
Cheap Apartments for Rent in the Walnut Hill Neighborhood of Roanoke, VA from $500 (54 Rentals)
Search the lowest-cost Apartments available for rent right now in the Walnut Hill area of Roanoke.


1506 Gilmer Ave NW

611 Stewart Ave SE

1626 Redwood Rd SE

809 Jamison Ave SE

802 Rorer Ave SW

Total Monthly Price
1222-1224 Maple Ave SW

2411 Colonial Ave SW

611 Dale Ave SE

445 Riverland Rd SE
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.

509 King George Ave SW

Total Monthly Price
Stone Ridge Apartments

1802 Patterson Ave SW

631 Campbell Ave LLC - Residential

1016 15th St SE

Total Monthly Price
Mount Pleasant Villas

621 Elm Ave SE

379 Walnut Ave SW

602 Day Ave SW

934 Floyd Ave SW
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.

1818 Rorer Ave SW

Total Monthly Price
The Heights at Gateway Park

1415 Chapman Ave SW

715 Marshall Ave SW

McCray Court Senior Living

Edgehill Estates

Abbingdon of Old Southwest

110 Campbell Ave SE

Heritage Hall

Summertree
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.

Terrace North Apartments

The River House

202 Elm Ave

Hounds Chase Apartments

1624 SW Chapman Ave

1624 Chapman Ave SW

2001 Lynn Ave

The Patrick Henry

Cotton Mill Lofts

Grandin Court Apartments
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.

1020 Jamison Ave SE

The Lawson Building East

1138 Highland Ave SE

922 12th St SE

420 Albemarle Ave SW

South Roanoke Apartment Village

The Hancock Building

115 Elm Ave SW

The Jefferson

3rd,SW,1401
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

How much does it cost to rent an apartment in Walnut Hill?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Walnut Hill 1 Bedroom Apartments | $1,192 | $750 | $1,609 |
| Walnut Hill 2 Bedroom Apartments | $1,445 | $875 | $2,595 |
| Walnut Hill 3 Bedroom Apartments | $1,562 | $995 | $2,182 |
Browse Apartments in this Neighborhood
There are currently 54 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
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- 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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1624 SW Chapman Ave | 1 Beds, 1 Baths | 1BR,1BA | $799 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,1BA | $895 |
| Mount Pleasant Villas | 1x1 | 1BR,1BA | $999 |
| The Heights at Gateway Park | 1 Bedroom Third Floor | 1BR,1BA | $1,099 |
| The Aurora - Residential | 1BR/1.0BA | 1BR,1BA | $1,125 |
| 701 3rd Street | 1x1 | 1BR,1BA | $1,149 |
| Gramercy Row Apartment Residences | 1 Bedroom 1 Bath 124 | 1BR,1BA | $1,225 |
| Flats at Glade Creek | 2X1 | 2BR,1BA | $1,257 |
| Century Bridges | Milan (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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 917 Campbell Ave SW, Unit A | 917 Campbell Ave SW | 2BR,1BA | $1.35 |
| Century Bridges | Atlanta (The Woods) | 3BR,2BA | $2.40 |
| Flats at Glade Creek | 2X1 | 2BR,1BA | $1.48 |
| The Aurora - Residential | 1BR/1.0BA | 1BR,1BA | $1.44 |
| The Heights at Gateway Park | 1 Bedroom First Floor | 1BR,1BA | $1.58 |
| Gramercy Row Apartment Residences | 1 Bedroom 1 Bath 124 | 1BR,1BA | $1.78 |
| 1624 SW Chapman Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.23 |
| Mount Pleasant Villas | 1x1 | 1BR,1BA | $1.98 |
| 1222-1224 Maple Ave SW | 1 Bed 1 Bath | 1BR,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.
Read ArticleReal 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.
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 #46
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 $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

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.

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.

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.

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.