
Cheap Homes for Rent near Ferrum, VA from $900 (11 Rentals)
Search the lowest-cost Homes available for rent right now in Ferrum.


614 Clift St

305 Granville St

935 Myrtle Rd

412 Virginia St
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.

184 Ramsey Blvd SE

1207 Daniels Creek Rd

2016 Sherwood Ave SW

1234 Pechin Ave SE

45 Stone Ln
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.

208 Fayette St
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 | $1,431 | $975 | $2,195 |
| Ferrum 3 Bedroom Homes for Rent | $2,070 | $950 | $3,200 |
| Ferrum 4 Bedroom Homes for Rent | $3,067 | $2,250 | $3,550 |
| 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 2 Beds unit found at Hill Court Apartments priced from $875. 1222-1224 Maple Ave SW in the Gilmer neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Ferrum apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Hill Court Apartments | 2 Bed 1 Bath | 2BR,1BA | $875 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| The Cove Apartments | 2x1 | 2BR,1BA | $916 |
| School Drive Apartments | One Bedroom | 1BR,1BA | $921 |
| Chief Tassel | One Bed - Unfurnished | 1BR,1BA | $945 |
Best Value Apartments for Rent in Ferrum, VA and Nearby
As of July 27, 2026 the best value apartment in the Ferrum area is the $1.38 price per square foot 3BR/2BA Upgraded Model at Brandon Point Apartments in the in the South Washington Heights neighborhood starting from $1,650. The second greatest value Ferrum apartment is the 2/1.5 40% AMI Model at Blue Ridge Village Apartments starting at $1,015 with a $0.91 price per square foot in the Gilmer 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. |
|---|---|---|---|
| Brandon Point Apartments | 3BR/2BA Upgraded | 3BR,2BA | $1.38 |
| Blue Ridge Village Apartments | 2/1.5 40% AMI | 2BR,1.5BA | $0.91 |
| Bent Tree | 2 BEDROOM | 2BR,1BA | $1.18 |
| 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 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $1.24 |
| The Cove Apartments | 2x1 | 2BR,1BA | $1.15 |
| North View Apartments | Classic plus | 1BR,1BA | $1.40 |
| School Drive Apartments | One Bedroom | 1BR,1BA | $1.31 |
| 631 Campbell Ave LLC - Residential | 1BR/1.0BA | 1BR,1BA | $1.47 |
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 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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Frequently Asked Questions about Ferrum
What type of rentals are currently available in Ferrum?
There are currently 54 Apartments for Rent in Ferrum, VA with pricing that ranges from $800 to $3,568. There are also 27 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ferrum ranging from $950 to $3,550.
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 $950 to $3,550 with an average monthly rent of $2,079.
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 $3,568, while Three Bedroom Homes, Condos, and Townhomes for rent range from $950 to $3,200. Four Bedroom Single-Family rentals are also available starting from $2,250 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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.