
Cheap Homes for Rent in Downtown Blacksburg Neighborhood of Blacksburg, VA from $800 (11 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Blacksburg area of Blacksburg.


311 Loudon Rd

1706 Boxwood Dr, Unit B

401 Marlington St

440 Marlington St
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

902 Brightwood Manor Dr

870 Newport Terrace

508 Nellies Cave Rd

408-416 Harding Ave

241 Pheasant Run Dr
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.

1215 Progress 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 | $1,570 | $1,195 | $1,950 |
| Downtown Blacksburg 3 Bedroom Homes for Rent | $2,218 | $800 | $2,950 |
| Downtown Blacksburg 4 Bedroom Homes for Rent | $2,333 | $1,700 | $5,250 |
Browse Homes for Rent in this Neighborhood
There are currently 11 rentals with your search options within a 2 mile radius of the Downtown Blacksburg Neighborhood of Blacksburg, VA.
Explore Blacksburg
Cheapest Available Downtown Blacksburg Apartments for Rent
 The cheapest available apartment rental in the Downtown Blacksburg area of Blacksburg, VA is a 2 Beds unit found at Legacy on Main priced from $580. 1711 Apartments has the second lowest priced unit, which is a 4 Beds apartment currently listed from $595. Here are the most affordable Downtown Blacksburg apartments for rent in Blacksburg, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Legacy on Main | 2-Bedroom | 2BR,2BA | $580 |
| 1711 Apartments | 1711 Whipple Drive|Renovated Apartment | 4BR,2BA | $595 |
| 709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $670 |
| 300 McDonald Street Apartments | 300 McDonald Street Apartments | Individual Lea... | 2BR,1BA | $840 |
| Hearthstone | 120 E Hearthstone | 1BR,1BA | $900 |
Best Value Apartments for Rent in Downtown Blacksburg, VA
As of July 08, 2026 the best value apartment in the Downtown Blacksburg area is the $0.68 price per square foot Thornberry 4x4 Model at Brexx at Blacksburg in the in the Downtown Blacksburg neighborhood starting from $1,149. The second greatest value Downtown Blacksburg apartment is the THD4 Furnished Model at Union Blacksburg starting at $1,185 with a $0.73 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. |
|---|---|---|---|
| Brexx at Blacksburg | Thornberry 4x4 | 4BR,4BA | $0.68 |
| Union Blacksburg | THD4 Furnished | 4BR,4BA | $0.73 |
| 1711 Apartments | 1711 Whipple Drive|Renovated Apartment | 4BR,2BA | $0.51 |
| Terrace View | 3Ax1.5 T2 | 3BR,1.5BA | $0.82 |
| Ridgewood Village | 3A | 3BR,1BA | $1.41 |
| 105 Tee St | 3x1.5 Townhome | 3BR,1.5BA | $1.45 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1.06 |
| 1203 University Ter, Unit I | 1203 University Ter | 4BR,2BA | $1.84 |
| Apartment Heights | 1 Bedroom | 1BR,1BA | $1.51 |
| East Roanoke Street | 3-Bedroom | 3BR,1BA | $0.96 |
Frequently Asked Questions about Downtown Blacksburg
What type of rentals are currently available in Downtown Blacksburg?
There are currently 150 Apartments for Rent in Downtown Blacksburg, VA with pricing that ranges from $562 to $4,000. There are also 54 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Blacksburg ranging from $800 to $5,250.
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 $800 to $5,250 with an average monthly rent of $2,040.
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 $660 to $2,975, while Three Bedroom Homes, Condos, and Townhomes for rent range from $800 to $2,950. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $562.
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

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.