Cheap Apartments for Rent in Independence, VA from $400 (30 Rentals)

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

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Grayson Manor
1 Bedroom Apartments

Grayson Manor

224 Nichols DrIndependence, VA 24348
Senior Living
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Red Coat Manor Apartments
$675 - $810
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$675 - $810

Total Monthly Price
$675 - $810
2 Bedroom Apartments Available Now

Red Coat Manor Apartments

1201-1207 Clement StRadford, VA 24141
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

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Lofts at Mill Creek Apartments
$985 - $1,210
Total Monthly Price

Total Monthly Price

Base Rent
$970 - $1,195
Required Monthly Fees
$15

Total Monthly Price
$985 - $1,210
1 to 2 Bedroom Apartments Available Now

Lofts at Mill Creek Apartments

100 Stagecoach RdWinston-Salem, NC 27105
Student Housing
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  • Customer Reviewed
  • 3D Tour
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Forest Hills at Belview
1 to 4 Bedroom Apartments

Forest Hills at Belview

180 Belview DrRadford, VA 24141
Corporate Housing
  • Utilities Included

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.

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Eagle Valley
1 to 4 Bedroom Apartments

Eagle Valley

150 Eagle Valley DrCedar Bluff, VA 24609
Student Housing
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852 Mercer St
Studio to 1 Bedroom Apartments

852 Mercer St

852 Mercer StPrinceton, WV 24740
  • Utilities Included
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The Flats at Salem
1 to 2 Bedroom Apartments

The Flats at Salem

2500 Towergate CirWinston-Salem, NC 27106

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.

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10 SW 1st St
1 to 2 Bedroom Apartments

10 SW 1st St

10 SW 1st StChristiansburg, VA 24073
  • Utilities Included
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Ridgewood Senior (55+)
1 to 2 Bedroom Apartments

Ridgewood Senior (55+)

100 Ridgewood LnRadford, VA 24141
Senior Living
  • Utilities Included
property at 108 E Buck Ave

$900 - $1,800

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

1 To 5 Bedroom Rentals

Available Now

108 E Buck Ave

Rural RetreatVA24368
property at 204 Maple Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Condo for Rent

Available Now

204 Maple Ave

Rural RetreatVA24368

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.

property at 222 Farmington Rd

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

3 Bedroom, 2 Bath Home for Rent

Available Now

222 Farmington Rd

WoodlawnVA24381

Independence, VA Local Guide

Cheapest Available Independence Apartments for Rent and Nearby

 

The cheapest available apartment rental in Independence, VA is a 1 Bed unit found at Towne Center Apartments priced from $600. Red Coat Manor Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $675. Here is today’s list of the most affordable Independence apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Towne Center Apartments1 Bed, 1 bath1BR,1BA$600
Red Coat Manor ApartmentsE/I2BR,1BA$675
Forrest EdgeForrest Edge Townhomes! - 1 Bed/1Bath in 4 Bedr...4BR,4BA$750
New River FarmsNew River Farms - 4bd/2ba: Centrally Located! P...4BR,2BA$800
197 Old US Highway 321Standard Studio EfficiencyStudio,1BA$850
Lofts at Glenhaven1A Classic1BR,1BA$850
Pulaski LoftsStudiosStudio,1BA$895
The Railwalk Apartments1BR/1.0BA1BR,1BA$900
Boone Student LivingGC-D14BR,4BA$925
PCP Master Tenant, LLC. - ResidentialApt 2041BR,1BA$945

Best Value Apartments for Rent in Independence, VA and Nearby

As of February 22, 2026 the best value apartment in the Independence area is the $0.92 price per square foot 3 Story Model at 375-395 Skylar Dr in the starting from $1,700. The second greatest value Independence apartment is the Trapper's Keep 1 Model at Trapper's Keep 1 starting at $875 with a $0.63 price per square foot . Here is today’s list of the best values for Independence apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
375-395 Skylar Dr3 Story3BR,3.5BA$0.92
Trapper's Keep 1Trapper's Keep 14BR,4BA$0.63
Fincastle Farms3BD-2.5BTH3BR,2.5BA$0.86
HighpointeC1 Lodge3BR,3BA$0.81
Mountaineer Village3x3 Premium3BR,3BA$0.85
Boone Student LivingCV-C23BR,3BA$0.81
Promise Landing Apartments2 Bed 1.5 Bath 2 Levels - B22BR,1.5BA$1.05
New River FarmsNew River Farms - 4bd/2ba: Centrally Located! P...4BR,2BA$0.84
Copper Beech at Radford2BR/1BA - Garden2BR,1BA$0.79
Towne Center Apartments1 Bed, 1 bath1BR,1BA$1.06

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

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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 Cheap Independence Apartments

What is the Cheapest Studio apartment in Independence?

Currently the most affordable Cheap Studio Apartment in Independence is at 197 Old US Highway 321 listed at $850.

How much is rent for a Cheap One Bedroom Independence Apartment?

The lowest price for a Cheap One Bedroom Independence Apartment is $600 at Towne Center Apartments.

What is the lowest price for a Cheap Two Bedroom Independence Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Independence is starting from $675 at Red Coat Manor Apartments.

What is the most affordable Independence Three Bedroom Apartment?

The best deal on a cheap Independence Three Bedroom Apartment rental is at Boone Student Living and starts from $925.

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.

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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.

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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.

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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.