
Cheap Apartments for Rent in the Walnut Hill Neighborhood of Roanoke, VA from $500 (22 Rentals)
Search the lowest-cost Apartments available for rent right now in the Walnut Hill area of Roanoke.


1819 Jerome St SE

1905 Dale Ave SE

809 Jamison Ave SE

Stone Ridge Apartments- Convenient Location

429-431 Albemarle 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.
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.

321 9th St
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.
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 1 Bedroom Apartments | $1,215 | $716 | $1,452 |
| Walnut Hill 2 Bedroom Apartments | $1,284 | $815 | $2,999 |
| Walnut Hill 3 Bedroom Apartments | $1,764 | $1,095 | $2,522 |
| Walnut Hill 4 Bedroom Apartments | $2,475 | $2,475 | $2,475 |
Browse Apartments in this Neighborhood
There are currently 22 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
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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 Harrison School priced from $615. Stone Ridge Apartments- Convenient Location has the second lowest priced unit, which is a 1 Bed apartment currently listed from $899. Here are the most affordable Walnut Hill apartments for rent in Roanoke, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Harrison School | One Bedroom One Bathroom | 1BR,1BA | $615 |
| Stone Ridge Apartments- Convenient Location | 1BR/1.0BA | 1BR,1BA | $899 |
| 3rd,SW,1401 | 1BR/1.0BA | 1BR,1BA | $950 |
| Mount Pleasant Villas | 1x1 | 1BR,1BA | $999 |
| Flats at Glade Creek | 2X1 | 2BR,1BA | $1,099 |
Best Value Apartments for Rent in Walnut Hill, VA
As of December 28, 2025 the best value apartment in the Walnut Hill area is the $0.95 price per square foot House Model at 3120 Stoneridge Rd SW in the in the Southern Hills neighborhood starting from $2,475. The second greatest value Walnut Hill apartment is the 2BR/2.0BA Model at The Everly starting at $2,150 with a $1.63 price per square foot in the Gilmer 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. |
|---|---|---|---|
| 3120 Stoneridge Rd SW | House | 4BR,3BA | $0.95 |
| The Everly | 2BR/2.0BA | 2BR,2BA | $1.63 |
| Lofts on Church | 2BR/1.0BA | 2BR,1BA | $1.25 |
| Flats at Glade Creek | 2X1 | 2BR,1BA | $1.29 |
| Woodland Park | 1BR/1.0BA | 1BR,1BA | $1.49 |
| Gramercy Row Apartment Residences | 1 Bedroom 1 Bath 102 | 1BR,1BA | $2.14 |
| Stone Ridge Apartments- Convenient Location | 2BR/1.0BA | 2BR,1BA | $1.60 |
| 3rd,SW,1401 | 1BR/1.0BA | 1BR,1BA | $1.57 |
| Harrison School | One Bedroom One Bathroom | 1BR,1BA | $1.05 |
| Mount Pleasant Villas | 1x1 | 1BR,1BA | $1.98 |
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.
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 #41
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
2.5Pet Friendly
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 $615 at Harrison School.
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 $995 at Stone Ridge Apartments- Convenient Location.
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

How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!














