Cheap Apartments for Rent in Long Island, VA from $500 (19 Rentals)

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

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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Holland House
1 to 2 Bedroom Apartments

Holland House

3710 Fort AveLynchburg, VA 24501
  • 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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Midtown on 12th
Studio to 1 Bedroom Apartments

Midtown on 12th

1701 12th StLynchburg, VA 24501
  • Utilities Included
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Midtown Lofts
1 to 2 Bedroom Apartments

Midtown Lofts

2734 Fort AveLynchburg, VA 24501
  • Utilities Included

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.

Long Island, VA Local Guide

Cheapest Available Long Island Apartments for Rent and Nearby

 

The cheapest available apartment rental in Long Island, VA is a 1 Bed unit found at Cardinal's Crest Apartments priced from $770. Wesley Apartments - Senior Living Community in the Wyndhurst neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here is today’s list of the most affordable Long Island apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cardinal's Crest Apartments1 Bedroom1BR,1BA$770
Wesley Apartments - Senior Living CommunityStudio (Stair Access)Studio,1BA$790
Beechwood1 Bed/ 1 Bath1BR,1BA$820
Ivy Ridge2 BR2BR,1BA$895
Church Street Townhomes1 Bedroom, 1 Bathroom1BR,1BA$895

Best Value Apartments for Rent in Long Island, VA and Nearby

As of December 24, 2025 the best value apartment in the Long Island area is the $0.94 price per square foot 3BR 2.5BA Model at 100 Independence Ln in the in the Wyndhurst neighborhood starting from $1,695. The second greatest value Long Island apartment is the CSQ II Model at The Vue at College Square (Student Housing) starting at $750 with a $0.44 price per square foot in the Montview neighborhood. Here is today’s list of the best values for Long Island apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
100 Independence Ln3BR 2.5BA3BR,2.5BA$0.94
The Vue at College Square (Student Housing)CSQ II3BR,3.5BA$0.44
The Reserve -All Utilities Included&Furnished3 Bedroom - All Inclusive3BR,3.5BA$0.58
Kendall Square3 Bed/ 2 Bath3BR,2BA$1.01
WillowBrook Luxury ApartmentsPhase 2-Call for availability before applying4BR,2BA$1.14
The Flats at Cornerstone (Student Housing)The Flats3BR,3BA$0.58
The Gables of Spring Creek2B/2B-Mulberry2BR,2BA$1.16
Park Place Apartments3BR/2BA Renovated3BR,2BA$1.16
Forestbrook Apartments3 Bed/ 2 Bath3BR,2BA$0.98
Grand VistasDogwood1BR,1BA$1.08

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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Pet Friendly Lifestyle
Long Island, VA

Ranked #168

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Cheap Long Island Apartments

What is the Cheapest Studio apartment in Long Island?

Currently the most affordable Cheap Studio Apartment in Long Island is at Wesley Apartments - Senior Living Community listed at $790.

How much is rent for a Cheap One Bedroom Long Island Apartment?

The lowest price for a Cheap One Bedroom Long Island Apartment is $770 at Cardinal's Crest Apartments.

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

Today's best deal for a Cheap Two Bedroom Apartment in Long Island is starting from $895 at Ivy Ridge.

What is the most affordable Long Island Three Bedroom Apartment?

The best deal on a cheap Long Island Three Bedroom Apartment rental is at Park Place Apartments and starts from $1,050.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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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!