
Cheap Apartments for Rent in Roanoke, VA from $646 (161 Rentals)
Search the lowest-cost Apartments available for rent right now in Roanoke.


1714 Melrose Ave NW

801 Westside Blvd NW

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Ridgeview Apartments

1732 Hanover Ave NW

1416 Moorman Ave NW

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Frontier Apartments

2502 Liberty Rd NW

1629 Redwood Rd SE

3720 Panorama Ave NW
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.

902 Staunton Ave NW

1802 Patterson Ave SW

622 Allison Ave SW

611 Stewart Ave SE

1912 Wayne St NE

1334 Chapman Ave SW

809 Jamison Ave SE

802 Rorer Ave SW

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The Stone Ridge Apartments

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1222-1224 Maple Ave SW
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.

2122 Staunton Ave NW

728 Tazewell Ave SE

829 Westside Blvd NW

321 Dale Ave SE

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809 6th St SE, Unit Apt B

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901 Campbell Ave SW, Unit A

379 Walnut Ave SW

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Peters Creek Apartments - Tax Credit

2840 Colonial Ave SW, Unit A12

353 Highland Ave SW
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.

515 Albemarle Ave SE

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Gardens At Grandin - II

1016 15th St SE

3751 Sunrise Ave NW

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Mount Pleasant Villas

1020 Jamison Ave SE

1214 Hamilton Terrace SE

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The Cove at Peter's CreeK

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Blue Ridge Village Apartments

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West Creek Manor
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.

910 Campbell Ave SW

715 Marshall Ave SW

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The Aurora - Residential

2611-2613 Bowman St NW

934 Floyd Ave SW

1818 Rorer Ave SW

2125 Orange Ave NW

1460-1462 Varnell Ave NE

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The Heights at Gateway Park

2107 Staunton Ave NW
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.
Roanoke, VA Local Guide

How much does it cost to rent an apartment in Roanoke?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Roanoke Studio Apartments | $957 | $690 | $1,486 |
| Cheap Roanoke 1 Bedroom Apartments | $1,386 | $646 | $2,930 |
| Cheap Roanoke 2 Bedroom Apartments | $1,553 | $653 | $3,615 |
| Cheap Roanoke 3 Bedroom Apartments | $1,906 | $995 | $4,370 |
| Cheap Roanoke 4 Bedroom Apartments | $1,992 | $1,100 | $3,200 |
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Roanoke, VA Local Guide

- Roanoke Neighborhoods
- Nearby Cities
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Cheapest Neighborhoods for Apartments in Roanoke, VA
Pricing Updated: 09/12/2026Current apartment rentals in the Roanoke, VA area range in price from $595 to $3,200 with an overall median price of $1,422. The three Roanoke neighborhoods with the lowest median rent pricing are Downtown Roanoke City at $1,195, Mecca Gardens at $1,250, and Hollins Roanoke City at $1,275. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Roanoke Apartments for rent:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Downtown Roanoke City | $1,195 | $595 | 6 |
| Mecca Gardens | $1,250 | $1,200 | 2 |
| Hollins Roanoke City | $1,275 | $595 | 33 |
| Fair Land | $1,295 | $950 | 20 |
| Preston Park | $1,300 | $950 | 19 |
| Airport | $1,311 | $1,223 | 2 |
| Villa Heights | $1,311 | $799 | 26 |
| Roundhill | $1,322 | $950 | 25 |
| Williamson Road | $1,322 | $595 | 38 |
| Melrose Rugby | $1,323 | $595 | 37 |
Cheapest Available Roanoke Apartments for Rent
 The cheapest available apartment rental in Roanoke, VA is a Studio unit found at Ridgeview Apartments in the Monterey neighborhood priced from $690. 1624 SW Chapman Ave in the Gilmer neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. Here is today’s list of the most affordable Roanoke apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Apartments | Studio | Studio,1BA | $690 |
| 1624 SW Chapman Ave | 1 Beds, 1 Baths | 1BR,1BA | $799 |
| 120 Avendale Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $815 |
| Liberty Pines | 1 Beds, 1 Baths | 1BR,1BA | $815 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| 829 Westside Blvd NW | 1BR/1.0BA | 1BR,1BA | $895 |
| Walnut/379 | 1BR/1.0BA | 1BR,1BA | $980 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $990 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $995 |
Best Value Apartments for Rent in Roanoke, VA
As of September 12, 2026 the best value apartment in the Roanoke area is the $1.14 price per square foot 2 Bedroom Model at The Aspen in the in the Westview Terrace neighborhood starting from $1,399. The second greatest value Roanoke apartment is the 2/1.5 40% AMI Model at Blue Ridge Village Apartments starting at $1,015 with a $0.91 price per square foot in the Gilmer neighborhood. Here is today’s list of the best values for Roanoke apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Aspen | 2 Bedroom | 2BR,2BA | $1.14 |
| Blue Ridge Village Apartments | 2/1.5 40% AMI | 2BR,1.5BA | $0.91 |
| Bridgeway Gardens | 2 Beds, 1.5 Baths | 2BR,1.5BA | $0.94 |
| The Oak Grove Village Apartments | Bulk market rent | 2BR,1.5BA | $1.16 |
| West Creek Manor | 2 Bedroom | 2BR,1BA | $1.11 |
| Countryside Estates | 2 Bedroom x 1 Bathroom Classic Floor Plan | 2BR,1BA | $1.22 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $0.99 |
| 3802 Panorama Ave NW | 2BR/1.0BA | 2BR,1BA | $1.11 |
| 809 6th St SE, Unit Apt B | 809 6th St SE | 2BR,1BA | $1.03 |
| 120 Avendale Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $1.16 |
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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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.
Roanoke Overview
Roanoke, VA is a true gem. Residents enjoy the advantages of a modern city, while still being able to enjoy the rich history of Virginia and the breathtaking beauty of the Virginia Mountains.
Why live in Roanoke, VA?
One of the beautiful things about living in Roanoke is that you can live in a metropolitan city without giving up the benefits of living next to the Blue Ridge Mountains. In the heart of downtown, you have access to great restaurants, museums, transportation and nightlife. At the same time, Roanoke places a real value on the surrounding nature the area has to offer giving you access to countless outdoor activities. It is really the best of both worlds.
Best Local Schools in Roanoke, VA
School data provided by Great Schools
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Roanoke, VA Rentals by Map
See the most popular apartments and homes in Roanoke, VA
Frequently Asked Questions about Cheap Roanoke Apartments
What is the Cheapest Studio apartment in Roanoke?
Currently the most affordable Cheap Studio Apartment in Roanoke is at Ridgeview Apartments listed at $690.
How much is rent for a Cheap One Bedroom Roanoke Apartment?
The lowest price for a Cheap One Bedroom Roanoke Apartment is $799 at 1624 SW Chapman Ave.
What is the lowest price for a Cheap Two Bedroom Roanoke Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Roanoke is starting from $990 at Peters Creek Apartments - Tax Credit.
What is the most affordable Roanoke Three Bedroom Apartment?
The best deal on a cheap Roanoke Three Bedroom Apartment rental is at 2125 Orange Ave NW and starts from $1,095.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.