Cheap Apartments for Rent in the Downtown Blacksburg Neighborhood of Blacksburg, VA from $300 (44 Rentals)

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

property at 1205 S Main St

$550

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$550

Total Monthly Price
$550

1 Bedroom, 1 Bath Home for Rent

Available May 1

1205 S Main St

BlacksburgVA24060
property at 411 Laurence Ln

$625

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$625

Total Monthly Price
$625

1 Bedroom, 2.5 Bath Townhome for Rent

Available Jun 1

411 Laurence Ln

BlacksburgVA24060
property at 202 Huntington Ln

$850

Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$850

Total Monthly Price
$850

4 Bedroom, 3.5 Bath Townhome for Rent

Available Aug 1

202 Huntington Ln

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.

property at 1310 N Main St

$1,125

Total Monthly Price

Total Monthly Price

Base Rent
$1,125

Total Monthly Price
$1,125

1 Bedroom, 1 Bath Home for Rent

Available Aug 9

1310 N Main St

BlacksburgVA24060
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Apartment Heights
$1,130 - $1,980
Total Monthly Price12 Month Lease Term

Total Monthly Price

Base Rent
$1,130 - $1,980

Total Monthly Price
$1,130 - $1,980
1 to 3 Bedroom Apartments Available Jun 11

Apartment Heights

309 Apartment Heights DrBlacksburg, VA 24060
Student Housing
  • Verified
  • Customer Reviewed
  • Utilities Included

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.

property at 212-214 Ellett Rd

$1,295

Total Monthly Price

Total Monthly Price

Base Rent
$1,295

Total Monthly Price
$1,295

2 Bedroom, 1 Bath Home for Rent

Available Aug 18

212-214 Ellett Rd

BlacksburgVA24060

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.

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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
property at 202 Bennett St

$860

Total Monthly Price

Total Monthly Price

Base Rent
$860

Total Monthly Price
$860

1 Bedroom, 1 Bath Home for Rent

Available Now

202 Bennett St

BlacksburgVA24060
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1310 N Main St
1 to 4 Bedroom Apartments

1310 N Main St

1310 N Main StBlacksburg, VA 24060

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Terpence Apartments
2 to 3 Bedroom Apartments

Terpence Apartments

617 Lee StBlacksburg, VA 24060
Student Housing
  • Utilities Included
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1017 Montgomery St
2 Bedroom Apartments

1017 Montgomery St

1017 Montgomery StBlacksburg, VA 24060
Student Housing
property at 204 Broce Dr

$1,175

Total Monthly Price

Total Monthly Price

Base Rent
$1,175

Total Monthly Price
$1,175

2 Bedroom, 1 Bath Home for Rent

Available Jul 28

204 Broce Dr

BlacksburgVA24060
property at 909 Montgomery St

$1,200

Total Monthly Price

Total Monthly Price

Base Rent
$1,200

Total Monthly Price
$1,200

2 Bedroom, 1 Bath Condo for Rent

Available Jul 27

909 Montgomery St

BlacksburgVA24060
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Shenandoah Townhomes
3 Bedroom Apartments

Shenandoah Townhomes

315 Shenandoah CirBlacksburg, VA 24060
  • Utilities Included
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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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Cascade Pointe
1 to 4 Bedroom Apartments

Cascade Pointe

1790 Liberty LnBlacksburg, VA 24060
  • Utilities Included

Smart Renter's Guide: Calculating Affordable Rent & Housing Costs

Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

property at 1800 Whipple Dr

$1,300

Total Monthly Price

Total Monthly Price

Base Rent
$1,300

Total Monthly Price
$1,300

2 Bedroom, 1 Bath Home for Rent

Available May 1

1800 Whipple Dr

BlacksburgVA24060
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1201-1207 North Main
2 to 4 Bedroom Apartments

1201-1207 North Main

1201 N Main StBlacksburg, VA 24060
Student Housing

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 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 Downtown Blacksburg apartments for rent in Blacksburg, VA:

Apartment ListingModel NameBed/BathPriced From
1711 ApartmentsAvailable Now - Spacious 4 Bedroom 2 Bathroom A...4BR,2BA$485
203-209 Tee StreetTee Street Apartments | Individual Lease | 08/1...3BR,2BA$565
709/711 Giles709-711 Giles Road - Individual Lease3BR,2BA$670
300 McDonald Street Apartments300 McDonald Street Apartments | Individual Lea...2BR,1BA$840
Hearthstone120 E Hearthstone1BR,1BA$900
Lantern Ridge ApartmentsOne Bedroom Units1BR,1BA$1,024
Fieldstone FamilyBluefield2BR,2BA$1,131
Brexx at BlacksburgMilledge 4x4.54BR,4BA$1,159
Bennett Hill1 Bed, 1 bath1BR,1BA$1,350
Chasewood ApartmentsSaratoga opt. Balcony/patio2BR,1BA$1,350

Best Value Apartments for Rent in Downtown Blacksburg, VA

As of April 28, 2026 the best value apartment in the Downtown Blacksburg area is the $0.85 price per square foot 4 Bedroom, 4 Bathroom Model at 1007 Chateau St Blacksburg in the in the Downtown Blacksburg neighborhood starting from $3,195. The second greatest value Downtown Blacksburg apartment is the The Flats At Uptown 3 Bedroom Condo *Short-Term... Model at The Flats starting at $2,050 with a $1.37 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.
1007 Chateau St Blacksburg4 Bedroom, 4 Bathroom4BR,4BA$0.85
The FlatsThe Flats At Uptown 3 Bedroom Condo *Short-Term...3BR,2BA$1.37
Cedarfield Apartments3 Bedroom Townhome3BR,2.5BA$1.31
Fourteen35 ApartmentsFourteen35 4th Floor | 4 Bed 4 Bath | Available...4BR,4BA$0.68
Brexx at BlacksburgBirchmore 2x2.52BR,2.5BA$1.08
1711 ApartmentsAvailable Now - Renovated Apartment with a Wash...4BR,2BA$0.48
Ridgewood Village3A3BR,1BA$1.42
Fieldstone FamilyBluefield2BR,2BA$1.06
203-209 Tee StreetTee Street Apartments | Individual Lease | 08/1...3BR,2BA$0.67
Maple Ridge Townhomes2 Bedroom Luxury2BR,1.5BA$1.27

10 Hidden Costs of Renting You Should Budget for Before Signing a Lease

Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.

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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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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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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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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

What is the price of a cheap apartment in Downtown Blacksburg?

The cheapest apartment in Downtown Blacksburg is Hearthstone which is listed at $900, while the average apartment in Downtown Blacksburg costs $1,649.

What types of apartments are the cheapest in Downtown Blacksburg?

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 65 regular apartments in Downtown Blacksburg 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 Downtown Blacksburg?

Cheap apartments in Downtown Blacksburg have an average cost of $1,172 which is $477 cheaper than the average rent for all rentals in Downtown Blacksburg.

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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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.

decorative image for What Does “Rent Burdened” Mean? How Much Rent Is Too Much article

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.

decorative image for Maximizing Your Refund: Essential Tax Tips for Renters article

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.

decorative image for 18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property article

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.