
Cheap Apartments for Rent in Roanoke, VA from $400 (84 Rentals)
Search the lowest-cost Apartments available for rent right now in Roanoke.


5105 Hildebrand Rd NW

Ridgeview Apartments

2502 Liberty Rd NW

820 Westside Blvd NW

1819 Jerome St SE

1630 Wayne St NE

The Everett

1843 Oxford Ave SW, Unit Grandin Village Room #1
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.

1905 Dale Ave SE

1646-1648 Eastern Ave NE

809 Jamison Ave SE

Stone Ridge Apartments- Convenient Location

Peters Creek Apartments - Tax Credit

904 Campbell Ave SW

The Cove Apartments

1508 Church Ave SE

429-431 Albemarle Ave SW

1112 Stewart Ave SE
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.

West Creek Manor

WestWind Apartment Homes

The Flats at Rutgers

Mount Pleasant Villas

1912 Arden Rd SW
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.

Mountain View Terrace Apartments
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.
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.
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 | $903 | $650 | $1,412 |
| Cheap Roanoke 1 Bedroom Apartments | $1,322 | $595 | $3,090 |
| Cheap Roanoke 2 Bedroom Apartments | $1,438 | $795 | $3,090 |
| Cheap Roanoke 3 Bedroom Apartments | $1,839 | $1,047 | $3,561 |
| Cheap Roanoke 4 Bedroom Apartments | $2,025 | $1,775 | $2,475 |
Browse Top Apartments in Roanoke
See all Apartments in RoanokeExplore Roanoke
Roanoke, VA Local Guide

- Roanoke Neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Neighborhoods for Apartments in Roanoke, VA
Pricing Updated: 12/17/2025Current apartment rentals in the Roanoke, VA area range in price from $595 to $3,561 with an overall median price of $1,944. The three Roanoke neighborhoods with the lowest median rent pricing are Downtown Roanoke City at $950, Williamson Road at $750, and Airport at $710. 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 | $1,249 | $950 | 7 |
| Williamson Road | $1,419 | $750 | 50 |
| Airport | $1,524 | $710 | 71 |
| Hollins | $1,524 | $650 | 72 |
| Gainsboro | $1,558 | $595 | 81 |
| Riverdale | $1,570 | $750 | 37 |
| Belmont | $1,683 | $750 | 64 |
| Hollins Roanoke City | $1,705 | $650 | 66 |
| Eastgate | $1,722 | $750 | 51 |
| Fallon | $1,722 | $750 | 68 |
Cheapest Available Roanoke Apartments for Rent
 The cheapest available apartment rental in Roanoke, VA is a 1 Bed unit found at Harrison School in the Gilmer neighborhood priced from $615. Ridgeview Apartments in the Monterey neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $710. Here is today’s list of the most affordable Roanoke apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harrison School | One Bedroom One Bathroom | 1BR,1BA | $615 |
| Ridgeview Apartments | Studio | Studio,1BA | $710 |
| The Everett | 1 Bed, 1 Bath A Income-Restricted | 1BR,1BA | $849 |
| Cedarwood Apartments | 1BR/1.0BA | 1BR,1BA | $895 |
| Stone Ridge Apartments- Convenient Location | 1BR/1.0BA | 1BR,1BA | $899 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $907 |
| 3rd,SW,1401 | 1BR/1.0BA | 1BR,1BA | $950 |
| WestWind Apartment Homes | 1 bedroom | 1BR,1BA | $999 |
| Mount Pleasant Villas | 1x1 | 1BR,1BA | $999 |
Best Value Apartments for Rent in Roanoke, VA
As of December 17, 2025 the best value apartment in the Roanoke area is the $0.95 price per square foot House Model at 3120 Stoneridge Rd SW in the in the Southern Hills neighborhood starting from $2,475. The second greatest value Roanoke apartment is the The Cedar Point Model at Cedar Point starting at $1,692 with a $1.25 price per square foot in the Deyerle 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. |
|---|---|---|---|
| 3120 Stoneridge Rd SW | House | 4BR,3BA | $0.95 |
| Cedar Point | The Cedar Point | 3BR,2.5BA | $1.25 |
| The Aspen | 2 Bedroom | 2BR,2BA | $1.06 |
| Blue Ridge Village Apartments | 2/1.5 50% AMI | 2BR,1.5BA | $0.94 |
| 1801 Grandin Road Southwest | 1801 Grandin Road Southwest - 1801 | 2BR,1.5BA | $1.14 |
| Countryside Estates | 2 Bedroom x 1 Bathroom Classic Floor Plan | 2BR,1BA | $1.15 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $0.91 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $1.14 |
| 1843 Oxford Ave SW, Unit Grandin Village Room #1 | 1843 Oxford Ave SW | 1BR,1BA | $0.97 |
| Harrison School | One Bedroom One Bathroom | 1BR,1BA | $1.05 |
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 ArticleThe 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.
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.
Roanoke, VAPopulation: 99,920
Ranked #312
in US Census Population by City
Pet Friendly LifestyleRoanoke, VA
Ranked #30
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Roanoke, VA
Mount Pleasant Elementary School
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
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 a cheap apartment in Roanoke?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Roanoke is under $999.
What is the price of a cheap apartment in Roanoke?
The cheapest apartment in Roanoke is Harrison School which is listed at $615, while the average apartment in Roanoke costs $1,944.
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 134 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 $260 which is $1,684 cheaper than the average rent for all rentals in Roanoke.
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

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.
























