Cheap Homes for Rent in Ferrum, VA from $700 (7 Rentals)

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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 The Cove Apartments in the South Washington Heights neighborhood priced from $779. 1st Month FREE - Hill Court Apartments in the Upper Martinsville neighborhood 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 ListingModel NameBed/BathPriced From
The Cove Apartments2x12BR,1BA$779
1st Month FREE - Hill Court Apartments1 Bed 1 Bath1BR,1BA$875
The Everett1 Bed 1Bath - 1C1BR,1BA$900

Best Value Apartments for Rent in Ferrum, VA and Nearby

As of June 07, 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 2/1.5 50% AMI Model at Blue Ridge Village Apartments starting at $1,045 with a $0.94 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.
Horton LoftsOne bed 1 1/2 bath1BR,1.5BA$1.13
Blue Ridge Village Apartments2/1.5 50% AMI2BR,1.5BA$0.94
Ridge View3 Bedroom3BR,2BA$1.02
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.28
Flats at Glade Creek2X12BR,1BA$1.32
The View at 7772x1-A2BR,1BA$1.43
The Cove Apartments2x12BR,1BA$0.97
Honeywood Apartments1 Bedroom1BR,1BA$1.39
School Drive ApartmentsOne Bedroom1BR,1BA$1.31
The Everett1 Bed 1Bath - 1A1BR,1BA$1.40

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Frequently Asked Questions about Ferrum

What type of rentals are currently available in Ferrum?

There are currently 42 Apartments for Rent in Ferrum, VA with pricing that ranges from $779 to $4,032. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Ferrum ranging from $750 to $3,000.

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 $3,000 with an average monthly rent of $1,709.

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 $879 to $4,032, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,450 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,895 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.

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The Art of the Rental Viewing: What to look for during a property tour

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

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Navigating the Rental Market: Tips for First-Time Renters

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Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.