2516 Oakland Blvd NW
RoanokeVA24012
Cheap Homes for Rent in Preston Park Neighborhood of Roanoke, VA from $900 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Preston Park area of Roanoke.
3228 Greenland Ave NW
RoanokeVA24012
2811 Meadows St 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
2916 Courtland Rd NW
RoanokeVA24012
416 Hanover Ave NW
RoanokeVA24016
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.
Showing Results 1-6, 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 | $1,460 | $1,025 | $2,250 |
| Preston Park 3 Bedroom Homes for Rent | $1,706 | $1,395 | $2,200 |
| 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 6 rentals with your search options within a 2 mile radius of the Preston Park Neighborhood of Roanoke, VA.
Explore Roanoke
Let everyone know!
Do you know the Preston Park area?
If you’re an expert on all things Preston Park, tell us what you love (and don't) by rating it and writing a review.
Write a Review
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. 4419-4425 Lela Ave NE has the second lowest priced unit, which is a 1 Bed apartment currently listed from $975. 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 |
| 4419-4425 Lela Ave NE | 1 Bed 1 Bath | 1BR,1BA | $975 |
| The Flats at Rutgers | 1x1 | 1BR,1BA | $999 |
Best Value Apartments for Rent in Preston Park, VA
As of May 30, 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 2 Bedroom Gold without washer dryer hook ups Model at WESTWIND APARTMENT HOMES starting at $1,434 with a $1.51 price per square foot in the Gilmer 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 |
| 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 |
| 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 73 Apartments for Rent in Preston Park, VA with pricing that ranges from $690 to $2,138. There are also 23 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 $1,722.
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
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.
A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.
Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.
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.