Cheap Homes for Rent in Blacksburg, VA from $500 (54 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 133 Clover Valley Cir
$500

Total Monthly Price

Base Rent$500

Total Monthly Price$500
12 Month Lease Term
4 Bedroom, 2.5 Bath Townhome for Rent
Available Now
Affordability

133 Clover Valley Cir

BlacksburgVA24060
property at 1210 University Ter
$525 - $2,000

Total Monthly Price

Base Rent$525 - $2,000

Total Monthly Price$525 - $2,000
12 Month Lease Term
4 Bedroom, 2 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

1210 University Ter

BlacksburgVA24060
property at 4201 Prices Fork Rd
$575

Total Monthly Price

Base Rent$575

Total Monthly Price$575
1 Bedroom, 1 Bath Home for Rent
Available Jun 25, 2027
Affordability

4201 Prices Fork Rd

BlacksburgVA24060
property at 209 Pheasant Run Dr
$625

Total Monthly Price

Base Rent$625

Total Monthly Price$625
1 Bedroom, 2.5 Bath Townhome for Rent
Available Now
Affordability

209 Pheasant Run Dr

BlacksburgVA24060
property at 2011 Coneflower Ln
$670

Total Monthly Price

Base Rent$670

Total Monthly Price$670
12 Month Lease Term
3 Bedroom, 2.5 Bath Townhome for Rent
Available Now

2011 Coneflower Ln

BlacksburgVA24060
  • Smoke Free
property at 703 York Dr
$725

Total Monthly Price

Base Rent$725

Total Monthly Price$725
12 Month Lease Term
3 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

703 York Dr

BlacksburgVA24060
property at 4098 Pandapas Pond Rd
$900

Total Monthly Price

Base Rent$900

Total Monthly Price$900
2 Bedroom, 2 Bath Home for Rent
Available Jun 30, 2027
Affordability

4098 Pandapas Pond Rd

BlacksburgVA24060
property at 315 Landsdowne St
$1,015

Total Monthly Price

Base Rent$1,015

Total Monthly Price$1,015
1 Bedroom, 1 Bath Home for Rent
Available Jul 14, 2027
Affordability

315 Landsdowne St

BlacksburgVA24060
property at 969 Nellies Cave Rd
$1,015

Total Monthly Price

Base Rent$1,015

Total Monthly Price$1,015
3 Bedroom, 2 Bath Home for Rent
Available Jul 15, 2027
Cost Per Sq.Ft.

969 Nellies Cave Rd

BlacksburgVA24060
property at 503 Sunridge Dr
$1,035

Total Monthly Price

Base Rent$1,035

Total Monthly Price$1,035
Studio, 1 Bath Home for Rent
Available Jul 30, 2027
Affordability

503 Sunridge Dr

BlacksburgVA24060

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 509 Sunridge Dr
$1,035

Total Monthly Price

Base Rent$1,035

Total Monthly Price$1,035
1 Bedroom, 1 Bath Home for Rent
Available Jun 24, 2027
Affordability

509 Sunridge Dr

BlacksburgVA24060
property at 501 Sunridge Dr
$1,035

Total Monthly Price

Base Rent$1,035

Total Monthly Price$1,035
1 Bedroom, 1 Bath Home for Rent
Available Jun 24, 2027
Affordability

501 Sunridge Dr

BlacksburgVA24060
property at 509L Sundance Rdg
$1,035

Total Monthly Price

Base Rent$1,035

Total Monthly Price$1,035
Studio, 1 Bath Home for Rent
Available Jul 30, 2027
Affordability

509L Sundance Rdg

BlacksburgVA24060
property at 512 Fairview Ave
$1,065

Total Monthly Price

Base Rent$1,065

Total Monthly Price$1,065
2 Bedroom, 1 Bath Home for Rent
Available Jun 25, 2027
Affordability

512 Fairview Ave

BlacksburgVA24060
property at 317 Owens St
$1,090

Total Monthly Price

Base Rent$1,090

Total Monthly Price$1,090
2 Bedroom, 1 Bath Condo for Rent
Available Now
Affordability

317 Owens St

BlacksburgVA24060
property at 821 Montgomery St
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
1 Bedroom, 1 Bath Home for Rent
Available Jul 29, 2027
Affordability

821 Montgomery St

BlacksburgVA24060
property at 60 Cedarwood Dr
$1,100

Total Monthly Price

Base Rent$1,100

Total Monthly Price$1,100
2 Bedroom, 1 Bath Home for Rent
Available Jun 3, 2027
Cost Per Sq.Ft.

