
Cheap Apartments for Rent near New River, VA from $400 (34 Rentals)
Search the lowest-cost Apartments available for rent right now in New River.


709/711 Giles

New River Gardens I

Total Monthly Price
The Grand at the Riverway

Chasewood Apartments

Hearthstone

Total Monthly Price
Pulaski Lofts

Lantern Ridge Apartments
Rent According to Income: A Look at Income-Restricted Rentals
Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

North View Apartments

108 S Franklin St

Shawnee Apartments

Ridgeview Apartments

Total Monthly Price
Apartment Heights

Total Monthly Price
Fieldstone Family

Total Monthly Price
The Hillside

1114 Clement St
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.

Heather Glen Apartments

Forest Hills at Belview

1119 Downey St

852 Mercer St

208 Wharton St

207 Burch St

1011-1013 Grove Ave

New River Gardens II
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

101 Felix Dr

Red Coat Manor Apartments

10 SW 1st St

Riverbend Apartments

Georgetown Townhomes

Ridgewood Senior (55+)

1110 Calhoun St

Terpence Apartments
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.

Willow Woods Apartments

5982 Old Rte 11
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 | $1,347 | $830 | $1,935 |
| New River 1 Bedroom Apartments | $1,251 | $695 | $2,424 |
| New River 2 Bedroom Apartments | $1,601 | $580 | $3,390 |
| New River 3 Bedroom Apartments | $1,757 | $660 | $2,964 |
| New River 4 Bedroom Apartments | $1,552 | $1,005 | $4,000 |
Browse Top Apartments in New River
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New River, VA Local Guide
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Cheapest Available New River Apartments for Rent and Nearby
 The cheapest available apartment rental in New River, VA is a 2 Beds unit found at Legacy on Main in the Downtown Blacksburg neighborhood priced from $580. 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 |
|---|---|---|---|
| Legacy on Main | 2-Bedroom | 2BR,2BA | $580 |
| 709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $670 |
| Hearthstone | 120 E Hearthstone | 1BR,1BA | $900 |
| Pulaski Lofts | Studios | Studio,1BA | $945 |
| The Grand at the Riverway | 1X1TH | 1BR,1BA | $975 |
| North View Apartments | Classic plus | 1BR,1BA | $1,049 |
| Chasewood Apartments | 1BR | 1BR,1BA | $1,080 |
| Apartment Heights | 1 Bedroom | 1BR,1BA | $1,130 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1,131 |
| Ridgewood Place Family | The Willow (Family) | 2BR,2BA | $1,243 |
Best Value Apartments for Rent in New River, VA and Nearby
As of July 24, 2026 the best value apartment in the New River area is the $1.13 price per square foot 4x2 Apartment Model at 131-133 E Main St in the starting from $1,500. The second greatest value New River apartment is the 4 Bed 2 Bath Model at 1200 Clement St starting at $1,560 with a $1.20 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. |
|---|---|---|---|
| 131-133 E Main St | 4x2 Apartment | 4BR,2BA | $1.13 |
| 1200 Clement St | 4 Bed 2 Bath | 4BR,2BA | $1.20 |
| New River Townhomes | 130 Bozeman Trail NW | 3BR,2.5BA | $1.41 |
| Terrace View | 3Ax1.5 T2 | 3BR,1.5BA | $0.82 |
| Ridgewood Village | 3A | 3BR,1BA | $1.34 |
| Ridgewood Place Family | The Willow (Family) | 2BR,2BA | $1.16 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1.06 |
| The Odyssey | 2 Beds, 2 baths | 2BR,2BA | $1.54 |
| Apartment Heights | 1 Bedroom | 1BR,1BA | $1.51 |
| North View Apartments | Classic plus | 1BR,1BA | $1.40 |
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.
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
How much is rent for a Cheap One Bedroom New River Apartment?
The lowest price for a Cheap One Bedroom New River Apartment is $900 at Hearthstone.
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 $580 at Legacy on Main.
What is the most affordable New River Three Bedroom Apartment?
The best deal on a cheap New River Three Bedroom Apartment rental is at Legacy on Main and starts from $660.
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

Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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.