Cheap Apartments for Rent in the Old Southwest Neighborhood of Roanoke, VA from $500 (24 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Old Southwest area of Roanoke.

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111 Highland Ave SW
1 Bedroom Apartments

111 Highland Ave SW

111 Highland Ave SWRoanoke, VA 24016
  • Smoke Free
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1014 3rd St SW
1 to 2 Bedroom Apartments

1014 3rd St SW

1014 3rd St SWRoanoke, VA 24016
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1223 Third St
2 Bedroom Apartments

1223 Third St

1223 Third StRoanoke, VA 24016

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805 3rd St
1 to 2 Bedroom Apartments

805 3rd St

805 3rd StRoanoke, VA 24016
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Elm Estates
1 to 2 Bedroom Apartments

Elm Estates

378 Elm AveRoanoke, VA 24016

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1142 2nd St SW
Studio Apartments

1142 2nd St SW

1142 2nd St SWRoanoke, VA 24016
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3rd,SW,1401
1 Bedroom Apartments

3rd,SW,1401

1401 3rd St SWRoanoke, VA 24016
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Mountain Manor
1 to 2 Bedroom Apartments

Mountain Manor

201 Mountain Ave SWRoanoke, VA 24016
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One Elm Place
Studio Apartments

One Elm Place

720-722 1st St SWRoanoke, VA 24016
  • Utilities Included

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Showing Results 1-24, Page 1 of 1

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 1222-1224 Maple Ave SW priced from $895. 3rd,SW,1401 has the second lowest priced unit, which is a 1 Bed apartment currently listed from $950. Here are the most affordable Old Southwest apartments for rent in Roanoke, VA:

Apartment ListingModel NameBed/BathPriced From
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$895
3rd,SW,14011BR/1.0BA1BR,1BA$950
701 3rd Street1x11BR,1BA$1,149
Century BridgesAthens (The Woods)1BR,1BA$1,227

Best Value Apartments for Rent in Old Southwest, VA

As of January 29, 2026 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 1 Bed 1 Bath Model at 1222-1224 Maple Ave SW starting at $895 with a $1.79 price per square foot in the Gilmer neighborhood. Here is today’s list of the best values for Old Southwest apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
3rd,SW,14011BR/1.0BA1BR,1BA$1.57
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$1.79
Century BridgesAthens (The Woods)1BR,1BA$2.56

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 $895 at 1222-1224 Maple Ave SW.

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

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

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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.

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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.

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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.

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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.