
Cheap Apartments for Rent in Phenix, VA from $500 (36 Rentals)
Search the lowest-cost Apartments available for rent right now in Phenix.


Cardinal's Crest Apartments

Total Monthly Price
Wesley Apartments - Senior Living Community

S. Amherst Apartments 2

Total Monthly Price
Timber East Apartments

Beechwood

Total Monthly Price
Jobbers Overall

Church Street Townhomes

Midtown on 12th
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500 Euclid Avenue

Total Monthly Price
317 Grove Street

Total Monthly Price
1 Element

12th & Court Lofts

Total Monthly Price
Imperial Tobacco Lofts

Mill's Crossing

Total Monthly Price
WillowBrook Luxury Apartments

Total Monthly Price
Factory 88

7 Hills Townhomes
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Total Monthly Price
English Commons Apartments

Holland House

209 Clark St

534 Logan St

Midpoint Apartments

Lakeside Plaza Apartments

Ivy Ridge

Midtown Lofts

504 Longwood Ave
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River Lofts West

1810 Laurel St

723 Jefferson Street

Elora Gardens Lynchburg

100 Horseford Rd

2210 Haden St

White Star Flats

605 Harrison St.

112 Montview Forest Dr
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Phenix, VA Local Guide

How much does it cost to rent an apartment in Phenix?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Phenix Studio Apartments | $898 | $790 | $995 |
| Phenix 1 Bedroom Apartments | $1,202 | $684 | $2,465 |
| Phenix 2 Bedroom Apartments | $1,472 | $795 | $4,508 |
| Phenix 3 Bedroom Apartments | $1,710 | $930 | $4,378 |
| Phenix 4 Bedroom Apartments | $2,278 | $1,615 | $3,525 |
Browse Top Apartments in Phenix
See all Apartments in PhenixExplore Phenix
Phenix, VA Local Guide
- Nearby Cities
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Cheapest Available Phenix Apartments for Rent and Nearby
 The cheapest available apartment rental in Phenix, VA is a 1 Bed unit found at Miller's Rest Apartments in the Wyndhurst neighborhood priced from $684. Wesley Apartments - Senior Living Community in the Wyndhurst neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $790. Here is today’s list of the most affordable Phenix apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Miller's Rest Apartments | Rhine | 1BR,1BA | $684 |
| Wesley Apartments - Senior Living Community | Studio (Stair Access) | Studio,1BA | $790 |
| Beechwood | 1 Bed/ 1 Bath | 1BR,1BA | $820 |
| Church Street Townhomes | 1 Bedroom, 1 Bathroom | 1BR,1BA | $895 |
| Midtown on 12th | Studio | Studio,1BA | $895 |
| 317 Grove Street | 2 Bedroom 1 Bath - 48748 | 2BR,1BA | $910 |
| Cardinal's Crest Apartments | 2 Bedroom | 2BR,1BA | $990 |
| 500 Euclid Avenue | 522 | 2BR,1BA | $995 |
| 12th & Court Lofts | 2nd Floor Studio | Studio,1BA | $995 |
| Elora Gardens Lynchburg | 1 Bedroom | 1BR,1BA | $996 |
Best Value Apartments for Rent in Phenix, VA and Nearby
As of May 08, 2026 the best value apartment in the Phenix area is the $1.01 price per square foot 3 Bed/ 2 Bath Model at Kendall Square in the in the Wyndhurst neighborhood starting from $1,430. The second greatest value Phenix apartment is the Phase 2-Call for availability before applying Model at WillowBrook Luxury Apartments starting at $1,615 with a $1.15 price per square foot in the Wyndhurst neighborhood. Here is today’s list of the best values for Phenix apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Kendall Square | 3 Bed/ 2 Bath | 3BR,2BA | $1.01 |
| WillowBrook Luxury Apartments | Phase 2-Call for availability before applying | 4BR,2BA | $1.15 |
| Town Center Apartments | 3 Bed/2 Bath Type 1 | 3BR,2BA | $1.22 |
| Cornerstone Lofts | 2 Bed 2 Bath | 2BR,2BA | $1.07 |
| The Gardens on Timberlake | The Gardenia | 2BR,2BA | $1.21 |
| Grand Vistas | Dogwood | 1BR,1BA | $1.08 |
| Park Place Apartments | 2BR/2BA Renovated | 2BR,2BA | $1.13 |
| Miller's Rest Apartments | Pritchell | 2BR,2BA | $0.85 |
| 317 Grove Street | 2 Bedroom 1 Bath - 48748 | 2BR,1BA | $0.97 |
| Midtown on 12th | Studio | Studio ,1BA | $1.07 |
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 Phenix, VA Rentals by Map
See the most popular apartments and homes in Phenix, VA
Frequently Asked Questions about Cheap Phenix Apartments
What is the Cheapest Studio apartment in Phenix?
Currently the most affordable Cheap Studio Apartment in Phenix is at Wesley Apartments - Senior Living Community listed at $790.
How much is rent for a Cheap One Bedroom Phenix Apartment?
The lowest price for a Cheap One Bedroom Phenix Apartment is $684 at Miller's Rest Apartments.
What is the lowest price for a Cheap Two Bedroom Phenix Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Phenix is starting from $808 at Miller's Rest Apartments.
What is the most affordable Phenix Three Bedroom Apartment?
The best deal on a cheap Phenix Three Bedroom Apartment rental is at Miller's Rest Apartments and starts from $930.
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

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.

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.

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.

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.