Cheap Apartments for Rent in New River, VA from $400 (18 Rentals)

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

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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1119 Downey St.
5 Bedroom Apartments

1119 Downey St.

1119 Downey StRadford, VA 24141
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1207 Lawrence St.
5 Bedroom Apartments

1207 Lawrence St.

1201-1207 Lawrence StRadford, VA 24141
Student Housing
  • 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.

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New River Gardens II
1 to 2 Bedroom Apartments

New River Gardens II

200 Jeffries DrRadford, VA 24141
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10 SW 1st St
1 Bedroom Apartments

10 SW 1st St

10 SW 1st StChristiansburg, VA 24073
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Riverbend Apartments
1 to 4 Bedroom Apartments

Riverbend Apartments

108 Midkiff LnRadford, VA 24141
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

New River, VA Local Guide

Cheapest Available New River Apartments for Rent and Nearby

 

The cheapest available apartment rental in New River, VA is a 5 Beds unit found at Rivers Edge priced from $615. 709/711 Giles in the Downtown Blacksburg neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $670. Here is today’s list of the most affordable New River apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Rivers Edge5BR/3BA5BR,3BA$615
709/711 Giles709-711 Giles Road - Individual Lease3BR,2BA$670
852 Mercer St847 Mercer1BR,1BA$800
Hub Blacksburg2x2 E2BR,2BA$915
Ridgewood Senior (55+)The Dogwood1BR,1BA$960

Best Value Apartments for Rent in New River, VA and Nearby

As of June 29, 2025 the best value apartment in the New River area is the $1.15 price per square foot Abbey Model at 375-395 Skylar Dr in the starting from $1,900. The second greatest value New River apartment is the 3BR/2BA Model at Rivers Edge starting at $615 with a $0.51 price per square foot . Here is today’s list of the best values for New River apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
375-395 Skylar DrAbbey3BR,2BA$1.15
Rivers Edge3BR/2BA3BR,2BA$0.51
Scott's Run Apartments & Townhomes201 Apartments - Individual Bedroom Only3BR,2BA$0.38
709/711 Giles709-711 Giles Road - Individual Lease3BR,2BA$0.62
Ridgewood Place FamilyThe Willow (Family)2BR,2BA$0.93
Fieldstone Apartments - Income Limits ApplyBluefield2BR,2BA$0.96
Hub Blacksburg2x2 E2BR,2BA$0.92
The Landing at Stonegate2x2 Furnished - Apartment2BR,2BA$1.00
852 Mercer St847 Mercer1BR,1BA$1.00
Copper Beech at Radford2BR/1BA - Garden2BR,1BA$0.68

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

Explore New River, VA Rentals by Map

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Frequently Asked Questions about Cheap New River Apartments

What is the Cheapest Studio apartment in New River?

Currently the most affordable Cheap Studio Apartment in New River is at Blacksburg Homestay Village listed at $1,260.

How much is rent for a Cheap One Bedroom New River Apartment?

The lowest price for a Cheap One Bedroom New River Apartment is $800 at 852 Mercer St.

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

Today's best deal for a Cheap Two Bedroom Apartment in New River is starting from $915 at Hub Blacksburg.

What is the most affordable New River Three Bedroom Apartment?

The best deal on a cheap New River Three Bedroom Apartment rental is at 709/711 Giles and starts from $670.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.