2803 Burton Ave NW
RoanokeVA24012
Cheap Homes for Rent in Preston Park Neighborhood of Roanoke, VA from $900 (4 Rentals)
Search the lowest-cost Homes available for rent right now in the Preston Park area of Roanoke.
2516 Oakland Blvd NW
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.
1415 15th St NE
RoanokeVA24012
603 Strand Rd 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.
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Preston Park, Roanoke, VA Local Guide
How much does it cost to rent a home in Preston Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Preston Park 2 Bedroom Homes for Rent | $1,328 | $949 | $1,700 |
| Preston Park 3 Bedroom Homes for Rent | $1,433 | $1,200 | $1,675 |
| Preston Park 4 Bedroom Homes for Rent | $2,700 | $2,700 | $2,700 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Homes for Rent in this Neighborhood
There are currently 4 rentals with your search options within a 2 mile radius of the Preston Park Neighborhood of Roanoke, VA.
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Best Value Apartments for Rent in Preston Park, VA
As of April 15, 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 Skydale Model at District Vue starting at $1,647 with a $1.64 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. |
|---|---|---|---|
| North Point | 2BR | 2BR,2BA | $1.40 |
| District Vue | Skydale | 2BR,2BA | $1.64 |
| WESTWIND APARTMENT HOMES | 2 Bedroom Gold without washer dryer hook ups | 2BR,1.5BA | $1.51 |
| The Flats at Rutgers | 2x1 | 2BR,1BA | $1.48 |
| Bent Creek Apartments and Townhomes | 1 B 1B 800sq | 1BR,1BA | $1.62 |
| Frontier Apartments | 2BR 1BA Upgraded | 2BR,1BA | $1.31 |
| Ellsworth Place | 2x1 | 2BR,1BA | $1.62 |
| 4419-4425 Lela Ave NE | 1 Bed 1 Bath | 1BR,1BA | $1.77 |
| Ridgeview Apartments | Studio | Studio ,1BA | $2.13 |
Frequently Asked Questions about Preston Park
What type of rentals are currently available in Preston Park?
There are currently 72 Apartments for Rent in Preston Park, VA with pricing that ranges from $690 to $1,992. There are also 13 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preston Park ranging from $949 to $2,700.
What is the current price range for Rental Homes in Preston Park?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Preston Park ranges from $949 to $2,700 with an average monthly rent of $1,620.
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
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.
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.