Cheap Apartments for Rent in the Southern Hills Neighborhood of Roanoke, VA from $700 (6 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Southern Hills area of Roanoke.

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.

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426 Walnut Ave SE, Unit D
$1,050
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050
2 Bedroom Apartment Available Now

426 Walnut Ave SE, Unit D

426 Walnut Ave SERoanoke, VA 24014
Affordability
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StoneBrook Apartments
1 to 3 Bedroom Apartments

StoneBrook Apartments

3301 Circle Brook DrRoanoke, VA 24018
  • Utilities Included
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Summit at Roanoke
1 to 3 Bedroom Apartments

Summit at Roanoke

4500 Franklin Rd SWRoanoke, VA 24014
  • Utilities Included

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.

Southern Hills, Roanoke, VA Local Guide

Cheapest Available Southern Hills Apartments for Rent

 

The cheapest available apartment rental in the Southern Hills area of Roanoke, VA is a 1 Bed unit found at Stone Ridge Apartments- Convenient Location priced from $915. Mount Pleasant Villas has the second lowest priced unit, which is a 1 Bed apartment currently listed from $999. Here are the most affordable Southern Hills apartments for rent in Roanoke, VA:

Apartment ListingModel NameBed/BathPriced From
Stone Ridge Apartments- Convenient Location1BR/1.0BA1BR,1BA$915
Mount Pleasant Villas1x11BR,1BA$999
Pebble CreekHeron1BR,1BA$1,111

Best Value Apartments for Rent in Southern Hills, VA

As of June 06, 2026 the best value apartment in the Southern Hills area is the $1.30 price per square foot 3 Bedroom, 2 Bath Model at Windy Hill Key in the in the Southern Hills neighborhood starting from $1,611. The second greatest value Southern Hills apartment is the 2BR Model at Westmont Apartments starting at $1,449 with a $1.31 price per square foot in the Southern Hills neighborhood. Here is today’s list of the best values for Southern Hills apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Windy Hill Key3 Bedroom, 2 Bath3BR,2BA$1.30
Westmont Apartments2BR2BR,2BA$1.31
Bent Tree2 BEDROOM2BR,1BA$1.23
523 Arbutus Ave SE, Unit 523-B523 Arbutus Ave SE2BR,2BA$1.58
Pebble CreekEgret1BR,1BA$1.61
Honeywood Apartments1 Bedroom1BR,1BA$1.61
426 Walnut Ave SE, Unit D426 Walnut Ave SE2BR,1BA$1.40
Stone Ridge Apartments- Convenient Location1BR/1.0BA1BR,1BA$1.46
Mount Pleasant Villas1x11BR,1BA$1.98
Century BridgesMontreal ( The Whitmore)1BR,1BA$2.88

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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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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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.

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Pet Friendly Lifestyle
Southern Hills, Roanoke, VA

Ranked #28

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

2.5
Pet Friendly

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Frequently Asked Questions about Cheap Southern Hills Apartments

How much is rent for a Cheap One Bedroom Southern Hills Apartment?

The lowest price for a Cheap One Bedroom Southern Hills Apartment is $915 at Stone Ridge Apartments- Convenient Location.

What is the lowest price for a Cheap Two Bedroom Southern Hills Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Southern Hills is starting from $1,199 at Mount Pleasant Villas.

What is the most affordable Southern Hills Three Bedroom Apartment?

The best deal on a cheap Southern Hills Three Bedroom Apartment rental is at Windy Hill Key and starts from $1,611.

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

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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.

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Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

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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.

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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.