Cheap Apartments for Rent in Ferrum, VA from $600 (24 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
Lifestyle Matching SearchDone
Learn more about Lifestyle Search
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Apartments available for rent right now in Ferrum.

close
View Me
Fieldale Apartments
1 Bedroom Apartments

Fieldale Apartments

100 Marshall WayFieldale, VA 24089
  • Utilities Included
close
View Me
2001 Lynn Ave
1 Bedroom Apartments

2001 Lynn Ave

2001 Lynn Ave SWRoanoke, VA 24014
  • Utilities Included
close
View Me
115 Elm Ave SW
1 Bedroom Apartments

115 Elm Ave SW

115 Elm Ave SWRoanoke, VA 24016
  • Utilities Included
Showing Results 1-24, Page 1 of 1

Ferrum, VA Local Guide

Cheapest Available Ferrum Apartments for Rent and Nearby

 

The cheapest available apartment rental in Ferrum, VA is a 2 Beds unit found at Blue Ridge Village Senior Property in the Gilmer neighborhood priced from $836. Ridge View in the Upper Martinsville neighborhood has the second lowest priced unit, which is a 2 Beds apartment currently listed from $871. Here is today’s list of the most affordable Ferrum apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Blue Ridge Village Senior Property2 Bedroom2BR,1BA$836
Ridge View2 Bedroom2BR,1BA$871
Stone Ridge Apartments2 bedroom deluxe2BR,1BA$910
School Drive ApartmentsOne Bedroom1BR,1BA$921
Mount Pleasant Villas1x11BR,1BA$949

Best Value Apartments for Rent in Ferrum, VA and Nearby

As of March 26, 2025 the best value apartment in the Ferrum area is the $0.75 price per square foot 2 Bedroom Model at Blue Ridge Village Senior Property in the in the Gilmer neighborhood starting from $836. The second greatest value Ferrum apartment is the 3 Bedroom Model at Ridge View starting at $1,006 with a $0.96 price per square foot in the Upper Martinsville neighborhood. Here is today’s list of the best values for Ferrum apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Blue Ridge Village Senior Property2 Bedroom2BR,1.5BA$0.75
Ridge View3 Bedroom3BR,2BA$0.96
The Riverwalk at Salem2 Bedroom, 1.5 Bath2BR,1.5BA$1.28
Flats at Glade Creek2BR / 1BA2BR,1BA$1.35
301 Gilmer Ave2 Beds, 1 Baths2BR,1BA$1.24
Honeywood Apartments1 Bedroom1BR,1BA$1.43
Pebble Creek ApartmentsThe Heron1BR,1BA$1.49
The Pines of RoanokeThe Pinewood1BR,1BA$1.44
School Drive ApartmentsOne Bedroom1BR,1BA$1.31
The Everett1 Bed 1Bath - 1A1BR,1BA$1.52

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.

decorative image of people with a giant lease agreement

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

Explore Ferrum, VA Rentals by Map

Decorative image of map

See the most popular apartments and homes in Ferrum, VA

View MapFerrum, VA Apartments MapView MapFerrum, VA Rental Homes Map

Getting Around Ferrum, VA

Walk Score®

16 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

7 / 100

Somewhat Bikeable

Minimal bike infrastructure

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Ferrum Apartments

How much is rent for a Cheap One Bedroom Ferrum Apartment?

The lowest price for a Cheap One Bedroom Ferrum Apartment is $921 at School Drive Apartments.

What is the lowest price for a Cheap Two Bedroom Ferrum Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Ferrum is starting from $836 at Blue Ridge Village Senior Property.

What is the most affordable Ferrum Three Bedroom Apartment?

The best deal on a cheap Ferrum Three Bedroom Apartment rental is at Ridge View and starts from $1,006.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

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.

decorative image for Understanding Amenity Fees: Know Where You Might Be Able to Save Money article

Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

decorative image for Renting Smart: Lease Basics Every Renter Needs article

Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

decorative image for Battling the Butts: Your Guide to the Reality of Smoke-Free Renting article

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

decorative image for How Your Move-In Inspection Can Protect Your Security Deposit article

How Your Move-In Inspection Can Protect Your Security Deposit

Written by: Christine Leonard, Esq.

If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.