Cheap Apartments for Rent in the Walnut Hill Neighborhood of Roanoke, VA from $500 (54 Rentals)

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

property at 1506 Gilmer Ave NW

$825

Total Monthly Price

Total Monthly Price

Base Rent
$825

Total Monthly Price
$825

1 Bedroom, 1 Bath Home for Rent

Available Aug 28

1506 Gilmer Ave NW

RoanokeVA24017
property at 611 Stewart Ave SE

$850 - $910

Total Monthly Price

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

1 To 2 Bedroom Rentals

Available Now

611 Stewart Ave SE

RoanokeVA24013
property at 1626 Redwood Rd SE

$875

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

2 Bedroom, 1 Bath Home for Rent

Available Aug 5

1626 Redwood Rd SE

RoanokeVA24014
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 2411 Colonial Ave SW

$923

Total Monthly Price

Total Monthly Price

Base Rent
$923

Total Monthly Price
$923

2 Bedroom, 2 Bath Home for Rent

Available Now

2411 Colonial Ave SW

RoanokeVA24015
property at 611 Dale Ave SE

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

2 Bedroom, 1 Bath Home for Rent

Available Aug 28

611 Dale Ave SE

RoanokeVA24013
property at 445 Riverland Rd SE

$925

Total Monthly Price

Total Monthly Price

Base Rent
$925

Total Monthly Price
$925

1 Bedroom, 1 Bath Home for Rent

Available Now

445 Riverland Rd SE

RoanokeVA24014

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 1802 Patterson Ave SW

$850 - $950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

1 Bedroom Rentals

Available Now

1802 Patterson Ave SW

RoanokeVA24016
property at 1016 15th St SE

$995

Total Monthly Price

Total Monthly Price

Base Rent
$995

Total Monthly Price
$995

3 Bedroom, 1.5 Bath Home for Rent

Available Now

1016 15th St SE

RoanokeVA24013
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Mount Pleasant Villas
Rent Specials
$999 - $1,350
Total Monthly Price

Total Monthly Price

Base Rent
$999 - $1,350

Total Monthly Price
$999 - $1,350
1 to 2 Bedroom Apartments Available Now

Mount Pleasant Villas

1726 Rutrough Rd SERoanoke, VA 24014
Affordability
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property at 621 Elm Ave SE

$1,023

Total Monthly Price

Total Monthly Price

Base Rent
$1,023

Total Monthly Price
$1,023

3 Bedroom, 1 Bath Home for Rent

Available Now

621 Elm Ave SE

RoanokeVA24013
property at 379 Walnut 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 Aug 14

379 Walnut Ave SW

RoanokeVA24016
property at 602 Day Ave SW

$1,075

Total Monthly Price

Total Monthly Price

Base Rent
$1,075

Total Monthly Price
$1,075

2 Bedroom, 1 Bath Home for Rent

Available Now

602 Day Ave SW

RoanokeVA24016
property at 934 Floyd 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

934 Floyd Ave SW

RoanokeVA24015

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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 1415 Chapman Ave SW

$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 Now

1415 Chapman Ave SW

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 Now

715 Marshall Ave SW

RoanokeVA24016
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Edgehill Estates
Studio to 2 Bedroom Apartments

Edgehill Estates

739 Townside Rd SWRoanoke, VA 24014
  • Utilities Included
property at 110 Campbell Ave SE

$595 - $1,600

Total Monthly Price

Total Monthly Price

Base Rent
$595

Total Monthly Price
$595

Studio To 2 Bedroom Rentals

Available Now

110 Campbell Ave SE

RoanokeVA24011
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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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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The River House
Studio to 2 Bedroom Apartments

The River House

806 Wasena Ave SWRoanoke, VA 24015
Corporate Housing
property at 202 Elm Ave

$775

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$775

Total Monthly Price
$775

1 Bedroom, 1 Bath Home for Rent

Available Now

202 Elm Ave

RoanokeVA24016
property at 1624 Chapman Ave SW

$799

Total Monthly Price

Total Monthly Price

Base Rent
$799

Total Monthly Price
$799

1 Bedroom, 1 Bath Home for Rent

Available Now

1624 Chapman Ave SW

RoanokeVA24016
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2001 Lynn Ave
1 to 2 Bedroom Apartments

