
Cheap Homes for Rent in Parrott, VA from $700 (12 Rentals)
Search the lowest-cost Homes available for rent right now in Parrott.


304 N 3rd St

207 Burch St

5133 Baskerville St

204 Broce Dr

2015 Union School Rd SW
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.

440 Shadow Ln

215 Teel St NE

975 Depot St NE

1400 University City Blvd

2850 Walls Branch Rd

7278 Manns Dr
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.
Parrott, VA Local Guide

How much does it cost to rent a home in Parrott?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Parrott 2 Bedroom Homes for Rent | $1,323 | $1,100 | $1,600 |
| Parrott 3 Bedroom Homes for Rent | $1,933 | $700 | $2,800 |
| Parrott 4 Bedroom Homes for Rent | $2,190 | $1,700 | $3,200 |
| Parrott 5 Bedroom Homes for Rent | $2,300 | $2,300 | $2,300 |
Browse Top Homes for Rent in Parrott
Explore Parrott
Parrott, VA Local Guide
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Parrott Apartments for Rent and Nearby
 The cheapest available apartment rental in Parrott, VA is a 3 Beds unit found at 709/711 Giles in the Downtown Blacksburg neighborhood priced from $670. Ridgeview Apartments in the Farmview/Ramble neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $825. Here is today’s list of the most affordable Parrott apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $670 |
| Ridgeview Apartments | 0BR/1.0BA | Studio,1BA | $825 |
| 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 |
Best Value Apartments for Rent in Parrott, VA and Nearby
As of June 21, 2026 the best value apartment in the Parrott area is the $0.73 price per square foot THD4 Furnished Model at Union Blacksburg in the in the Downtown Blacksburg neighborhood starting from $1,185. The second greatest value Parrott apartment is the 3Ax1.5 T2 Model at Terrace View starting at $870 with a $0.77 price per square foot in the Downtown Blacksburg neighborhood. Here is today’s list of the best values for Parrott apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Union Blacksburg | THD4 Furnished | 4BR,4BA | $0.73 |
| Terrace View | 3Ax1.5 T2 | 3BR,1.5BA | $0.77 |
| 105 Tee St | 3x1.5 Townhome | 3BR,1.5BA | $1.45 |
| The Crest Apartments | Three Bedroom Two Bathroom | 3BR,2BA | $1.37 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1.06 |
| Ridgewood Village | 2B | 2BR,1BA | $1.42 |
| The View at 777 | Two Bedroom B | 2BR,1BA | $1.57 |
| Apartment Heights | 1 Bedroom | 1BR,1BA | $1.51 |
| East Roanoke Street | 3-Bedroom | 3BR,1BA | $1.00 |
| Rivers Edge (new) | 2BR/2BA | 2BR,2BA | $1.06 |
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 Parrott, VA Rentals by Map
See the most popular apartments and homes in Parrott, VA
Frequently Asked Questions about Parrott
What type of rentals are currently available in Parrott?
There are currently 73 Apartments for Rent in Parrott, VA with pricing that ranges from $440 to $4,000. There are also 50 Single Family Homes for rent, Condos, and Townhome rentals currently available in Parrott ranging from $700 to $3,200.
What is the current price range for Rental Homes in Parrott?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Parrott ranges from $700 to $3,200 with an average monthly rent of $1,777.
How much are larger Three and Four Bedroom Rentals in Parrott?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Parrott range from $510 to $3,415, while Three Bedroom Homes, Condos, and Townhomes for rent range from $700 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $440.
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

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.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.