60 Cedarwood Dr

ChristiansburgVA24073
property at 1284 Harding Rd
$1,145

Total Monthly Price

Base Rent$1,145

Total Monthly Price$1,145
12 Month Lease Term
1 Bedroom, 1 Bath Home for Rent
Available Aug 13, 2027
Affordability

1284 Harding Rd

BlacksburgVA24060
property at 2913 Walls Branch Rd
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
2 Bedroom, 1 Bath Home for Rent
Available Aug 13, 2027
Affordability

2913 Walls Branch Rd

BlacksburgVA24060
property at 2911 Walls Branch Rd
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
2 Bedroom, 1 Bath Home for Rent
Available Aug 13, 2027
Affordability

2911 Walls Branch Rd

BlacksburgVA24060

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

property at 2882 Walls Branch Rd
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Jul 23, 2027
Affordability

2882 Walls Branch Rd

BlacksburgVA24060
property at 2884 Walls Branch Rd
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Jul 23, 2027
Affordability

2884 Walls Branch Rd

BlacksburgVA24060
property at 2863 Walls Branch Rd
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
2 Bedroom, 1 Bath Home for Rent
Available Aug 13, 2027
Affordability

2863 Walls Branch Rd

BlacksburgVA24060
property at 2865 Walls Branch Rd
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
2 Bedroom, 1 Bath Home for Rent
Available Aug 13, 2027
Affordability

2865 Walls Branch Rd

BlacksburgVA24060
property at 1402 University City Blvd
$1,150

Total Monthly Price

Base Rent$1,150

Total Monthly Price$1,150
1 Bedroom, 1 Bath Home for Rent
Available Jul 30, 2027
Affordability

1402 University City Blvd

BlacksburgVA24060
property at 900 Progress St NW
$1,195

Total Monthly Price

Base Rent$1,195

Total Monthly Price$1,195
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Aug 6, 2027
Affordability

900 Progress St NW

BlacksburgVA24060
property at 276 Jennelle Rd
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
2 Bedroom, 1 Bath Townhome for Rent
Available Aug 20, 2027
Affordability

276 Jennelle Rd

ChristiansburgVA24073
property at 1646 Thomas Ln
$1,200

Total Monthly Price

Base Rent$1,200

Total Monthly Price$1,200
2 Bedroom, 1 Bath Home for Rent
Available Jul 2, 2027
Affordability

1646 Thomas Ln

BlacksburgVA24060
property at 106 Lucas Dr
$1,225

Total Monthly Price

Base Rent$1,225

Total Monthly Price$1,225
2 Bedroom, 1 Bath Home for Rent
Available Jul 27, 2027
Affordability

106 Lucas Dr

BlacksburgVA24060
property at 215 Freestone Dr
$1,245

Total Monthly Price

Base Rent$1,245

Total Monthly Price$1,245
12 Month Lease Term
3 Bedroom, 1.5 Bath Home for Rent
Available Jul 28, 2027
Affordability

215 Freestone Dr

ChristiansburgVA24073

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Finding the right apartment starts with three things: location, cost, and amenities. Get the insider perspective from a real estate professional on how to nail all three.

property at 1400 University City Blvd
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
1 Bedroom, 1 Bath Home for Rent
Available Jul 30, 2027
Affordability

1400 University City Blvd

BlacksburgVA24060
property at 1514-1516 Sandy Cir
$1,250

Total Monthly Price

Base Rent$1,250

Total Monthly Price$1,250
2 Bedroom, 1 Bath Townhome for Rent
Available Jun 11, 2027
Affordability

1514-1516 Sandy Cir

BlacksburgVA24060
property at 920 Country Acres Rd
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
2 Bedroom, 1 Bath Home for Rent
Available Jul 2, 2027
Affordability

920 Country Acres Rd

BlacksburgVA24060
property at 904 Brightwood Manor Dr
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
2 Bedroom, 1 Bath Home for Rent
Available Jul 28, 2027
Affordability

904 Brightwood Manor Dr

BlacksburgVA24060
property at 1781 Liberty Ln
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
2 Bedroom, 1 Bath Home for Rent
Available Jul 23, 2027
Affordability

1781 Liberty Ln

BlacksburgVA24060
property at 1661 Mt Tabor Rd
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
2 Bedroom, 1 Bath Home for Rent
Available Jul 9, 2027
Affordability

1661 Mt Tabor Rd

BlacksburgVA24060
property at 900 Brightwood Manor Dr
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
2 Bedroom, 1 Bath Home for Rent
Available Jul 23, 2027
Affordability

900 Brightwood Manor Dr

BlacksburgVA24060
property at 307 Loudon Rd
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Jul 23, 2027
Affordability

