
Cheap Apartments for Rent in New River, VA from $400 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in New River.


709/711 Giles

Ridgeview Apartments

Chasewood Apartments

Individual Leases In Remodeled Clover Valley Townhome

1025 Grove Ave

Pulaski Lofts

Hearthstone
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.

Lantern Ridge Apartments

North View Apartments

The Mill at Blacksburg

Shawnee Apartments

Apartment Heights

1114 Clement Street, 2 and 5 beds

Heather Glen Apartments

Forest Hills at Belview
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.

1119 Downey St.

1207 Lawrence St.

852 Mercer St

1209 Downey St

New River Gardens II

New River Gardens I

1701 Grove Ave

208 Wharton St
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.

1128 Pickett St

520 Tyler Ave

Riverbend Apartments

10 SW 1st St

Georgetown Townhomes

Ridgewood Senior (55+)

450 Stuart St

Terpence Apartments
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

How much does it cost to rent an apartment in New River?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New River Studio Apartments | $1,286 | $795 | $2,160 |
| New River 1 Bedroom Apartments | $1,350 | $600 | $2,057 |
| New River 2 Bedroom Apartments | $1,303 | $505 | $3,510 |
| New River 3 Bedroom Apartments | $1,315 | $425 | $3,155 |
| New River 4 Bedroom Apartments | $1,214 | $415 | $4,140 |
Browse Top Apartments in New River
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New River, VA Local Guide
- Nearby Cities
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Cheapest Available New River Apartments for Rent and Nearby
 The cheapest available apartment rental in New River, VA is a 1 Bed unit found at Red Coat Manor Apartments priced from $600. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Red Coat Manor Apartments | A/B | 1BR,1BA | $600 |
| 709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $670 |
| Pulaski Lofts | Studios | Studio,1BA | $895 |
| Hearthstone | 120 E Hearthstone | 1BR,1BA | $900 |
| Lantern Ridge Apartments | One Bedroom Units | 1BR,1BA | $1,024 |
| North View Apartments | Classic plus | 1BR,1BA | $1,049 |
| Chasewood Apartments | 1BR | 1BR,1BA | $1,080 |
| Apartment Heights | 2 Bedrooms Apt | 2BR,1BA | $1,100 |
| The View at 777 | One Bedroom | 1BR,1BA | $1,120 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1,131 |
Best Value Apartments for Rent in New River, VA and Nearby
As of January 19, 2026 the best value apartment in the New River area is the $0.53 price per square foot D1 - 4 Bed x 4.5 Baths Model at Haven - Blacksburg in the in the Downtown Blacksburg neighborhood starting from $1,090. The second greatest value New River apartment is the 3 Story Model at 375-395 Skylar Dr starting at $1,700 with a $0.92 price per square foot . Here is today’s list of the best values for New River apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Haven - Blacksburg | D1 - 4 Bed x 4.5 Baths | 4BR,4.5BA | $0.53 |
| 375-395 Skylar Dr | 3 Story | 3BR,3.5BA | $0.92 |
| New Kent Townhomes-Townside Apartments | 4 Bedroom | 4BR,3BA | $1.33 |
| Collegiate Suites of Blacksburg | 4/2 - Hunters Ridge | 4BR,2BA | $0.86 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1.06 |
| Apartment Heights | 2 Bedrooms Townhome | 2BR,1BA | $1.20 |
| The Landing at Stonegate | Available for the 2026-2027 lease term | 2BR,2BA | $1.10 |
| Maple Ridge Townhomes | 2 Bedroom Luxury | 2BR,1.5BA | $1.25 |
| Copper Beech at Radford | 2BR/1BA - Garden | 2BR,1BA | $0.68 |
| East Roanoke Street | 3-Bedroom | 3BR,1BA | $1.03 |
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 ArticleThe 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.
Read ArticleCash 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.
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore New River, VA Rentals by Map
See the most popular apartments and homes in New River, VA
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 Pulaski Lofts listed at $895.
How much is rent for a Cheap One Bedroom New River Apartment?
The lowest price for a Cheap One Bedroom New River Apartment is $600 at Red Coat Manor Apartments.
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 $675 at Red Coat Manor Apartments.
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
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 Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!