110 Campbell Ave SE
RoanokeVA24011
Cheap Homes for Rent in Roanoke, VA from $500 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Roanoke.
202 Elm Ave
RoanokeVA24016
1624 Chapman Ave SW
RoanokeVA24016
817 Ferdinand Ave SW
RoanokeVA24016
1138 Highland Ave SE
RoanokeVA24013
922 12th St SE
RoanokeVA24013
2516 Oakland Blvd NW
RoanokeVA24012
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.
420 Albemarle Ave SW
RoanokeVA24016
1020 Jamison Ave SE
RoanokeVA24013
2047 Denniston Ave SW
RoanokeVA24015
4111 Maine Ave NW
RoanokeVA24017
416 Hanover Ave NW
RoanokeVA24016
440 Mountain Ave SW
RoanokeVA24016
425 Campbell Ave SW
RoanokeVA24016
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.
3821 Vermont Ave NW
RoanokeVA24017
2203 Courtland Rd NE
RoanokeVA24012
1615 Carroll Ave NW
RoanokeVA24017
1920 Eastern Ave NE
RoanokeVA24012
1033 Hunt Ave NW
RoanokeVA24012
804 Munford Ave SE
RoanokeVA24013
603 Strand Rd NE
RoanokeVA24012
How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.
Showing Results 1-21, Page 1 of 1
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 | $1,425 | $875 | $2,200 |
| Roanoke 3 Bedroom Homes for Rent | $1,929 | $1,195 | $2,995 |
| Roanoke 4 Bedroom Homes for Rent | $2,643 | $1,550 | $4,400 |
| Roanoke 6 Bedroom Homes for Rent | $2,036 | $1,623 | $2,450 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
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Roanoke, VA Local Guide
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Cheapest Neighborhoods for Apartments in Roanoke, VA
Pricing Updated: 08/02/2026Current apartment rentals in the Roanoke, VA area range in price from $595 to $4,400 with an overall median price of $1,412. The three Roanoke neighborhoods with the lowest median rent pricing are Old Southwest at $950, Downtown Roanoke City at $1,030, and Washington Heights at $1,150. 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 |
|---|---|---|---|
| Old Southwest | $950 | $775 | 4 |
| Downtown Roanoke City | $1,030 | $595 | 5 |
| Washington Heights | $1,150 | $1,095 | 2 |
| Fallon | $1,250 | $595 | 25 |
| Williamson Road | $1,275 | $595 | 32 |
| Belmont | $1,300 | $595 | 29 |
| Hollins Roanoke City | $1,300 | $595 | 29 |
| Kenwood | $1,300 | $595 | 20 |
| Wildwood | $1,300 | $595 | 20 |
| Gainsboro | $1,322 | $595 | 32 |
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 $690. 1624 SW Chapman Ave in the Gilmer neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $799. 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 | $690 |
| 1624 SW Chapman Ave | 1 Beds, 1 Baths | 1BR,1BA | $799 |
| 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 Roanoke, VA
As of August 02, 2026 the best value apartment in the Roanoke area is the $1.06 price per square foot 3 Bedroom x 1.5 Bathroom Classic Floor Plan Model at Countryside Estates in the in the Peachtree Norwood neighborhood starting from $1,457. The second greatest value Roanoke apartment is the 2 Bedroom Model at The Aspen starting at $1,449 with a $1.28 price per square foot in the Westview Terrace 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. |
|---|---|---|---|
| Countryside Estates | 3 Bedroom x 1.5 Bathroom Classic Floor Plan | 3BR,1.5BA | $1.06 |
| The Aspen | 2 Bedroom | 2BR,2BA | $1.28 |
| Blue Ridge Village Apartments | 2/1.5 40% AMI | 2BR,1.5BA | $0.91 |
| Bridgeway Gardens | 2 Beds, 1.5 Baths | 2BR,1.5BA | $0.94 |
| 1801 Grandin Road Southwest | 1801 Grandin Road Southwest - 2006... | 3BR,1.5BA | $1.18 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $0.99 |
| Northridge Village | B1 | 2BR,1BA | $1.28 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $1.24 |
| 120 Avendale Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $1.22 |
| 1624 SW Chapman Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.23 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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Best Local Schools in Roanoke, VA
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Remember the 3 Rules of Real Estate:Location, Location, Location!
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Frequently Asked Questions about Roanoke
What type of rentals are currently available in Roanoke?
There are currently 404 Apartments for Rent in Roanoke, VA with pricing that ranges from $671 to $3,845. There are also 98 Single Family Homes for rent, Condos, and Townhome rentals currently available in Roanoke ranging from $595 to $4,400.
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 $595 to $4,400 with an average monthly rent of $1,685.
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 $923 to $3,825, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,550 and Four Bedroom Apartments start at $1,805.
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.