Cheap Homes for Rent in Downtown Blacksburg Neighborhood of Blacksburg, VA from $500 (5 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Blacksburg area of Blacksburg.

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.

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.

Downtown Blacksburg, Blacksburg, VA Local Guide

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 ListingModel NameBed/BathPriced From
709/711 Giles709-711 Giles Road - Individual Lease3BR,2BA$670
208 Wharton StTownhome - IL Lease4BR,2BA$740
Chasewood Apartments1BR1BR,1BA$1,000

Best Value Apartments for Rent in Downtown Blacksburg, VA

As of July 30, 2025 the best value apartment in the Downtown Blacksburg area is the $1.68 price per square foot 3 Bedroom Model at The Flats in the in the Downtown Blacksburg neighborhood starting from $2,500. 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 ListingModel NameBed/BathPrice Per Sq.Ft.
The Flats3 Bedroom3BR,2BA$1.68
The Retreat at BlacksburgBirchmore 2x2.52BR,2.5BA$0.99
900 Palmer Dr, Unit 900 Palmer900 Palmer Dr2BR,1BA$1.27
Fieldstone Apartments - Income Limits ApplyBluefield2BR,2BA$0.96
Apartment Heights2 Bedrooms Townhome2BR,1BA$1.20
The Landing at Stonegate2x2 Furnished - Apartment2BR,2BA$1.00
Stonegate and Carlton Scott ApartmentsS2-R2BR,1BA$0.73
801 S Main St2BR/1.5BA2BR,1.5BA$1.78
300 McDonald Street Apartments2BR/1BA2BR,1BA$1.87
Maple Ridge Townhomes2 Bedroom Luxury2BR,1.5BA$1.23

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Frequently Asked Questions about Downtown Blacksburg

What type of rentals are currently available in Downtown Blacksburg?

There are currently 140 Apartments for Rent in Downtown Blacksburg, VA with pricing that ranges from $670 to $3,800. There are also 31 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Blacksburg ranging from $525 to $3,600.

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 $525 to $3,600 with an average monthly rent of $1,770.

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 $2,814, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,200 to $2,800. Four Bedroom Single-Family rentals are also available starting from $1,800 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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Written by: Christine Leonard, Esq.

Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.

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Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

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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.

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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.