41 Meadow Green Rd
BassettVA24055
Cheap Homes for Rent in Ferrum, VA from $550 (18 Rentals)
Search the lowest-cost Homes available for rent right now in Ferrum.
53 Meadow Green Rd
BassettVA24055
89 Meadow Green Rd
BassettVA24055
1010 Chatham Heights Rd
MartinsvilleVA24112
45 Infinity Dr
MartinsvilleVA24112
55 Woodcott Rd
FerrumVA24088
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.
433 Virgil H Goode Hwy
BassettVA24055
184 Ramsey Blvd SE
Copper HillVA24079
116 Park St
MartinsvilleVA24112
305 Granville St
MartinsvilleVA24112
5200 Snow Creek Rd
MartinsvilleVA24112
1142 Sylvan Ave
MartinsvilleVA24112
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.
4402 Riffe St
EllistonVA24087
6153 Belcher Mountain Rd
WoolwineVA24185
703 4th St
MartinsvilleVA24112
804 Royal Dr
MartinsvilleVA24112
113 Cooks Park Dr
FerrumVA24088
6941 Dyer Store Rd
MartinsvilleVA24112
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Showing Results 1-18, Page 1 of 1
Ferrum, VA Local Guide
Hillside by Brad Kebodeaux is licensed under CC BY 2.0
How much does it cost to rent a home in Ferrum?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Ferrum 2 Bedroom Homes for Rent | $1,339 | $800 | $2,250 |
| Ferrum 3 Bedroom Homes for Rent | $1,877 | $1,150 | $2,800 |
| Ferrum 4 Bedroom Homes for Rent | $2,658 | $1,495 | $3,200 |
| Ferrum 5 Bedroom Homes for Rent | $2,125 | $1,750 | $2,500 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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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 1222-1224 Maple Ave SW in the Gilmer neighborhood priced from $895. School Drive Apartments in the Upper Martinsville neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $921. Here is today’s list of the most affordable Ferrum apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| School Drive Apartments | One Bedroom | 1BR,1BA | $921 |
| Chief Tassel | One Bed - Unfurnished | 1BR,1BA | $945 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $995 |
| Mount Pleasant Villas | 1x1 | 1BR,1BA | $999 |
Best Value Apartments for Rent in Ferrum, VA and Nearby
As of September 10, 2026 the best value apartment in the Ferrum area is the $0.90 price per square foot 3/2 50% AMI Model at Ridge View Apartments in the in the Upper Martinsville neighborhood starting from $1,150. 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Ridge View Apartments | 3/2 50% AMI | 3BR,2BA | $0.90 |
| Brandon Point Apartments | 3BR/2BA Upgraded | 3BR,2BA | $1.38 |
| Blue Ridge Village Apartments | 2/1.5 40% AMI | 2BR,1.5BA | $0.91 |
| The Oak Grove Village Apartments | Bulk market rent | 2BR,1.5BA | $1.16 |
| West Creek Manor | 2 Bedroom | 2BR,1BA | $1.11 |
| Windy Hill Key | 2 Bedroom, 2 Bath | 2BR,2BA | $1.31 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.36 |
| The Everett | 2 Bed, 1 Bath A Income-Restricted | 2BR,1BA | $1.38 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $1.24 |
| School Drive Apartments | One Bedroom | 1BR,1BA | $1.31 |
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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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.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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See the most popular apartments and homes in Ferrum, VA
Frequently Asked Questions about Ferrum
What type of rentals are currently available in Ferrum?
There are currently 53 Apartments for Rent in Ferrum, VA with pricing that ranges from $800 to $3,574. There are also 40 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ferrum ranging from $750 to $3,200.
What is the current price range for Rental Homes in Ferrum?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Ferrum ranges from $750 to $3,200 with an average monthly rent of $1,749.
How much are larger Three and Four Bedroom Rentals in Ferrum?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Ferrum range from $1,150 to $3,574, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,150 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,495 and Four Bedroom Apartments start at $1,805.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.