
Cheap Apartments for Rent in the Loudon Melrose Neighborhood of Roanoke, VA from $400 (85 Rentals)
Search the lowest-cost Apartments available for rent right now in the Loudon Melrose area of Roanoke.


813 Westside Blvd NW

817 Westside Blvd NW

802 Westside Blvd NW

1314 Moorman Ave NW

1117 Rugby Blvd NW

615 Day Ave SW

1802 Patterson Ave SW

611 Stewart Ave SE

622 Allison Ave SW
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.

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1222-1224 Maple Ave SW

802 Rorer Ave SW

3720 Panorama Ave NW

1630 Wayne St NE

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The Cove Apartments

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2730 Forest Hill Ave NW, Unit 2732 Forest Hill

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1955 Belleville Rd SW, Unit 1953 Belleville Rd, Apt 2

631 Campbell Ave LLC - Residential

1502 Gilmer Ave NW

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Blue Ridge Village Apartments
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.

2204 York Rd SW

1331 Main St SW

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West Creek Manor

Gardens At Grandin - II

2125 Orange Ave NW

934 Floyd Ave SW

1818 Rorer Ave SW

401 Washington Avenue Southwest, Unit Washington Ave sw

1114 Lafayette Blvd NW

2016 Sanford Ave SW
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

715 Marshall Ave SW

1415 Chapman Ave SW

115 Elm Ave

1131 Wasena Ave SW

355 Highland Ave SW

1430 Chapman Ave SW

The Aurora - Residential

1717-1719 Chapman Ave SW

515 Washington Avenue Southwest, Unit Washington A

3751 Sunrise Ave NW
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.

2611-2613 Bowman St NW

1329 Campbell Ave SW

1129 Forest Park Blvd NW, Unit A

2216-2218 Memorial Ave SW

832 Westside

Liberty Pines

McCray Court Senior Living

Abbingdon of Old Southwest

Ashton Heights

El Ray Apartments
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.
Loudon Melrose, Roanoke, VA Local Guide

How much does it cost to rent an apartment in Loudon Melrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Loudon Melrose Studio Apartments | $1,289 | $1,289 | $1,289 |
| Loudon Melrose 1 Bedroom Apartments | $1,302 | $696 | $1,704 |
| Loudon Melrose 2 Bedroom Apartments | $1,364 | $778 | $2,255 |
| Loudon Melrose 3 Bedroom Apartments | $1,658 | $1,095 | $2,334 |
| Loudon Melrose 4 Bedroom Apartments | $1,803 | $1,545 | $1,940 |
Browse Apartments in this Neighborhood
There are currently 85 rentals with your search options within a 2 mile radius of the Loudon Melrose Neighborhood of Roanoke, VA.
See all Apartments in RoanokeExplore Roanoke
Loudon Melrose, Roanoke, VA Local Guide
- Nearby Roanoke neighborhoods
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Cheapest Available Loudon Melrose Apartments for Rent
 The cheapest available apartment rental in the Loudon Melrose area of Roanoke, VA is a 1 Bed unit found at 1624 SW Chapman Ave priced from $799. 1222-1224 Maple Ave SW has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Loudon Melrose apartments for rent in Roanoke, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1624 SW Chapman Ave | 1 Beds, 1 Baths | 1BR,1BA | $799 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| 631 Campbell Ave LLC - Residential | 1BR/1.0BA | 1BR,1BA | $995 |
| 3rd,SW,1401 | 1BR/1.0BA | 1BR,1BA | $1,025 |
| Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1,125 |
| The Aurora - Residential | 1BR/1.0BA | 1BR,1BA | $1,150 |
| West Creek Manor | 2 Bedroom | 2BR,1BA | $1,169 |
| Ellsworth Place | 2x1 | 2BR,1BA | $1,199 |
Best Value Apartments for Rent in Loudon Melrose, VA
As of June 14, 2026 the best value apartment in the Loudon Melrose area is the $1.10 price per square foot 1609 Chapman Ave SW Model at 1609 Chapman Ave SW, Unit B in the in the Gilmer neighborhood starting from $1,545. The second greatest value Loudon Melrose apartment is the 2BR/1.0BA Model at Gardens At Grandin - II starting at $1,125 with a $1.07 price per square foot in the Gilmer neighborhood. Here is today’s list of the best values for Loudon Melrose apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1609 Chapman Ave SW, Unit B | 1609 Chapman Ave SW | 4BR,1BA | $1.10 |
| Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1.07 |
| West Creek Manor | 2 Bedroom | 2BR,1BA | $1.11 |
| 733 West | 2 Bedroom Reno | 2BR,2BA | $1.53 |
| WESTWIND APARTMENT HOMES | 2 Bedroom Gold without washer dryer hook ups | 2BR,1.5BA | $1.51 |
| 523 Arbutus Ave SE, Unit 523-B | 523 Arbutus Ave SE | 2BR,2BA | $1.58 |
| Langdon Square | 2x2 | 2BR,2BA | $1.55 |
| 356 Walnut Ave SW | 1 Beds, 1 Baths | 1BR,1BA | $1.53 |
| 1955 Belleville Rd SW, Unit 1953 Belleville Rd, Apt 2 | 1955 Belleville Rd SW | 1BR,1BA | $1.23 |
| 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.
Read ArticleReal 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.
Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Best Local Schools in Loudon Melrose, Roanoke, VA
Addison Aerospace Magnet Middle School
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you comprehensive Lifestyle Ratings of rentals in cities across the United States, including Roanoke. LifeStyle Ratings are the best way to sort through finding a place to live - beyond price and floorplan. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, features that make it easier to raise kids, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap Loudon Melrose Apartments
How much is rent for a Cheap One Bedroom Loudon Melrose Apartment?
The lowest price for a Cheap One Bedroom Loudon Melrose Apartment is $799 at 1624 SW Chapman Ave.
What is the lowest price for a Cheap Two Bedroom Loudon Melrose Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Loudon Melrose is starting from $1,125 at Gardens At Grandin - II.
What is the most affordable Loudon Melrose Three Bedroom Apartment?
The best deal on a cheap Loudon Melrose Three Bedroom Apartment rental is at 733 West and starts from $1,640.
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

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.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.