
Cheap Homes for Rent in Independence, VA from $700 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Independence.


121 E Main St

201 Church St

108 E Buck Ave
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

210 E Withers Rd

609 C St

252 Wilcox Dr

1380 Old Stage Rd
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.

143 Ridge Crest Dr
Independence, VA Local Guide

How much does it cost to rent a home in Independence?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Independence 2 Bedroom Homes for Rent | $1,656 | $1,200 | $2,900 |
| Independence 3 Bedroom Homes for Rent | $1,828 | $1,350 | $2,400 |
| Independence 4 Bedroom Homes for Rent | $1,783 | $1,350 | $2,000 |
Browse Top Homes for Rent in Independence
Explore Independence
Independence, VA Local Guide
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Cheapest Available Independence Apartments for Rent and Nearby
 The cheapest available apartment rental in Independence, VA is a 1 Bed unit found at Pauli Heights priced from $625. 197 Old US Highway 321 has the second lowest priced unit, which is a Studio apartment currently listed from $725. Here is today’s list of the most affordable Independence apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Pauli Heights | 1 Bedroom | 1BR,1BA | $625 |
| 197 Old US Highway 321 | Standard Studio Efficiency | Studio,1BA | $725 |
| The Standard at Boone | Tupelo 2 | 4BR,4BA | $799 |
Best Value Apartments for Rent in Independence, VA and Nearby
As of May 24, 2026 the best value apartment in the Independence area is the $0.63 price per square foot Trapper's Keep 1 Model at Trapper's Keep 1 in the starting from $875. The second greatest value Independence apartment is the 3BD-2.5BTH Model at Fincastle Farms starting at $1,200 with a $0.86 price per square foot . Here is today’s list of the best values for Independence apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Trapper's Keep 1 | Trapper's Keep 1 | 4BR,4BA | $0.63 |
| Fincastle Farms | 3BD-2.5BTH | 3BR,2.5BA | $0.86 |
| Highpointe | C1 Lodge | 3BR,3BA | $0.74 |
| The Standard at Boone | Oak 1 | 4BR,4BA | $0.71 |
| Mountaineer Village | 3x3 Premium | 3BR,3BA | $0.69 |
| Rivers Edge (new) | 3BR/2BA | 3BR,2BA | $0.48 |
| Lofts at Glenhaven | 2 bed silver | 2BR,2BA | $1.05 |
| Positive Way Apartments | Positive Way | 3BR,2BA | $0.78 |
| Providence Pointe | one bedroom/ one bath | 1BR,1BA | $1.31 |
| Pauli Heights | 1 Bedroom | 1BR,1BA | $0.95 |
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.
Read ArticleReal 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.
Read ArticleQuick 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.
Best Local Schools in Independence, VA
School data provided by Great Schools
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 75 Apartments for Rent in Independence, VA with pricing that ranges from $440 to $3,564. There are also 41 Single Family Homes for rent, Condos, and Townhome rentals currently available in Independence ranging from $775 to $5,500.
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 $775 to $5,500 with an average monthly rent of $1,825.
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 $517 to $3,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,350 to $2,400. Four Bedroom Single-Family rentals are also available starting from $1,350 and Four Bedroom Apartments start at $440.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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.