Cheap Homes for Rent near Ferrum, VA from $900 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in Ferrum.

property at 928 Banks Rd S

$750

Total Monthly Price

Total Monthly Price

Base Rent
$750

Total Monthly Price
$750

2 Bedroom, 1.5 Bath Home for Rent

Available Aug 1

928 Banks Rd S

MartinsvilleVA24112
property at 614 Clift St

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

3 Bedroom, 1.5 Bath Home for Rent

Available Jul 31

614 Clift St

MartinsvilleVA24112
property at 305 Granville St

$975

Total Monthly Price

Total Monthly Price

Base Rent
$975

Total Monthly Price
$975

2 Bedroom, 2 Bath Home for Rent

Available Now

305 Granville St

MartinsvilleVA24112
property at 935 Myrtle Rd

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

3 Bedroom, 1 Bath Home for Rent

Available Now

935 Myrtle Rd

MartinsvilleVA24112
property at 412 Virginia St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

412 Virginia St

MartinsvilleVA24112

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.

property at 184 Ramsey Blvd SE

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 2 Bath Home for Rent

Available Now

184 Ramsey Blvd SE

Copper HillVA24079
property at 1207 Daniels Creek Rd

$1,250

Total Monthly Price

Total Monthly Price

Base Rent
$1,250

Total Monthly Price
$1,250

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

1207 Daniels Creek Rd

CollinsvilleVA24078
property at 2016 Sherwood Ave SW

$1,299

Total Monthly Price

Total Monthly Price

Base Rent
$1,299

Total Monthly Price
$1,299

2 Bedroom, 1.5 Bath Home for Rent

Available Now

2016 Sherwood Ave SW

RoanokeVA24015
property at 1234 Pechin Ave SE

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Feb 1, 2027

1234 Pechin Ave SE

RoanokeVA24013
property at 45 Stone Ln

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available Now

45 Stone Ln

Rocky MountVA24151

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.

property at 208 Fayette St

$1,400

Total Monthly Price

Total Monthly Price

Base Rent
$1,400

Total Monthly Price
$1,400

2 Bedroom, 1 Bath Townhome for Rent

Available Now

208 Fayette St

MartinsvilleVA24112

Ferrum, VA Local Guide

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 ListingModel NameBed/BathPriced From
Hill Court Apartments2 Bed 1 Bath2BR,1BA$875
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$895
The Cove Apartments2x12BR,1BA$916
School Drive ApartmentsOne Bedroom1BR,1BA$921
Chief TasselOne Bed - Unfurnished1BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
Brandon Point Apartments3BR/2BA Upgraded3BR,2BA$1.38
Blue Ridge Village Apartments2/1.5 40% AMI2BR,1.5BA$0.91
Bent Tree2 BEDROOM2BR,1BA$1.18
Windy Hill Key2 Bedroom, 2 Bath2BR,2BA$1.31
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.36
Gardens At Grandin - II1BR/1.0BA1BR,1BA$1.24
The Cove Apartments2x12BR,1BA$1.15
North View ApartmentsClassic plus1BR,1BA$1.40
School Drive ApartmentsOne Bedroom1BR,1BA$1.31
631 Campbell Ave LLC - Residential1BR/1.0BA1BR,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.

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Real 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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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

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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.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

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.