Cheap Apartments for Rent in the Downtown Blacksburg Neighborhood of Blacksburg, VA from $400 (66 Rentals)

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

property at 1210 University Ter
$525 - $2,000

Total Monthly Price

Base Rent$525 - $2,000

Total Monthly Price$525 - $2,000
12 Month Lease Term
4 Bedroom, 2 Bath Condo for Rent
Available Now
Affordability

1210 University Ter

BlacksburgVA24060
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Legacy on Main
$580 - $1,800

Total Monthly Price

Base Rent$580 - $1,800

Total Monthly Price$580 - $1,800
12 Month Lease Term
2 to 3 Bedroom Apartments Available Now

Legacy on Main

1307 S Main StBlacksburg, VA 24060
Affordability
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709/711 Giles
$670 - $2,010

Total Monthly Price

Base Rent$670 - $2,010

Total Monthly Price$670 - $2,010
12 Month Lease Term
2 to 3 Bedroom Apartments Available Now

709/711 Giles

709 Giles RdBlacksburg, VA 24060
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property at 703 York Dr
$675

Total Monthly Price

Base Rent$675

Total Monthly Price$675
12 Month Lease Term
3 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

703 York Dr

BlacksburgVA24060
property at 110 Northview Dr
$700 - $1,175

Total Monthly Price

Base Rent$700

Total Monthly Price$700
Studio To 2 Bedroom Rentals
Available Jul 30, 2027
Affordability

110 Northview Dr

BlacksburgVA24060
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Chasewood Apartments
$830 - $1,680

Total Monthly Price

Base Rent$830 - $1,680

Total Monthly Price$830 - $1,680
12 Month Lease Term
Studio to 3 Bedroom Apartments Contact Us For Availability

Chasewood Apartments

1304 University City BlvdBlacksburg, VA 24060
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property at 1003 Giles Rd
$910

Total Monthly Price

Base Rent$910

Total Monthly Price$910
2 Bedroom, 1 Bath Home for Rent
Available Now
Affordability

1003 Giles Rd

BlacksburgVA24060
property at 121 Hearthstone Dr
$975 - $995

Total Monthly Price

Base Rent$995

Total Monthly Price$995
2 Bedroom Rentals
Available Aug 10, 2027
Affordability

121 Hearthstone Dr

BlacksburgVA24060
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Lantern Ridge Apartments
$1,024 - $1,501

Total Monthly Price

Base Rent$1,024 - $1,501

Total Monthly Price$1,024 - $1,501
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Lantern Ridge Apartments

401 Fairfax RdBlacksburg, VA 24060
Student Housing
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  • Utilities Included

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

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Shawnee Apartments
$1,095 - $1,625

Total Monthly Price

Base Rent$1,095 - $1,625

Total Monthly Price$1,095 - $1,625
12 Month Lease Term
1 to 3 Bedroom Apartments Contact Us For Availability

Shawnee Apartments

1222 University City BlvdBlacksburg, VA 24060
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  • Utilities Included
property at 208 Broce Dr
$1,095 - $1,195

Total Monthly Price

Base Rent$1,095

Total Monthly Price$1,095
2 Bedroom Rentals
Available Jul 30, 2027
Affordability

208 Broce Dr

BlacksburgVA24060
property at 405 Marlington St
$1,050 - $1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom Rentals
Available Jun 15, 2027
Affordability

405 Marlington St

BlacksburgVA24060
property at 720 Roanoke St E
$1,125

Total Monthly Price

Base Rent$1,125

Total Monthly Price$1,125
2 Bedroom Rentals
Available Jun 24, 2027
Affordability

720 Roanoke St E

BlacksburgVA24060
property at 315 Reynolds Ave
$1,125 - $1,305

Total Monthly Price

Base Rent$1,125

Total Monthly Price$1,125
2 Bedroom Rentals
Available Aug 6, 2027
Affordability

315 Reynolds Ave

BlacksburgVA24060
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Apartment Heights
$1,130 - $1,980

Total Monthly Price

Base Rent$1,130 - $1,980

Total Monthly Price$1,130 - $1,980
12 Month Lease Term
1 to 3 Bedroom Apartments Available Now

Apartment Heights

309 Apartment Heights DrBlacksburg, VA 24060
Student Housing
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  • Utilities Included
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Fieldstone Family
Rent Specials
$1,131 - $1,291

Total Monthly Price

Base Rent$1,131 - $1,291

Total Monthly PriceVaries
2 to 3 Bedroom Apartments Available Now

Fieldstone Family

300 Fieldstone LnBlacksburg, VA 24060
Senior Living
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  • Utilities Included
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Ridgewood Village
$1,209 - $1,644

