
Cheap Homes for Rent in Downtown Eastside Neighborhood of Blacksburg, VA from $1,100 (6 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Eastside area of Blacksburg.


1316 Henry Ln

408-416 Harding Ave
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.

505 #2 Green St

1215 Progress St NW

1208 University Terrace
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.
Downtown Eastside, Blacksburg, VA Local Guide

How much does it cost to rent a home in Downtown Eastside?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Downtown Eastside 2 Bedroom Homes for Rent | $1,398 | $1,195 | $1,600 |
| Downtown Eastside 3 Bedroom Homes for Rent | $2,503 | $2,195 | $2,995 |
| Downtown Eastside 4 Bedroom Homes for Rent | $2,492 | $1,700 | $5,250 |
Browse Homes for Rent in this Neighborhood
There are currently 6 rentals with your search options within a 1 mile radius of the Downtown Eastside Neighborhood of Blacksburg, VA.
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Downtown Eastside, Blacksburg, VA Local Guide
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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 |
Best Value Apartments for Rent in Downtown Eastside, VA
As of May 31, 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 1203 University Ter Model at 1203 University Ter, Unit I starting at $1,850 with a $1.89 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 |
| 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 |
| East Roanoke Street | 3-Bedroom | 3BR,1BA | $1.00 |
| Creekside | 1BR/1.0BA | 1BR,1BA | $2.11 |
| 709/711 Giles | 709-711 Giles Road | 2BR,2BA | $2.12 |
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 ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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 Downtown Eastside
What type of rentals are currently available in Downtown Eastside?
There are currently 81 Apartments for Rent in Downtown Eastside, VA with pricing that ranges from $600 to $4,000. There are also 23 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Eastside ranging from $1,195 to $5,250.
What is the current price range for Rental Homes in Downtown Eastside?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Eastside ranges from $1,195 to $5,250 with an average monthly rent of $2,010.
How much are larger Three and Four Bedroom Rentals in Downtown Eastside?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Eastside range from $670 to $2,906, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,195 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $600.
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

Neighborhood and Market Insights: How to Choose the Right Area to Rent
Written by: Robin Stewart
Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.

A Seasoned Property Manager's Step-by-Step Guide to Getting Your Deposit Back
Written by: Lauren Harrington
I’m going to talk with you as a seasoned property manager and friend. So, let’s start with your security deposit. I want you to think about this guide as insider information. You deserve your deposit back.

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.