
Cheap Apartments for Rent in the Downtown Roanoke City Neighborhood of Roanoke, VA from $600 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Roanoke City area of Roanoke.


24 Church Ave SW, Unit B
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.
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.
Downtown Roanoke City, Roanoke, VA Local Guide

How much does it cost to rent an apartment in Downtown Roanoke City?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Roanoke City Studio Apartments | $1,250 | $1,250 | $1,250 |
Downtown Roanoke City 1 Bedroom Apartments | $1,331 | $1,049 | $1,875 |
Downtown Roanoke City 2 Bedroom Apartments | $1,525 | $1,450 | $1,600 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Downtown Roanoke City Neighborhood of Roanoke, VA.
See all Apartments in RoanokeExplore Roanoke
Downtown Roanoke City, Roanoke, VA Local Guide
- Nearby Roanoke neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Roanoke City Apartments for Rent
 The cheapest available apartment rental in the Downtown Roanoke City area of Roanoke, VA is a Studio unit found at The Patrick Henry priced from $854. 701 3rd Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Downtown Roanoke City apartments for rent in Roanoke, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
The Patrick Henry | S1 - 4 | Studio,1BA | $854 |
701 3rd Street | 1 BD 1 BATH | 1BR,1BA | $950 |
Gramercy Row Apartment Residences | 1 Bedroom 1 Bath 001 | 1BR,1BA | $1,240 |
Horton Lofts | One bed 1 1/2 bath | 1BR,1BA | $1,875 |
Best Value Apartments for Rent in Downtown Roanoke City, VA
As of June 27, 2025 the best value apartment in the Downtown Roanoke City 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 Downtown Roanoke City apartment is the 705 Marshall Ave SW Model at 705 Marshall Ave SW, Unit A starting at $1,450 with a $1.21 price per square foot in the Gilmer neighborhood. Here is today’s list of the best values for Downtown Roanoke City apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Horton Lofts | One bed 1 1/2 bath | 1BR,1.5BA | $1.13 |
705 Marshall Ave SW, Unit A | 705 Marshall Ave SW | 2BR,1BA | $1.21 |
24 Church Ave SW, Unit B | 24 Church Ave SW | 1BR,1BA | $1.51 |
Gramercy Row Apartment Residences | 1 Bedroom 1 Bath 005 | 1BR,1BA | $2.00 |
The Patrick Henry | S1 - 1 | Studio ,1BA | $2.24 |
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.
Pet Friendly LifestyleDowntown Roanoke City, Roanoke, VA
Ranked #18
Among neighborhoods in Roanoke, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Downtown Roanoke City Neighborhood in Roanoke, VA
Walk Score®
90 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
80 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
51 / 100
Good Transit
Many nearby public transportation options
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 Downtown Roanoke City Apartments
How much is rent for a Cheap One Bedroom Downtown Roanoke City Apartment?
The lowest price for a Cheap One Bedroom Downtown Roanoke City Apartment is $1,030 at The Patrick Henry.
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.

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.

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.

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.

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.