
Cheap Apartments for Rent in the Preston Park Neighborhood of Roanoke, VA from $400 (45 Rentals)
Search the lowest-cost Apartments available for rent right now in the Preston Park area of Roanoke.


5105 Hildebrand Rd NW

1117 Rugby Blvd NW

Total Monthly Price
Frontier Apartments

1630 Wayne St NE

Total Monthly Price
2730 Forest Hill Ave NW, Unit 2732 Forest Hill

Total Monthly Price
Bent Creek Apartments and Townhomes

1114 Lafayette Blvd NW

2125 Orange Ave NW
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.

3751 Sunrise Ave NW

2611-2613 Bowman St NW

2716-2718 Edison St NE

3645-3647 Oaklawn Ave NW

WESTWIND APARTMENT HOMES

North Point

The Aspen

Total Monthly Price
District Vue

3843 Plantation Rd 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.

Darby Villa

Liberty Pines

2703 Broad St NW

Tinker Creek Manor

4306 Williamson Rd NW

Park Towne

Bowman Park Townhomes

2114 Carvin St NE

Flats at Thrasher Park
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

2516 Oakland Blvd NW

4419-4425 Lela Ave NE

1415 15th St NE

The Flats at Rutgers

Ellsworth Place

2803 Burton Ave NW

1423 Burrell St NW

416 Hanover Ave NW

1712 Wayne St NE
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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.

745 Queen Ave NW

Brookside North Townhouses

Bent Creek II

713 Lakeview Cir

3126 Yardley Dr NW

617 Hershberger Rd NW

6500 Carefree Ln

6502 Carefree Ln

6491 Carefree Ln
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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.
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 | $696 | $690 | $716 |
| Preston Park 1 Bedroom Apartments | $1,224 | $760 | $1,526 |
| Preston Park 2 Bedroom Apartments | $1,330 | $778 | $1,787 |
| Preston Park 3 Bedroom Apartments | $1,748 | $1,095 | $2,135 |
Browse Apartments in this Neighborhood
There are currently 45 rentals with your search options within a 2 mile radius of the Preston Park Neighborhood of Roanoke, VA.
See all Apartments in RoanokeExplore Roanoke
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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Apartments | Studio | Studio,1BA | $690 |
| The Flats at Rutgers | 1x1 | 1BR,1BA | $999 |
| Bent Creek Apartments and Townhomes | 2b 1.5b 1150sq | 2BR,1BA | $1,055 |
| Ellsworth Place | 2x1 | 2BR,1BA | $1,199 |
| WESTWIND APARTMENT HOMES | 2-Bedroom Silver without washer and dryer hook-... | 2BR,1BA | $1,249 |
| North Point | 2BR | 2BR,2BA | $1,549 |
| The Aspen | 2 Bedroom | 2BR,2BA | $1,549 |
Best Value Apartments for Rent in Preston Park, VA
As of June 11, 2026 the best value apartment in the Preston Park area is the $1.26 price per square foot 2 Bedroom Model at The Aspen in the in the Westview Terrace neighborhood starting from $1,549. The second greatest value Preston Park apartment is the 2BR Model at North Point starting at $1,549 with a $1.40 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. |
|---|---|---|---|
| The Aspen | 2 Bedroom | 2BR,2BA | $1.26 |
| North Point | 2BR | 2BR,2BA | $1.40 |
| WESTWIND APARTMENT HOMES | 2 Bedroom Gold without washer dryer hook ups | 2BR,1.5BA | $1.51 |
| Bent Creek Apartments and Townhomes | 1 B 1B 800sq | 1BR,1BA | $1.64 |
| Ellsworth Place | 2x1 | 2BR,1BA | $1.65 |
| The Flats at Rutgers | 1x1 | 1BR,1BA | $1.54 |
| 2730 Forest Hill Ave NW, Unit 2732 Forest Hill | 2730 Forest Hill Ave NW | 1BR,1BA | $1.63 |
| Ridgeview Apartments | Studio | Studio ,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 $760 at Ridgeview Apartments.
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 $1,055 at Bent Creek Apartments and Townhomes.
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 $1,780.
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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.