
Cheap Apartments for Rent in the Preston Park Neighborhood of Roanoke, VA from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Preston Park area of Roanoke.


5105 Hildebrand Rd NW
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.

1528 Templeton Ave NE
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.
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 | $692 | $660 | $725 |
Preston Park 1 Bedroom Apartments | $1,268 | $710 | $1,706 |
Preston Park 2 Bedroom Apartments | $1,477 | $1,099 | $1,843 |
Preston Park 3 Bedroom Apartments | $1,779 | $1,395 | $2,124 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Preston Park Neighborhood of Roanoke, VA.
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Preston Park, Roanoke, VA Local Guide
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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 1 Bed unit found at WestWind Apartment Homes priced from $999. The Flats at Rutgers has the second lowest priced unit, which is a 2 Beds apartment currently listed from $1,099. Here are the most affordable Preston Park apartments for rent in Roanoke, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
WestWind Apartment Homes | 1 bedroom | 1BR,1BA | $999 |
The Flats at Rutgers | 2x1 | 2BR,1BA | $1,099 |
Bent Creek Apartments and Townhomes | 1 B 1B 800sq | 1BR,1BA | $1,160 |
Ellsworth Place | 2x1 | 2BR,1BA | $1,175 |
Frontier Apartments | 2BR 1BA | 2BR,1BA | $1,199 |
Best Value Apartments for Rent in Preston Park, VA
As of October 06, 2025 the best value apartment in the Preston Park area is the $1.14 price per square foot 2 Bedroom Model at The Aspen in the in the Westview Terrace neighborhood starting from $1,399. The second greatest value Preston Park apartment is the 1802 Edmund Ave NE Model at 1802 Edmund Ave NE, Unit 1802 Edmund Ave starting at $2,000 with a $1.67 price per square foot in the Monterey 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. |
---|---|---|---|
The Aspen | 2 Bedroom | 2BR,2BA | $1.14 |
1802 Edmund Ave NE, Unit 1802 Edmund Ave | 1802 Edmund Ave NE | 3BR,2BA | $1.67 |
North Point | 2BR | 2BR,2BA | $1.27 |
1501 Archbold Ave NE, Unit A | 1501 Archbold Ave NE | 2BR,1BA | $1.78 |
The Flats at Rutgers | 2x1 with Den | 2BR,1BA | $1.46 |
District Vue | Luca Sunroom | 1BR,1BA | $2.02 |
Bent Creek Apartments and Townhomes | 1 B 1B 800sq | 1BR,1BA | $1.45 |
WestWind Apartment Homes | 1 bedroom | 1BR,1BA | $1.33 |
Ellsworth Place | 2x1 | 2BR,1BA | $1.62 |
Frontier Apartments | 1 Bed Whitehall | 1BR,1BA | $2.55 |
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Pet Friendly LifestylePreston Park, Roanoke, VA
Ranked #17
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Getting Around the Preston Park Neighborhood in Roanoke, VA
Walk Score®
61 / 100
Somewhat Walkable
Some errands can be accomplished on foot
Bike Score®
46 / 100
Somewhat Bikeable
Minimal bike infrastructure
Transit Score®
28 / 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 Preston Park Apartments
How much is rent for a Cheap One Bedroom Preston Park Apartment?
The lowest price for a Cheap One Bedroom Preston Park Apartment is $999 at WestWind Apartment Homes.
What is the lowest price for a Cheap Two Bedroom Preston Park Apartment for rent?
Today's best deal for a Cheap Two Bedroom Apartment in Preston Park is starting from $1,099 at The Flats at Rutgers.
What is the most affordable Preston Park Three Bedroom Apartment?
The best deal on a cheap Preston Park Three Bedroom Apartment rental is at Bent Creek Apartments and Townhomes and starts from $1,655.
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.

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.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.