202 Elm Ave
RoanokeVA24016
Cheap Homes for Rent in Loudon Melrose Neighborhood of Roanoke, VA from $700 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Loudon Melrose area of Roanoke.
421 Elm Ave
RoanokeVA24016
1306 Patterson Ave SW
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
949 Hunt Ave 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.
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Loudon Melrose, Roanoke, VA Local Guide
How much does it cost to rent a home in Loudon Melrose?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Loudon Melrose 2 Bedroom Homes for Rent | $1,292 | $1,000 | $1,500 |
| Loudon Melrose 3 Bedroom Homes for Rent | $1,508 | $1,195 | $2,000 |
| Loudon Melrose 4 Bedroom Homes for Rent | $2,855 | $1,500 | $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 6 rentals with your search options within a 2 mile radius of the Loudon Melrose Neighborhood of Roanoke, VA.
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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 1222-1224 Maple Ave SW priced from $895. Gardens At Grandin - II has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,125. Here are the most affordable Loudon Melrose 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 |
| Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1,125 |
| Blue Ridge Village Apartments | 2/1.5 50% AMI | 2BR,1BA | $1,173 |
Best Value Apartments for Rent in Loudon Melrose, VA
As of March 13, 2026 the best value apartment in the Loudon Melrose area is the $1.09 price per square foot 1609 Chapman Ave SW Model at 1609 Chapman Ave SW, Unit B in the in the Gilmer neighborhood starting from $1,525. The second greatest value Loudon Melrose apartment is the 857 Marshall Ave SW Model at 857 Marshall Ave SW, Unit #A starting at $1,375 with a $1.15 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 | $1.09 |
| 857 Marshall Ave SW, Unit #A | 857 Marshall Ave SW | 2BR,1BA | $1.15 |
| 733 West | 3 Bedroom Classic | 3BR,2BA | $1.28 |
| WestWind Apartment Homes | 2 bedroom | 2BR,1.5BA | $1.10 |
| Blue Ridge Village Apartments | 2/1.5 50% AMI | 2BR,1.5BA | $1.05 |
| 1801 Grandin Road Southwest | 1801 Grandin Road Southwest - 1809... | 2BR,1.5BA | $1.14 |
| 908 Franklin Rd SW, Unit 2 | 908 Franklin Rd SW | 3BR,1BA | $1.36 |
| Gardens At Grandin - II | 2BR/1.0BA | 2BR,1BA | $1.07 |
| Gramercy Row Apartment Residences | 2 Bedroom 1 Bath 108 | 2BR,1BA | $1.61 |
| The Cove Apartments | 2x1 | 2BR,1BA | $1.17 |
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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash 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.
Read ArticleQuick Rent Budget Calculator
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Best Local Schools in Loudon Melrose, Roanoke, VA
Addison Aerospace Magnet Middle School
Roanoke City Public Schools
Public School - Grades 6-8 (523)
2 out of 10
School data provided by Great Schools
Frequently Asked Questions about Loudon Melrose
What type of rentals are currently available in Loudon Melrose?
There are currently 232 Apartments for Rent in Loudon Melrose, VA with pricing that ranges from $716 to $2,620. There are also 30 Single Family Homes for rent, Condos, and Townhome rentals currently available in Loudon Melrose ranging from $749 to $3,195.
What is the current price range for Rental Homes in Loudon Melrose?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Loudon Melrose ranges from $749 to $3,195 with an average monthly rent of $1,471.
How much are larger Three and Four Bedroom Rentals in Loudon Melrose?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Loudon Melrose range from $1,001 to $2,378, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,195 to $2,000. Four Bedroom Single-Family rentals are also available starting from $1,500 and Four Bedroom Apartments start at $1,525.
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.