Cheap Apartments for Rent in the Preston Park Neighborhood of Roanoke, VA from $485 (46 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Preston Park area of Roanoke.

property at 1714 Melrose Ave NW
$653

Total Monthly Price

Base Rent$653

Total Monthly Price$653
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1714 Melrose Ave NW

RoanokeVA24017
property at 1732 Hanover Ave NW
$716

Total Monthly Price

Base Rent$716

Total Monthly Price$716
2 Bedroom, 1 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

1732 Hanover Ave NW

RoanokeVA24017
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Frontier Apartments
$799 - $1,499

Total Monthly Price

Base Rent$799 - $1,499

Total Monthly Price$799 - $1,499
12 Month Lease Term
1 to 2 Bedroom Apartments Available Sep 15

Frontier Apartments

4302-4410 Plantation Rd NERoanoke, VA 24012
Pet Friendly
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 2502 Liberty Rd NW
$815

Total Monthly Price

Base Rent$815

Total Monthly Price$815
1 Bedroom Rentals
Available Now
Affordability

2502 Liberty Rd NW

RoanokeVA24012
property at 902 Staunton Ave NW
$825

Total Monthly Price

Base Rent$825

Total Monthly Price$825
2 Bedroom, 1 Bath Home for Rent
Available Sep 30
Affordability

902 Staunton Ave NW

RoanokeVA24016
property at 1912 Wayne St NE
$875 - $950

Total Monthly Price

Base Rent$875

Total Monthly Price$875
1 To 2 Bedroom Rentals
Available Oct 1
Affordability

1912 Wayne St NE

RoanokeVA24012
property at 2122 Staunton Ave NW
$895

Total Monthly Price

Base Rent$895

Total Monthly Price$895
2 Bedroom, 1 Bath Home for Rent
Available Oct 1
Affordability

2122 Staunton Ave NW

RoanokeVA24017
property at 3751 Sunrise Ave NW
$995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
2 To 3 Bedroom Rentals
Available Now
Affordability

3751 Sunrise Ave NW

RoanokeVA24012

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 2611-2613 Bowman St NW
$1,095

Total Monthly Price

Base Rent$1,095

Total Monthly Price$1,095
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability
property at 2125 Orange Ave NW
$1,095

Total Monthly Price

Base Rent$1,095

Total Monthly Price$1,095
3 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

2125 Orange Ave NW

RoanokeVA24017
property at 1460-1462 Varnell Ave NE
$1,095

Total Monthly Price

Base Rent$1,095

Total Monthly Price$1,095
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability
property at 2107 Staunton Ave NW
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

2107 Staunton Ave NW

RoanokeVA24017
property at 2324 Orange Ave NW
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

2324 Orange Ave NW

RoanokeVA24017
property at 3652 Roundhill Ave NW
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
2 Bedroom Rentals
Available Now
Cost Per Sq.Ft.

3652 Roundhill Ave NW

RoanokeVA24012
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North Point
Rent Specials
$1,199 - $1,549

Total Monthly Price

Base Rent$1,199 - $1,549

Total Monthly Price$1,199 - $1,549
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

North Point

6441 Archcrest DrRoanoke, VA 24019
Family Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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The Aspen
Rent Specials
$1,199 - $1,551

Total Monthly Price

Base Rent$1,199 - $1,551

Total Monthly Price$1,199 - $1,551
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

The Aspen

6354 Township DrRoanoke, VA 24019
Pet Friendly
  • Verified
  • Customer Reviewed
  • Utilities Included
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WESTWIND APARTMENT HOMES
$1,249 - $1,534

Total Monthly Price

Base Rent$1,249 - $1,534

Total Monthly Price$1,249 - $1,534
12 Month Lease Term
1 to 2 Bedroom Apartments Available Now

WESTWIND APARTMENT HOMES

3030 Ordway Dr NWRoanoke, VA 24017
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour

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

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Darby Villa
1 Bedroom Apartments

Darby Villa

6154 Darby RdRoanoke, VA 24012
  • Utilities Included
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2703 Broad St NW
2 Bedroom Apartments

2703 Broad St NW

2703 Broad St NWRoanoke, VA 24012
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Tinker Creek Manor
2 to 4 Bedroom Apartments

Tinker Creek Manor

2050 Tinker Creek DrRoanoke, VA 24012
  • Utilities Included
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Liberty Pines
1 to 2 Bedroom Apartments

Liberty Pines

2502 Liberty AveRoanoke, VA 24012
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4306 Williamson Rd NW
2 Bedroom Apartments

4306 Williamson Rd NW

4306 Williamson Rd NWRoanoke, VA 24012
  • Utilities Included
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Park Towne
1 to 2 Bedroom Apartments

Park Towne

1716 Empress Dr NWRoanoke, VA 24012
  • Utilities Included
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Bowman Park Townhomes
2 Bedroom Apartments

Bowman Park Townhomes

2801 Meadows St NWRoanoke, VA 24012
  • Utilities Included

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

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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2114 Carvin St NE
2 Bedroom Apartments

