1512 NW Downing St
RoanokeVA24012
Cheap Homes for Rent in the Preston Park Neighborhood of Roanoke, VA from $850 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Preston Park area of Roanoke.
2818 Burton Ave NW
RoanokeVA24012
2516 Oakland Blvd 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.
103 Wildhurst Ave NE
RoanokeVA24012
416 Hanover Ave NW
RoanokeVA24016
906 Hanover Ave NW
RoanokeVA24016
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.
603 Strand Rd NE
RoanokeVA24012
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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 | $1,385 | $995 | $2,250 |
| Preston Park 3 Bedroom Homes for Rent | $1,316 | $1,100 | $1,597 |
| Preston Park 4 Bedroom Homes for Rent | $2,500 | $2,500 | $2,500 |
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 7 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. Liberty Pines has the second lowest priced unit, which is a 1 Bed apartment currently listed from $795. 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 |
| Liberty Pines | 1 Beds, 1 Baths | 1BR,1BA | $795 |
| 120 Avendale Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $850 |
Best Value Apartments for Rent in Preston Park, VA
As of August 29, 2026 the best value apartment in the Preston Park area is the $1.61 price per square foot Zandyn Model at District Vue in the in the Monterey neighborhood starting from $2,126. The second greatest value Preston Park apartment is the 2b 1.5b 1000sq Model at Bent Creek Apartments and Townhomes starting at $1,440 with a $1.44 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. |
|---|---|---|---|
| District Vue | Zandyn | 3BR,2BA | $1.61 |
| Bent Creek Apartments and Townhomes | 2b 1.5b 1000sq | 2BR,1.5BA | $1.44 |
| WESTWIND APARTMENT HOMES | 2 Bedroom Gold without washer dryer hook ups | 2BR,1.5BA | $1.51 |
| The Aspen | 1 Bedroom | 1BR,1BA | $1.62 |
| North Point | 1 BR | 1BR,1BA | $1.65 |
| Ellsworth Place | 2x1 | 2BR,1BA | $1.65 |
| 120 Avendale Ave NE | 1 Beds, 1 Baths | 1BR,1BA | $1.21 |
| The Flats at Rutgers | 1x1 | 1BR,1BA | $1.56 |
| Liberty Pines | 1 Beds, 1 Baths | 1BR,1BA | $1.45 |
| 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 77 Apartments for Rent in Preston Park, VA with pricing that ranges from $690 to $2,149. There are also 19 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preston Park ranging from $850 to $2,500.
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 $850 to $2,500 with an average monthly rent of $1,320.
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
Rent According to Income: A Look at Income-Restricted Rentals
Written by: Robin Stewart
The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.
Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags
Written by: Robin Stewart
Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.
First Apartment Regrets: Real Renters Share What They'd Do Differently
Written by: Robin Stewart
Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.
Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.