
Cheap Homes for Rent in Fallon Neighborhood of Roanoke, VA from $800 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Fallon area of Roanoke.


110 Campbell Ave SE

2516 Oakland Blvd NW

1138 Highland Ave SE
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.

113 Norfolk Ave SW

1415 15th St NE

401 Washington Avenue Southwest, Unit Washington Ave sw

519 5th St SE
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.

909 13th St SE
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 | $1,532 | $899 | $2,250 |
| Fallon 3 Bedroom Homes for Rent | $1,649 | $1,195 | $2,400 |
Browse Homes for Rent in this Neighborhood
There are currently 9 rentals with your search options within a 2 mile radius of the Fallon Neighborhood of Roanoke, VA.
Explore Roanoke
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| The Aurora - Residential | 0BR/1.0BA | Studio,1BA | $935 |
| The Heights at Gateway Park | 1 Bedroom Third Floor | 1BR,1BA | $999 |
Best Value Apartments for Rent in Fallon, VA
As of May 07, 2026 the best value apartment in the Fallon area is the $0.69 price per square foot 1033 Jeanette Ave Model at 1033 Jeanette Ave in the in the Monterey neighborhood starting from $1,250. The second greatest value Fallon apartment is the Skydale Model at District Vue starting at $1,710 with a $1.70 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. |
|---|---|---|---|
| 1033 Jeanette Ave | 1033 Jeanette Ave | 2BR,1BA | $0.69 |
| District Vue | Skydale | 2BR,2BA | $1.70 |
| Glade Creek (I) | Renovated One Bedroom | 1BR,1BA | $1.66 |
| Ellsworth Place | 2x1 | 2BR,1BA | $1.62 |
| East Pointe Luxury Apartments | 1BR/1BA | 1BR,1BA | $2.15 |
| The Heights at Gateway Park | 1 Bedroom First Floor | 1BR,1BA | $1.44 |
| Hickory Woods | Renovated One Bedroom | 1BR,1BA | $1.97 |
| 3rd,SW,1401 | 1BR/1.0BA | 1BR,1BA | $1.69 |
| 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 180 Apartments for Rent in Fallon, VA with pricing that ranges from $875 to $3,790. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fallon ranging from $899 to $2,400.
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 $899 to $2,400 with an average monthly rent of $1,298.
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

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.

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.

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.