Cheap Apartments for Rent in the Alleghany Neighborhood of Blacksburg, VA from $600 (11 Rentals)

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Search the lowest-cost Apartments available for rent right now in the Alleghany area of Blacksburg.

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Jefferson Apartments
1 to 3 Bedroom Apartments

Jefferson Apartments

614 Washington St SEBlacksburg, VA 24060
  • Utilities Included
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Terpence Apartments
2 to 3 Bedroom Apartments

Terpence Apartments

617 Lee StBlacksburg, VA 24060
Student Housing
  • Utilities Included

Alleghany, Blacksburg, VA Local Guide

Cheapest Available Alleghany Apartments for Rent

 

The cheapest available apartment rental in the Alleghany area of Blacksburg, VA is a 3 Beds unit found at 709/711 Giles priced from $670. 208 Wharton St has the second lowest priced unit, which is a 4 Beds apartment currently listed from $740. Here are the most affordable Alleghany apartments for rent in Blacksburg, VA:

Apartment ListingModel NameBed/BathPriced From
709/711 Giles709-711 Giles Road - Individual Lease3BR,2BA$670
208 Wharton StTownhome - IL Lease4BR,2BA$740
Lantern Ridge ApartmentsOne Bedroom Units1BR,1BA$1,024
Chasewood Apartments1BR1BR,1BA$1,080
Fieldstone FamilyBluefield2BR,2BA$1,081

Best Value Apartments for Rent in Alleghany, VA

As of November 11, 2025 the best value apartment in the Alleghany area is the $0.75 price per square foot 4 Bedroom Luxury Model at Collegiate Suites of Blacksburg in the in the Downtown Blacksburg neighborhood starting from $990. The second greatest value Alleghany apartment is the 4 Bed 2 Bath Model at 1711 Apartments starting at $1,940 with a $1.49 price per square foot in the Downtown Blacksburg neighborhood. Here is today’s list of the best values for Alleghany apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Collegiate Suites of Blacksburg4 Bedroom Luxury4BR,4BA$0.75
1711 Apartments4 Bed 2 Bath4BR,2BA$1.49
Fieldstone FamilyBluefield2BR,2BA$1.02
Apartment Heights2 Bedrooms Townhome2BR,1BA$1.20
1005 Montgomery St, Unit A1005 Montgomery St3BR,1BA$1.50
The Landing at Stonegate2x2 Furnished - Apartment2BR,2BA$1.00
Stonegate and Carlton Scott ApartmentsS2-R2BR,1BA$0.73
300 McDonald Street Apartments2BR/1BA2BR,1BA$1.87
Maple Ridge Townhomes2 Bedroom Luxury2BR,1.5BA$1.24
East Roanoke Street3-Bedroom3BR,1BA$1.03

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Pet Friendly Lifestyle
Alleghany, Blacksburg, VA

Ranked #4

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Getting Around the Alleghany Neighborhood in Blacksburg, VA

Walk Score®

10 / 100

Car-Dependent

Almost all errands require a car

Bike Score®

31 / 100

Somewhat Bikeable

Minimal bike infrastructure

Transit Score®

17 / 100

Minimal Transit

It may be possible to get on a bus

Frequently Asked Questions about Cheap Alleghany Apartments

What is the price of a cheap apartment in Alleghany?

The cheapest apartment in Alleghany is Lantern Ridge Apartments which is listed at $1,024, while the average apartment in Alleghany costs $1,645.

What types of apartments are the cheapest in Alleghany?

Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 78 regular apartments in Alleghany that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.

How do the prices of cheap apartments compare to the average apartment in Alleghany?

Cheap apartments in Alleghany have an average cost of $1,143 which is $502 cheaper than the average rent for all rentals in Alleghany.

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 Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate! 

decorative image for The Rental Move-In Inspection Checklist: A Guide for Renters article

The Rental Move-In Inspection Checklist: A Guide for Renters

Written by: Trey Huguley

The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

decorative image for Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between article

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Written by: Christine Leonard, Esq.

For many people, obstacles can arise during the rental application process for a variety of issues.