Cheap Apartments for Rent in Penhook, VA from $600 (21 Rentals)

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Fieldale Apartments
1 Bedroom Apartments

Fieldale Apartments

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

2001 Lynn Ave

2001 Lynn Ave SWRoanoke, VA 24014
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115 Elm Ave SW
1 Bedroom Apartments

115 Elm Ave SW

115 Elm Ave SWRoanoke, VA 24016
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Penhook, VA Local Guide

Cheapest Available Penhook Apartments for Rent and Nearby

 

The cheapest available apartment rental in Penhook, 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 Penhook apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Blue Ridge Village Senior Property2 Bedroom2BR,1BA$836
Ridge View2 Bedroom2BR,1BA$871
School Drive ApartmentsOne Bedroom1BR,1BA$921
Mount Pleasant Villas1x11BR,1BA$949
Stone Ridge Apartments1 bedroom1BR,1BA$950

Best Value Apartments for Rent in Penhook, VA and Nearby

As of March 26, 2025 the best value apartment in the Penhook area is the $1.33 price per square foot Renovated Three Bedroom Model at Glade Creek (I) in the in the Gainsboro neighborhood starting from $1,745. The second greatest value Penhook apartment is the 2 Bedroom Model at Blue Ridge Village Senior Property starting at $836 with a $0.75 price per square foot in the Gilmer neighborhood. Here is today’s list of the best values for Penhook apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Glade Creek (I)Renovated Three Bedroom3BR,2BA$1.33
Blue Ridge Village Senior Property2 Bedroom2BR,1.5BA$0.75
Ridge View3 Bedroom3BR,2BA$0.96
Flats at Glade Creek3BR / 1BA3BR,1BA$1.31
Hickory WoodsRenovated Two Bedroom Two Bathroom2BR,2BA$1.49
301 Gilmer Ave2 Beds, 1 Baths2BR,1BA$1.24
The Vista at Orchards1BR1BR,1BA$1.46
Honeywood Apartments1 Bedroom1BR,1BA$1.43
The Pines of RoanokeThe Pinewood1BR,1BA$1.44
School Drive ApartmentsOne Bedroom1BR,1BA$1.31

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Getting Around Penhook, VA

Walk Score®

4 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

9 / 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 Penhook Apartments

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

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

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

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

What is the most affordable Penhook Three Bedroom Apartment?

The best deal on a cheap Penhook 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.

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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.

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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.

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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.

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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.