
Cheap Homes for Rent in Ferrum, VA from $600 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Ferrum.


832 Smith St

45 Woodcott Rd

5836 Franklin St
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.

167 Laurel Gate Cir

433 Virgil H Goode Hwy

116 Park St

611 Watt St
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
Ferrum, VA Local Guide

How much does it cost to rent a home in Ferrum?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Ferrum 2 Bedroom Homes for Rent | $1,107 | $750 | $1,800 |
Ferrum 3 Bedroom Homes for Rent | $1,524 | $950 | $2,400 |
Ferrum 4 Bedroom Homes for Rent | $2,447 | $1,500 | $4,200 |
Ferrum 5 Bedroom Homes for Rent | $1,750 | $1,750 | $1,750 |
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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 |
The Everett | 1 Bed 1Bath - 1C | 1BR,1BA | $900 |
Best Value Apartments for Rent in Ferrum, VA and Nearby
As of July 23, 2025 the best value apartment in the Ferrum area is the $1.13 price per square foot One bed 1 1/2 bath Model at Horton Lofts in the in the Gilmer neighborhood starting from $1,875. The second greatest value Ferrum apartment is the 3/2 60% AMI Model at Ridge View starting at $1,284 with a $1.00 price per square foot in the Upper Martinsville 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. |
---|---|---|---|
Horton Lofts | One bed 1 1/2 bath | 1BR,1.5BA | $1.13 |
Ridge View | 3/2 60% AMI | 3BR,2BA | $1.00 |
Windy Hill Key | 3 Bedroom, 2 Bath | 3BR,2BA | $1.26 |
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 |
Flats at Glade Creek | 2X1 | 2BR,1BA | $1.32 |
Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1.44 |
The Cove Apartments | 2x1 | 2BR,1BA | $1.15 |
The Pines of Roanoke | The Pinewood | 1BR,1BA | $1.44 |
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Frequently Asked Questions about Ferrum
What type of rentals are currently available in Ferrum?
There are currently 43 Apartments for Rent in Ferrum, VA with pricing that ranges from $795 to $4,109. There are also 36 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ferrum ranging from $650 to $4,200.
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 $650 to $4,200 with an average monthly rent of $1,485.
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 $1,047 to $4,109, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,725.
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.

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.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.