
Cheap Apartments for Rent in the Walnut Hill Neighborhood of Roanoke, VA from $500 (51 Rentals)
Search the lowest-cost Apartments available for rent right now in the Walnut Hill area of Roanoke.


Total Monthly Price
1843 Oxford Ave SW, Unit Grandin Village Room #1, Unit Grandin Village Room #1

611 Stewart Ave SE

Total Monthly Price
1222-1224 Maple Ave SW

809 Jamison Ave SE

802 Rorer Ave SW

19 Highland Ave SW

The Aurora - Residential

Total Monthly Price
Stone Ridge Apartments- Convenient Location

Total Monthly Price
631 Campbell Ave LLC - Residential
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.

1802 Patterson Ave SW

809 Ferdinand Ave SW

Mount Pleasant Villas

Total Monthly Price
The Heights at Gateway Park

3135 Glenoak St SE

Total Monthly Price
426 Walnut Ave SE, Unit D, Unit D

1818 Rorer Ave SW

1016 15th St SE

216 Patton Ave NW

715 Marshall Ave SW
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.

McCray Court Senior Living

Edgehill Estates

Abbingdon of Old Southwest

Heritage Hall

Summertree

Terrace North Apartments

202 Elm Ave

The River House

Hounds Chase Apartments

2001 Lynn Ave
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.

The Patrick Henry

Cotton Mill Lofts

Grandin Court Apartments

1306 Patterson Ave SW

821 Salem Ave SW

922 12th St SE

The Lawson Building East

110 Campbell Ave SE

The Hancock Building

South Roanoke Apartment Village
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.

115 Elm Ave SW

1138 Highland Ave SE

The Jefferson

1612 Campbell Ave SE

3rd,SW,1401

301 Gilmer Ave

2504 Longview Ave SW

113 Norfolk Ave SW

321 9th St

Flats at Glade Creek
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

How much does it cost to rent an apartment in Walnut Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walnut Hill Studio Apartments | $965 | $935 | $1,040 |
| Walnut Hill 1 Bedroom Apartments | $1,265 | $696 | $1,699 |
| Walnut Hill 2 Bedroom Apartments | $1,486 | $895 | $2,357 |
| Walnut Hill 3 Bedroom Apartments | $1,526 | $950 | $2,781 |
Browse Apartments in this Neighborhood
There are currently 51 rentals with your search options within a 2 mile radius of the Walnut Hill Neighborhood of Roanoke, VA.
See all Apartments in RoanokeExplore Roanoke
Walnut Hill, Roanoke, VA Local Guide
- Nearby Roanoke neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| The Aurora - Residential | 0BR/1.0BA | Studio,1BA | $935 |
| 631 Campbell Ave LLC - Residential | Studio Loft | Studio,1BA | $945 |
| Stone Ridge Apartments- Convenient Location | 1BR/1.0BA | 1BR,1BA | $945 |
| The Heights at Gateway Park | 1 Bedroom Third Floor | 1BR,1BA | $999 |
| Mount Pleasant Villas | 1x1 | 1BR,1BA | $999 |
| 3rd,SW,1401 | 1BR/1.0BA | 1BR,1BA | $1,025 |
| 701 3rd Street | 2x1 | 2BR,1BA | $1,249 |
| Gramercy Row Apartment Residences | 1 Bedroom 1 Bath 101 | 1BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Heights at Gateway Park | 2 Bedroom First Floor Interior | 2BR,2BA | $1.55 |
| 426 Walnut Ave SE, Unit D | 426 Walnut Ave SE | 2BR,1BA | $1.40 |
| Gramercy Row Apartment Residences | 1 Bedroom 1 Bath 101 | 1BR,1BA | $2.25 |
| Stone Ridge Apartments- Convenient Location | 1BR/1.0BA | 1BR,1BA | $1.51 |
| 3rd,SW,1401 | 1BR/1.0BA | 1BR,1BA | $1.69 |
| Mount Pleasant Villas | 1X1 Deluxe | 1BR,1BA | $2.23 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $1.79 |
| 631 Campbell Ave LLC - Residential | Studio Loft | Studio ,1BA | $1.99 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
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.
Read ArticleDon'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.
Read ArticleThe Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
Read ArticleCash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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 LifestyleWalnut Hill, Roanoke, VA
Ranked #50
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
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

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.

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.

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.