Cheap Apartments for Rent in the Walnut Hill Neighborhood of Roanoke, VA from $500 (51 Rentals)

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

property at 611 Stewart Ave SE

$875 - $900

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

1 To 2 Bedroom Rentals

Available Now

611 Stewart Ave SE

RoanokeVA24013
property at 809 Jamison Ave SE

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

809 Jamison Ave SE

RoanokeVA24013
property at 802 Rorer Ave SW

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

2 Bedroom, 1 Bath Home for Rent

Available Now

802 Rorer Ave SW

RoanokeVA24016
property at 19 Highland Ave SW

$923 - $1,223

Total Monthly Price

Total Monthly Price

Base Rent
$923

Total Monthly Price
$923

2 To 3 Bedroom Rentals

Available Now

19 Highland Ave SW

RoanokeVA24016

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.

property at 809 Ferdinand Ave SW

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

3 Bedroom, 1 Bath Home for Rent

Available Now

809 Ferdinand Ave SW

RoanokeVA24016
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The Heights at Gateway Park
Rent Specials
$999 - $1,499
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$999 - $1,499

Total Monthly Price
$999 - $1,499
1 to 2 Bedroom Apartments Available Now

The Heights at Gateway Park

601 Orange Ave NERoanoke, VA 24016
Corporate Housing
  • Verified
  • Customer Reviewed
  • 3D Tour
property at 3135 Glenoak St SE

$1,000

Total Monthly Price1 Month Lease Term

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Townhome for Rent

Available Now

3135 Glenoak St SE

RoanokeVA24014
property at 1818 Rorer Ave SW

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

2 Bedroom, 1 Bath Home for Rent

Available Now

1818 Rorer Ave SW

RoanokeVA24016
property at 1016 15th St SE

$1,095

Total Monthly Price

Total Monthly Price

Base Rent
$1,095

Total Monthly Price
$1,095

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1016 15th St SE

RoanokeVA24013
property at 216 Patton Ave NW

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Jul 1

216 Patton Ave NW

RoanokeVA24016
property at 715 Marshall Ave SW

$1,100

Total Monthly Price

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

2 Bedroom, 1 Bath Home for Rent

Available Jul 1

715 Marshall Ave SW

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.

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Edgehill Estates
Studio to 2 Bedroom Apartments

Edgehill Estates

739 Townside Rd SWRoanoke, VA 24014
  • Utilities Included
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Heritage Hall
1 to 2 Bedroom Apartments

Heritage Hall

379 Highland Ave SWRoanoke, VA 24016
  • Utilities Included
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Summertree
1 to 3 Bedroom Apartments

Summertree

3787 Southway Dr SWRoanoke, VA 24014
  • Utilities Included
property at 202 Elm Ave

$749

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$749

Total Monthly Price
$749

Studio, 1 Bath Home for Rent

Available Now

202 Elm Ave

RoanokeVA24016
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The River House
Studio to 2 Bedroom Apartments

The River House

806 Wasena Ave SWRoanoke, VA 24015
Corporate Housing
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2001 Lynn Ave
1 to 2 Bedroom Apartments

2001 Lynn Ave

2001 Lynn Ave SWRoanoke, VA 24014
  • Utilities Included

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.

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The Patrick Henry
Studio to 2 Bedroom Apartments

The Patrick Henry

611 S Jefferson StRoanoke, VA 24011
Corporate Housing
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Cotton Mill Lofts
1 to 2 Bedroom Apartments

Cotton Mill Lofts

505 6th St SWRoanoke, VA 24016
Corporate Housing
property at 821 Salem Ave SW

$870

Total Monthly Price

Total Monthly Price

Base Rent
$870

Total Monthly Price
$870

Studio, 1 Bath Condo for Rent

Available Jun 25

821 Salem Ave SW

RoanokeVA24016
property at 922 12th St SE

$899

Total Monthly Price

Total Monthly Price

Base Rent
$899

Total Monthly Price
$899

2 Bedroom, 1 Bath Home for Rent

Available Now

922 12th St SE

RoanokeVA24013
property at 110 Campbell Ave SE

$935 - $1,350

Total Monthly Price

Total Monthly Price

Base Rent
$935

Total Monthly Price
$935

Studio To 1 Bedroom Rentals

Available Now

110 Campbell Ave SE

RoanokeVA24011
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The Hancock Building
1 to 2 Bedroom Apartments

The Hancock Building

35 Campbell Ave SWRoanoke, VA 24011
  • Utilities Included

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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115 Elm Ave SW
1 to 2 Bedroom Apartments

