Cheap Homes for Rent in Selma, VA from $700 (19 Rentals)

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Search the lowest-cost Homes available for rent right now in Selma.

property at 8188 Lee Hwy

$265

Total Monthly Price

Total Monthly Price

Base Rent
$265

Total Monthly Price
$265

Studio, 1 Bath Condo for Rent

Available Now

8188 Lee Hwy

TroutvilleVA24175
property at 60 Deer Crossing Ln

$700

Total Monthly Price

Total Monthly Price

Base Rent
$700

Total Monthly Price
$700

1 Bedroom, 1 Bath Home for Rent

Available Now

60 Deer Crossing Ln

LexingtonVA24450
property at 202 Elm Ave

$749

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$749

Total Monthly Price
$749

Studio, 1 Bath Home for Rent

Available Now

202 Elm Ave

RoanokeVA24016
property at 67 Old Buena Vista Rd

$800

Total Monthly Price

Total Monthly Price

Base Rent
$800

Total Monthly Price
$800

2 Bedroom, 1 Bath Home for Rent

Available Aug 1

67 Old Buena Vista Rd

LexingtonVA24450

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.

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 915 Woodland Ave

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Now

915 Woodland Ave

Buena VistaVA24416
property at 525 Maury St

$900

Total Monthly Price

Total Monthly Price

Base Rent
$900

Total Monthly Price
$900

2 Bedroom, 1 Bath Home for Rent

Available Jun 1

525 Maury St

LexingtonVA24450
property at 2803 Burton Ave NW

$949

Total Monthly Price

Total Monthly Price

Base Rent
$949

Total Monthly Price
$949

2 Bedroom, 1 Bath Home for Rent

Available Now

2803 Burton Ave NW

RoanokeVA24012

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.

property at 1266 Oak Ave

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

1 Bedroom, 1 Bath Home for Rent

Available May 1

1266 Oak Ave

Buena VistaVA24416
property at 208 Miller St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

208 Miller St

LexingtonVA24450
property at 116 1/2 Houston St

$1,000

Total Monthly Price

Total Monthly Price

Base Rent
$1,000

Total Monthly Price
$1,000

2 Bedroom, 1 Bath Home for Rent

Available Now

116 1/2 Houston St

LexingtonVA24450
property at 1612 Campbell Ave SE

$1,023

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,023

Total Monthly Price
$1,023

3 Bedroom, 1 Bath Home for Rent

Available Now

1612 Campbell Ave SE

RoanokeVA24013
property at 10 Chocklett Ln

$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 Jun 1

10 Chocklett Ln

LexingtonVA24450

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.

property at 1308 Maple Ave

$1,100

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,100

Total Monthly Price
$1,100

3 Bedroom, 1 Bath Home for Rent

Available Now

1308 Maple Ave

Buena VistaVA24416

Selma, VA Local Guide

Cheapest Available Selma Apartments for Rent and Nearby

 

The cheapest available apartment rental in Selma, VA is a 1 Bed unit found at Hillcrest Manor Apartments priced from $700. Ridgeview Apartments in the Monterey neighborhood has the second lowest priced unit, which is a Studio apartment currently listed from $710. Here is today’s list of the most affordable Selma apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hillcrest Manor Apartments1br1BR,1BA$700
Ridgeview ApartmentsStudioStudio,1BA$710
Craigmont Manor1 Bedroom1BR,1BA$815
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$926
4419-4425 Lela Ave NE1 Bed 1 Bath1BR,1BA$975

Best Value Apartments for Rent in Selma, VA and Nearby

As of April 07, 2026 the best value apartment in the Selma area is the $1.33 price per square foot Renovated Two Bedroom Two Bathroom Model at Glade Creek (I) in the in the Monterey neighborhood starting from $1,565. The second greatest value Selma apartment is the 2/1.5 50% AMI Model at Blue Ridge Village starting at $1,173 with a $1.05 price per square foot in the Gilmer neighborhood. Here is today’s list of the best values for Selma apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Glade Creek (I)Renovated Two Bedroom Two Bathroom2BR,2BA$1.33
Blue Ridge Village2/1.5 50% AMI2BR,1.5BA$1.05
North Point2BR2BR,2BA$1.40
Countryside Estates2 Bedroom x 1 Bathroom Classic Floor Plan2BR,1BA$1.15
Peters Creek Apartments - Tax Credit2BR/2BA2BR,2BA$0.93
River Retreat1 Bedroom River View1BR,1BA$1.43
Bent Creek Apartments and Townhomes1 B 1B 800sq1BR,1BA$1.46
Frontier Apartments2BR 1BA Upgraded2BR,1BA$1.31
Craigmont Manor1 Bedroom1BR,1BA$1.16
Hillcrest Manor Apartments1br1BR,1BA$1.08

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.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

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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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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Selma

What type of rentals are currently available in Selma?

There are currently 43 Apartments for Rent in Selma, VA with pricing that ranges from $700 to $3,695. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Selma ranging from $265 to $3,400.

What is the current price range for Rental Homes in Selma?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Selma ranges from $265 to $3,400 with an average monthly rent of $1,487.

How much are larger Three and Four Bedroom Rentals in Selma?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Selma range from $1,047 to $3,695, while Three Bedroom Homes, Condos, and Townhomes for rent range from $299 to $2,150. Four Bedroom Single-Family rentals are also available starting from $299 and Four Bedroom Apartments start at $1,790.

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

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

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.

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

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.