Cheap Homes for Rent near Hot Springs, VA from $575 (9 Rentals)

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

property at 123 Circle Dr

$569 - $575

1 Bedroom Rentals

Available Now

123 Circle Dr

White Sulphur SpringsWV24986
property at 2818 Burton Ave NW

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 Bedroom, 1 Bath Home for Rent

Available Now

2818 Burton Ave NW

RoanokeVA24012
property at 3891 Churchville Ave

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Condo for Rent

Available Now

3891 Churchville Ave

ChurchvilleVA24421
property at 603 Strand Rd NE

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Sep 14

603 Strand Rd NE

RoanokeVA24012

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 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
property at 457 Steeles Fort Rd

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Townhome for Rent

Available Oct 1

457 Steeles Fort Rd

RaphineVA24472

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.

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
Craigmont Manor1 Bedroom1BR,1BA$815

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

As of August 22, 2026 the best value apartment in the Hot Springs area is the $1.15 price per square foot 3 BDRM/2 Bath Model at Montague Terrace in the starting from $1,365. The second greatest value Hot Springs apartment is the 2 Bedroom Model at The Aspen starting at $1,449 with a $1.28 price per square foot in the Westview Terrace 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.
Montague Terrace3 BDRM/2 Bath3BR,2BA$1.15
The Aspen2 Bedroom2BR,2BA$1.28
Blue Ridge Village Apartments2/1.5 40% AMI2BR,1.5BA$0.91
North Point2BR2BR,2BA$1.40
Countryside Estates2 Bedroom x 1 Bathroom Classic Floor Plan2BR,1BA$1.22
Middlebrook Trace2 Bed2BR,1.5BA$0.99
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$0.99
River Retreat1 Bedroom1BR,1BA$1.31
Hillcrest Manor Apartments2br2BR,1BA$1.10
Craigmont Manor1 Bedroom1BR,1BA$1.16

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 Hot Springs

What type of rentals are currently available in Hot Springs?

There are currently 48 Apartments for Rent in Hot Springs, VA with pricing that ranges from $690 to $3,920. There are also 29 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hot Springs ranging from $575 to $2,700.

What is the current price range for Rental Homes in Hot Springs?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Hot Springs ranges from $575 to $2,700 with an average monthly rent of $1,527.

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.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

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.