2001 Lynn Ave

2001 Lynn Ave SWRoanoke, VA 24014
  • Utilities Included
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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

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 1020 Jamison Ave SE

$875 - $1,000

Total Monthly Price

Total Monthly Price

Base Rent
$875

Total Monthly Price
$875

2 Bedroom Rentals

Available Now

1020 Jamison Ave SE

RoanokeVA24013
property at 1138 Highland Ave SE

$895

Total Monthly Price

Total Monthly Price

Base Rent
$895

Total Monthly Price
$895

1 Bedroom, 1 Bath Home for Rent

Available Now

1138 Highland Ave SE

RoanokeVA24013
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 420 Albemarle Ave SW

$950

Total Monthly Price

Total Monthly Price

Base Rent
$950

Total Monthly Price
$950

2 Bedroom, 1 Bath Home for Rent

Available Now

420 Albemarle Ave SW

RoanokeVA24016
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The Hancock Building
1 to 2 Bedroom Apartments

The Hancock Building

35 Campbell Ave SWRoanoke, VA 24011
  • Utilities Included
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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
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The Jefferson
1 to 2 Bedroom Apartments

The Jefferson

2201 Jefferson St SWRoanoke, VA 24014
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3rd,SW,1401
1 Bedroom Apartments

3rd,SW,1401

1401 3rd St SWRoanoke, VA 24016

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.

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 1624 SW Chapman Ave priced from $799. 1222-1224 Maple Ave SW has the second lowest priced unit, which is a 1 Bed apartment currently listed from $895. Here are the most affordable Walnut Hill apartments for rent in Roanoke, VA:

Apartment ListingModel NameBed/BathPriced From
1624 SW Chapman Ave1 Beds, 1 Baths1BR,1BA$799
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$895
Mount Pleasant Villas1x11BR,1BA$999
The Heights at Gateway Park1 Bedroom Third Floor1BR,1BA$1,099
The Aurora - Residential1BR/1.0BA1BR,1BA$1,125
701 3rd Street1x11BR,1BA$1,149
Gramercy Row Apartment Residences1 Bedroom 1 Bath 1241BR,1BA$1,225
Flats at Glade Creek2X12BR,1BA$1,257
Century BridgesMilan (The Whitmore)1BR,1BA$1,584

Best Value Apartments for Rent in Walnut Hill, VA

As of July 23, 2026 the best value apartment in the Walnut Hill area is the $1.35 price per square foot 917 Campbell Ave SW Model at 917 Campbell Ave SW, Unit A in the in the Gilmer neighborhood starting from $1,285. The second greatest value Walnut Hill apartment is the Atlanta (The Woods) Model at Century Bridges starting at $2,182 with a $2.40 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.
917 Campbell Ave SW, Unit A917 Campbell Ave SW2BR,1BA$1.35
Century BridgesAtlanta (The Woods)3BR,2BA$2.40
Flats at Glade Creek2X12BR,1BA$1.48
The Aurora - Residential1BR/1.0BA1BR,1BA$1.44
The Heights at Gateway Park1 Bedroom First Floor1BR,1BA$1.58
Gramercy Row Apartment Residences1 Bedroom 1 Bath 1241BR,1BA$1.78
1624 SW Chapman Ave1 Beds, 1 Baths1BR,1BA$1.23
Mount Pleasant Villas1x11BR,1BA$1.98
1222-1224 Maple Ave SW1 Bed 1 Bath1BR,1BA$1.79

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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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 #46

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

Pet Friendliness Lifestyle Score

3.0
Pet Friendly

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Frequently Asked Questions about Cheap Walnut Hill Apartments

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

The lowest price for a Cheap One Bedroom Walnut Hill Apartment is $799 at 1624 SW Chapman Ave.

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.

What is the most affordable Walnut Hill Three Bedroom Apartment?

The best deal on a cheap Walnut Hill Three Bedroom Apartment rental is at Century Bridges and starts from $2,182.

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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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Renters Insurance 101: What It Is, What It Covers, and Why You Need It article

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

Written by: Robin Stewart

Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

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Apartment Occupancy Rates: Renter Attraction vs Renter Retention

Written by: Robin Stewart

There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.