
Cheap Apartments for Rent near Newport, VA from $400 (47 Rentals)
Search the lowest-cost Apartments available for rent right now in Newport.


709/711 Giles

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The Grand at the Riverway

Chasewood Apartments

Hearthstone

Lantern Ridge Apartments

North View Apartments

Shawnee Apartments

Ridgeview 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.

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Apartment Heights

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Fieldstone Family

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Windsor Hills Apartments

Hub Blacksburg

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The Crest Apartments

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The View at 777

Cedarfield Apartments

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Salem Wood Apartments

Hethwood Apartment Homes
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.

Creekside

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Ridgewood Village

Cedar Pointe Apartments

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Foxridge Apartment Homes

Madison Apartment Homes

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The Retreat Apartments

The Reserve at Knollwood

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Smiths Landing Apartments

Pack Place Apartments
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.

105 Tee St

Vue Apartments

The Odyssey

Forest Hills at Belview

129 Huntington Ln

208 Wharton St

10 SW 1st St

Red Coat Manor Apartments

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.

Blacksburg Homestay Village

1201-1207 North Main

420 N Main St

Bennett Hill

2850 Walls Branch Rd

902 Brightwood Manor Dr

1003 Montgomery St NW

801 S Main St

1213 University Terrace
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.

1208 University Terrace

241 Pheasant Run Dr
Newport, VA Local Guide

How much does it cost to rent an apartment in Newport?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Newport Studio Apartments | $1,373 | $830 | $1,937 |
| Newport 1 Bedroom Apartments | $1,384 | $775 | $2,424 |
| Newport 2 Bedroom Apartments | $1,645 | $580 | $3,105 |
| Newport 3 Bedroom Apartments | $1,824 | $580 | $3,320 |
| Newport 4 Bedroom Apartments | $1,505 | $450 | $4,000 |
Browse Top Apartments in Newport
See all Apartments in NewportExplore Newport
Newport, VA Local Guide
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Cheapest Available Newport Apartments for Rent and Nearby
 The cheapest available apartment rental in Newport, 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 Newport 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 |
| 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 |
| The View at 777 | One Bedroom | 1BR,1BA | $1,314 |
| Salem Wood Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1,390 |
Best Value Apartments for Rent in Newport, VA and Nearby
As of July 29, 2026 the best value apartment in the Newport area is the $1.41 price per square foot 130 Bozeman Trail NW Model at New River Townhomes in the in the Farmview/Ramble neighborhood starting from $1,799. The second greatest value Newport apartment is the 3Ax1.5 T2 Model at Terrace View starting at $930 with a $0.82 price per square foot in the Downtown Blacksburg neighborhood. Here is today’s list of the best values for Newport apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 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 | $1.33 |
| 105 Tee St | 3x1.5 Townhome | 3BR,1.5BA | $1.45 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1.06 |
| The Crest Apartments | Three Bedroom Two Bathroom | 3BR,2BA | $1.50 |
| The Odyssey | 2 Beds, 2 baths | 2BR,2BA | $1.54 |
| Salem Wood Apartments | Two Bedroom One Bathroom | 2BR,1BA | $1.64 |
| Apartment Heights | 1 Bedroom | 1BR,1BA | $1.51 |
| The Grand at the Riverway | 1X1TH | 1BR,1BA | $1.74 |
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 Newport, VA Rentals by Map
See the most popular apartments and homes in Newport, VA
Frequently Asked Questions about Cheap Newport Apartments
How much is rent for a Cheap One Bedroom Newport Apartment?
The lowest price for a Cheap One Bedroom Newport Apartment is $900 at Hearthstone.
What is the lowest price for a Cheap Two Bedroom Newport Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Newport is starting from $580 at Legacy on Main.
What is the most affordable Newport Three Bedroom Apartment?
The best deal on a cheap Newport 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.