Cheap Apartments for Rent in Roanoke, VA from $400 (87 Rentals)

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

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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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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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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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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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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Navigating 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.

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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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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 1 Bedroom Apartments

The River House

806 Wasena Ave SWRoanoke, VA 24015
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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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Roanoke, VA Local Guide

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Written By:
Staff Writer
Local Guide Expert

Cheapest Neighborhoods for Apartments in Roanoke, VA

Pricing Updated: 06/30/2025

Current apartment rentals in the Roanoke, VA area range in price from $660 to $4,109 with an overall median price of $1,772. The three Roanoke neighborhoods with the lowest median rent pricing are Walnut Hill at $695, River Land at $695, and Williamson Road at $695. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Roanoke Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Walnut Hill$1,265$69552
River Land$1,282$69551
Williamson Road$1,282$69543
Morningside$1,284$69548
Gainsboro$1,317$69562
Mill Mountain$1,370$69534
Downtown Roanoke City$1,600$1,0497
Belmont$1,610$69556
Cave Spring$1,659$785103
Riverdale$1,717$69538

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 $660. The Patrick Henry in the Gilmer neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $854. Here is today’s list of the most affordable Roanoke apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Ridgeview ApartmentsStudioStudio,1BA$660
The Patrick HenryS1 - 4Studio,1BA$854
The Everett1 Bed 1Bath - 1C1BR,1BA$900
Ellsworth Place1x11BR,1BA$950

Best Value Apartments for Rent in Roanoke, VA

As of June 30, 2025 the best value apartment in the Roanoke area is the $1.13 price per square foot One bed 1 1/2 bath Model at Horton Lofts in the in the Gilmer neighborhood starting from $1,875. The second greatest value Roanoke apartment is the 2 bedroom with den Model at WestWind Apartment Homes starting at $1,418 with a $1.18 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.
Horton LoftsOne bed 1 1/2 bath1BR,1.5BA$1.13
WestWind Apartment Homes2 bedroom with den2BR,1.5BA$1.18
2314 Wycliffe Ave SW, Unit B2314 Wycliffe Ave SW2BR,1BA$1.08
Blue Ridge Village Apartments2/1.5 50% AMI2BR,1.5BA$0.94
Gardens At Grandin - II2BR/1.0BA2BR,1BA$1.00
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$1.12
2225 Berkley Ave SW, Unit Apt. 22225 Berkley Ave SW2BR,1BA$1.15
1732 Hanover Ave NW, Unit B1732 Hanover Ave NW2BR,1BA$0.91
1827 Jerome St SE, Unit 18271827 Jerome St SE2BR,1BA$0.89
1117 Rugby Blvd NW, Unit B1117 Rugby Blvd NW2BR,1BA$1.12

Quick 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.

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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 #195

Among cities in Virginia for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.5
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 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 $950.

What is the price of a cheap apartment in Roanoke?

The cheapest apartment in Roanoke is Ridgeview Apartments which is listed at $710, while the average apartment in Roanoke costs $1,772.

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 93 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 $402 which is $1,370 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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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.