Total Monthly Price

Base Rent$1,200 - $1,635
Required Monthly Fees$9

Total Monthly Price$1,209 - $1,644
1 to 3 Bedroom Apartments Available Now

Ridgewood Village

400 Fairfax RdBlacksburg, VA 24060
Corporate Housing
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Windsor Hills Apartments
$1,236 - $2,963

Total Monthly Price

Base Rent$1,234 - $2,961
Required Monthly Fees$2

Total Monthly Price$1,236 - $2,963
Studio to 3 Bedroom Apartments Contact Us For Availability

Windsor Hills Apartments

200 Hampton CtBlacksburg, VA 24060
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property at 800 Orchard St
$1,245 - $1,295

Total Monthly Price

Base Rent$1,245

Total Monthly Price$1,245
1 Bedroom Rentals
Available Jul 21, 2027
Affordability

800 Orchard St

BlacksburgVA24060

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

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Hub Blacksburg
$1,259

Total Monthly Price

Base Rent$1,259

Total Monthly Price$1,259
11 Month Lease Term
4 Bedroom Apartments Available Now

Hub Blacksburg

1201 Snyder LnBlacksburg, VA 24060
Student Housing
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  • Customer Reviewed
  • Utilities Included
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UT - 1215-G
1 Bedroom Apartments

UT - 1215-G

1215 Progress St NWBlacksburg, VA 24060
property at 133 Clover Valley Cir
$500

Total Monthly Price

Base Rent$500

Total Monthly Price$500
12 Month Lease Term
4 Bedroom, 2.5 Bath Townhome for Rent
Available Now
Affordability

133 Clover Valley Cir

BlacksburgVA24060
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Sundance Ridge
Studio to 2 Bedroom Apartments

Sundance Ridge

501-509 Sunridge DrBlacksburg, VA 24060
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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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208 Wharton St
4 Bedroom Apartments

208 Wharton St

208 Wharton St SEBlacksburg, VA 24060
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1720 Patrick Henry Dr
Studio Apartments

1720 Patrick Henry Dr

1720 Patrick Henry DrBlacksburg, VA 24060
  • Utilities Included

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

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400 Green St
1 to 2 Bedroom Apartments

400 Green St

400 Green StBlacksburg, VA 24060
  • Utilities Included
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1003 Giles Rd
2 Bedroom Apartments

1003 Giles Rd

1003 Giles RdBlacksburg, VA 24060
Student Housing
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1310 N Main St
1 to 4 Bedroom Apartments

1310 N Main St

1310 N Main StBlacksburg, VA 24060
property at 969 Nellies Cave Rd
$1,015

Total Monthly Price

Base Rent$1,015

Total Monthly Price$1,015
3 Bedroom, 2 Bath Home for Rent
Available Jul 15, 2027
Cost Per Sq.Ft.

969 Nellies Cave Rd

BlacksburgVA24060
property at 315 Landsdowne St
$1,015

Total Monthly Price

Base Rent$1,015

Total Monthly Price$1,015
1 Bedroom, 1 Bath Home for Rent
Available Jul 14, 2027
Affordability

315 Landsdowne St

BlacksburgVA24060
property at 503 Sunridge Dr
$1,035

Total Monthly Price

Base Rent$1,035

Total Monthly Price$1,035
Studio, 1 Bath Home for Rent
Available Jul 30, 2027
Affordability

503 Sunridge Dr

BlacksburgVA24060
property at 509L Sundance Rdg
$1,035

Total Monthly Price

Base Rent$1,035

Total Monthly Price$1,035
Studio, 1 Bath Home for Rent
Available Jul 30, 2027
Affordability

509L Sundance Rdg

BlacksburgVA24060
property at 501 Sunridge Dr
$1,035

Total Monthly Price

Base Rent$1,035

Total Monthly Price$1,035
1 Bedroom, 1 Bath Home for Rent
Available Jun 24, 2027
Affordability

501 Sunridge Dr

BlacksburgVA24060
property at 509 Sunridge Dr
$1,035

Total Monthly Price

Base Rent$1,035

Total Monthly Price$1,035
1 Bedroom, 1 Bath Home for Rent
Available Jun 24, 2027
Affordability

509 Sunridge Dr

BlacksburgVA24060
property at 317 Owens St
$1,090

Total Monthly Price

Base Rent$1,090

Total Monthly Price$1,090
2 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

317 Owens St

BlacksburgVA24060

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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Terpence Apartments
2 to 3 Bedroom Apartments

Terpence Apartments

617 Lee StBlacksburg, VA 24060
Student Housing
  • Utilities Included
property at 821 Montgomery St
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
1 Bedroom, 1 Bath Home for Rent
Available Jul 29, 2027
Affordability

821 Montgomery St

BlacksburgVA24060
property at 1402 University City Blvd
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
1 Bedroom, 1 Bath Home for Rent
Available Jul 30, 2027
Affordability

1402 University City Blvd

BlacksburgVA24060
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1017 Montgomery St
2 Bedroom Apartments

