
Cheap Homes for Rent near New River, VA from $700 (7 Rentals)
Search the lowest-cost Homes available for rent right now in New River.


1011-1013 Grove Ave

101 Felix Dr
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.

1110 Calhoun St

5982 Old Rte 11

301 2nd St, Unit C
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.

440 Shadow Ln
New River, VA Local Guide

How much does it cost to rent a home in New River?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| New River 2 Bedroom Homes for Rent | $1,470 | $950 | $2,000 |
| New River 3 Bedroom Homes for Rent | $1,755 | $800 | $2,500 |
| New River 4 Bedroom Homes for Rent | $2,106 | $1,560 | $3,200 |
| New River 5 Bedroom Homes for Rent | $2,175 | $2,175 | $2,175 |
| New River 6 Bedroom Homes for Rent | $2,100 | $2,100 | $2,100 |
Browse Top Homes for Rent 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 |
Best Value Apartments for Rent in New River, VA and Nearby
As of July 25, 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.
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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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in New River, VA
Frequently Asked Questions about New River
What type of rentals are currently available in New River?
There are currently 105 Apartments for Rent in New River, VA with pricing that ranges from $580 to $4,000. There are also 37 Single Family Homes for rent, Condos, and Townhome rentals currently available in New River ranging from $775 to $3,200.
What is the current price range for Rental Homes in New River?
Today's rental pricing for Homes for Rent, Condos and Townhomes in New River ranges from $775 to $3,200 with an average monthly rent of $1,753.
How much are larger Three and Four Bedroom Rentals in New River?
For those who are looking for larger living arrangements, Three Bedroom Apartments in New River range from $660 to $2,964, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,560 and Four Bedroom Apartments start at $1,005.
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.