
Cheap Apartments for Rent in the Roundhill Neighborhood of Roanoke, VA from $400 (11 Rentals)
Search the lowest-cost Apartments available for rent right now in the Roundhill area of Roanoke.


1912 Wayne St NE

Darby Villa

Liberty Pines

McCray Court Senior Living
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.

2703 Broad St NW

Ferncliff Apartments

4812 Williamson Rd

4306 Williamson Rd NW

Park Towne
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
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.

Bowman Park Townhomes
Roundhill, Roanoke, VA Local Guide

How much does it cost to rent an apartment in Roundhill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Roundhill Studio Apartments | $839 | $710 | $1,229 |
| Roundhill 1 Bedroom Apartments | $1,280 | $760 | $1,795 |
| Roundhill 2 Bedroom Apartments | $1,424 | $1,045 | $1,811 |
| Roundhill 3 Bedroom Apartments | $1,724 | $1,195 | $2,545 |
| Roundhill 4 Bedroom Apartments | $1,875 | $1,775 | $1,925 |
Browse Apartments in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Roundhill Neighborhood of Roanoke, VA.
See all Apartments in RoanokeExplore Roanoke
Roundhill, Roanoke, VA Local Guide
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Cheapest Available Roundhill Apartments for Rent
 The cheapest available apartment rental in the Roundhill area of Roanoke, VA is a Studio unit found at Ridgeview Apartments priced from $710. Sterlingwood Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $1,025. Here are the most affordable Roundhill apartments for rent in Roanoke, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Apartments | Studio | Studio,1BA | $710 |
| Sterlingwood Apartments | 1 Bedroom/1 Bathroom Classic Floor Plan | 1BR,1BA | $1,025 |
| Blue Ridge Village Apartments | 2/1.5 50% AMI | 2BR,1BA | $1,045 |
| The Flats at Rutgers | 2x1 | 2BR,1BA | $1,199 |
| Frontier Apartments | 2BR 1BA | 2BR,1BA | $1,199 |
Best Value Apartments for Rent in Roundhill, VA
As of January 24, 2026 the best value apartment in the Roundhill area is the $1.38 price per square foot 3 Bedroom Reno Model at 733 West in the in the Gilmer neighborhood starting from $1,625. The second greatest value Roundhill apartment is the 2 bedroom Model at WestWind Apartment Homes starting at $1,249 with a $1.10 price per square foot in the Gilmer neighborhood. Here is today’s list of the best values for Roundhill apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 733 West | 3 Bedroom Reno | 3BR,2BA | $1.38 |
| WestWind Apartment Homes | 2 bedroom | 2BR,1.5BA | $1.10 |
| Blue Ridge Village Apartments | 2/1.5 50% AMI | 2BR,1.5BA | $0.94 |
| Countryside Estates | 2 Bedroom x 1 Bathroom Classic Floor Plan | 2BR,1BA | $1.15 |
| The Flats at Rutgers | 2x1 | 2BR,1BA | $1.48 |
| Frontier Apartments | 2BR 1BA | 2BR,1BA | $1.59 |
| The View at Blue Ridge Commons | Denali | 1BR,1BA | $1.87 |
| Sterlingwood Apartments | 1 Bedroom/1 Bathroom Luxury Floor Plan | 1BR,1BA | $2.02 |
| The Heights at Gateway Park | 1 Bedroom First Floor | 1BR,1BA | $2.45 |
| Ridgeview Apartments | Studio | Studio ,1BA | $2.19 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
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Read ArticleQuick Rent Budget Calculator
How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleRoundhill, Roanoke, VA
Ranked #39
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
Best Local Schools in Roundhill, Roanoke, VA
School data provided by Great Schools
Frequently Asked Questions about Cheap Roundhill Apartments
What is a cheap apartment in Roundhill?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Roundhill is under $1,499.
What is the price of a cheap apartment in Roundhill?
The cheapest apartment in Roundhill is Ridgeview Apartments which is listed at $760, while the average apartment in Roundhill costs $1,925.
What types of apartments are the cheapest in Roundhill?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 6 regular apartments in Roundhill that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Roundhill?
Cheap apartments in Roundhill have an average cost of $532 which is $1,393 cheaper than the average rent for all rentals in Roundhill.
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

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.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

Apartment Common Area Rules: What Renters Need to Know
Written by: Christine Leonard, Esq.
Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.