110 Campbell Ave SE
RoanokeVA24011
Cheap Homes for Rent in the Fallon Neighborhood of Roanoke, VA from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Fallon area of Roanoke.
202 Elm Ave
RoanokeVA24016
1138 Highland Ave SE
RoanokeVA24013
922 12th St SE
RoanokeVA24013
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.
343 Walnut Ave SW
RoanokeVA24016
2516 Oakland Blvd NW
RoanokeVA24012
416 Hanover Ave NW
RoanokeVA24016
1020 Jamison Ave SE
RoanokeVA24013
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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Fallon, Roanoke, VA Local Guide
How much does it cost to rent a home in Fallon?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Fallon 2 Bedroom Homes for Rent | $1,330 | $899 | $2,250 |
| Fallon 3 Bedroom Homes for Rent | $1,612 | $1,200 | $2,200 |
| Fallon 4 Bedroom Homes for Rent | $1,539 | $1,378 | $1,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the Fallon Neighborhood of Roanoke, VA.
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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 Liberty Pines priced from $815. 120 Avendale Ave NE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $855. Here are the most affordable Fallon apartments for rent in Roanoke, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Liberty Pines | 1 Beds, 1 Baths | 1BR,1BA | $815 |
| 120 Avendale Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $855 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
Best Value Apartments for Rent in Fallon, VA
As of August 07, 2026 the best value apartment in the Fallon area is the $1.33 price per square foot Renovated Three Bedroom Model at Glade Creek (I) in the in the Monterey neighborhood starting from $1,745. The second greatest value Fallon apartment is the 2BR/1.0BA Model at The Aurora - Residential starting at $1,600 with a $1.70 price per square foot in the Gilmer 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. |
|---|---|---|---|
| Glade Creek (I) | Renovated Three Bedroom | 3BR,2BA | $1.33 |
| The Aurora - Residential | 2BR/1.0BA | 2BR,1BA | $1.70 |
| Hickory Woods | Renovated Two Bedroom Two Bathroom | 2BR,2BA | $1.68 |
| Flats at Glade Creek | 2X1 | 2BR,1BA | $1.48 |
| 426 Walnut Ave SE, Unit D | 426 Walnut Ave SE | 2BR,1BA | $1.40 |
| Ellsworth Place | 2x1 | 2BR,1BA | $1.65 |
| 120 Avendale Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $1.22 |
| The Heights at Gateway Park | 1 Bedroom First Floor | 1BR,1BA | $1.58 |
| 2730 Forest Hill Ave NW, Unit 2732 Forest Hill | 2730 Forest Hill Ave NW | 1BR,1BA | $1.63 |
| Liberty Pines | 1 Beds, 1 Baths | 1BR,1BA | $1.48 |
Frequently Asked Questions about Fallon
What type of rentals are currently available in Fallon?
There are currently 202 Apartments for Rent in Fallon, VA with pricing that ranges from $716 to $3,845. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fallon ranging from $595 to $2,250.
What is the current price range for Rental Homes in Fallon?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Fallon ranges from $595 to $2,250 with an average monthly rent of $1,318.
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
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.
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.
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.