
Cheap Homes for Rent in Downtown Blacksburg Neighborhood of Blacksburg, VA from $400 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Blacksburg area of Blacksburg.


1470 Seneca Dr

947 Lora Ln

419 New Kent Rd
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.

202 Huntington Ln

402 Berryfield Ln, Unit J - Large Bedroom

114 Lucas Dr

940 McBryde Dr
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.
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 | $1,680 | $990 | $2,200 |
| Downtown Blacksburg 3 Bedroom Homes for Rent | $2,291 | $720 | $2,800 |
| Downtown Blacksburg 4 Bedroom Homes for Rent | $2,216 | $700 | $3,200 |
| Downtown Blacksburg 6 Bedroom Homes for Rent | $5,100 | $5,100 | $5,100 |
Browse Homes for Rent in this Neighborhood
There are currently 8 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 |
Best Value Apartments for Rent in Downtown Blacksburg, VA
As of December 31, 2025 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 | $1.02 |
| 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.
Pet Friendly LifestyleDowntown Blacksburg, Blacksburg, VA
Ranked #3
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 154 Apartments for Rent in Downtown Blacksburg, VA with pricing that ranges from $485 to $4,140. There are also 49 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Blacksburg ranging from $450 to $5,100.
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 $450 to $5,100 with an average monthly rent of $2,392.
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 $565 to $3,155, while Three Bedroom Homes, Condos, and Townhomes for rent range from $720 to $2,800. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $485.
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!