Cheap Apartments for Rent in the Fallon Neighborhood of Roanoke, VA from $400 (47 Rentals)

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

property at 2502 Liberty Rd NW

$815

Total Monthly Price

Total Monthly Price

Base Rent
$815

Total Monthly Price
$815

1 Bedroom, 1 Bath Home for Rent

Available Jul 17

2502 Liberty Rd NW

RoanokeVA24012
property at 611 Stewart Ave SE

$875 - $900

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

1 To 2 Bedroom Rentals

Available Now

611 Stewart Ave SE

RoanokeVA24013
property at 809 Jamison Ave SE

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

809 Jamison Ave SE

RoanokeVA24013
property at 19 Highland Ave SW

$923 - $1,223

Total Monthly Price

Total Monthly Price

Base Rent
$923

Total Monthly Price
$923

2 To 3 Bedroom Rentals

Available Now

19 Highland Ave SW

RoanokeVA24016
property at 1912 Wayne St NE

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Jun 5

1912 Wayne St NE

RoanokeVA24012
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The Heights at Gateway Park
Rent Specials
$999 - $1,499
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$999 - $1,499

Total Monthly Price
$999 - $1,499
1 to 2 Bedroom Apartments Available Now

The Heights at Gateway Park

601 Orange Ave NERoanoke, VA 24016
Corporate Housing
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  • 3D Tour

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.

property at 1016 15th St SE

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1016 15th St SE

RoanokeVA24013
property at 216 Patton Ave NW

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Jul 1

216 Patton Ave NW

RoanokeVA24016
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Liberty Pines
1 Bedroom Apartments

Liberty Pines

2502 Liberty AveRoanoke, VA 24012
  • Utilities Included
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Heritage Hall
1 to 2 Bedroom Apartments

Heritage Hall

379 Highland Ave SWRoanoke, VA 24016
  • Utilities Included
property at 202 Elm Ave

$749

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$749

Total Monthly Price
$749

Studio, 1 Bath Home for Rent

Available Now

202 Elm Ave

RoanokeVA24016
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Tinker Creek Manor
2 to 4 Bedroom Apartments

Tinker Creek Manor

2050 Tinker Creek DrRoanoke, VA 24012
  • Utilities Included
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2001 Lynn Ave
1 to 2 Bedroom Apartments

2001 Lynn Ave

2001 Lynn Ave SWRoanoke, VA 24014
  • Utilities Included

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 Patrick Henry
Studio to 2 Bedroom Apartments

The Patrick Henry

611 S Jefferson StRoanoke, VA 24011
Corporate Housing
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Cotton Mill Lofts
1 to 2 Bedroom Apartments

Cotton Mill Lofts

505 6th St SWRoanoke, VA 24016
Corporate Housing
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Bowman Park Townhomes
2 Bedroom Apartments

Bowman Park Townhomes

2801 Meadows St NWRoanoke, VA 24012
  • Utilities Included
property at 922 12th St SE

$899

Total Monthly Price

Total Monthly Price

Base Rent
$899

Total Monthly Price
$899

2 Bedroom, 1 Bath Home for Rent

Available Now

922 12th St SE

RoanokeVA24013
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2114 Carvin St NE
2 Bedroom Apartments

2114 Carvin St NE

2114 Carvin St NERoanoke, VA 24012
  • Utilities Included
property at 110 Campbell Ave SE

$935 - $1,350

Total Monthly Price

Total Monthly Price

Base Rent
$935

Total Monthly Price
$935

Studio To 1 Bedroom Rentals

Available Now

110 Campbell Ave SE

RoanokeVA24011
property at 2803 Burton Ave NW

$949

Total Monthly Price

Total Monthly Price

Base Rent
$949

Total Monthly Price
$949

2 Bedroom, 1 Bath Home for Rent

Available Now

2803 Burton Ave NW

RoanokeVA24012

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.

property at 2516 Oakland Blvd NW

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom, 1 Bath Home for Rent

Available Now

2516 Oakland Blvd NW

RoanokeVA24012
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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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Ellsworth Place
1 to 2 Bedroom Apartments

Ellsworth Place

3111 Ellsworth StRoanoke, VA 24012
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115 Elm Ave SW
1 to 2 Bedroom Apartments

115 Elm Ave SW

115 Elm Ave SWRoanoke, VA 24016
  • Utilities Included
property at 1138 Highland Ave SE

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

1138 Highland Ave SE

RoanokeVA24013
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The Jefferson
1 to 2 Bedroom Apartments

The Jefferson

2201 Jefferson St SWRoanoke, VA 24014
property at 1612 Campbell Ave SE

$1,023

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,023

Total Monthly Price
$1,023

3 Bedroom, 1 Bath Home for Rent

Available Now

1612 Campbell Ave SE

RoanokeVA24013
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3rd,SW,1401
1 Bedroom Apartments

3rd,SW,1401

1401 3rd St SWRoanoke, VA 24016
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301 Gilmer Ave
Studio to 2 Bedroom Apartments

