2516 Oakland Blvd NW
RoanokeVA24012
Cheap Homes for Rent in the Preston Park Neighborhood of Roanoke, VA from $900 (7 Rentals)
Search the lowest-cost Homes available for rent right now in the Preston Park area of Roanoke.
103 Wildhurst Ave NE
RoanokeVA24012
1415 15th 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.
416 Hanover Ave NW
RoanokeVA24016
2803 Burton Ave NW
RoanokeVA24012
1423 Burrell St NW
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.
603 Strand Rd NE
RoanokeVA24012
Showing Results 1-7, Page 1 of 1
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 | $1,514 | $1,095 | $2,200 |
| Preston Park 3 Bedroom Homes for Rent | $1,691 | $1,200 | $2,300 |
| Preston Park 4 Bedroom Homes for Rent | $2,402 | $2,104 | $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 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. The Flats at Rutgers has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,014. 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 | $1,014 |
| Ellsworth Place | 2x1 | 2BR,1BA | $1,199 |
Best Value Apartments for Rent in Preston Park, VA
As of July 14, 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 3x1 Model at The Flats at Rutgers starting at $1,414 with a $1.58 price per square foot in the Fair Land 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 |
| The Flats at Rutgers | 3x1 | 3BR,1BA | $1.58 |
| Bent Creek Apartments and Townhomes | 1 B 1B 800sq | 1BR,1BA | $1.63 |
| North Point | 1 BR | 1BR,1BA | $1.72 |
| Ellsworth Place | 2x1 | 2BR,1BA | $1.65 |
| 2730 Forest Hill Ave NW, Unit 2732 Forest Hill | 2730 Forest Hill Ave NW | 1BR,1BA | $1.67 |
| 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 76 Apartments for Rent in Preston Park, VA with pricing that ranges from $671 to $2,116. There are also 21 Single Family Homes for rent, Condos, and Townhome rentals currently available in Preston Park ranging from $950 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 $950 to $2,700 with an average monthly rent of $1,645.
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
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.
Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.
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.