
Cheap Homes for Rent in Roanoke, VA from $400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in Roanoke.


16 Church Ave

1134 Cove Rd

202 Elm Ave
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

1831 Oxford Ave SW

1108 Campbell Ave SW

1826 Rorer Ave SW

2114 Windsor Ave SW
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Roanoke, VA Local Guide

How much does it cost to rent a home in Roanoke?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Roanoke 2 Bedroom Homes for Rent | $1,344 | $695 | $1,875 |
Roanoke 3 Bedroom Homes for Rent | $1,793 | $1,000 | $3,030 |
Roanoke 4 Bedroom Homes for Rent | $2,246 | $1,595 | $3,000 |
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Roanoke, VA Local Guide
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Cheapest Neighborhoods for Apartments in Roanoke, VA
Pricing Updated: 05/01/2025Current apartment rentals in the Roanoke, VA area range in price from $660 to $3,992 with an overall median price of $1,916. The three Roanoke neighborhoods with the lowest median rent pricing are South Roanoke at $890, Colonial Avenue Area at $890, and Deyerle at $890. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Roanoke Apartments for rent:
Neighborhood | Median Price | Min Price | Available Units |
---|---|---|---|
South Roanoke | $1,754 | $890 | 60 |
Colonial Avenue Area | $1,762 | $890 | 59 |
Deyerle | $1,762 | $890 | 108 |
Grandin Court | $1,762 | $890 | 39 |
Mill Mountain | $1,762 | $925 | 52 |
Raleigh Court | $1,762 | $695 | 66 |
Wasena | $1,762 | $750 | 75 |
Cave Spring | $1,777 | $750 | 130 |
Old Southwest | $1,777 | $925 | 42 |
Walnut Hill | $1,777 | $750 | 70 |
Cheapest Available Roanoke Apartments for Rent
 The cheapest available apartment rental in Roanoke, VA is a Studio unit found at Ridgeview Apartments in the Fair Land neighborhood priced from $660. The Everett in the Gilmer neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $890. Here is today’s list of the most affordable Roanoke apartments for rent:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
Ridgeview Apartments | Studio | Studio,1BA | $660 |
The Everett | 1 Bed 1Bath - 1C | 1BR,1BA | $890 |
Stone Ridge Apartments | 1 bedroom | 1BR,1BA | $925 |
Best Value Apartments for Rent in Roanoke, VA
As of May 01, 2025 the best value apartment in the Roanoke area is the $1.13 price per square foot One bed 1 1/2 bath Model at Horton Lofts in the in the Gilmer neighborhood starting from $1,875. The second greatest value Roanoke apartment is the 2/1.5 50% AMI Model at Blue Ridge Village Apartments starting at $1,045 with a $0.94 price per square foot in the Gilmer neighborhood. Here is today’s list of the best values for Roanoke apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Horton Lofts | One bed 1 1/2 bath | 1BR,1.5BA | $1.13 |
Blue Ridge Village Apartments | 2/1.5 50% AMI | 2BR,1.5BA | $0.94 |
The Aspen | 2 Bedroom | 2BR,2BA | $1.27 |
The Vista at Orchards | 2BR | 2BR,2BA | $1.23 |
Countryside Estates | 2 Bedroom x 1 Bathroom Classic Floor Plan | 2BR,1BA | $1.24 |
Peters Creek Apartments - Tax Credit | 2BR/2BA | 2BR,2BA | $1.12 |
1732 Hanover Ave NW, Unit B | 1732 Hanover Ave NW | 2BR,1BA | $1.06 |
301 Gilmer Ave | 2 Beds, 1 Baths | 2BR,1BA | $1.24 |
1117 Rugby Blvd NW, Unit B | 1117 Rugby Blvd NW | 2BR,1BA | $1.12 |
1714 Melrose Ave NW, Unit 2 | 1714 Melrose Ave NW | 2BR,1BA | $1.23 |
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Frequently Asked Questions about Roanoke
What type of rentals are currently available in Roanoke?
There are currently 370 Apartments for Rent in Roanoke, VA with pricing that ranges from $660 to $3,992. There are also 53 Single Family Homes for rent, Condos, and Townhome rentals currently available in Roanoke ranging from $495 to $3,030.
What is the current price range for Rental Homes in Roanoke?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Roanoke ranges from $495 to $3,030 with an average monthly rent of $1,529.
How much are larger Three and Four Bedroom Rentals in Roanoke?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Roanoke range from $1,095 to $3,992, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,000 to $3,030. Four Bedroom Single-Family rentals are also available starting from $1,595 and Four Bedroom Apartments start at $1,725.
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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.

Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Written by: Christine Leonard, Esq.
Everyone needs a place to live and to call home. For decades, the federal government has established protections to ensure that individuals and families can find housing free from discriminatory barriers.

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.