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$710 - $760
Plus Fees
Studio to 1 Bedroom Apartments Available NowRidgeview Apartments
5300 Hawthorne RdRoanoke, VA 24012
Cheap Apartments for Rent in the Preston Park Neighborhood of Roanoke, VA from $400 (17 Rentals)
Search the lowest-cost Apartments available for rent right now in the Preston Park area of Roanoke.
5105 Hildebrand Rd NW
RoanokeVA24012
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$799 - $1,499
Plus Fees12 Month Lease Term
1 to 2 Bedroom Apartments Available NowFrontier Apartments
4302-4410 Plantation Rd NERoanoke, VA 24012
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$975
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Mar 164419-4425 Lela Ave NE
4419-4425 Lela Ave NERoanoke, VA 24019
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1 Bedroom Apartments
Darby Villa
6154 Darby RdRoanoke, VA 24012
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.
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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
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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
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.
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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
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2 Bedroom Apartments
2114 Carvin St NE
2114 Carvin St NERoanoke, VA 24012
2516 Oakland Blvd NW
RoanokeVA24012
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1 to 2 Bedroom Apartments
Ellsworth Place
3111 Ellsworth StRoanoke, 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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1 to 3 Bedroom Apartments
The Flats at Rutgers
4823 Rutgers St NWRoanoke, VA 24012
2803 Burton Ave NW
RoanokeVA24012
Showing Results 1-17, 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 | $719 | $710 | $746 |
| Preston Park 1 Bedroom Apartments | $1,218 | $760 | $1,476 |
| Preston Park 2 Bedroom Apartments | $1,390 | $899 | $1,700 |
| Preston Park 3 Bedroom Apartments | $1,674 | $1,095 | $1,940 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 17 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. Frontier Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $985. 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 |
| Frontier Apartments | 2BR 1BA Upgraded | 2BR,1BA | $985 |
| The Flats at Rutgers | 2x1 | 2BR,1BA | $1,199 |
| WestWind Apartment Homes | 2 bedroom | 2BR,1BA | $1,249 |
| Bent Creek Apartments and Townhomes | 2b 1.5b 1150sq | 2BR,1BA | $1,340 |
Best Value Apartments for Rent in Preston Park, VA
As of March 12, 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 2BR Model at North Point starting at $1,449 with a $1.31 price per square foot in the Peachtree Norwood 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 |
| North Point | 2BR | 2BR,2BA | $1.31 |
| Bent Creek Apartments and Townhomes | 2b 1.5b 1000sq | 2BR,1.5BA | $1.44 |
| District Vue | Luca Sunroom | 1BR,1BA | $1.74 |
| The Flats at Rutgers | 2x1 | 2BR,1BA | $1.48 |
| Frontier Apartments | 2BR 1BA Upgraded | 2BR,1BA | $1.31 |
| 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 $1,449.
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 4 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 $329 which is $1,511 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
Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.
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.
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.
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.