717 Orange Ave NW
RoanokeVA24016
Cheap Homes for Rent in Fallon Neighborhood of Roanoke, VA from $800 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Fallon area of Roanoke.
1138 Highland Ave SE
RoanokeVA24013
1604 keswick Ave NE, Unit 1612 Keswick
1604 keswick Ave NE
RoanokeVA24012
922 12th St SE
RoanokeVA24013
2516 Oakland Blvd NW
RoanokeVA24012
1415 15th St NE
RoanokeVA24012
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.
1020 Jamison Ave SE
RoanokeVA24013
425 Campbell Ave SW
RoanokeVA24016
2803 Burton Ave NW
RoanokeVA24012
515 Washington Avenue Southwest, Unit Washington A
515 Washington Avenue Southwest
RoanokeVA24016
1423 Burrell St NW
RoanokeVA24012
416 Hanover Ave NW
RoanokeVA24016
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.
603 Strand Rd NE
RoanokeVA24012
Showing Results 1-13, Page 1 of 1
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 | $1,393 | $895 | $2,200 |
| Fallon 3 Bedroom Homes for Rent | $1,686 | $1,200 | $2,200 |
| Fallon 4 Bedroom Homes for Rent | $1,750 | $1,750 | $1,750 |
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 13 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 1222-1224 Maple Ave SW priced from $895. Mount Pleasant Villas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Fallon apartments for rent in Roanoke, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Mount Pleasant Villas | 1x1 | 1BR,1BA | $999 |
| The Aurora - Residential | 1BR/1.0BA | 1BR,1BA | $1,150 |
| Ellsworth Place | 2x1 | 2BR,1BA | $1,199 |
| The Heights at Gateway Park | 1 Bedroom Third Floor | 1BR,1BA | $1,199 |
Best Value Apartments for Rent in Fallon, VA
As of June 22, 2026 the best value apartment in the Fallon area is the $1.38 price per square foot Renovated Two Bedroom Two Bathroom Model at Glade Creek (I) in the in the Monterey neighborhood starting from $1,630. The second greatest value Fallon apartment is the 523 Arbutus Ave SE Model at 523 Arbutus Ave SE, Unit 523-B starting at $1,500 with a $1.58 price per square foot in the Southern Hills 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 Two Bedroom Two Bathroom | 2BR,2BA | $1.38 |
| 523 Arbutus Ave SE, Unit 523-B | 523 Arbutus Ave SE | 2BR,2BA | $1.58 |
| Flats at Glade Creek | 2X1 | 2BR,1BA | $1.48 |
| 356 Walnut Ave SW | 1 Beds, 1 Baths | 1BR,1BA | $1.53 |
| The Heights at Gateway Park | 1 Bedroom First Floor | 1BR,1BA | $1.73 |
| Hickory Woods | Renovated One Bedroom | 1BR,1BA | $2.06 |
| 2730 Forest Hill Ave NW, Unit 2732 Forest Hill | 2730 Forest Hill Ave NW | 1BR,1BA | $1.63 |
| Ellsworth Place | 1x1 | 1BR,1BA | $1.67 |
| Mount Pleasant Villas | 1x1 | 1BR,1BA | $1.98 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $1.79 |
Frequently Asked Questions about Fallon
What type of rentals are currently available in Fallon?
There are currently 194 Apartments for Rent in Fallon, VA with pricing that ranges from $800 to $3,885. There are also 33 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fallon ranging from $895 to $2,200.
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 $895 to $2,200 with an average monthly rent of $1,463.
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
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.
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.
Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.
Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.