
Cheap Apartments for Rent in the Downtown Blacksburg Neighborhood of Blacksburg, VA from $400 (17 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
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.

Lantern Ridge Apartments

The Mill at Blacksburg

Shawnee Apartments

Apartment Heights

Sundance Ridge
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.

Jefferson Apartments

208 Wharton St

Grissom Lane Apartments

1720 Patrick Henry Dr

1310 N Main St
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.

Willow Creek Blacksburg

Terpence Apartments
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 | $1,549 | $830 | $2,157 |
| Downtown Blacksburg 1 Bedroom Apartments | $1,450 | $1,024 | $1,950 |
| Downtown Blacksburg 2 Bedroom Apartments | $1,321 | $795 | $2,423 |
| Downtown Blacksburg 3 Bedroom Apartments | $1,466 | $565 | $3,155 |
| Downtown Blacksburg 4 Bedroom Apartments | $1,435 | $485 | $4,140 |
Browse Apartments in this Neighborhood
There are currently 17 rentals with your search options within a 2 mile radius of the Downtown Blacksburg Neighborhood of Blacksburg, VA.
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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. 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 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 | 3 Bed, 1 Bath ... | 3BR,1BA | $675 |
| Lantern Ridge Apartments | One Bedroom Units | 1BR,1BA | $1,024 |
Best Value Apartments for Rent in Downtown Blacksburg, VA
As of January 06, 2026 the best value apartment in the Downtown Blacksburg area is the $0.68 price per square foot Fourteen35 4th Floor | 4 Bed 4 Bath | Available... Model at Fourteen35 Apartments in the in the Downtown Blacksburg neighborhood starting from $975. The second greatest value Downtown Blacksburg apartment is the Birchmore 2x2.5 Model at Brexx at Blacksburg starting at $1,375 with a $1.08 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. |
|---|---|---|---|
| Fourteen35 Apartments | Fourteen35 4th Floor | 4 Bed 4 Bath | Available... | 4BR,4BA | $0.68 |
| Brexx at Blacksburg | Birchmore 2x2.5 | 2BR,2.5BA | $1.08 |
| 105 Tee St | 3x1.5 Townhome | 3BR,1.5BA | $1.45 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1.06 |
| Apartment Heights | 2 Bedrooms Townhome | 2BR,1BA | $1.20 |
| The Landing at Stonegate | Available for the 2026-2027 lease term | 2BR,2BA | $1.10 |
| Stonegate and Carlton Scott Apartments | S2-R | 2BR,1BA | $0.73 |
| Haven - Blacksburg | B1 - 2 Bed x 2 Bath | 2BR,2BA | $1.35 |
| Maple Ridge Townhomes | 2 Bedroom Luxury | 2BR,1.5BA | $1.24 |
| East Roanoke Street | 3-Bedroom | 3BR,1BA | $1.03 |
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 ArticleThe 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.
Read ArticleCash 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.
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 $1,635.
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 100 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 $1,133 which is $502 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 to Make Your Apartment Holiday-Ready: Renter-Friendly Tips
Written by: Justin Habersaat
Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!