
Cheap Apartments for Rent in Hot Springs, VA from $700 (28 Rentals)
Search the lowest-cost Apartments available for rent right now in Hot Springs.


Hillcrest Manor Apartments

Ridgeview Apartments

Craigmont Manor

Overlook Ridge

Total Monthly Price
Peters Creek Apartments - Tax Credit

Total Monthly Price
The Cove Apartments
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.

4419-4425 Lela Ave NE

Middlebrook Trace

Total Monthly Price
Sterlingwood Apartments

River Retreat

Montague Terrace

Frontier Apartments

123 Circle Dr
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.

60 Deer Crossing Ln

749 Orchard Ave

4306 Williamson Rd NW

2378 Beech Ave

307 Wintergreen Ave

3648 Davis Stuart Rd

2516 Oakland Blvd NW
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.

The Flats at Rutgers

210 Cardinal Wy

506 1/2 S Main St

2407 Bare St.

1704 10th St NW

949 Hunt Ave NW

62 Birchwood Ln
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.
Hot Springs, VA Local Guide

How much does it cost to rent an apartment in Hot Springs?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Hot Springs Studio Apartments | $710 | $710 | $710 |
| Hot Springs 1 Bedroom Apartments | $1,376 | $145 | $2,955 |
| Hot Springs 2 Bedroom Apartments | $1,651 | $765 | $3,290 |
| Hot Springs 3 Bedroom Apartments | $2,017 | $1,047 | $4,175 |
Browse Top Apartments in Hot Springs
See all Apartments in Hot SpringsExplore Hot Springs
Hot Springs, VA Local Guide
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Cheapest Available Hot Springs Apartments for Rent and Nearby
 The cheapest available apartment rental in Hot Springs, VA is a 1 Bed unit found at Heintz House priced from $145. Hillcrest Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Hot Springs apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Heintz House | 1 Bed, 1 bath | 1BR,1BA | $145 |
| Hillcrest Manor Apartments | 1br | 1BR,1BA | $700 |
| Ridgeview Apartments | Studio | Studio,1BA | $710 |
| Craigmont Manor | 1 Bedroom | 1BR,1BA | $815 |
| Overlook Ridge | Two Bedroom | 2BR,1BA | $902 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $926 |
| 4419-4425 Lela Ave NE | 1 Bed 1 Bath | 1BR,1BA | $975 |
| Middlebrook Trace | 2 Bed | 2BR,1BA | $1,015 |
| Sterlingwood Apartments | 1 Bedroom/1 Bathroom Classic Floor Plan | 1BR,1BA | $1,040 |
| Montague Terrace | Handicap Accessible Unit 3Bedroom/2 Bathroom | 3BR,2BA | $1,075 |
Best Value Apartments for Rent in Hot Springs, VA and Nearby
As of February 21, 2026 the best value apartment in the Hot Springs area is the $1.10 price per square foot 2 bedroom Model at WestWind Apartment Homes in the in the Gilmer neighborhood starting from $1,249. The second greatest value Hot Springs 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 Hot Springs apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| WestWind Apartment Homes | 2 bedroom | 2BR,1.5BA | $1.10 |
| Blue Ridge Village Apartments | 2/1.5 50% AMI | 2BR,1.5BA | $0.94 |
| Overlook Ridge | Two Bedroom | 2BR,1.5BA | $0.84 |
| Montague Terrace | 2 BDRM/2 Bath | 2BR,2BA | $1.08 |
| Countryside Estates | 2 Bedroom x 1 Bathroom Classic Floor Plan | 2BR,1BA | $1.15 |
| Middlebrook Trace | 2 Bed | 2BR,1.5BA | $0.99 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $0.93 |
| Craigmont Manor | 1 Bedroom | 1BR,1BA | $1.16 |
| Heintz House | 1 Bed, 1 bath | 1BR,1BA | $0.22 |
| Hillcrest Manor Apartments | 1br | 1BR,1BA | $1.08 |
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
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Hot Springs, VA Rentals by Map
See the most popular apartments and homes in Hot Springs, VA
Frequently Asked Questions about Cheap Hot Springs Apartments
What is the Cheapest Studio apartment in Hot Springs?
Currently the most affordable Cheap Studio Apartment in Hot Springs is at Ridgeview Apartments listed at $710.
How much is rent for a Cheap One Bedroom Hot Springs Apartment?
The lowest price for a Cheap One Bedroom Hot Springs Apartment is $145 at Heintz House.
What is the lowest price for a Cheap Two Bedroom Hot Springs Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Hot Springs is starting from $765 at Hillcrest Manor Apartments.
What is the most affordable Hot Springs Three Bedroom Apartment?
The best deal on a cheap Hot Springs Three Bedroom Apartment rental is at Peters Creek Apartments - Tax Credit and starts from $1,047.
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

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.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.