5105 Hildebrand Rd NW
RoanokeVA24012
Cheap Apartments for Rent in the Preston Park Neighborhood of Roanoke, VA from $400 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the Preston Park area of Roanoke.
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Rent Specials
$690 - $760
Plus Fees
Studio to 1 Bedroom Apartments Available NowRidgeview Apartments
5300 Hawthorne RdRoanoke, VA 24012
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$799 - $1,499
Total Monthly Price12 Month Lease Term
1 to 2 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$799 - $1,499
Total Monthly Price
$799 - $1,499
Frontier Apartments
4302-4410 Plantation Rd NERoanoke, VA 24012
2502 Liberty Rd NW
RoanokeVA24012
1117 Rugby Blvd NW
RoanokeVA24017
1912 Wayne St NE
RoanokeVA24012
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.
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$975 - $995
Plus Fees12 Month Lease Term
1 Bedroom Apartments Available Now4419-4425 Lela Ave NE
4419-4425 Lela Ave NERoanoke, VA 24019
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$1,100 - $1,975
Total Monthly Price
1 to 3 Bedroom Apartments Available NowTotal Monthly Price
Base Rent
$1,095 - $1,970
Required Monthly Fees
$5
Total Monthly Price
$1,100 - $1,975
Bent Creek Apartments and Townhomes
6525 Greenway DrRoanoke, VA 24019
2125 Orange Ave NW
RoanokeVA24017
3751 Sunrise Ave NW
RoanokeVA24012
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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
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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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
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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
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
2114 Carvin St NE
2114 Carvin St NERoanoke, VA 24012
2803 Burton Ave NW
RoanokeVA24012
2516 Oakland Blvd NW
RoanokeVA24012
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1 to 2 Bedroom Apartments
Ellsworth Place
3111 Ellsworth StRoanoke, VA 24012
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1 to 3 Bedroom Apartments
The Flats at Rutgers
4823 Rutgers St NWRoanoke, VA 24012
1415 15th St NE
RoanokeVA24012
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.
6491 Carefree Ln
HollinsVA24019
Showing Results 1-25, 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 | $690 | $671 | $710 |
| Preston Park 1 Bedroom Apartments | $1,180 | $760 | $1,488 |
| Preston Park 2 Bedroom Apartments | $1,323 | $899 | $1,741 |
| Preston Park 3 Bedroom Apartments | $1,840 | $1,195 | $2,053 |
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 25 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 $690. Frontier Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $825. 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 | $690 |
| Frontier Apartments | 1 Bed Whitehall | 1BR,1BA | $825 |
| 4419-4425 Lela Ave NE | 1 Bed 1 Bath | 1BR,1BA | $975 |
| The Flats at Rutgers | 1x1 | 1BR,1BA | $999 |
| Bent Creek Apartments and Townhomes | 2b 1.5b 1150sq | 2BR,1BA | $1,105 |
Best Value Apartments for Rent in Preston Park, VA
As of April 27, 2026 the best value apartment in the Preston Park area is the $1.51 price per square foot 2 Bedroom Gold without washer dryer hook ups Model at WESTWIND APARTMENT HOMES in the in the Gilmer neighborhood starting from $1,434. The second greatest value Preston Park apartment is the Luca Sunroom Model at District Vue starting at $1,445 with a $1.74 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. |
|---|---|---|---|
| WESTWIND APARTMENT HOMES | 2 Bedroom Gold without washer dryer hook ups | 2BR,1.5BA | $1.51 |
| District Vue | Luca Sunroom | 1BR,1BA | $1.74 |
| Bent Creek Apartments and Townhomes | 1 B 1B 800sq | 1BR,1BA | $1.64 |
| North Point | 1 BR | 1BR,1BA | $1.79 |
| Ellsworth Place | 2x1 | 2BR,1BA | $1.62 |
| The Flats at Rutgers | 1x1 | 1BR,1BA | $1.54 |
| 4419-4425 Lela Ave NE | 1 Bed 1 Bath | 1BR,1BA | $1.77 |
| Frontier Apartments | 1 Bed Whitehall | 1BR,1BA | $1.70 |
| Ridgeview Apartments | Studio | Studio ,1BA | $2.13 |
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 $1,445.
What is the price of a cheap apartment in Preston Park?
The cheapest apartment in Preston Park is Ridgeview Apartments which is listed at $760, while the average apartment in Preston Park costs $1,975.
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 5 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 $321 which is $1,654 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
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.
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.