
Cheap Apartments for Rent in the Downtown Eastside Neighborhood of Blacksburg, VA from $600 (27 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Eastside area of Blacksburg.


1210 University Terrace, Unit F

709/711 Giles

300 McDonald Street Apartments

Hearthstone

1310 N Main 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.

Total Monthly Price
Apartment Heights

Windsor Hills Apartments

Bennett Hill

Creekside

Total Monthly Price
415 Piedmont St, Unit 2, Unit 2

Total Monthly Price
1006 Willard Dr, Unit Fully furnished apartment, Unit Fully furnished apartment
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.

Jefferson Apartments

208 Wharton St

202 Bennett St

1310 N Main St

Terpence Apartments

1017 Montgomery St
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.

204 Broce Dr

909 Montgomery St

400 Green St

Shenandoah Townhomes

1201-1207 North Main

733 Progress St NE
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.

Clover Valley- Raines

408-416 Harding Ave

801 S Main St
Downtown Eastside, Blacksburg, VA Local Guide

How much does it cost to rent an apartment in Downtown Eastside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Eastside Studio Apartments | $1,615 | $1,210 | $2,020 |
| Downtown Eastside 1 Bedroom Apartments | $1,351 | $900 | $2,130 |
| Downtown Eastside 2 Bedroom Apartments | $1,431 | $840 | $2,416 |
| Downtown Eastside 3 Bedroom Apartments | $1,788 | $670 | $2,906 |
| Downtown Eastside 4 Bedroom Apartments | $1,698 | $1,010 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 27 rentals with your search options within a 1 mile radius of the Downtown Eastside Neighborhood of Blacksburg, VA.
See all Apartments in BlacksburgExplore Blacksburg
Downtown Eastside, Blacksburg, VA Local Guide
- Nearby Blacksburg neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available Downtown Eastside Apartments for Rent
 The cheapest available apartment rental in the Downtown Eastside area of Blacksburg, VA is a 3 Beds unit found at 709/711 Giles priced from $670. 300 McDonald Street Apartments has the second lowest priced unit, which is a 2 Beds apartment currently listed from $840. Here are the most affordable Downtown Eastside 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 |
| 300 McDonald Street Apartments | 300 McDonald Street Apartments | Individual Lea... | 2BR,1BA | $840 |
| Hearthstone | 120 E Hearthstone | 1BR,1BA | $900 |
| Bennett Hill | 1 Bed, 1 bath | 1BR,1BA | $1,350 |
| Creekside | 1BR/1.0BA | 1BR,1BA | $1,440 |
| Hilltop | 2BR/2BA | 2BR,2BA | $1,845 |
| 1007 Chateau St Blacksburg | 4 Bedroom, 4 Bathroom | 4BR,4BA | $3,195 |
Best Value Apartments for Rent in Downtown Eastside, VA
As of April 30, 2026 the best value apartment in the Downtown Eastside area is the $0.84 price per square foot 4 Bedroom, 4 Bathroom Model at 1007 Chateau St Blacksburg in the in the Downtown Blacksburg neighborhood starting from $3,175. The second greatest value Downtown Eastside apartment is the 1205 University Ter Model at 1205 University Ter, Unit F starting at $1,850 with a $1.85 price per square foot in the Downtown Blacksburg neighborhood. Here is today’s list of the best values for Downtown Eastside apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1007 Chateau St Blacksburg | 4 Bedroom, 4 Bathroom | 4BR,4BA | $0.84 |
| 1205 University Ter, Unit F | 1205 University Ter | 4BR,2BA | $1.85 |
| 1203 University Ter, Unit I | 1203 University Ter | 4BR,2BA | $1.89 |
| Hilltop | 2BR/2BA | 2BR,2BA | $2.25 |
| 300 McDonald Street Apartments | 300 McDonald | 2 bedroom | 2BR,1BA | $1.99 |
| Creekside | 1BR/1.0BA | 1BR,1BA | $2.11 |
| 709/711 Giles | 709-711 Giles Road | 2BR,2BA | $2.12 |
10 Hidden Costs of Renting You Should Budget for Before Signing a Lease
Avoid financial stress when renting. Learn about the 10 most common hidden costs—from pet fees to utilities—you must budget for before you sign a lease.
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 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 Eastside, Blacksburg, VA
Ranked #18
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet Friendly
Frequently Asked Questions about Cheap Downtown Eastside Apartments
What is the price of a cheap apartment in Downtown Eastside?
The cheapest apartment in Downtown Eastside is Hearthstone which is listed at $900, while the average apartment in Downtown Eastside costs $3,750.
What types of apartments are the cheapest in Downtown Eastside?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 3 regular apartments in Downtown Eastside that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Eastside?
Cheap apartments in Downtown Eastside have an average cost of $744 which is $3,006 cheaper than the average rent for all rentals in Downtown Eastside.
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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.