardens At Grandin - II
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41 Meadow Green Rd

832 Smith St

167 Laurel Gate Cir

433 Virgil H Goode Hwy

7045 Virgil H Goode Hwy
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2049 Windsor Ave SW
Ferrum, VA Local Guide

How much does it cost to rent an apartment in Ferrum?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Ferrum Studio Apartments | $1,437 | $1,437 | $1,437 |
Ferrum 1 Bedroom Apartments | $1,440 | $795 | $3,159 |
Ferrum 2 Bedroom Apartments | $1,582 | $950 | $3,275 |
Ferrum 3 Bedroom Apartments | $1,834 | $1,127 | $4,038 |
Ferrum 4 Bedroom Apartments | $1,775 | $1,725 | $1,800 |
Browse Top Apartments in Ferrum
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Ferrum, VA Local Guide
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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 Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Fieldale Apartments | 1 Bedroom | 1BR,1BA | $795 |
Hill Court Apartments | 1 Bed 1 Bath | 1BR,1BA | $875 |
School Drive Apartments | One Bedroom | 1BR,1BA | $921 |
The Everett | 1 Bed 1Bath - 1A | 1BR,1BA | $985 |
Chief Tassel | One Bed - Unfurnished | 1BR,1BA | $995 |
Best Value Apartments for Rent in Ferrum, VA and Nearby
As of August 02, 2025 the best value apartment in the Ferrum area is the $1.00 price per square foot 3/2 60% AMI Model at Ridge View in the in the Upper Martinsville neighborhood starting from $1,284. The second greatest value Ferrum apartment is the 3 Bedroom, 2 Bath Model at Windy Hill Key starting at $1,561 with a $1.26 price per square foot in the Southern Hills neighborhood. Here is today’s list of the best values for Ferrum apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Ridge View | 3/2 60% AMI | 3BR,2BA | $1.00 |
Windy Hill Key | 3 Bedroom, 2 Bath | 3BR,2BA | $1.26 |
Bent Tree | 3 BEDROOM | 3BR,1BA | $1.43 |
Blue Ridge Village Apartments | 2/1.5 50% AMI | 2BR,1.5BA | $0.94 |
The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.28 |
Fieldale Apartments | 1 Bedroom | 1BR,1BA | $0.88 |
Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1.44 |
Flats at Glade Creek | 2X1 | 2BR,1BA | $1.32 |
The Pines of Roanoke | The Pinewood | 1BR,1BA | $1.40 |
Honeywood Apartments | 1 Bedroom | 1BR,1BA | $1.45 |
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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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 $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 $1,045 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 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.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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.

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.