
Cheap Apartments for Rent in the Old Southwest Neighborhood of Roanoke, VA from $500 (24 Rentals)
Search the lowest-cost Apartments available for rent right now in the Old Southwest area of Roanoke.

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Old Southwest, Roanoke, VA Local Guide

How much does it cost to rent an apartment in Old Southwest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Southwest 1 Bedroom Apartments | $1,239 | $895 | $1,442 |
| Old Southwest 2 Bedroom Apartments | $1,425 | $1,000 | $1,635 |
| Old Southwest 3 Bedroom Apartments | $1,936 | $1,936 | $1,936 |
Browse Apartments in this Neighborhood
There are currently 24 rentals with your search options within a 2 mile radius of the Old Southwest Neighborhood of Roanoke, VA.
See all Apartments in RoanokeExplore Roanoke
Old Southwest, Roanoke, VA Local Guide
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Cheapest Available Old Southwest Apartments for Rent
 The cheapest available apartment rental in the Old Southwest area of Roanoke, VA is a 1 Bed unit found at 3rd,SW,1401 priced from $950. 701 3rd Street has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,149. Here are the most affordable Old Southwest apartments for rent in Roanoke, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 3rd,SW,1401 | 1BR/1.0BA | 1BR,1BA | $950 |
| 701 3rd Street | 1x1 | 1BR,1BA | $1,149 |
| Century Bridges | Montreal ( The Whitmore) | 1BR,1BA | $1,257 |
Best Value Apartments for Rent in Old Southwest, VA
As of October 29, 2025 the best value apartment in the Old Southwest area is the $1.57 price per square foot 1BR/1.0BA Model at 3rd,SW,1401 in the in the Gilmer neighborhood starting from $950. The second greatest value Old Southwest apartment is the Montreal ( The Whitmore) Model at Century Bridges starting at $1,259 with a $2.50 price per square foot in the Southern Hills neighborhood. Here is today’s list of the best values for Old Southwest apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 3rd,SW,1401 | 1BR/1.0BA | 1BR,1BA | $1.57 |
| Century Bridges | Montreal ( The Whitmore) | 1BR,1BA | $2.50 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon't Settle: How to Negotiate Your Apartment Lease and Save Money
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
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Pet Friendly LifestyleOld Southwest, Roanoke, VA
Ranked #21
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Old Southwest Neighborhood in Roanoke, VA
Walk Score®
73 / 100
Very Walkable
Most errands can be accomplished on foot
Bike Score®
76 / 100
Very Bikeable
Biking is convenient for most trips
Transit Score®
45 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Old Southwest Apartments
How much is rent for a Cheap One Bedroom Old Southwest Apartment?
The lowest price for a Cheap One Bedroom Old Southwest Apartment is $950 at 3rd,SW,1401.
What is the lowest price for a Cheap Two Bedroom Old Southwest Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Old Southwest is starting from $1,249 at 701 3rd Street.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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