
Cheap Apartments for Rent in the Downtown Blacksburg Neighborhood of Blacksburg, VA from $400 (55 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Blacksburg area of Blacksburg.


709/711 Giles

300 McDonald Street Apartments

Chasewood Apartments

Hearthstone

Lantern Ridge Apartments

Shawnee Apartments

Total Monthly Price
Apartment Heights

Total Monthly Price
Fieldstone Family

212-214 Ellett Rd
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.

Windsor Hills Apartments

Total Monthly Price
Hub Blacksburg

Total Monthly Price
1102 Airport Rd, Unit 1102 Airport Rd

Total Monthly Price
Ridgewood Village

Cedarfield Apartments

The Farm

Foxridge Apartment Homes

Creekside

Cedar Pointe Apartments

401 Marlington St
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.

The Reserve at Knollwood

Total Monthly Price
Smiths Landing Apartments

Pack Place Apartments

207 Wharton St SE

213 Landsdowne St

Sundance Ridge

213 Uptown Trl

204 Uptown Trl

122 Clover Valley Cir

100 Hoopers Ln
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.

Jefferson Apartments

208 Wharton St

Grissom Lane Apartments

1720 Patrick Henry Dr

1804 Staniel Dr

400 Green St

1310 N Main St

Willow Creek Blacksburg

Terpence Apartments

1017 Montgomery St
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.

204 Broce Dr

900 #3 Brightwood Manor Dr

311 Loudon Rd

436 Marlington St

Blacksburg Homestay Village

Shenandoah Townhomes

Cascade Pointe

1201-1207 North Main

733 Progress St NE

Bennett Hill
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.
Downtown Blacksburg, Blacksburg, VA Local Guide

How much does it cost to rent an apartment in Downtown Blacksburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Blacksburg Studio Apartments | $1,483 | $830 | $1,875 |
| Downtown Blacksburg 1 Bedroom Apartments | $1,344 | $900 | $1,875 |
| Downtown Blacksburg 2 Bedroom Apartments | $1,486 | $840 | $2,416 |
| Downtown Blacksburg 3 Bedroom Apartments | $1,779 | $670 | $2,975 |
| Downtown Blacksburg 4 Bedroom Apartments | $1,359 | $485 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 55 rentals with your search options within a 2 mile radius of the Downtown Blacksburg Neighborhood of Blacksburg, VA.
See all Apartments in BlacksburgExplore Blacksburg
Downtown Blacksburg, Blacksburg, VA Local Guide
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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. 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1711 Apartments | Available Now - Spacious 4 Bedroom 2 Bathroom A... | 4BR,2BA | $485 |
| 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 |
| Apartment Heights | 1 Bedroom | 1BR,1BA | $1,130 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1,131 |
| Brexx at Blacksburg | Milledge 4x4.5 | 4BR,4BA | $1,159 |
| Ridgewood Village | 3A | 3BR,1BA | $1,439 |
Best Value Apartments for Rent in Downtown Blacksburg, VA
As of June 12, 2026 the best value apartment in the Downtown Blacksburg area is the $0.68 price per square foot Thornberry 4x4 Model at Brexx at Blacksburg in the in the Downtown Blacksburg neighborhood starting from $1,149. The second greatest value Downtown Blacksburg 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 Downtown Blacksburg apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Brexx at Blacksburg | Thornberry 4x4 | 4BR,4BA | $0.68 |
| 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 |
| Terrace View | 3Ax1.5 T2 | 3BR,1.5BA | $0.77 |
| Ridgewood Village | 3A | 3BR,1BA | $1.31 |
| 105 Tee St | 3x1.5 Townhome | 3BR,1.5BA | $1.45 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1.06 |
| East Roanoke Street | 3-Bedroom | 3BR,1BA | $1.00 |
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.
Read ArticleQuick 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.
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 $1,646.
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 23 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 $1,156 which is $490 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

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

Creative Ways Developers Reimagine Retail Spaces as Residential Units
Written by: Robin Stewart
Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.