2114 Carvin St NE

2114 Carvin St NERoanoke, VA 24012
  • Utilities Included
property at 2516 Oakland Blvd NW
$950

Total Monthly Price

Base Rent$950

Total Monthly Price$950
1 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

2516 Oakland Blvd NW

RoanokeVA24012
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4419-4425 Lela Ave NE
1 Bedroom Apartments

4419-4425 Lela Ave NE

4419-4425 Lela Ave NERoanoke, VA 24019
  • Utilities Included
property at 416 Hanover Ave NW
$995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

416 Hanover Ave NW

RoanokeVA24016
property at 2818 Burton Ave NW
$995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
1 Bedroom, 1 Bath Townhome for Rent
Available Now
Affordability

2818 Burton Ave NW

RoanokeVA24012
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Ellsworth Place
1 to 2 Bedroom Apartments

Ellsworth Place

3111 Ellsworth StRoanoke, VA 24012
property at 906 Hanover Ave NW
$1,095

Total Monthly Price

Base Rent$1,095

Total Monthly Price$1,095
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

906 Hanover Ave NW

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 603 Strand Rd NE
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
3 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

603 Strand Rd NE

RoanokeVA24012
property at 3123 Roundhill Ave NW
$1,199

Total Monthly Price

Base Rent$1,199

Total Monthly Price$1,199
9 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Now

3123 Roundhill Ave NW

RoanokeVA24012
property at 1917 Wallace Ave NE
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
2 Bedroom, 2 Bath Home for Rent
Available Now
Affordability

1917 Wallace Ave NE

RoanokeVA24012
property at 4722 Eden Dr NW
$1,223

Total Monthly Price

Base Rent$1,223

Total Monthly Price$1,223
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

4722 Eden Dr NW

RoanokeVA24012
property at 925 Kellogg Ave NW
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

925 Kellogg Ave NW

RoanokeVA24012
property at 2128 Orange Ave NW
$1,295

Total Monthly Price

Base Rent$1,295

Total Monthly Price$1,295
3 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

2128 Orange Ave NW

RoanokeVA24017
property at 1915 Wallace Ave NE
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
2 Bedroom, 2 Bath Home for Rent
Available Now

1915 Wallace Ave NE

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.

property at 74 Forest Hill Ave NE
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
2 Bedroom, 1 Bath Home for Rent
Available Now

74 Forest Hill Ave NE

RoanokeVA24012

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 $690. Liberty Pines has the second lowest priced unit, which is a 1 Bed apartment currently listed from $815. Here are the most affordable Preston Park apartments for rent in Roanoke, VA:

Apartment ListingModel NameBed/BathPriced From
Ridgeview ApartmentsStudioStudio,1BA$690
Liberty Pines1 Beds, 1 Baths1BR,1BA$815
120 Avendale Ave NE1 Beds, 1 Baths1BR,1BA$850
The Flats at Rutgers1x11BR,1BA$1,014
2125 Orange Ave NW3BR/1.0BA3BR,1BA$1,095
Ellsworth Place2x12BR,1BA$1,199
The Aspen1 Bedroom1BR,1BA$1,199
North Point1 BR1BR,1BA$1,199
WESTWIND APARTMENT HOMES2 Bedroom Apartment - Gold2BR,1BA$1,249
Bent Creek Apartments and Townhomes2b 1.5b 1150sq2BR,1BA$1,255

Best Value Apartments for Rent in Preston Park, VA

As of September 10, 2026 the best value apartment in the Preston Park area is the $1.40 price per square foot 2BR Model at North Point in the in the Peachtree Norwood neighborhood starting from $1,549. The second greatest value Preston Park apartment is the 2b 1.5b 1021sq Model at Bent Creek Apartments and Townhomes starting at $1,360 with a $1.33 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 ListingModel NameBed/BathPrice Per Sq.Ft.
North Point2BR2BR,2BA$1.40
Bent Creek Apartments and Townhomes2b 1.5b 1021sq2BR,1.5BA$1.33
District VueArlo2BR,2BA$1.92
The Aspen1 Bedroom1BR,1BA$1.56
WESTWIND APARTMENT HOMES1 Bedroom Gold Newly Renovated1BR,1BA$1.70
Ellsworth Place2x12BR,1BA$1.65
120 Avendale Ave NE1 Beds, 1 Baths1BR,1BA$1.16
The Flats at Rutgers1x11BR,1BA$1.56
Liberty Pines1 Beds, 1 Baths1BR,1BA$1.48
Ridgeview ApartmentsStudioStudio ,1BA$2.13

Frequently Asked Questions about Cheap Preston Park Apartments

What is the Cheapest Studio apartment in Preston Park?

Currently the most affordable Cheap Studio Apartment in Preston Park is at Ridgeview Apartments listed at $690.

How much is rent for a Cheap One Bedroom Preston Park Apartment?

The lowest price for a Cheap One Bedroom Preston Park Apartment is $815 at Liberty Pines.

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 $1,199 at Ellsworth Place.

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

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