Cheap Homes for Rent in Hot Springs, VA from $700 (20 Rentals)

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

property at 8188 Lee Hwy

$265

Total Monthly Price

Total Monthly Price

Base Rent
$265

Total Monthly Price
$265

Studio, 1 Bath Condo for Rent

Available Now

8188 Lee Hwy

TroutvilleVA24175
property at 60 Deer Crossing Ln

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 1 Bath Home for Rent

Available Now

60 Deer Crossing Ln

LexingtonVA24450
property at 67 Old Buena Vista Rd

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

67 Old Buena Vista Rd

LexingtonVA24450
property at 922 12th St SE

$899

Total Monthly Price

Total Monthly Price

Base Rent
$899

Total Monthly Price
$899

2 Bedroom, 1 Bath Home for Rent

Available Now

922 12th St SE

RoanokeVA24013
property at 915 Woodland Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

915 Woodland Ave

Buena VistaVA24416

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 2803 Burton Ave NW

$949

Total Monthly Price

Total Monthly Price

Base Rent
$949

Total Monthly Price
$949

2 Bedroom, 1 Bath Home for Rent

Available Now

2803 Burton Ave NW

RoanokeVA24012
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 1266 Oak Ave

$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 May 1

1266 Oak Ave

Buena VistaVA24416
property at 208 Miller St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

208 Miller St

LexingtonVA24450

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 116 1/2 Houston St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

116 1/2 Houston St

LexingtonVA24450
property at 1612 Campbell Ave SE

$1,023

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,023

Total Monthly Price
$1,023

3 Bedroom, 1 Bath Home for Rent

Available Now

1612 Campbell Ave SE

RoanokeVA24013
property at 12 Miller St

$1,100

Total Monthly Price8 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Now

12 Miller St

StauntonVA24401
property at 10 Chocklett 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 Jun 1

10 Chocklett Ln

LexingtonVA24450
property at 1308 Maple Ave

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Now

1308 Maple Ave

Buena VistaVA24416
property at 959 Georgetown St

$1,150

Total Monthly Price

Total Monthly Price

Base Rent
$1,150

Total Monthly Price
$1,150

2 Bedroom, 1 Bath Condo for Rent

Available Apr 10

959 Georgetown St

StauntonVA24401

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.

property at 603 Strand Rd NE

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

3 Bedroom, 1 Bath Home for Rent

Available Now

603 Strand Rd NE

RoanokeVA24012
property at 2329 Moir St NE

$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 May 11

2329 Moir St NE

RoanokeVA24012

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 Hillcrest Manor Apartments priced from $700. Ridgeview Apartments in the Monterey neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $710. Here is today’s list of the most affordable Hot Springs apartments for rent:

Apartment ListingModel NameBed/BathPriced From
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

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

As of April 04, 2026 the best value apartment in the Hot Springs area is the $1.26 price per square foot 2 Bedroom Model at The Aspen in the in the Westview Terrace neighborhood starting from $1,549. The second greatest value Hot Springs apartment is the 2/1.5 50% AMI Model at Blue Ridge Village starting at $1,173 with a $1.05 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.
The Aspen2 Bedroom2BR,2BA$1.26
Blue Ridge Village2/1.5 50% AMI2BR,1.5BA$1.05
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
Overlook RidgeThree Bedroom3BR,2BA$1.26
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$0.93
Frontier Apartments2BR 1BA Upgraded2BR,1BA$1.31
Craigmont Manor1 Bedroom1BR,1BA$1.16
Hillcrest Manor Apartments1br1BR,1BA$1.08

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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Quick 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.

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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 47 Apartments for Rent in Hot Springs, VA with pricing that ranges from $700 to $3,695. There are also 45 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hot Springs ranging from $265 to $3,400.

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 $265 to $3,400 with an average monthly rent of $1,692.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.