Cheap Homes for Rent in Independence, VA from $500 (8 Rentals)

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

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 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
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

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.

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

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
Meadowood Apartments2 BR / 1.5 BA Partially renovated2BR,1.5BA$1.18
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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Independence

What type of rentals are currently available in Independence?

There are currently 70 Apartments for Rent in Independence, VA with pricing that ranges from $420 to $3,564. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Independence ranging from $525 to $3,000.

What is the current price range for Rental Homes in Independence?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Independence ranges from $525 to $3,000 with an average monthly rent of $1,796.

How much are larger Three and Four Bedroom Rentals in Independence?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Independence range from $510 to $3,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $420.

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.