27

Fairlawn, VA Homes for Rent

Section Image
  • /31

    Starting at $425

    Total Monthly Price

    • Studio - 5 Beds

    1 New River Dr, Radford, VA 24141

    Experience the perfect blend of comfort, convenience, and modern living at River's Edge and Greenhill Student Housing in Radford, VA. Whether you're a student at Radford University or a professional looking for a well-connected, stylish residence, our apartments offer everything you need to feel at home.

    Rivers Edge (new)

    1 New River Dr, Radford, VA 24141
  • /23

    $2,150

    Total Monthly Price

    • 3 Beds
    • 2.5 Baths
    • Beautiful Three Bedroom, Two and a half Bath home available in River Wood of Fairlawn

    6729 Bradley Rd, Radford, VA 24141

    Beautiful Three Bedroom, Two and a half home available for Rent in River Wood of Fairlawn offers a spacious open floor design that connects living, dining, and kitchen areas. The gas fireplace provides a focal point for the main living space, and a large deck overlooks a generous yard—ideal for outdoor gatherings or gardening. Inside you'll find a convenient washer/dryer hookup and ample garage

    6729 Bradley Rd, Radford, VA 24141

Why Live in Fairlawn

Fairlawn, located in Virginia’s New River Valley, is a small community known for its blend of starter homes and upscale golf course properties. The New River borders much of Fairlawn, providing opportunities for bird watching, canoeing, and fishing, with the Peppers Ferry Boat Launch offering river access. The community features ranch-style, Minimal Traditional, and split-level homes in suburban-style subdivisions, while the eastern side boasts larger, newer homes in neighborhoods like Heron’s Landing, which offers colonial and Craftsman-inspired New Traditional homes around a golf course. Major employers nearby include Radford University, Virginia Tech, and the Radford Army Ammunition Plant. Local attractions include the Pete Dye River Course of Virginia Tech, a challenging 18-hole golf course, and Scarrette’s Plaza Cinema. Claytor Lake State Park, known for boating, fishing, and swimming, also offers 7 miles of biking and hiking trails. Dining options range from fast food on Route 11 and Peppers Ferry Road to riverfront restaurants like The River Company Restaurant and Brewery. Essential shopping is available at Kroger, Tienda Latina Genesis, Walmart, and Lowe’s Home Improvement. Fairlawn is served by Pulaski County schools, which offer STEM career opportunities. Transportation options include U.S. Route 11, Peppers Ferry Road, and Radford Transit bus routes. The community is approximately 2 miles from downtown Radford and 13 miles from Blacksburg, with Carillon New River Valley Medical Center 7 miles away and Roanoke-Blacksburg Airport 44 miles away. Residents can enjoy nearby festivals in Radford, such as the Radford Highlanders Festival and Radford Community Fest.

Frequently Asked Questions

How much does it cost to rent a home in Fairlawn, VA?
The median rent for a home in Fairlawn, VA is $1,400 per month, though prices vary by neighborhood, size, and property type. As of June 2026, single-family homes tend to be the most affordable option while townhouses are currently more expensive.
How much do you need to make to afford rent in Fairlawn, VA?
To comfortably afford the median rent in Fairlawn, VA, a household needs to earn roughly $56,000 per year. This is based on the common guideline that households should spend no more than 30% of gross income on housing. Most landlords require monthly household income of at least 3x the monthly rent, and with a median rent of $1,400 per month in Fairlawn, VA, renters typically need to show $4,200 per month in gross income to qualify. Actual affordability will vary depending on household debts, other living expenses, and overall budget.
Is it more affordable to rent or buy in Fairlawn, VA?
In Fairlawn, VA, the price-to-rent ratio is 16.2, which generally favors renting. This ratio divides the median home price by the annual median rent: below 15 typically favors buying, 15 to 20 is balanced, and above 20 typically favors renting. Your finances, how long you plan to stay, and costs like mortgage rates, taxes, and maintenance all factor into the decision.
What neighborhoods in Fairlawn, VA are best for renting a home?
The best neighborhood for renting in Fairlawn, VA depends on your priorities: commute, walkability, budget, and lifestyle all play a role. Popular areas for renting a home include Shenandoah, Main-Patrick Henry, Hethwood-Prices Fork, Glade-Westover and McBryde, each with its own character and price range.

Rental Home Trends

Number of Homes for Rent
2
Median Rent
$1,400
Median Single Family Home Rent
$1,400
Median Townhouse Rent
$1,775
How to Rent a Home