
Cheap Homes for Rent near Independence, VA from $700 (13 Rentals)
Search the lowest-cost Homes available for rent right now in Independence.


108 E Buck Ave

9303 Nc Highway 88 E

210 E Withers Rd

5907 Lee Hwy

609 C St
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.

1380 Old Stage Rd

143 Ridge Crest Dr

120 W Marshall St

860 Church St

545 Roy Goodman Rd

440 Shadow Ln
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.

233 Majestic Vine Ln
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 | $1,432 | $725 | $2,900 |
| Independence 3 Bedroom Homes for Rent | $1,588 | $1,125 | $2,200 |
| Independence 4 Bedroom Homes for Rent | $2,133 | $1,600 | $2,800 |
Browse Top Homes for Rent in Independence
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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 Studio unit found at 197 Old US Highway 321 priced from $725. The Standard at Boone has the second lowest priced unit, which is a 4 Beds apartment currently listed from $749. Here is today’s list of the most affordable Independence apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 197 Old US Highway 321 | Standard Studio Efficiency | Studio,1BA | $725 |
| The Standard at Boone | Tupelo 2 | 4BR,4BA | $749 |
| Marion Manor | 2 Bedroom 1 Bath | 2BR,1BA | $837 |
| Pulaski Lofts | Studios | Studio,1BA | $945 |
| Lofts at Mill Creek Apartments | 1 Bed 1 Bath | 1BR,1BA | $959 |
Best Value Apartments for Rent in Independence, VA and Nearby
As of July 12, 2026 the best value apartment in the Independence area is the $0.86 price per square foot 3BD-2.5BTH Model at Fincastle Farms in the starting from $1,200. The second greatest value Independence apartment is the 3bed/3bath Master Layout Model at Turtle Creek West Apartments starting at $905 with a $0.65 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. |
|---|---|---|---|
| Fincastle Farms | 3BD-2.5BTH | 3BR,2.5BA | $0.86 |
| Turtle Creek West Apartments | 3bed/3bath Master Layout | 3BR,3BA | $0.65 |
| Highpointe | C1 Lodge | 3BR,3BA | $0.67 |
| The Standard at Boone | Oak 1 | 4BR,4BA | $0.71 |
| Mountaineer Village | 3x3 Premium | 3BR,3BA | $0.66 |
| Lofts at Glenhaven | 2 bed classic | 2BR,2BA | $1.02 |
| Positive Way Apartments | Positive Way | 3BR,2BA | $0.78 |
| The Finmore at 241 | B1 | 2BR,2BA | $1.12 |
| Marion Manor | 2 Bedroom 1 Bath | 2BR,1BA | $1.01 |
| Rivers Edge (new) | 2BR/2BA | 2BR,2BA | $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.
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
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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 75 Apartments for Rent in Independence, VA with pricing that ranges from $440 to $3,564. There are also 32 Single Family Homes for rent, Condos, and Townhome rentals currently available in Independence ranging from $725 to $2,900.
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 $725 to $2,900 with an average monthly rent of $1,669.
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 $570 to $3,150, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,125 to $2,200. Four Bedroom Single-Family rentals are also available starting from $1,600 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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.