110 Campbell Ave SE
RoanokeVA24011
Cheap Homes for Rent in the Loudon Melrose Neighborhood of Roanoke, VA from $595 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Loudon Melrose area of Roanoke.
202 Elm Ave
RoanokeVA24016
1624 Chapman Ave SW
RoanokeVA24016
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.
416 Hanover Ave NW
RoanokeVA24016
2818 Burton Ave NW
RoanokeVA24012
906 Hanover Ave NW
RoanokeVA24016
1825 Patterson 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.
Showing Results 1-8, Page 1 of 1
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 | $1,318 | $995 | $1,650 |
| Loudon Melrose 3 Bedroom Homes for Rent | $1,673 | $1,295 | $2,150 |
| Loudon Melrose 4 Bedroom Homes for Rent | $1,750 | $1,323 | $2,300 |
| Loudon Melrose 6 Bedroom Homes for Rent | $1,623 | $1,623 | $1,623 |
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 8 rentals with your search options within a 2 mile radius of the Loudon Melrose Neighborhood of Roanoke, VA.
Explore Roanoke
Loudon Melrose, Roanoke, VA Local Guide
- Nearby Roanoke neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
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. Liberty Pines 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 |
| Liberty Pines | 1 Beds, 1 Baths | 1BR,1BA | $815 |
| 120 Avendale Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $815 |
Best Value Apartments for Rent in Loudon Melrose, VA
As of September 10, 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 Article
Navigating 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 Article
Quick 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.
Let everyone know!
Do you know the Loudon Melrose area?
If you’re an expert on all things Loudon Melrose, tell us what you love (and don't) by rating it and writing a review.
Write a Review
Best Local Schools in Loudon Melrose, Roanoke, VA
Addison Aerospace Magnet Middle School
Roanoke City Public Schools
Public School - Grades 6-8 (542)
1 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 253 Apartments for Rent in Loudon Melrose, VA with pricing that ranges from $653 to $2,495. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Loudon Melrose ranging from $595 to $2,300.
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 $595 to $2,300 with an average monthly rent of $1,391.
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 $1,095 to $2,326, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,295 to $2,150. Four Bedroom Single-Family rentals are also available starting from $1,323 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.
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.