20733 Virgil H Goode Hwy
Rocky MountVA24151
Cheap Homes for Rent in Ferrum, VA from $600 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Ferrum.
6 Circle Dr
MartinsvilleVA24112
10 Circle Dr
MartinsvilleVA24112
8 Circle Dr
MartinsvilleVA24112
705 4th St
MartinsvilleVA24112
29 Dunlap St
MartinsvilleVA24112
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
808 D St
MartinsvilleVA24112
7 Chestnut St
FieldaleVA24089
85 Wilson St
Rocky MountVA24151
2280 Oak Level Rd
BassettVA24055
2504 Longview Ave SW
RoanokeVA24014
3528 Timberline Trail
Cave SpringVA24018
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
Showing Results 1-12, 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 | $1,216 | $700 | $1,995 |
| Ferrum 3 Bedroom Homes for Rent | $1,657 | $850 | $2,100 |
| Ferrum 4 Bedroom Homes for Rent | $3,021 | $2,500 | $3,195 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 100 Marshall Way | 1 Bedroom | 1BR,1BA | $795 |
| 74-78 Halifax Dr | 1Br/1Ba | 1BR,1BA | $800 |
| The Everett | 1 Bed, 1 Bath A Income-Restricted | 1BR,1BA | $850 |
| Hill Court Apartments | 2 Bed 1 Bath | 2BR,1BA | $875 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
Best Value Apartments for Rent in Ferrum, VA and Nearby
As of April 27, 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Windy Hill Key | 3 Bedroom, 2 Bath | 3BR,2BA | $1.30 |
| Brandon Point Apartments | 3BR/2BA Upgraded | 3BR,2BA | $1.38 |
| Blue Ridge Village Apartments | 2/1.5 50% AMI | 2BR,1.5BA | $1.05 |
| Oak Grove Village Apartments | Bulk market rent | 2BR,1.5BA | $1.16 |
| Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1.07 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.28 |
| The Everett | 2 Bed, 1 Bath A Standard | 2BR,1BA | $1.44 |
| 100 Marshall Way | 1 Bedroom | 1BR,1BA | $0.88 |
| Honeywood Apartments | 1 Bedroom with Den | 1BR,1BA | $1.47 |
| 74-78 Halifax Dr | 1Br/1Ba | 1BR,1BA | $1.23 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
Read ArticleQuick Rent Budget Calculator
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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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 $795 to $3,569. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ferrum ranging from $699 to $3,195.
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 $699 to $3,195 with an average monthly rent of $1,706.
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 $999 to $3,569, while Three Bedroom Homes, Condos, and Townhomes for rent range from $850 to $2,100. Four Bedroom Single-Family rentals are also available starting from $2,500 and Four Bedroom Apartments start at $1,790.
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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.
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.