
Cheap Homes for Rent in Downtown Blacksburg Neighborhood of Blacksburg, VA from $500 (13 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Blacksburg area of Blacksburg.


1205 S Main St, Unit Off Dining Room

1470 Seneca Dr

846 Patrick Henry Dr

907 Giles Rd

202 Huntington Ln
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.

902 Brightwood Manor Dr

311 Loudon Rd

1608 Harding Rd

213 Landsdowne St

501 Sunridge Dr

913 Giles Rd
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.

1015 Montgomery St NW
Downtown Blacksburg, Blacksburg, VA Local Guide

How much does it cost to rent a home in Downtown Blacksburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Blacksburg 2 Bedroom Homes for Rent | $1,772 | $1,310 | $2,250 |
| Downtown Blacksburg 3 Bedroom Homes for Rent | $2,252 | $800 | $3,200 |
| Downtown Blacksburg 4 Bedroom Homes for Rent | $2,577 | $700 | $5,000 |
| Downtown Blacksburg 5 Bedroom Homes for Rent | $5,000 | $5,000 | $5,000 |
Browse Homes for Rent in this Neighborhood
There are currently 13 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 3 Beds unit found at 709/711 Giles priced from $670. 208 Wharton St has the second lowest priced unit, which is a 4 Beds apartment currently listed from $740. Here are the most affordable Downtown Blacksburg apartments for rent in Blacksburg, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $670 |
| 208 Wharton St | Townhome - IL Lease | 4BR,2BA | $740 |
| Lantern Ridge Apartments | One Bedroom Units | 1BR,1BA | $1,024 |
| Chasewood Apartments | 1BR | 1BR,1BA | $1,080 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1,081 |
Best Value Apartments for Rent in Downtown Blacksburg, VA
As of November 10, 2025 the best value apartment in the Downtown Blacksburg area is the $0.75 price per square foot 4 Bedroom Luxury Model at Collegiate Suites of Blacksburg in the in the Downtown Blacksburg neighborhood starting from $990. The second greatest value Downtown Blacksburg apartment is the 4 Bed 2 Bath Model at 1711 Apartments starting at $1,940 with a $1.49 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. |
|---|---|---|---|
| Collegiate Suites of Blacksburg | 4 Bedroom Luxury | 4BR,4BA | $0.75 |
| 1711 Apartments | 4 Bed 2 Bath | 4BR,2BA | $1.49 |
| Brexx at Blacksburg | Birchmore 2x2.5 | 2BR,2.5BA | $1.08 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1.02 |
| Apartment Heights | 2 Bedrooms Townhome | 2BR,1BA | $1.20 |
| 1005 Montgomery St, Unit A | 1005 Montgomery St | 3BR,1BA | $1.50 |
| The Landing at Stonegate | 2x2 Furnished - Apartment | 2BR,2BA | $1.00 |
| Stonegate and Carlton Scott Apartments | S2-R | 2BR,1BA | $0.73 |
| Maple Ridge Townhomes | 2 Bedroom Luxury | 2BR,1.5BA | $1.24 |
| East Roanoke Street | 3-Bedroom | 3BR,1BA | $1.03 |
Apartment Common Area Rules: What Renters Need to Know
From the lounge to the laundry room, understand your rights and responsibilities in shared apartment spaces. Get tips on pet rules, noise, and security.
Read ArticleDon'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 ArticleQuick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Blacksburg, Blacksburg, VA
Ranked #2
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about Downtown Blacksburg
What type of rentals are currently available in Downtown Blacksburg?
There are currently 151 Apartments for Rent in Downtown Blacksburg, VA with pricing that ranges from $670 to $4,140. There are also 62 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Blacksburg ranging from $500 to $5,000.
What is the current price range for Rental Homes in Downtown Blacksburg?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Blacksburg ranges from $500 to $5,000 with an average monthly rent of $2,556.
How much are larger Three and Four Bedroom Rentals in Downtown Blacksburg?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Blacksburg range from $670 to $3,155, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $3,200. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $740.
Expert Rental Resources
Helpful Apartment Articles, How-To's and Tips
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.

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!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.