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Newest Homes for Rent in Fairlawn, VA

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  • /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)

    (540) 559-5899

    1 New River Dr, Radford, VA 24141
  • /19

    $1,400

    Total Monthly Price

    • 2 Beds
    • 1 Bath
    • Updated 2 bedroom 1 bath in Fairlawn VA

    7278 Manns Dr, Fairlawn, VA 24141

    Freshly updated 2-bedroom, 1-bath home in a peaceful and quiet neighborhood in Fairlawn. This charming unit features:Brand new flooring throughoutUpdated appliancesWasher/Dryer hookup for added convenienceBright, open living spaceComfortable bedrooms and clean, modern bathroomEnjoy the serenity of the area while being just minutes from shopping,

    7278 Manns Dr, Fairlawn, VA 24141

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 May 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 Main-Patrick Henry, Hethwood-Prices Fork, Farmview-Ramble, Glade-Westover and McBryde, each with its own character and price range.

Rental Home Trends in Fairlawn, VA

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