Cheap Homes for Rent in Petersburg, WV from $600 (7 Rentals)

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Search the lowest-cost Homes available for rent right now in Petersburg.

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.

property at 2877 Hidden Oaks Ln

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

1 Bedroom, 1 Bath Home for Rent

Available Now

2877 Hidden Oaks Ln

LinvilleVA22834
property at 211 Rockingham Dr

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

1 Bedroom, 1 Bath Home for Rent

Available Jul 17

211 Rockingham Dr

HarrisonburgVA22802
property at 1131 Shenandoah St

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Aug 15

1131 Shenandoah St

HarrisonburgVA22802

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.

property at 560 Old Bethel Rd

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Condo for Rent

Available Now

560 Old Bethel Rd

EdinburgVA22824

Petersburg, WV Local Guide

Cheapest Available Petersburg Apartments for Rent and Nearby

 

The cheapest available apartment rental in Petersburg, WV is a 1 Bed unit found at Cumberland Meadows in the East Side neighborhood priced from $410. Brookfield Corporate Apartments in the Kernstown neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $500. Here is today’s list of the most affordable Petersburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Cumberland Meadows1 Bedroom/1 Bath1BR,1BA$410
Brookfield Corporate ApartmentsWEEKLY RATE - ONE BEDROOM1BR,1BA$500
Lee Street Apartments1 Bed, 1 bath1BR,1BA$524

Best Value Apartments for Rent in Petersburg, WV and Nearby

As of May 28, 2026 the best value apartment in the Petersburg area is the $0.53 price per square foot D1-Premium Model at The Hills Southview Apartments in the starting from $691. The second greatest value Petersburg apartment is the 4BD/4.5BA Renovated Model at Arcadia Harrisonburg starting at $705 with a $0.54 price per square foot . Here is today’s list of the best values for Petersburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Hills Southview ApartmentsD1-Premium4BR,4BA$0.53
Arcadia Harrisonburg4BD/4.5BA Renovated4BR,4.5BA$0.54
The Hills Northview ApartmentsD1-Premium4BR,2BA$0.48
North 383x3 Premium3BR,3BA$0.65
Landings at Weyers CaveThe Augusta2BR,2BA$0.92
Bayridge GreeneTwo Bedroom2BR,1.5BA$0.94
Keyser GreeneTwo Bedroom2BR,1BA$0.92
Cumberland Meadows1 Bedroom/1 Bath1BR,1BA$0.58
Lee Street Apartments1 Bed, 1 bath1BR,1BA$0.75
Brookfield Corporate ApartmentsWEEKLY RATE - ONE BEDROOM1BR,1BA$0.74

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.

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Real 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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Petersburg

What type of rentals are currently available in Petersburg?

There are currently 64 Apartments for Rent in Petersburg, WV with pricing that ranges from $500 to $3,275. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Petersburg ranging from $635 to $2,500.

What is the current price range for Rental Homes in Petersburg?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Petersburg ranges from $635 to $2,500 with an average monthly rent of $1,548.

How much are larger Three and Four Bedroom Rentals in Petersburg?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Petersburg range from $729 to $3,275, while Three Bedroom Homes, Condos, and Townhomes for rent range from $782 to $2,500. Four Bedroom Single-Family rentals are also available starting from $1,800 and Four Bedroom Apartments start at $679.

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

decorative image for A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back article

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back

Written by: Lauren Harrington

I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts

Written by: Lauren Harrington

This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

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What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Written by: Lauren Harrington

This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.