115 Elm Ave SW

115 Elm Ave SWRoanoke, VA 24016
  • Utilities Included
property at 1138 Highland Ave SE

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

1 Bedroom, 1 Bath Home for Rent

Available Now

1138 Highland Ave SE

RoanokeVA24013
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The Jefferson
1 to 2 Bedroom Apartments

The Jefferson

2201 Jefferson St SWRoanoke, VA 24014
property at 1612 Campbell Ave SE

$1,023

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,023

Total Monthly Price
$1,023

3 Bedroom, 1 Bath Home for Rent

Available Now

1612 Campbell Ave SE

RoanokeVA24013
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3rd,SW,1401
1 Bedroom Apartments

3rd,SW,1401

1401 3rd St SWRoanoke, VA 24016
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301 Gilmer Ave
Studio to 2 Bedroom Apartments

301 Gilmer Ave

301 Gilmer AveRoanoke, VA 24016
property at 2504 Longview Ave SW

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom, 1 Bath Home for Rent

Available Now

2504 Longview Ave SW

RoanokeVA24014
property at 113 Norfolk Ave SW

$1,050

Total Monthly Price

Total Monthly Price

Base Rent
$1,050

Total Monthly Price
$1,050

1 Bedroom Rentals

Available May 8

113 Norfolk Ave SW

RoanokeVA24011
property at 321 9th St

$696

Total Monthly Price

Total Monthly Price

Base Rent
$696

Total Monthly Price
$696

1 Bedroom, 1 Bath Home for Rent

Available Now

321 9th St

VintonVA24179

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Walnut Hill, Roanoke, VA Local Guide

Cheapest Available Walnut Hill Apartments for Rent

 

The cheapest available apartment rental in the Walnut Hill area of Roanoke, VA is a 1 Bed unit found at 1222-1224 Maple Ave SW priced from $895. The Aurora - Residential has the second lowest priced unit, which is a Studio apartment currently listed from $935. Here are the most affordable Walnut Hill apartments for rent in Roanoke, VA:

Apartment ListingModel NameBed/BathPriced From
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$895
The Aurora - Residential0BR/1.0BAStudio,1BA$935
631 Campbell Ave LLC - ResidentialStudio LoftStudio,1BA$945
Stone Ridge Apartments- Convenient Location1BR/1.0BA1BR,1BA$945
The Heights at Gateway Park1 Bedroom Third Floor1BR,1BA$999
Mount Pleasant Villas1x11BR,1BA$999
3rd,SW,14011BR/1.0BA1BR,1BA$1,025
701 3rd Street2x12BR,1BA$1,249
Gramercy Row Apartment Residences1 Bedroom 1 Bath 1011BR,1BA$1,375

Best Value Apartments for Rent in Walnut Hill, VA

As of April 24, 2026 the best value apartment in the Walnut Hill area is the $1.55 price per square foot 2 Bedroom First Floor Interior Model at The Heights at Gateway Park in the in the Gilmer neighborhood starting from $1,399. The second greatest value Walnut Hill apartment is the 426 Walnut Ave SE Model at 426 Walnut Ave SE, Unit D starting at $1,050 with a $1.40 price per square foot in the Southern Hills neighborhood. Here is today’s list of the best values for Walnut Hill apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Heights at Gateway Park2 Bedroom First Floor Interior2BR,2BA$1.55
426 Walnut Ave SE, Unit D426 Walnut Ave SE2BR,1BA$1.40
Gramercy Row Apartment Residences1 Bedroom 1 Bath 1011BR,1BA$2.25
Stone Ridge Apartments- Convenient Location1BR/1.0BA1BR,1BA$1.51
3rd,SW,14011BR/1.0BA1BR,1BA$1.69
Mount Pleasant Villas1X1 Deluxe1BR,1BA$2.23
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$1.79
631 Campbell Ave LLC - ResidentialStudio LoftStudio ,1BA$1.99

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Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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Quick 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.

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Pet Friendly Lifestyle
Walnut Hill, Roanoke, VA

Ranked #50

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

Pet Friendliness Lifestyle Score

3.5
Pet Friendly

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Frequently Asked Questions about Cheap Walnut Hill Apartments

What is the Cheapest Studio apartment in Walnut Hill?

Currently the most affordable Cheap Studio Apartment in Walnut Hill is at The Aurora - Residential listed at $935.

How much is rent for a Cheap One Bedroom Walnut Hill Apartment?

The lowest price for a Cheap One Bedroom Walnut Hill Apartment is $895 at 1222-1224 Maple Ave SW.

What is the lowest price for a Cheap Two Bedroom Walnut Hill Apartment for rent?

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

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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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.