Cheap Homes for Rent in the Old Southwest Neighborhood of Roanoke, VA from $900 (3 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Done

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

property at 420 Albemarle Ave SW

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

420 Albemarle Ave SW

RoanokeVA24016

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 440 Mountain Ave SW

$1,110

Total Monthly Price6 Month Lease Term

Total Monthly Price

Base Rent
$1,110

Total Monthly Price
$1,110

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

440 Mountain 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.

property at 433 Day Ave SW

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

1 Bedroom, 1 Bath Condo for Rent

Available Now

433 Day Ave SW

RoanokeVA24016

Best Value Apartments for Rent in Old Southwest, VA

As of July 15, 2026 the best value apartment in the Old Southwest area is the $2.43 price per square foot Atlanta (The Woods) Model at Century Bridges in the in the Southern Hills neighborhood starting from $2,210. 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.
Century BridgesAtlanta (The Woods)3BR,2BA$2.43
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$1.79

Frequently Asked Questions about Old Southwest

What type of rentals are currently available in Old Southwest?

There are currently 80 Apartments for Rent in Old Southwest, VA with pricing that ranges from $895 to $2,347. There are also 3 Single Family Homes for rent, Condos, and Townhome rentals currently available in Old Southwest ranging from $950 to $1,300.

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 $950 to $1,300 with an average monthly rent of $1,165.

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

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

decorative image for Apartment Occupancy Rates: Renter Attraction vs Renter Retention   article

Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

decorative image for Pet-Friendly Renting: Everything You Need to Know Before You Move article

Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.