301 Gilmer Ave

301 Gilmer AveRoanoke, VA 24016

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.

property at 113 Norfolk Ave SW

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom Rentals

Available May 8

113 Norfolk Ave SW

RoanokeVA24011
property at 1415 15th St NE

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

1 Bedroom, 1 Bath Home for Rent

Available Now

1415 15th St NE

RoanokeVA24012
property at 321 9th St

$696

Total Monthly Price

Total Monthly Price

Base Rent
$696

Total Monthly Price
$696

1 Bedroom, 1 Bath Home for Rent

Available Now

321 9th St

VintonVA24179
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902 Cottage Ave
2 Bedroom Apartments

902 Cottage Ave

902 Cottage AveVinton, VA 24179
  • Utilities Included
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125 W Virginia Ave
1 to 2 Bedroom Apartments

125 W Virginia Ave

125 W Virginia AveVinton, VA 24179
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Roland E. Cook Lofts
Studio to 2 Bedroom Apartments

Roland E. Cook Lofts

412 S Poplar StVinton, VA 24179
  • Utilities Included
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Starrview Homes
2 to 3 Bedroom Apartments

Starrview Homes

716 Dale AveVinton, VA 24179
  • Utilities Included

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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Dogwood Manor
2 Bedroom Apartments

Dogwood Manor

951 E Cleveland AveVinton, VA 24179
  • Utilities Included
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Niagara Townhouses
2 Bedroom Apartments

Niagara Townhouses

938-984 Niagara RdVinton, VA 24179
  • Utilities Included

Fallon, Roanoke, VA Local Guide

Cheapest Available Fallon Apartments for Rent

 

The cheapest available apartment rental in the Fallon area of Roanoke, VA is a 1 Bed unit found at 1222-1224 Maple Ave SW priced from $895. The Aurora - Residential has the second lowest priced unit, which is a Studio apartment currently listed from $935. Here are the most affordable Fallon apartments for rent in Roanoke, VA:

Apartment ListingModel NameBed/BathPriced From
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$895
The Aurora - Residential0BR/1.0BAStudio,1BA$935
The Heights at Gateway Park1 Bedroom Third Floor1BR,1BA$999
Mount Pleasant Villas1x11BR,1BA$999
3rd,SW,14011BR/1.0BA1BR,1BA$1,025
Ellsworth Place2x12BR,1BA$1,175
701 3rd Street2x12BR,1BA$1,249
Hickory WoodsRenovated One Bedroom1BR,1BA$1,335
Gramercy Row Apartment Residences1 Bedroom 1 Bath 1011BR,1BA$1,460

Best Value Apartments for Rent in Fallon, VA

As of April 24, 2026 the best value apartment in the Fallon area is the $1.41 price per square foot Renovated Two Bedroom Two Bathroom Model at Glade Creek (I) in the in the Monterey neighborhood starting from $1,665. The second greatest value Fallon apartment is the Skydale Model at District Vue starting at $1,697 with a $1.69 price per square foot in the Monterey neighborhood. Here is today’s list of the best values for Fallon apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Glade Creek (I)Renovated Two Bedroom Two Bathroom2BR,2BA$1.41
District VueSkydale2BR,2BA$1.69
The Heights at Gateway Park2 Bedroom First Floor Interior2BR,2BA$1.55
426 Walnut Ave SE, Unit D426 Walnut Ave SE2BR,1BA$1.40
Ellsworth Place2x12BR,1BA$1.62
East Pointe Luxury Apartments1BR/1BA1BR,1BA$2.15
Hickory WoodsRenovated One Bedroom1BR,1BA$1.94
3rd,SW,14011BR/1.0BA1BR,1BA$1.69
Mount Pleasant Villas1X1 Deluxe1BR,1BA$2.23
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$1.79

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

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Don't Settle: How to Negotiate Your Apartment Lease and Save Money

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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Lifestyle Ratings

ApartmentHomeLiving.com is happy to bring you our detailed rental analysis called 'Lifestyle Ratings' - a comparison of rentals in cities across the United States including Fallon, Roanoke, and the greater Roanoke area. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for easy access to the parks, luxury amenities, pet-friendly features, features that make it easier to raise kids, proximity to transit, and how walkable or bikeable each community and area is. Find Lifestyle Search in the filter options (above). Happy Searching!

Frequently Asked Questions about Cheap Fallon Apartments

How much is rent for a Cheap One Bedroom Fallon Apartment?

The lowest price for a Cheap One Bedroom Fallon Apartment is $895 at 1222-1224 Maple Ave SW.

What is the lowest price for a Cheap Two Bedroom Fallon Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Fallon is starting from $1,175 at Ellsworth Place.

What is the most affordable Fallon Three Bedroom Apartment?

The best deal on a cheap Fallon Three Bedroom Apartment rental is at Glade Creek (I) and starts from $1,800.

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

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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.