
Cheap Apartments for Rent in Roanoke, VA from $400 (163 Rentals)
Search the lowest-cost Apartments available for rent right now in Roanoke.


Ridgeview Apartments

809 Westside Blvd NW

2744 Melrose Ave, Unit 1-201

813 Westside Blvd NW

4206 Vermont Ave NW

817 Westside Blvd NW

Total Monthly Price
Frontier Apartments

1117 Rugby Blvd NW

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Blue Ridge Village Apartments
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.

1825 Patterson Ave SW

3720 Panorama Ave NW

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

611 Stewart Ave SE

809 Jamison Ave SE

802 Rorer Ave SW

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1222-1224 Maple Ave SW

19 Highland Ave SW

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Stone Ridge Apartments- Convenient Location

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Peters Creek Apartments - Tax Credit
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.

The Aurora - Residential

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631 Campbell Ave LLC - Residential

5661 Hollins Rd NE

1802 Patterson Ave SW

1630 Wayne St NE

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The Cove Apartments

4419-4425 Lela Ave NE

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1955 Belleville Rd SW, Unit 1953 Belleville Rd, Apt 2, Unit 1953 Belleville Rd, Apt 2

Mount Pleasant Villas

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The Heights at Gateway Park
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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West Creek Manor

2744 Melrose Ave, Unit 1-214

Gardens At Grandin - II

1818 Rorer Ave SW

1016 15th St SE

401 Washington Avenue Southwest, Unit Washington Ave sw

216 Patton Ave NW

715 Marshall Ave SW

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Bent Creek Apartments and Townhomes

Total Monthly Price
Sterlingwood 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.

613 Vinton Mill Ct NE

1331 Main St SW

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Gramercy Row Apartment Residences

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Pebble Creek

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Honeywood Apartments

2125 Orange Ave NW

3751 Sunrise Ave NW

1329 Campbell Ave SW

2216-2218 Memorial Ave SW

1131 Wasena Ave SW
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 | $977 | $671 | $1,679 |
| Cheap Roanoke 1 Bedroom Apartments | $1,337 | $696 | $2,735 |
| Cheap Roanoke 2 Bedroom Apartments | $1,635 | $853 | $3,745 |
| Cheap Roanoke 3 Bedroom Apartments | $1,931 | $1,047 | $3,675 |
| Cheap Roanoke 4 Bedroom Apartments | $1,890 | $1,790 | $1,940 |
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: 04/29/2026Current apartment rentals in the Roanoke, VA area range in price from $671 to $3,745 with an overall median price of $1,865. The three Roanoke neighborhoods with the lowest median rent pricing are Downtown Roanoke City at $923, River Land at $696, and Morningside at $696. 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 | $1,260 | $923 | 7 |
| River Land | $1,374 | $696 | 31 |
| Morningside | $1,399 | $696 | 33 |
| Walnut Hill | $1,399 | $696 | 36 |
| Riverdale | $1,430 | $696 | 29 |
| Gainsboro | $1,495 | $696 | 44 |
| Mill Mountain | $1,543 | $875 | 20 |
| Grandin Court | $1,650 | $875 | 35 |
| Cave Spring | $1,657 | $875 | 63 |
| Airport | $1,707 | $690 | 44 |
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. Frontier Apartments in the Monterey neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. 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 |
| Frontier Apartments | 1 Bed Whitehall | 1BR,1BA | $825 |
| Cedarwood Apartments | 1BR/1.0BA | 1BR,1BA | $875 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| The Everett | 2 Bed, 1 Bath A Income-Restricted | 2BR,1BA | $923 |
| Stone Ridge Apartments- Convenient Location | 1BR/1.0BA | 1BR,1BA | $925 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $926 |
| The Aurora - Residential | 0BR/1.0BA | Studio,1BA | $935 |
| 631 Campbell Ave LLC - Residential | Studio Loft | Studio,1BA | $945 |
| 4419-4425 Lela Ave NE | 1 Bed 1 Bath | 1BR,1BA | $975 |
Best Value Apartments for Rent in Roanoke, VA
As of April 29, 2026 the best value apartment in the Roanoke area is the $1.30 price per square foot 3 Bedroom, 2 Bath Model at Windy Hill Key in the in the Southern Hills neighborhood starting from $1,611. The second greatest value Roanoke apartment is the Renovated Two Bedroom Two Bathroom Model at Glade Creek (I) starting at $1,705 with a $1.45 price per square foot in the Monterey 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. |
|---|---|---|---|
| Windy Hill Key | 3 Bedroom, 2 Bath | 3BR,2BA | $1.30 |
| Glade Creek (I) | Renovated Two Bedroom Two Bathroom | 2BR,2BA | $1.45 |
| Blue Ridge Village Apartments | 2/1.5 50% AMI | 2BR,1.5BA | $1.05 |
| North Point | 2BR | 2BR,2BA | $1.40 |
| Oak Grove Village Apartments | Bulk market rent | 2BR,1.5BA | $1.16 |
| Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1.07 |
| Countryside Estates | 2 Bedroom x 1 Bathroom Classic Floor Plan | 2BR,1BA | $1.15 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $0.93 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.28 |
| The Everett | 2 Bed, 1 Bath A Standard | 2BR,1BA | $1.44 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
Read ArticleDon'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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Read ArticleCash 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.
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
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
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 $975.
What is the price of a cheap apartment in Roanoke?
The cheapest apartment in Roanoke is Ridgeview Apartments which is listed at $760, while the average apartment in Roanoke costs $1,865.
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 148 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 $206 which is $1,659 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

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.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.