Cheap Homes for Rent in Hot Springs, VA from $700 (12 Rentals)

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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.

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.

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. Ridgeview Apartments in the Monterey neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $660. 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
Ridgeview ApartmentsStudioStudio,1BA$660
Hillcrest Manor Apartments1br1BR,1BA$675
Blue Ridge Village Apartments1/1 40% AMI1BR,1BA$696
Sterlingwood Apartments1 Bedroom/1 Bathroom Classic Floor Plan1BR,1BA$995

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

As of September 19, 2025 the best value apartment in the Hot Springs area is the $1.06 price per square foot 2 Bedroom River View Model at River Retreat in the starting from $1,199. 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.
River Retreat2 Bedroom River View2BR,2BA$1.06
Blue Ridge Village Apartments2/1.5 50% AMI2BR,1.5BA$0.94
North Point2BR2BR,2BA$1.27
Montague Terrace2 BDRM/2 Bath2BR,2BA$1.08
Countryside Estates2 Bedroom x 1 Bathroom Classic Floor Plan2BR,1BA$1.08
Middlebrook Trace2 Bed2BR,1.5BA$0.99
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$1.11
648 Farm Road2 Bedroom Lewisburg2BR,1BA$1.22
Hillcrest Manor Apartments2br2BR,1BA$1.06
Heintz House1 Bed, 1 bath1BR,1BA$0.22

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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 41 Apartments for Rent in Hot Springs, VA with pricing that ranges from $145 to $2,990. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in Hot Springs ranging from $299 to $3,600.

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 $299 to $3,600 with an average monthly rent of $1,702.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Written by: Christine Leonard, Esq.

Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.