
Cheap Apartments for Rent in the Loudon Melrose Neighborhood of Roanoke, VA from $450 (84 Rentals)
Search the lowest-cost Apartments available for rent right now in the Loudon Melrose area of Roanoke.


1714 Melrose Ave NW

801 Westside Blvd NW

1732 Hanover Ave NW

1416 Moorman Ave NW

2502 Liberty Rd NW

3720 Panorama Ave NW

902 Staunton Ave NW

1802 Patterson Ave SW

611 Stewart Ave SE
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.

622 Allison Ave SW

1912 Wayne St NE

1334 Chapman Ave SW

2122 Staunton Ave NW

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1222-1224 Maple Ave SW

802 Rorer Ave SW

829 Westside Blvd NW

321 Dale Ave SE

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809 6th St SE, Unit Apt B

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901 Campbell Ave SW, Unit A
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.

379 Walnut Ave SW

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Gardens At Grandin - II

353 Highland Ave SW

3751 Sunrise Ave NW

1214 Hamilton Terrace SE

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The Cove at Peter's CreeK

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Blue Ridge Village Apartments

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West Creek Manor

910 Campbell Ave SW

715 Marshall Ave SW
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.

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The Aurora - Residential

2611-2613 Bowman St NW

2125 Orange Ave NW

1818 Rorer Ave SW

934 Floyd Ave SW

1825 Patterson Ave SW

2107 Staunton Ave NW

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422 King George Ave SW, Unit 3

515 Albemarle Ave SE

832 Westside
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.

McCray Court Senior Living

Abbingdon of Old Southwest

110 Campbell Ave SE

Ashton Heights

El Ray Apartments

Heritage Hall

Greenbrier West

Mountain View Terrace Apartments

Terrace North Apartments

2703 Broad St NW
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.
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 | $1,222 | $646 | $1,609 |
| Loudon Melrose 2 Bedroom Apartments | $1,317 | $653 | $2,495 |
| Loudon Melrose 3 Bedroom Apartments | $1,676 | $995 | $2,316 |
| Loudon Melrose 4 Bedroom Apartments | $1,887 | $1,805 | $1,929 |
Browse Apartments in this Neighborhood
There are currently 84 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
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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. 120 Avendale Ave NE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. 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 |
| 120 Avendale Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $815 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| 829 Westside Blvd NW | 1BR/1.0BA | 1BR,1BA | $895 |
| Liberty Pines | 2 Beds, 1 Baths | 2BR,1BA | $900 |
| Walnut/379 | 1BR/1.0BA | 1BR,1BA | $980 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $995 |
| 3802 Panorama Ave NW | 2BR/1.0BA | 2BR,1BA | $995 |
| Brandon West | 2 Beds, 1 Baths | 2BR,1BA | $1,010 |
Best Value Apartments for Rent in Loudon Melrose, VA
As of September 13, 2026 the best value apartment in the Loudon Melrose area is the $0.91 price per square foot 2/1.5 40% AMI Model at Blue Ridge Village Apartments in the in the Gilmer neighborhood starting from $1,015. The second greatest value Loudon Melrose apartment is the 2 Beds, 1.5 Baths Model at Bridgeway Gardens starting at $1,035 with a $0.94 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. |
|---|---|---|---|
| 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 | $1.27 |
| West Creek Manor | 2 Bedroom | 2BR,1BA | $1.11 |
| 809 6th St SE, Unit Apt B | 809 6th St SE | 2BR,1BA | $1.03 |
| 3802 Panorama Ave NW | 2BR/1.0BA | 2BR,1BA | $1.11 |
| Gardens At Grandin - II | 1BR/1.0BA | 1BR,1BA | $1.24 |
| 120 Avendale Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $1.16 |
| 829 Westside Blvd NW | 1BR/1.0BA | 1BR,1BA | $1.28 |
| 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 ArticleNavigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 $900 at Liberty Pines.
What is the most affordable Loudon Melrose Three Bedroom Apartment?
The best deal on a cheap Loudon Melrose Three Bedroom Apartment rental is at 2125 Orange Ave NW and starts from $1,095.
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.

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!
Written by: Robin Stewart
Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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.