Cheap Apartments for Rent in the Downtown Roanoke City Neighborhood of Roanoke, VA from $625 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Downtown Roanoke City area of Roanoke.

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Gramercy Row Apartment Residences
Rent Specials
$1,382 - $1,710
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,307 - $1,635
Required Monthly Fees
$75

Total Monthly Price
$1,382 - $1,710
1 to 2 Bedroom Apartments Available Sep 3

Gramercy Row Apartment Residences

206 Williamson Rd SERoanoke, VA 24011
Corporate Housing
  • Verified
  • Customer Reviewed
  • Utilities Included
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1014 3rd St SW
1 to 2 Bedroom Apartments

1014 3rd St SW

1014 3rd St SWRoanoke, VA 24016
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111 Highland Ave SW
1 Bedroom Apartments

111 Highland Ave SW

111 Highland Ave SWRoanoke, VA 24016
  • Smoke Free

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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805 3rd St
1 to 2 Bedroom Apartments

805 3rd St

805 3rd StRoanoke, VA 24016
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Elm Estates
1 to 2 Bedroom Apartments

Elm Estates

378 Elm AveRoanoke, VA 24016
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403 Salem LLC
1 Bedroom Apartments

403 Salem LLC

403 Salem Ave SWRoanoke, VA 24016
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The Auction House
Studio to 2 Bedroom Apartments

The Auction House

327 Campbell Ave SWRoanoke, VA 24016

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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The Hancock Building
1 to 2 Bedroom Apartments

The Hancock Building

35 Campbell Ave SWRoanoke, VA 24011
  • Utilities Included
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Mountain Manor
1 to 2 Bedroom Apartments

Mountain Manor

201 Mountain Ave SWRoanoke, VA 24016
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One Elm Place
Studio Apartments

One Elm Place

720-722 1st St SWRoanoke, VA 24016
  • Utilities Included
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The Crossings
1 to 3 Bedroom Apartments

The Crossings

8 N Jefferson StRoanoke, VA 24016
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Big Lick Junction
1 Bedroom Apartments

Big Lick Junction

302 Campbell Ave SERoanoke, VA 24016
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204 Jefferson
1 Bedroom Apartments

204 Jefferson

204 S Jefferson St SERoanoke, VA 24011

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.

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 631 Campbell Ave LLC - Residential priced from $990. The Aurora - Residential has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,075. Here are the most affordable Downtown Roanoke City apartments for rent in Roanoke, VA:

Apartment ListingModel NameBed/BathPriced From
631 Campbell Ave LLC - ResidentialStudio LoftStudio,1BA$990
The Aurora - Residential1BR/1.0BA1BR,1BA$1,075
701 3rd Street1x11BR,1BA$1,149

Best Value Apartments for Rent in Downtown Roanoke City, VA

As of August 27, 2026 the best value apartment in the Downtown Roanoke City area is the $1.60 price per square foot 2BR/1.0BA Model at The Aurora - Residential in the in the Gilmer neighborhood starting from $1,500. The second greatest value Downtown Roanoke City apartment is the Studio Loft Model at 631 Campbell Ave LLC - Residential starting at $990 with a $2.08 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Aurora - Residential2BR/1.0BA2BR,1BA$1.60
631 Campbell Ave LLC - ResidentialStudio LoftStudio ,1BA$2.08

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 $995 at 631 Campbell Ave LLC - Residential.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.