
Cheap Apartments for Rent in the Alleghany Neighborhood of Blacksburg, VA from $400 (32 Rentals)
Search the lowest-cost Apartments available for rent right now in the Alleghany area of Blacksburg.


709/711 Giles

300 McDonald Street Apartments

Chasewood Apartments

Hearthstone

Lantern Ridge Apartments

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Hub Blacksburg

Shawnee Apartments
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

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Apartment Heights

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Fieldstone Family

Windsor Hills Apartments

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1102 Airport Rd, Unit 1102 Airport Rd, Unit 1102 Airport Rd

Total Monthly Price
Ridgewood Village

Cedarfield Apartments

Bennett Hill

Creekside
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Cedar Pointe Apartments

The Reserve at Knollwood

105 Tee St

Vue Apartments

712 Roanoke St E

The Odyssey

207 Wharton St SE

Hilltop
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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1203 University Ter, Unit I, Unit I

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1282 N Main St, Unit #3, Unit #3

Jefferson Apartments

Terpence Apartments

801 S Main St

315 Sunset Blvd

2630 Blossom Trail E

504 Cedar Orchard Dr W
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
Alleghany, Blacksburg, VA Local Guide

How much does it cost to rent an apartment in Alleghany?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Alleghany Studio Apartments | $1,493 | $830 | $2,080 |
| Alleghany 1 Bedroom Apartments | $1,304 | $900 | $2,080 |
| Alleghany 2 Bedroom Apartments | $1,464 | $840 | $2,416 |
| Alleghany 3 Bedroom Apartments | $1,729 | $565 | $3,180 |
| Alleghany 4 Bedroom Apartments | $1,535 | $485 | $4,165 |
Browse Apartments in this Neighborhood
There are currently 32 rentals with your search options within a 2 mile radius of the Alleghany Neighborhood of Blacksburg, VA.
See all Apartments in BlacksburgExplore Blacksburg
Alleghany, Blacksburg, VA Local Guide
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Cheapest Available Alleghany Apartments for Rent
 The cheapest available apartment rental in the Alleghany area of Blacksburg, VA is a 4 Beds unit found at 1711 Apartments priced from $485. 203-209 Tee Street has the second lowest priced unit, which is a 3 Beds apartment currently listed from $565. Here are the most affordable Alleghany apartments for rent in Blacksburg, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1711 Apartments | Available Now - Spacious 4 Bedroom 2 Bathroom A... | 4BR,2BA | $485 |
| 203-209 Tee Street | Tee Street Apartments | Individual Lease | 08/1... | 3BR,2BA | $565 |
| 709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $670 |
| 300 McDonald Street Apartments | 300 McDonald Street Apartments | Individual Lea... | 2BR,1BA | $840 |
| Hearthstone | 120 E Hearthstone | 1BR,1BA | $900 |
| Lantern Ridge Apartments | One Bedroom Units | 1BR,1BA | $1,024 |
| Chasewood Apartments | 1BR | 1BR,1BA | $1,080 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1,131 |
| Bennett Hill | 1 Bed, 1 bath | 1BR,1BA | $1,350 |
| Creekside | 1BR/1.0BA | 1BR,1BA | $1,440 |
Best Value Apartments for Rent in Alleghany, VA
As of May 25, 2026 the best value apartment in the Alleghany area is the $0.84 price per square foot 4 Bedroom, 4 Bathroom Model at 1007 Chateau St Blacksburg in the in the Downtown Blacksburg neighborhood starting from $3,175. The second greatest value Alleghany apartment is the THD4 Furnished Model at Union Blacksburg starting at $1,185 with a $0.73 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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1007 Chateau St Blacksburg | 4 Bedroom, 4 Bathroom | 4BR,4BA | $0.84 |
| Union Blacksburg | THD4 Furnished | 4BR,4BA | $0.73 |
| Cedarfield Apartments | 3 Bedroom Townhome | 3BR,2.5BA | $1.31 |
| Fourteen35 Apartments | Fourteen35 4th Floor | 4 Bed 4 Bath | Available... | 4BR,4BA | $0.68 |
| 1711 Apartments | Available Now - Renovated Apartment with a Wash... | 4BR,2BA | $0.48 |
| Ridgewood Village | 3A | 3BR,1BA | $1.39 |
| 105 Tee St | 3x1.5 Townhome | 3BR,1.5BA | $1.45 |
| Collegiate Suites of Blacksburg | 4/2 - Hunters Ridge | 4BR,2BA | $0.86 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1.06 |
| 203-209 Tee Street | Tee Street Apartments | Individual Lease | 08/1... | 3BR,2BA | $0.67 |
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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How much rent can you afford?
The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
Pet Friendly LifestyleAlleghany, Blacksburg, VA
Ranked #6
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Cheap Alleghany Apartments
What is the price of a cheap apartment in Alleghany?
The cheapest apartment in Alleghany is Hearthstone which is listed at $900, while the average apartment in Alleghany costs $3,750.
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 18 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 $1,105 which is $2,645 cheaper than the average rent for all rentals in Alleghany.
Expert Rental Resources
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.
Articles, How-To's, and Tips

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.