Cheap Apartments for Rent in Hot Springs, VA from $600 (17 Rentals)

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Search the lowest-cost Apartments available for rent right now in Hot Springs.

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Ridgeview Apartments
Rent Specials
$690 - $760
Total Monthly Price

Total Monthly Price

Base Rent
$690 - $760

Total Monthly Price
$690 - $760
Studio to 1 Bedroom Apartments Available Now

Ridgeview Apartments

5300 Hawthorne RdRoanoke, VA 24012
Senior Living
  • Verified
  • Utilities Included
  • Low Income
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Frontier Apartments
$799 - $1,499
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$799 - $1,499

Total Monthly Price
$799 - $1,499
1 to 2 Bedroom Apartments Contact Us For Availability

Frontier Apartments

4302-4410 Plantation Rd NERoanoke, VA 24012
Affordability
  • Verified
  • Customer Reviewed
  • 3D Tour

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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The Cove Apartments
$971 - $1,109
Total Monthly Price

Total Monthly Price

Base Rent
$916 - $1,054
Required Monthly Fees
$55

Total Monthly Price
$971 - $1,109
2 to 3 Bedroom Apartments Available Jul 1

The Cove Apartments

3816 Panorama Ave NWRoanoke, VA 24017
Corporate Housing
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  • Customer Reviewed
  • 3D Tour
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Heintz House
1 Bedroom Apartments

Heintz House

83 Health Center DrUnion, WV 24983
  • Utilities Included
property at 8188 Lee Hwy

$325

Total Monthly Price

Total Monthly Price

Base Rent
$325

Total Monthly Price
$325

Studio, 1 Bath Condo for Rent

Available Now

8188 Lee Hwy

TroutvilleVA24175

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.

property at 69 Lloyd Tolley Rd

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 1 Bath Home for Rent

Available Now

69 Lloyd Tolley Rd

Natural Bridge StationVA24579
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4306 Williamson Rd NW
2 Bedroom Apartments

4306 Williamson Rd NW

4306 Williamson Rd NWRoanoke, VA 24012
  • Utilities Included
property at 1205 Hawthorne Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

1205 Hawthorne Ave

Buena VistaVA24416
property at 2516 Oakland Blvd NW

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

2516 Oakland Blvd NW

RoanokeVA24012

Cash 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.

Hot Springs, VA Local Guide

Cheapest Available Hot Springs Apartments for Rent and Nearby

 

The cheapest available apartment rental in Hot Springs, VA is a Studio unit found at Ridgeview Apartments in the Monterey neighborhood priced from $690. 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 ListingModel NameBed/BathPriced From
Ridgeview ApartmentsStudioStudio,1BA$690
Hillcrest Manor Apartments1br1BR,1BA$700
Schoolhouse Apartments1 bed1BR,1BA$800
Craigmont Manor1 Bedroom1BR,1BA$815
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$926

Best Value Apartments for Rent in Hot Springs, VA and Nearby

As of May 25, 2026 the best value apartment in the Hot Springs area is the $1.04 price per square foot 3 Bedroom x 1.5 Bathroom Classic Floor Plan Model at Countryside Estates in the in the Peachtree Norwood neighborhood starting from $1,430. The second greatest value Hot Springs apartment is the 2BR Model at North Point starting at $1,549 with a $1.40 price per square foot in the Peachtree Norwood neighborhood. Here is today’s list of the best values for Hot Springs apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Countryside Estates3 Bedroom x 1.5 Bathroom Classic Floor Plan3BR,1.5BA$1.04
North Point2BR2BR,2BA$1.40
Montague Terrace2 BDRM/2 Bath2BR,2BA$1.08
The Crest ApartmentsThree Bedroom Two Bathroom3BR,2BA$1.27
Middlebrook Trace2 Bed2BR,1.5BA$0.99
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$0.93
Mountain Ridge Apartments2x12BR,1BA$1.22
Schoolhouse Apartments1 bed1BR,1BA$0.90
Craigmont Manor1 Bedroom1BR,1BA$1.16
Hillcrest Manor Apartments1br1BR,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.

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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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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 $690.

How much is rent for a Cheap One Bedroom Hot Springs Apartment?

The lowest price for a Cheap One Bedroom Hot Springs Apartment is $700 at Hillcrest Manor Apartments.

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

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A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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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.