
Cheap Apartments for Rent in Roanoke, VA from $400 (179 Rentals)
Search the lowest-cost Apartments available for rent right now in Roanoke.


Total Monthly Price
Ridgeview Apartments

809 Westside Blvd NW

813 Westside Blvd NW

817 Westside Blvd NW

5105 Hildebrand Rd NW

802 Westside Blvd NW

1314 Moorman Ave NW

1117 Rugby Blvd NW

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Frontier 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.

615 Day Ave SW

1802 Patterson Ave SW

611 Stewart Ave SE

622 Allison Ave SW

809 Jamison Ave SE

802 Rorer Ave SW

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1222-1224 Maple Ave SW

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Stone Ridge Apartments

3720 Panorama Ave NW

1630 Wayne St NE
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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The Cove Apartments

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2730 Forest Hill Ave NW, Unit 2732 Forest Hill

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

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Peters Creek Apartments - Tax Credit

631 Campbell Ave LLC - Residential

1016 15th St SE

1502 Gilmer Ave NW

Mount Pleasant Villas

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Blue Ridge Village Apartments

1331 Main St 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.

2204 York Rd SW

1816 Bennington St SE

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West Creek Manor

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Bent Creek Apartments and Townhomes

Gardens At Grandin - II

401 Washington Avenue Southwest, Unit Washington Ave sw

2125 Orange Ave NW

934 Floyd Ave SW

1818 Rorer Ave SW

1114 Lafayette Blvd NW
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.

2016 Sanford Ave SW

715 Marshall Ave SW

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Sterlingwood Apartments

1415 Chapman Ave SW

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Pebble Creek

3215 Chaparral Dr

115 Elm Ave

1131 Wasena Ave SW

355 Highland Ave SW

The Aurora - Residential
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.
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 | $908 | $690 | $1,374 |
| Cheap Roanoke 1 Bedroom Apartments | $1,383 | $646 | $3,119 |
| Cheap Roanoke 2 Bedroom Apartments | $1,561 | $778 | $3,595 |
| Cheap Roanoke 3 Bedroom Apartments | $1,938 | $995 | $4,410 |
| Cheap Roanoke 4 Bedroom Apartments | $1,803 | $1,545 | $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: 06/13/2026Current apartment rentals in the Roanoke, VA area range in price from $750 to $3,550 with an overall median price of $2,172. The three Roanoke neighborhoods with the lowest median rent pricing are Old Southwest at $1,195, Edge Wood Summit Hills at $1,395, and Peachtree Norwood at $1,452. 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 |
|---|---|---|---|
| Old Southwest | $1,195 | $1,195 | 1 |
| Edge Wood Summit Hills | $1,395 | $1,395 | 1 |
| Peachtree Norwood | $1,551 | $1,452 | 2 |
| Washington Heights | $1,572 | $1,495 | 2 |
| Westview Terrace | $1,595 | $1,595 | 1 |
| Airport | $1,695 | $1,695 | 1 |
| South Jefferson | $1,750 | $1,195 | 2 |
| Downtown Roanoke City | $1,772 | $950 | 4 |
| South Washington Heights | $1,800 | $799 | 8 |
| Wilmont | $1,800 | $799 | 11 |
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 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Stone Ridge Apartments | 1BR/1.0BA | 1BR,1BA | $915 |
| Cedarwood Apartments | 1BR/1.0BA | 1BR,1BA | $915 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $990 |
| 631 Campbell Ave LLC - Residential | 1BR/1.0BA | 1BR,1BA | $995 |
| Mount Pleasant Villas | 1x1 | 1BR,1BA | $999 |
Best Value Apartments for Rent in Roanoke, VA
As of June 13, 2026 the best value apartment in the Roanoke area is the $1.10 price per square foot 1609 Chapman Ave SW Model at 1609 Chapman Ave SW, Unit B in the in the Gilmer neighborhood starting from $1,545. The second greatest value Roanoke apartment is the 3 Bedroom x 1.5 Bathroom Classic Floor Plan Model at Countryside Estates starting at $1,430 with a $1.04 price per square foot in the Peachtree Norwood 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. |
|---|---|---|---|
| 1609 Chapman Ave SW, Unit B | 1609 Chapman Ave SW | 4BR,1BA | $1.10 |
| Countryside Estates | 3 Bedroom x 1.5 Bathroom Classic Floor Plan | 3BR,1.5BA | $1.04 |
| The Aspen | 2 Bedroom | 2BR,2BA | $1.26 |
| Bent Tree | 2 BEDROOM | 2BR,1BA | $1.22 |
| Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1.07 |
| West Creek Manor | 2 Bedroom | 2BR,1BA | $1.11 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $0.99 |
| The Riverwalk at Salem | 2 Bedroom, 1.5 Bath | 2BR,1.5BA | $1.28 |
| 1955 Belleville Rd SW, Unit 1953 Belleville Rd, Apt 2 | 1955 Belleville Rd SW | 1BR,1BA | $1.23 |
| 1624 SW Chapman Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.23 |
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 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
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 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 $760 at Ridgeview Apartments.
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 Peters Creek Apartments - Tax Credit and starts from $1,125.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.