
Cheap Homes for Rent in Old Southwest Neighborhood of Roanoke, VA from $700 (3 Rentals)
Search the lowest-cost Homes available for rent right now in the Old Southwest area of Roanoke.

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.

441 Highland Ave SW
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.

426 Marshall Ave SW
Old Southwest, Roanoke, VA Local Guide

How much does it cost to rent a home in Old Southwest?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Old Southwest 3 Bedroom Homes for Rent | $2,200 | $2,200 | $2,200 |
Browse Homes for Rent in this Neighborhood
There are currently 3 rentals with your search options within a 2 mile radius of the Old Southwest Neighborhood of Roanoke, VA.
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Old Southwest, Roanoke, VA Local Guide
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Best Value Apartments for Rent in Old Southwest, VA
As of December 22, 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 Athens (The Woods) Model at Century Bridges starting at $1,211 with a $2.52 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 | Athens (The Woods) | 1BR,1BA | $2.52 |
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 ArticleThe 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 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.
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
Frequently Asked Questions about Old Southwest
What type of rentals are currently available in Old Southwest?
There are currently 76 Apartments for Rent in Old Southwest, VA with pricing that ranges from $815 to $2,018. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Southwest ranging from $749 to $2,200.
What is the current price range for Rental Homes in Old Southwest?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Old Southwest ranges from $749 to $2,200 with an average monthly rent of $1,333.
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

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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.