1528 Templeton Ave NE
RoanokeVA24012
Cheap Apartments for Rent in the Fallon Neighborhood of Roanoke, VA from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Fallon area of Roanoke.
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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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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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Fallon, Roanoke, VA Local Guide
How much does it cost to rent an apartment in Fallon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fallon 1 Bedroom Apartments | $1,369 | $695 | $2,565 |
| Fallon 2 Bedroom Apartments | $1,622 | $850 | $3,085 |
| Fallon 3 Bedroom Apartments | $2,094 | $1,249 | $3,420 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Fallon Neighborhood of Roanoke, VA.
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Fallon, Roanoke, VA Local Guide
- Nearby Roanoke neighborhoods
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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 Flats at Thrasher Park priced from $949. 3rd,SW,1401 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Fallon apartments for rent in Roanoke, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Flats at Thrasher Park | 1x1 | 1BR,1BA | $949 |
| 3rd,SW,1401 | 1BR/1.0BA | 1BR,1BA | $950 |
| Harrison School | One Bedroom One Bathroom | 1BR,1BA | $966 |
| Flats at Glade Creek | 2X1 | 2BR,1BA | $1,099 |
| Gramercy Row Apartment Residences | 1Bedroom 1 Bath 223 | 1BR,1BA | $1,100 |
Best Value Apartments for Rent in Fallon, VA
As of October 23, 2025 the best value apartment in the Fallon area is the $1.50 price per square foot 1802 Edmund Ave NE Model at 1802 Edmund Ave NE, Unit 1802 Edmund Ave in the in the Monterey neighborhood starting from $1,800. The second greatest value Fallon apartment is the Skydale Model at District Vue starting at $1,864 with a $1.86 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1802 Edmund Ave NE, Unit 1802 Edmund Ave | 1802 Edmund Ave NE | 3BR,2BA | $1.50 |
| District Vue | Skydale | 2BR,2BA | $1.86 |
| Glade Creek (I) | Renovated One Bedroom | 1BR,1BA | $1.50 |
| Flats at Glade Creek | 2X1 | 2BR,1BA | $1.29 |
| Ellsworth Place | 2x1 | 2BR,1BA | $1.62 |
| Mount Pleasant Villas | 2x1 | 2BR,1BA | $1.74 |
| Hickory Woods | Renovated One Bedroom | 1BR,1BA | $1.74 |
| 3rd,SW,1401 | 1BR/1.0BA | 1BR,1BA | $1.57 |
| Gramercy Row Apartment Residences | 1 Bedroom 1 Bath 103 | 1BR,1BA | $1.83 |
| Flats at Thrasher Park | 1x1 | 1BR,1BA | $2.00 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
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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 ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
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Pet Friendly LifestyleFallon, Roanoke, VA
Ranked #32
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Getting Around the Fallon Neighborhood in Roanoke, VA
Walk Score®
41 / 100
Car-Dependent
Most errands require a car
Bike Score®
55 / 100
Bikeable
Some bike infrastructure
Transit Score®
31 / 100
Some Transit
A few 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 Fallon Apartments
How much is rent for a Cheap One Bedroom Fallon Apartment?
The lowest price for a Cheap One Bedroom Fallon Apartment is $949 at Flats at Thrasher Park.
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 $1,099 at Flats at Glade Creek.
What is the most affordable Fallon Three Bedroom Apartment?
The best deal on a cheap Fallon Three Bedroom Apartment rental is at Hickory Woods and starts from $1,585.
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.
Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.
How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!
The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.