202 Elm Ave
RoanokeVA24016
Cheap Homes for Rent in Fallon Neighborhood of Roanoke, VA from $700 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Fallon area of Roanoke.
421 Elm Ave
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.
2803 Burton Ave NW
RoanokeVA24012
2516 Oakland Blvd 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.
1138 Highland Ave SE
RoanokeVA24013
Showing Results 1-5, 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 | $1,354 | $949 | $1,600 |
| Fallon 3 Bedroom Homes for Rent | $1,337 | $1,123 | $1,650 |
| Fallon 4 Bedroom Homes for Rent | $2,697 | $2,200 | $3,195 |
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 5 rentals with your search options within a 2 mile radius of the Fallon Neighborhood of Roanoke, VA.
Explore Roanoke
Let everyone know!
Do you know the Fallon area?
If you’re an expert on all things Fallon, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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 Heights at Gateway Park 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 |
| The Heights at Gateway Park | 1 Bedroom Third Floor | 1BR,1BA | $999 |
| Mount Pleasant Villas | 1x1 | 1BR,1BA | $999 |
Best Value Apartments for Rent in Fallon, VA
As of March 22, 2026 the best value apartment in the Fallon area is the $1.30 price per square foot Renovated Two Bedroom Two Bathroom Model at Glade Creek (I) in the in the Monterey neighborhood starting from $1,535. The second greatest value Fallon apartment is the 908 Franklin Rd SW Model at 908 Franklin Rd SW, Unit 2 starting at $1,500 with a $1.36 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 Two Bedroom Two Bathroom | 2BR,2BA | $1.30 |
| 908 Franklin Rd SW, Unit 2 | 908 Franklin Rd SW | 3BR,1BA | $1.36 |
| The Heights at Gateway Park | 2 Bedroom First Floor Interior | 2BR,2BA | $1.55 |
| District Vue | Luca Patio | 1BR,1BA | $1.84 |
| East Pointe Luxury Apartments | 1BR/1BA | 1BR,1BA | $2.15 |
| Hickory Woods | Renovated One Bedroom | 1BR,1BA | $2.02 |
| Gramercy Row Apartment Residences | 1 Bedroom 1 Bath 101 | 1BR,1BA | $2.50 |
| Century Bridges | Sydney (The Woods) | 1BR,1BA | $2.44 |
| Mount Pleasant Villas | 1X1 Deluxe | 1BR,1BA | $2.23 |
| 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 184 Apartments for Rent in Fallon, VA with pricing that ranges from $895 to $3,795. There are also 26 Single Family Homes for rent, Condos, and Townhome rentals currently available in Fallon ranging from $749 to $3,195.
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 $749 to $3,195 with an average monthly rent of $1,425.
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
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.
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.
A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.
Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.