Cheap Apartments for Rent in Roanoke, VA from $400 (83 Rentals)

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Search the lowest-cost Apartments available for rent right now in Roanoke.

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.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

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832 Westside
1 to 2 Bedroom Apartments

832 Westside

832 NW Westside BlvdRoanoke, VA 24017
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Darby Villa
1 Bedroom Apartments

Darby Villa

6154 Darby RdRoanoke, VA 24012
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Liberty Pines
1 Bedroom Apartments

Liberty Pines

2502 Liberty AveRoanoke, VA 24012
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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Edgehill Estates
Studio to 2 Bedroom Apartments

Edgehill Estates

739 Townside Rd SWRoanoke, VA 24014
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Ashton Heights
1 to 3 Bedroom Apartments

Ashton Heights

3530 Dona Dr NWRoanoke, VA 24017
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El Ray Apartments
1 to 2 Bedroom Apartments

El Ray Apartments

2627 Westover Ave SWRoanoke, VA 24015
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Heritage Hall
1 to 2 Bedroom Apartments

Heritage Hall

379 Highland Ave SWRoanoke, VA 24016
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Colonial Yorktown
1 to 3 Bedroom Apartments

Colonial Yorktown

2920 Brandon Ave SWRoanoke, VA 24015
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Summertree
1 to 3 Bedroom Apartments

Summertree

3787 Southway Dr SWRoanoke, VA 24014
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Greenbrier West
1 Bedroom Apartments

Greenbrier West

4102-4112 Virginia Ave NWRoanoke, VA 24017
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StoneBrook Apartments
1 to 3 Bedroom Apartments

StoneBrook Apartments

3301 Circle Brook DrRoanoke, VA 24018
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The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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2703 Broad St NW
2 Bedroom Apartments

2703 Broad St NW

2703 Broad St NWRoanoke, VA 24012
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The River House
Studio to 2 Bedroom Apartments

The River House

806 Wasena Ave SWRoanoke, VA 24015
Corporate Housing
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Tinker Creek Manor
2 to 4 Bedroom Apartments

Tinker Creek Manor

2050 Tinker Creek DrRoanoke, VA 24012
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Brandon West
2 Bedroom Apartments

Brandon West

2754 Brandon Ave SWRoanoke, VA 24015
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2001 Lynn Ave
1 to 2 Bedroom Apartments

2001 Lynn Ave

2001 Lynn Ave SWRoanoke, VA 24014
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Roanoke, VA Local Guide

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Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Roanoke, VA

Pricing Updated: 11/01/2025

Current apartment rentals in the Roanoke, VA area range in price from $660 to $3,675 with an overall median price of $1,829. The three Roanoke neighborhoods with the lowest median rent pricing are Downtown Roanoke City at $1,000, Walnut Hill at $775, and Mill Mountain at $850. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Roanoke Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Roanoke City$1,249$1,0007
Walnut Hill$1,372$77543
Mill Mountain$1,495$85031
River Land$1,495$77542
Williamson Road$1,647$69550
Cave Spring$1,674$77584
Grandin Court$1,692$84946
Belmont$1,712$69559
Hollins Roanoke City$1,760$69563
South Roanoke$1,772$87551

Cheapest Available Roanoke Apartments for Rent

 

The cheapest available apartment rental in Roanoke, VA is a 1 Bed unit found at The Everett in the Deyerle neighborhood priced from $849. Cedarwood Apartments in the Deyerle neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here is today’s list of the most affordable Roanoke apartments for rent:

Apartment ListingModel NameBed/BathPriced From
The Everett1 Bed, 1 Bath A Income-Restricted1BR,1BA$849
Cedarwood Apartments1BR/1.0BA1BR,1BA$895
The Cove Apartments2x12BR,1BA$916
Flats at Thrasher Park1x11BR,1BA$949
3rd,SW,14011BR/1.0BA1BR,1BA$950
Harrison SchoolOne Bedroom One Bathroom1BR,1BA$966
Bent Creek Apartments and Townhomes1 B 1B 800sq1BR,1BA$970
Stone Ridge Apartments- Convenient Location1BR/1.0BA1BR,1BA$975
Gardens At Grandin - II1BR/1.0BA1BR,1BA$995
WestWind Apartment Homes1 bedroom1BR,1BA$999

Best Value Apartments for Rent in Roanoke, VA

As of November 01, 2025 the best value apartment in the Roanoke area is the $1.10 price per square foot 2 Bedroom Model at The Aspen in the in the Westview Terrace neighborhood starting from $1,349. The second greatest value Roanoke apartment is the 2/1.5 50% AMI Model at Blue Ridge Village Apartments starting at $1,045 with a $0.94 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Aspen2 Bedroom2BR,2BA$1.10
Blue Ridge Village Apartments2/1.5 50% AMI2BR,1.5BA$0.94
North Point2BR2BR,2BA$1.18
1801 Grandin Road Southwest1801 Grandin Road Southwest - 18012BR,1.5BA$1.14
Countryside Estates2 Bedroom x 1 Bathroom Classic Floor Plan2BR,1BA$1.10
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$1.11
Northridge VillageB12BR,1BA$1.28
Gardens At Grandin - II1BR/1.0BA1BR,1BA$1.11
3122 Garden City Blvd SE, Unit 3122 Garden City Blvd SE3122 Garden City Blvd SE2BR,1BA$1.26
The Cove Apartments2x12BR,1BA$1.15

Apartment Common Area Rules: What Renters Need to Know

From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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.

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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.

Roanoke, VA
Population: 99,920

Ranked #312

in US Census Population by City

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Pet Friendly Lifestyle
Roanoke, VA

Ranked #30

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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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

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See the most popular apartments and homes in Roanoke, VA

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Getting Around Roanoke, VA

Walk Score®

51 / 100

Somewhat Walkable

Some errands can be accomplished on foot

Bike Score®

41 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

24 / 100

Minimal Transit

It may be possible to get on a bus

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Roanoke Apartments

What is the price of a cheap apartment in Roanoke?

The cheapest apartment in Roanoke is The Everett which is listed at $849, while the average apartment in Roanoke costs $1,829.

What types of apartments are the cheapest in Roanoke?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 138 regular apartments in Roanoke that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Roanoke?

Cheap apartments in Roanoke have an average cost of $284 which is $1,545 cheaper than the average rent for all rentals in Roanoke.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

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The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

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Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.