
Cheap Homes for Rent in Selma, VA from $900 (21 Rentals)
Search the lowest-cost Homes available for rent right now in Selma.


123 Circle Dr

3648 Davis Stuart Rd

717 Orange Ave NW

16 Church Ave SW

2516 Oakland Blvd NW

814 Tennessee St
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.

425 Campbell Ave SW

210 Cardinal Wy

409 Wills Rd

1516 King St

2803 Burton Ave NW

603 Strand Rd NE

219 Cardinal Wy
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.

3816 Dakota Ave NW

424 2nd St

1905 Wise Ave SE

635 Riverland Rd SE

1712 Wayne St NE

745 Queen Ave NW

1234 Pechin Ave SE
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.
Selma, VA Local Guide

How much does it cost to rent a home in Selma?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Selma 2 Bedroom Homes for Rent | $1,284 | $900 | $1,700 |
| Selma 3 Bedroom Homes for Rent | $2,358 | $1,650 | $4,500 |
| Selma 4 Bedroom Homes for Rent | $1,665 | $1,500 | $1,895 |
| Selma 5 Bedroom Homes for Rent | $2,047 | $1,895 | $2,200 |
Browse Top Homes for Rent in Selma
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Selma, VA Local Guide
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Cheapest Available Selma Apartments for Rent and Nearby
 The cheapest available apartment rental in Selma, VA is a Studio unit found at Ridgeview Apartments in the Monterey neighborhood priced from $690. Hillcrest Manor Apartments has the second lowest priced unit, which is a 1 Bed apartment currently listed from $700. Here is today’s list of the most affordable Selma apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Ridgeview Apartments | Studio | Studio,1BA | $690 |
| Hillcrest Manor Apartments | 1br | 1BR,1BA | $700 |
| Schoolhouse Apartments | 1 bed | 1BR,1BA | $800 |
| Craigmont Manor | 1 Bedroom | 1BR,1BA | $815 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $990 |
Best Value Apartments for Rent in Selma, VA and Nearby
As of June 13, 2026 the best value apartment in the Selma area is the $1.42 price per square foot 3 BR Type 1 Model at The Overlook at Daleville in the in the Cloverdale neighborhood starting from $2,075. The second greatest value Selma apartment is the 3 Bedroom x 1.5 Bathroom Classic Floor Plan Model at Countryside Estates starting at $1,430 with a $1.04 price per square foot in the Peachtree Norwood neighborhood. Here is today’s list of the best values for Selma apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Overlook at Daleville | 3 BR Type 1 | 3BR,2BA | $1.42 |
| Countryside Estates | 3 Bedroom x 1.5 Bathroom Classic Floor Plan | 3BR,1.5BA | $1.04 |
| Glade Creek (I) | Renovated Two Bedroom Two Bathroom | 2BR,2BA | $1.32 |
| North Point | 2BR | 2BR,2BA | $1.40 |
| Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $0.99 |
| The Crest Apartments | Two Bedroom One Bathroom with Den | 2BR,1BA | $1.41 |
| Schoolhouse Apartments | 1 bed | 1BR,1BA | $0.90 |
| Flats at Glade Creek | 2X1 | 2BR,1BA | $1.48 |
| Craigmont Manor | 1 Bedroom | 1BR,1BA | $1.16 |
| Hillcrest Manor Apartments | 1br | 1BR,1BA | $1.08 |
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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
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See the most popular apartments and homes in Selma, VA
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 $690 to $4,410. There are also 47 Single Family Homes for rent, Condos, and Townhome rentals currently available in Selma ranging from $265 to $4,500.
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 $4,500 with an average monthly rent of $1,492.
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 $1,125 to $4,410, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $4,500. Four Bedroom Single-Family rentals are also available starting from $1,500 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

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.

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.