Cheap Apartments for Rent in Hot Springs, VA from $700 (28 Rentals)

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

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The Cove Apartments
$971 - $2,075
Total Monthly Price

Total Monthly Price

Base Rent
$916 - $2,020
Required Monthly Fees
$55

Total Monthly Price
$971 - $2,075
2 to 3 Bedroom Apartments Available Mar 12

The Cove Apartments

3816 Panorama Ave NWRoanoke, VA 24017
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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Sterlingwood Apartments
Rent Specials
$1,040 - $1,454
Total Monthly Price

Total Monthly Price

Base Rent
$1,025 - $1,439
Required Monthly Fees
$15

Total Monthly Price
$1,040 - $1,454
1 to 2 Bedroom Apartments Available Now

Sterlingwood Apartments

2215 Montauk RdRoanoke, VA 24017
Family Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 123 Circle Dr

$627

2 Bedroom Rentals

Available Now

123 Circle Dr

White Sulphur SpringsWV24986

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.

property at 60 Deer Crossing Ln

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

2 Bedroom, 1 Bath Home for Rent

Available Now

60 Deer Crossing Ln

LexingtonVA24450
property at 749 Orchard Ave

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

2 Bedroom, 1 Bath Home for Rent

Available Now

749 Orchard Ave

Buena VistaVA24416
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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 2378 Beech Ave

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

2 Bedroom, 1 Bath Home for Rent

Available Now

2378 Beech Ave

Buena VistaVA24416
property at 307 Wintergreen Ave

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1.5 Bath Home for Rent

Available Mar 1

307 Wintergreen Ave

Clifton ForgeVA24422
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

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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.

property at 506 1/2 S Main St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available Jul 1

506 1/2 S Main St

LexingtonVA24450
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2407 Bare St.
2 Bedroom Apartments

2407 Bare St.

2407 Bare StStaunton, VA 24401
property at 1704 10th St NW

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

1704 10th St NW

RoanokeVA24012
property at 949 Hunt Ave NW

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

949 Hunt Ave NW

RoanokeVA24012
property at 62 Birchwood Ln

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Mar 1

62 Birchwood Ln

CloverdaleVA24077

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

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 ListingModel NameBed/BathPriced From
Heintz House1 Bed, 1 bath1BR,1BA$145
Hillcrest Manor Apartments1br1BR,1BA$700
Ridgeview ApartmentsStudioStudio,1BA$710
Craigmont Manor1 Bedroom1BR,1BA$815
Overlook RidgeTwo Bedroom2BR,1BA$902
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$926
4419-4425 Lela Ave NE1 Bed 1 Bath1BR,1BA$975
Middlebrook Trace2 Bed2BR,1BA$1,015
Sterlingwood Apartments1 Bedroom/1 Bathroom Classic Floor Plan1BR,1BA$1,040
Montague TerraceHandicap Accessible Unit 3Bedroom/2 Bathroom3BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
WestWind Apartment Homes2 bedroom2BR,1.5BA$1.10
Blue Ridge Village Apartments2/1.5 50% AMI2BR,1.5BA$0.94
Overlook RidgeTwo Bedroom2BR,1.5BA$0.84
Montague Terrace2 BDRM/2 Bath2BR,2BA$1.08
Countryside Estates2 Bedroom x 1 Bathroom Classic Floor Plan2BR,1BA$1.15
Middlebrook Trace2 Bed2BR,1.5BA$0.99
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$0.93
Craigmont Manor1 Bedroom1BR,1BA$1.16
Heintz House1 Bed, 1 bath1BR,1BA$0.22
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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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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 $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

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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.

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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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

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.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.