
Cheap Homes for Rent in Roanoke, VA from $500 (10 Rentals)
Search the lowest-cost Homes available for rent right now in Roanoke.


10 Church Ave SE
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.

202 Elm Ave

1831 Oxford Ave SW

1022 Hamilton Avenue

922 12th St SE

2013 Dale Ave SE, Unit Upper Unit "B" - No Utilities Furnished
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

1620 Keswick Ave NE, Unit 1620 Keswick

103 Wildhurst Ave NE

2114 Windsor Ave SW
Roanoke, VA Local Guide

How much does it cost to rent a home in Roanoke?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Roanoke 2 Bedroom Homes for Rent | $1,300 | $849 | $1,650 |
Roanoke 3 Bedroom Homes for Rent | $1,792 | $1,195 | $3,030 |
Roanoke 4 Bedroom Homes for Rent | $2,009 | $1,400 | $2,800 |
Browse Top Homes for Rent in Roanoke
Explore Roanoke
Roanoke, VA Local Guide
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Cheapest Neighborhoods for Apartments in Roanoke, VA
Pricing Updated: 06/21/2025Current apartment rentals in the Roanoke, VA area range in price from $695 to $4,109 with an overall median price of $1,794. The three Roanoke neighborhoods with the lowest median rent pricing are Walnut Hill at $695, Williamson Road at $695, and River Land at $695. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Roanoke Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
Walnut Hill | $1,282 | $695 | 49 |
Williamson Road | $1,282 | $695 | 48 |
River Land | $1,300 | $695 | 48 |
Gainsboro | $1,334 | $695 | 62 |
Downtown Roanoke City | $1,500 | $1,049 | 9 |
Belmont | $1,630 | $695 | 55 |
Hollins Roanoke City | $1,675 | $695 | 49 |
Airport | $1,685 | $786 | 36 |
Grandin Court | $1,691 | $795 | 32 |
Colonial Avenue Area | $1,724 | $795 | 43 |
Cheapest Available Roanoke Apartments for Rent
 The cheapest available apartment rental in Roanoke, VA is a Studio unit found at Ridgeview Apartments in the Monterey neighborhood priced from $660. The Patrick Henry in the Gilmer neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $854. Here is today’s list of the most affordable Roanoke apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ridgeview Apartments | Studio | Studio,1BA | $660 |
The Patrick Henry | S1 - 4 | Studio,1BA | $854 |
The Everett | 1 Bed 1Bath - 1A | 1BR,1BA | $900 |
Best Value Apartments for Rent in Roanoke, VA
As of June 21, 2025 the best value apartment in the Roanoke area is the $1.13 price per square foot One bed 1 1/2 bath Model at Horton Lofts in the in the Gilmer neighborhood starting from $1,875. The second greatest value Roanoke apartment is the 3x2.5 Model at Langdon Square starting at $1,799 with a $1.20 price per square foot in the Hurt Park neighborhood. Here is today’s list of the best values for Roanoke apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Horton Lofts | One bed 1 1/2 bath | 1BR,1.5BA | $1.13 |
Langdon Square | 3x2.5 | 3BR,2.5BA | $1.20 |
WestWind Apartment Homes | 2 bedroom with den | 2BR,1.5BA | $1.18 |
2314 Wycliffe Ave SW, Unit B | 2314 Wycliffe Ave SW | 2BR,1BA | $1.08 |
Blue Ridge Village Apartments | 2/1.5 50% AMI | 2BR,1.5BA | $0.94 |
Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $1.12 |
2225 Berkley Ave SW, Unit Apt. 2 | 2225 Berkley Ave SW | 2BR,1BA | $1.15 |
1732 Hanover Ave NW, Unit B | 1732 Hanover Ave NW | 2BR,1BA | $0.91 |
1827 Jerome St SE, Unit 1827 | 1827 Jerome St SE | 2BR,1BA | $0.89 |
1117 Rugby Blvd NW, Unit B | 1117 Rugby Blvd NW | 2BR,1BA | $1.12 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Roanoke
What type of rentals are currently available in Roanoke?
There are currently 384 Apartments for Rent in Roanoke, VA with pricing that ranges from $695 to $4,109. There are also 65 Single Family Homes for rent, Condos, and Townhome rentals currently available in Roanoke ranging from $575 to $3,030.
What is the current price range for Rental Homes in Roanoke?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Roanoke ranges from $575 to $3,030 with an average monthly rent of $1,348.
How much are larger Three and Four Bedroom Rentals in Roanoke?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Roanoke range from $861 to $4,109, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $3,030. Four Bedroom Single-Family rentals are also available starting from $1,400 and Four Bedroom Apartments start at $1,725.
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.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
Written by: Cheryl Bowman
A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.