2445 Maryland Ave NW
RoanokeVA24017
Cheap Apartments for Rent in the Preston Park Neighborhood of Roanoke, VA from $400 (16 Rentals)
Search the lowest-cost Apartments available for rent right now in the Preston Park area of Roanoke.
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$710 - $760Studio to 1 Bedroom Apartments Available Now
Ridgeview Apartments
5300 Hawthorne RdRoanoke, VA 24012
2502 Liberty Rd NW
RoanokeVA24012
1630 Wayne St NE
RoanokeVA24012
4314 Williamson Rd
RoanokeVA24012
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.
1726 Hanover Ave NW
RoanokeVA24017
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1 Bedroom Apartments
Darby Villa
6154 Darby RdRoanoke, VA 24012
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1 Bedroom Apartments
Liberty Pines
2502 Liberty AveRoanoke, VA 24012
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2 Bedroom Apartments
2703 Broad St NW
2703 Broad St NWRoanoke, VA 24012
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2 to 4 Bedroom Apartments
Tinker Creek Manor
2050 Tinker Creek DrRoanoke, VA 24012
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.
4812 Williamson Rd, Unit 628
4812 Williamson Rd
RoanokeVA24012
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2 Bedroom Apartments
4306 Williamson Rd NW
4306 Williamson Rd NWRoanoke, VA 24012
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1 to 2 Bedroom Apartments
Park Towne
1716 Empress Dr NWRoanoke, VA 24012
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2 Bedroom Apartments
Bowman Park Townhomes
2801 Meadows St NWRoanoke, VA 24012
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1 to 2 Bedroom Apartments
Flats at Thrasher Park
804 NE Old Vinton Mill RdRoanoke, VA 24012
The Art of the Rental Viewing: What to look for during a property tour
Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.
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2 Bedroom Apartments
2114 Carvin St NE
2114 Carvin St NERoanoke, VA 24012
Showing Results 1-16, Page 1 of 1
Preston Park, Roanoke, VA Local Guide
How much does it cost to rent an apartment in Preston Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Preston Park Studio Apartments | $710 | $710 | $710 |
| Preston Park 1 Bedroom Apartments | $1,174 | $616 | $1,613 |
| Preston Park 2 Bedroom Apartments | $1,488 | $895 | $1,763 |
| Preston Park 3 Bedroom Apartments | $1,812 | $1,395 | $2,005 |
Browse Apartments in this Neighborhood
There are currently 16 rentals with your search options within a 2 mile radius of the Preston Park Neighborhood of Roanoke, VA.
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Cheapest Available Preston Park Apartments for Rent
The cheapest available apartment rental in the Preston Park area of Roanoke, VA is a Studio unit found at Ridgeview Apartments priced from $710. Flats at Thrasher Park has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Preston Park apartments for rent in Roanoke, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Apartments | Studio | Studio,1BA | $710 |
| Flats at Thrasher Park | 1x1 | 1BR,1BA | $899 |
| Ellsworth Place | 2x1 | 2BR,1BA | $1,175 |
| The Flats at Rutgers | 2x1 | 2BR,1BA | $1,199 |
| Frontier Apartments | 2BR 1BA | 2BR,1BA | $1,199 |
Best Value Apartments for Rent in Preston Park, VA
As of January 08, 2026 the best value apartment in the Preston Park area is the $1.10 price per square foot 2 bedroom Model at WestWind Apartment Homes in the in the Gilmer neighborhood starting from $1,249. The second greatest value Preston Park apartment is the 2 Bedroom Model at The Aspen starting at $1,299 with a $1.15 price per square foot in the Westview Terrace neighborhood. Here is today’s list of the best values for Preston Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| WestWind Apartment Homes | 2 bedroom | 2BR,1.5BA | $1.10 |
| The Aspen | 2 Bedroom | 2BR,2BA | $1.15 |
| Bent Creek Apartments and Townhomes | 2b 1.5b 1021sq | 2BR,1.5BA | $1.52 |
| District Vue | Luca Sunroom | 1BR,1BA | $1.91 |
| The Flats at Rutgers | 2x1 | 2BR,1BA | $1.48 |
| North Point | 1 BR | 1BR,1BA | $1.65 |
| Frontier Apartments | 2BR 1BA | 2BR,1BA | $1.59 |
| Ellsworth Place | 2x1 | 2BR,1BA | $1.62 |
| Flats at Thrasher Park | 1x1 | 1BR,1BA | $1.89 |
| Ridgeview Apartments | Studio | Studio ,1BA | $2.19 |
Frequently Asked Questions about Cheap Preston Park Apartments
What is a cheap apartment in Preston Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Preston Park is under $1,526.
What is the price of a cheap apartment in Preston Park?
The cheapest apartment in Preston Park is Flats at Thrasher Park which is listed at $899, while the average apartment in Preston Park costs $1,925.
What types of apartments are the cheapest in Preston Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Preston Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Preston Park?
Cheap apartments in Preston Park have an average cost of $710 which is $1,215 cheaper than the average rent for all rentals in Preston Park.
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
How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.
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!