Cheap Apartments for Rent in the Preston Park Neighborhood of Roanoke, VA from $400 (16 Rentals)

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

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The Art of the Rental Viewing: What to look for during a property tour

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Darby Villa
1 Bedroom Apartments

Darby Villa

6154 Darby RdRoanoke, VA 24012
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Liberty Pines
1 Bedroom Apartments

Liberty Pines

2502 Liberty AveRoanoke, VA 24012
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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
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Bowman Park Townhomes
2 Bedroom Apartments

Bowman Park Townhomes

2801 Meadows St NWRoanoke, VA 24012
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4306 Williamson Rd NW
2 Bedroom Apartments

4306 Williamson Rd NW

4306 Williamson Rd NWRoanoke, VA 24012
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Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

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Park Towne
1 to 2 Bedroom Apartments

Park Towne

1716 Empress Dr NWRoanoke, VA 24012
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2114-2132 Carvin St NE
2 Bedroom Apartments

2114-2132 Carvin St NE

2114-2132 Carvin St NERoanoke, VA 24012
  • Utilities Included

Preston Park, Roanoke, VA Local Guide

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 $660. The Flats at Rutgers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Preston Park apartments for rent in Roanoke, VA:

Apartment ListingModel NameBed/BathPriced From
Ridgeview ApartmentsStudioStudio,1BA$660
The Flats at Rutgers1x11BR,1BA$999
Flats at Glade Creek2X12BR,1BA$1,125
The Heights at Gateway ParkBrand new 1 bedroom 1 bath with stainless steel...1BR,1BA$1,175
Sterlingwood Apartments1 Bedroom/1 Bathroom Luxury Floor Plan1BR,1BA$1,179

Best Value Apartments for Rent in Preston Park, VA

As of June 06, 2025 the best value apartment in the Preston Park area is the $1.18 price per square foot 2 bedroom with den Model at WestWind Apartment Homes in the in the Gilmer neighborhood starting from $1,418. 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 Preston Park 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.
WestWind Apartment Homes2 bedroom with den2BR,1.5BA$1.18
North Point2BR2BR,2BA$1.31
Hickory WoodsRenovated Two Bedroom Two Bathroom with Den2BR,2BA$1.55
733 West2 Bedroom Reno2BR,2BA$1.48
1732 Hanover Ave NW, Unit B1732 Hanover Ave NW2BR,1BA$0.91
Frontier Apartments2BR 1BA w/ DEN2BR,1BA$1.45
Flats at Glade Creek2X12BR,1BA$1.32
1117 Rugby Blvd NW, Unit B1117 Rugby Blvd NW2BR,1BA$1.12
Bent Creek Apartments and Townhomes1 B 1B 800sq1BR,1BA$1.60
The Flats at Rutgers1x11BR,1BA$1.54

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Pet Friendly Lifestyle
Preston Park, Roanoke, VA

Ranked #9

Among neighborhoods in Roanoke, VA for Apartment listings with Pet Friendly Amenities

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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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

Frequently Asked Questions about Cheap Preston Park Apartments

What is the price of a cheap apartment in Preston Park?

The cheapest apartment in Preston Park is Ridgeview Apartments which is listed at $710, while the average apartment in Preston Park costs $1,912.

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 $660 which is $1,252 cheaper than the average rent for all rentals in Preston Park.

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.

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The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

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Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

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Navigating the Rental Market: Tips for First-Time Renters

Written by: Sandy Baker

Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.