
Cheap Apartments for Rent in the Walnut Hill Neighborhood of Roanoke, VA from $500 (52 Rentals)
Search the lowest-cost Apartments available for rent right now in the Walnut Hill area of Roanoke.


1314 Moorman Ave NW

1802 Patterson Ave SW

611 Stewart Ave SE

622 Allison Ave SW

802 Rorer Ave SW

Total Monthly Price
1222-1224 Maple Ave SW

809 Jamison Ave SE

Total Monthly Price
Stone Ridge Apartments- Convenient Location

1016 15th St SE
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.

1502 Gilmer Ave NW

Mount Pleasant Villas

1331 Main St SW

1816 Bennington St SE

631 Campbell Ave LLC - Residential

Total Monthly Price
426 Walnut Ave SE, Unit D

934 Floyd Ave SW

1818 Rorer Ave SW

401 Washington Avenue Southwest, Unit Washington Ave sw

2016 Sanford 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.

1415 Chapman Ave SW

715 Marshall Ave SW

McCray Court Senior Living

Edgehill Estates

Abbingdon of Old Southwest

Heritage Hall

Summertree

Terrace North Apartments

The River House

Hounds Chase Apartments
Cash 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.

16 Church Ave SW

1624 Chapman Ave SW

1624 SW Chapman Ave

2001 Lynn Ave

The Patrick Henry

Cotton Mill Lofts

Grandin Court Apartments

821 Salem Ave SW

The Lawson Building East

1138 Highland Ave SE
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.

922 12th St SE

717 Orange Ave NW

South Roanoke Apartment Village

The Hancock Building

115 Elm Ave SW

The Jefferson

1020 Jamison Ave SE

10-12 1/2 12 1/2 St

3rd,SW,1401

301 Gilmer Ave
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 | $1,282 | $646 | $1,690 |
| Walnut Hill 2 Bedroom Apartments | $1,355 | $895 | $2,273 |
| Walnut Hill 3 Bedroom Apartments | $1,512 | $995 | $2,498 |
| Walnut Hill 4 Bedroom Apartments | $1,545 | $1,545 | $1,545 |
Browse Apartments in this Neighborhood
There are currently 52 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 |
| Stone Ridge Apartments- Convenient Location | 1BR/1.0BA | 1BR,1BA | $915 |
| Mount Pleasant Villas | 1x1 | 1BR,1BA | $999 |
| 3rd,SW,1401 | 1BR/1.0BA | 1BR,1BA | $1,025 |
| 631 Campbell Ave LLC - Residential | 1BR/1.0BA | 1BR,1BA | $1,035 |
| The Heights at Gateway Park | 1 Bedroom Third Floor | 1BR,1BA | $1,199 |
| 701 3rd Street | 2x1 | 2BR,1BA | $1,249 |
| The Aurora - Residential | 1BR/1.0BA | 1BR,1BA | $1,250 |
Best Value Apartments for Rent in Walnut Hill, VA
As of June 08, 2026 the best value apartment in the Walnut Hill area is the $1.10 price per square foot 1609 Chapman Ave SW Model at 1609 Chapman Ave SW, Unit B in the in the Gilmer neighborhood starting from $1,545. The second greatest value Walnut Hill apartment is the 523 Arbutus Ave SE Model at 523 Arbutus Ave SE, Unit 523-B starting at $1,500 with a $1.58 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. |
|---|---|---|---|
| 1609 Chapman Ave SW, Unit B | 1609 Chapman Ave SW | 4BR,1BA | $1.10 |
| 523 Arbutus Ave SE, Unit 523-B | 523 Arbutus Ave SE | 2BR,2BA | $1.58 |
| 356 Walnut Ave SW | 1 Beds, 1 Baths | 1BR,1BA | $1.53 |
| Flats at Glade Creek | 2X1 | 2BR,1BA | $1.48 |
| 426 Walnut Ave SE, Unit D | 426 Walnut Ave SE | 2BR,1BA | $1.40 |
| The Heights at Gateway Park | 1 Bedroom First Floor | 1BR,1BA | $1.73 |
| 1624 SW Chapman Ave | 1 Beds, 1 Baths | 1BR,1BA | $1.23 |
| Stone Ridge Apartments- Convenient Location | 1BR/1.0BA | 1BR,1BA | $1.46 |
| 3rd,SW,1401 | 1BR/1.0BA | 1BR,1BA | $1.69 |
| 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.
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

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.