Cheap Apartments for Rent near Nelson, VA from $500 (41 Rentals)

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

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.

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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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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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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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property at 3553 Reeves Mill Rd

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000
Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

3553 Reeves Mill Rd

SutherlinVA24594

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Warrenton Village
2 Bedroom Apartments

Warrenton Village

118 Warrenton Village DrWarrenton, NC 27589
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Nelson, VA Local Guide

Cheapest Available Nelson Apartments for Rent and Nearby

 

The cheapest available apartment rental in Nelson, VA is a 1 Bed unit found at Dillard School priced from $533. Monarch Apartments in the Downtown Durham neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $799. Here is today’s list of the most affordable Nelson apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Dillard School1 Bed, 1 bath1BR,1BA$533
Monarch ApartmentsMonarch - StudioStudio,1BA$799
Daniel Hill Apartments2 Bed 1 Bath2BR,1BA$820
The Oaks at NorthgateThe Oak2BR,1BA$899
Strawberry Hill Apartments1 Bed 1 Bath1BR,1BA$900
Northpointe11BR,1BA$900
Lynn Street Lofts2BR/2.0BA2BR,2BA$929
Crystal VillageEmerald1BR,1BA$949
SoHo Apartment Homes1x1 Standard-Call for Availability1BR,1BA$950
BLU Station ApartmentsOne Bedroom Standard-Call For Availability1BR,1BA$975

Best Value Apartments for Rent in Nelson, VA and Nearby

As of July 13, 2026 the best value apartment in the Nelson area is the $0.77 price per square foot 2BR/2.0BA Model at Lynn Street Lofts in the starting from $929. The second greatest value Nelson apartment is the 2BR/2.0BA Model at Ferrell Historic Lofts starting at $1,450 with a $1.30 price per square foot . Here is today’s list of the best values for Nelson apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Lynn Street Lofts2BR/2.0BA2BR,2BA$0.77
Ferrell Historic Lofts2BR/2.0BA2BR,2BA$1.30
New Brick Historic Lofts2BR/2.0BA2BR,2BA$1.28
Dan River CrossingDRC 1bedroom - Upgrade1BR,1BA$1.24
Stonewood ApartmentsBirchwood2BR,1BA$1.33
Madison Pointe2 Bedoom 1.5 Bathoom2BR,1.5BA$1.30
Rippling Stream Townhomes1x1.51BR,1.5BA$1.26
Daniel Hill Apartments2 Bed 1 Bath2BR,1BA$1.03
Element at CreeksideOne Bedroom1BR,1BA$1.31
Dillard School1 Bed, 1 bath1BR,1BA$0.79

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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Real 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.

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Quick 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.

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

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Frequently Asked Questions about Cheap Nelson Apartments

What is the Cheapest Studio apartment in Nelson?

Currently the most affordable Cheap Studio Apartment in Nelson is at Monarch Apartments listed at $799.

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

The lowest price for a Cheap One Bedroom Nelson Apartment is $533 at Dillard School.

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

Today's best deal for a Cheap Two Bedroom Apartment in Nelson is starting from $820 at Daniel Hill Apartments.

What is the most affordable Nelson Three Bedroom Apartment?

The best deal on a cheap Nelson Three Bedroom Apartment rental is at The Oaks at Northgate and starts from $1,399.

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 Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

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.

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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.

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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.

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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.