1017 Montgomery St

1017 Montgomery StBlacksburg, VA 24060
Student Housing
property at 900 Progress St NW
$1,195

Total Monthly Price

Base Rent$1,195

Total Monthly Price$1,195
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Aug 6, 2027
Affordability

900 Progress St NW

BlacksburgVA24060
property at 106 Lucas Dr
$1,225

Total Monthly Price

Base Rent$1,225

Total Monthly Price$1,225
2 Bedroom, 1 Bath Home for Rent
Available Jul 27, 2027
Affordability

106 Lucas Dr

BlacksburgVA24060
property at 1400 University City Blvd
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
1 Bedroom, 1 Bath Home for Rent
Available Jul 30, 2027
Affordability

1400 University City Blvd

BlacksburgVA24060
property at 904 Brightwood Manor Dr
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
2 Bedroom, 1 Bath Home for Rent
Available Jul 28, 2027
Affordability

904 Brightwood Manor Dr

BlacksburgVA24060
property at 900 Brightwood Manor Dr
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
2 Bedroom, 1 Bath Home for Rent
Available Jul 23, 2027
Affordability

900 Brightwood Manor Dr

BlacksburgVA24060

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.

Downtown Blacksburg, Blacksburg, VA Local Guide

Cheapest Available Downtown Blacksburg Apartments for Rent

 

The cheapest available apartment rental in the Downtown Blacksburg area of Blacksburg, VA is a 3 Beds unit found at Legacy on Main priced from $660. 709/711 Giles has the second lowest priced unit, which is a 3 Beds apartment currently listed from $670. Here are the most affordable Downtown Blacksburg apartments for rent in Blacksburg, VA:

Apartment ListingModel NameBed/BathPriced From
Legacy on Main3-Bedroom3BR,2BA$660
709/711 Giles709-711 Giles Road - Individual Lease3BR,2BA$670
Fourteen35 Apartments4BR/4.0BA4BR,4BA$965
Lantern Ridge ApartmentsOne Bedroom Units1BR,1BA$1,024
Apartment Heights1 Bedroom1BR,1BA$1,130
Fieldstone FamilyBluefield2BR,2BA$1,131
Brexx at BlacksburgMilledge 4x4.54BR,4BA$1,189
Hub Blacksburg4x4 +4BR,4BA$1,259
The Mill at Blacksburg2 Bed 1 Bath2BR,1BA$1,270
CreeksideCreekside-1 Bed 1 Bath | All Utilities Included...1BR,1BA$1,445

Best Value Apartments for Rent in Downtown Blacksburg, VA

As of September 10, 2026 the best value apartment in the Downtown Blacksburg area is the $0.81 price per square foot 4x4 + Model at Hub Blacksburg in the in the Downtown Blacksburg neighborhood starting from $1,259. The second greatest value Downtown Blacksburg apartment is the 4 Bedroom Luxury Model at Maple Ridge Townhomes starting at $949 with a $0.63 price per square foot in the Downtown Blacksburg neighborhood. Here is today’s list of the best values for Downtown Blacksburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hub Blacksburg4x4 +4BR,4BA$0.81
Maple Ridge Townhomes4 Bedroom Luxury4BR,2BA$0.63
Fourteen35 ApartmentsAvailable for the 2026-2027 lease term!4BR,4BA$0.69
Brexx at BlacksburgMilledge 3x33BR,3BA$0.96
Collegiate Suites of Blacksburg4 Bedroom Luxury w/Cathedral Ceilings4BR,4BA$0.76
Terrace View3x3 Tier 13BR,3BA$0.95
105 Tee St3x1.5 Townhome3BR,1.5BA$1.45
Fieldstone FamilyBluefield2BR,2BA$1.06
The Odyssey2 Beds, 2 baths2BR,2BA$1.54
Stonegate and Carlton Scott ApartmentsC2-R2BR,1BA$0.84

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.

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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.

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Real 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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Quick Rent Budget Calculator

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.

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Lifestyle Ratings

ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of rentals in metropolitan areas across the United States, including Blacksburg. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, multifamily communities for the kids, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!

Frequently Asked Questions about Cheap Downtown Blacksburg Apartments

How much is rent for a Cheap One Bedroom Downtown Blacksburg Apartment?

The lowest price for a Cheap One Bedroom Downtown Blacksburg Apartment is $1,024 at Lantern Ridge Apartments.

What is the lowest price for a Cheap Two Bedroom Downtown Blacksburg Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Downtown Blacksburg is starting from $1,131 at Fieldstone Family.

What is the most affordable Downtown Blacksburg Three Bedroom Apartment?

The best deal on a cheap Downtown Blacksburg Three Bedroom Apartment rental is at Legacy on Main and starts from $660.

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

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Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

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Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

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Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

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First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.