
Cheap Homes for Rent in Downtown Blacksburg Neighborhood of Blacksburg, VA from $500 (5 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Blacksburg area of Blacksburg.


171 Clover Valley Cir
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.

1206 University Terrace

802 Claytor Square
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.

1400 Seneca Dr
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 3 Bedroom Homes for Rent | $2,191 | $1,575 | $2,800 |
Downtown Blacksburg 4 Bedroom Homes for Rent | $2,037 | $550 | $4,300 |
Browse Homes for Rent in this Neighborhood
There are currently 5 rentals with your search options within a 2 mile radius of the Downtown Blacksburg Neighborhood of Blacksburg, VA.
Explore 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 1 Bed unit found at Fieldstone Apartments - Income Limits Apply priced from $666. 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 |
---|---|---|---|
Fieldstone Apartments - Income Limits Apply | Preston (Independent Senior Living Age 55+) | 1BR,1BA | $666 |
709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $670 |
Hub Blacksburg | 2x2 E | 2BR,2BA | $915 |
Best Value Apartments for Rent in Downtown Blacksburg, VA
As of June 11, 2025 the best value apartment in the Downtown Blacksburg area is the $0.56 price per square foot Furnished Individual Lease Model at 1711 Apartments in the in the Downtown Blacksburg neighborhood starting from $735. The second greatest value Downtown Blacksburg apartment is the Birchmore 2x2.5 Model at The Retreat at Blacksburg starting at $1,255 with a $0.99 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. |
---|---|---|---|
1711 Apartments | Furnished Individual Lease | 4BR,2BA | $0.56 |
The Retreat at Blacksburg | Birchmore 2x2.5 | 2BR,2.5BA | $0.99 |
709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $0.62 |
Fieldstone Apartments - Income Limits Apply | Bluefield | 2BR,2BA | $1.02 |
Hub Blacksburg | 2x2 E | 2BR,2BA | $0.92 |
The Landing at Stonegate | 2x2 Furnished - Apartment | 2BR,2BA | $1.00 |
Stonegate and Carlton Scott Apartments | S2-R | 2BR,1BA | $0.73 |
Ridgewood Village | 2B | 2BR,1BA | $1.47 |
Maple Ridge Townhomes | 2 Bedroom Luxury | 2BR,1.5BA | $1.21 |
Apartment Heights | 1 Bedroom | 1BR,1BA | $1.47 |
Quick Rent Budget Calculator
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Frequently Asked Questions about Downtown Blacksburg
What type of rentals are currently available in Downtown Blacksburg?
There are currently 143 Apartments for Rent in Downtown Blacksburg, VA with pricing that ranges from $666 to $3,800. There are also 34 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Blacksburg ranging from $550 to $4,300.
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 $550 to $4,300 with an average monthly rent of $2,114.
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 $2,835, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,575 to $2,800. Four Bedroom Single-Family rentals are also available starting from $550 and Four Bedroom Apartments start at $785.
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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.