307 Loudon Rd

BlacksburgVA24060
property at 922 Country Acres Rd
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
2 Bedroom, 1 Bath Home for Rent
Available Jul 2, 2027
Affordability

922 Country Acres Rd

BlacksburgVA24060

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.

property at 380 New Kent Rd
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
2 Bedroom, 1 Bath Home for Rent
Available Jul 23, 2027
Affordability

380 New Kent Rd

BlacksburgVA24060
property at 1663 Mt Tabor Rd
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
2 Bedroom, 1 Bath Home for Rent
Available Jul 9, 2027
Affordability

1663 Mt Tabor Rd

BlacksburgVA24060
property at 309 Loudon Rd
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Jul 23, 2027
Affordability

309 Loudon Rd

BlacksburgVA24060
property at 370 New Kent Rd
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
2 Bedroom Rentals
Available Aug 20, 2027
Affordability

370 New Kent Rd

BlacksburgVA24060
property at 1730 Liberty Ln
$1,275 - $1,850

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
2 To 3 Bedroom Rentals
Available Jul 23, 2027
Affordability

1730 Liberty Ln

BlacksburgVA24060
property at 311 Loudon Rd
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
2 Bedroom Rentals
Available Jul 23, 2027
Affordability

311 Loudon Rd

BlacksburgVA24060
property at 909 Montgomery St NW
$1,295

Total Monthly Price

Base Rent$1,295

Total Monthly Price$1,295
3 Bedroom, 1 Bath Home for Rent
Available Aug 6, 2027
Affordability

909 Montgomery St NW

BlacksburgVA24060
property at 436 Marlington St
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
2 Bedroom, 1 Bath Home for Rent
Available Jul 30, 2027

436 Marlington St

BlacksburgVA24060
property at 620 Roanoke St E
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
12 Month Lease Term
3 Bedroom, 1 Bath Home for Rent
Available Now

620 Roanoke St E

BlacksburgVA24060
property at 1503 Sandy Cir
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
12 Month Lease Term
3 Bedroom, 2 Bath Home for Rent
Available Aug 6, 2027

1503 Sandy Cir

BlacksburgVA24060

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.

Blacksburg, VA Local Guide

Cheapest Neighborhoods for Apartments in Blacksburg, VA

Pricing Updated: 09/08/2026

Current apartment rentals in the Blacksburg, VA area range in price from $580 to $4,000 with an overall median price of $1,326. The three Blacksburg neighborhoods with the lowest median rent pricing are Miller Southside at $1,125, Mountain View at $1,125, and Grissom Highland at $1,244. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Blacksburg Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Miller Southside$1,125$5802
Mountain View$1,125$5802
Grissom Highland$1,244$5806
Alleghany$1,294$1,1255
Apperson Dickerson$1,300$67023
Downtown Eastside$1,300$67019
Main Patrick Henry$1,300$62532
Shenandoah$1,300$62527
Tom's Creek$1,312$83027
Glade/Westover$1,317$62536

Cheapest Available Blacksburg Apartments for Rent

 

The cheapest available apartment rental in Blacksburg, VA is a 3 Beds unit found at Legacy on Main in the Downtown Blacksburg neighborhood priced from $660. 709/711 Giles in the Downtown Blacksburg neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $670. Here is today’s list of the most affordable Blacksburg apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Legacy on Main3-Bedroom3BR,2BA$660
709/711 Giles709-711 Giles Road - Individual Lease3BR,2BA$670
Wellesley - 28044BR/2.0BA4BR,2BA$695
Ridgeview Apartments0BR/1.0BAStudio,1BA$810
Fourteen35 Apartments4BR/4.0BA4BR,4BA$965
Lantern Ridge ApartmentsOne Bedroom Units1BR,1BA$1,024
Chasewood Apartments1BR1BR,1BA$1,080
Apartment Heights1 Bedroom1BR,1BA$1,130
Fieldstone FamilyBluefield2BR,2BA$1,131
Brexx at BlacksburgMilledge 4x4.54BR,4BA$1,210

Best Value Apartments for Rent in Blacksburg, VA

As of September 08, 2026 the best value apartment in the Blacksburg area is the $0.81 price per square foot 4x4 + Model at Hub Blacksburg in the in the Downtown Blacksburg neighborhood starting from $1,259. The second greatest value Blacksburg apartment is the 4 Bedroom Luxury Model at Maple Ridge Townhomes starting at $949 with a $0.63 price per square foot in the Downtown Blacksburg neighborhood. Here is today’s list of the best values for Blacksburg apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Hub Blacksburg4x4 +4BR,4BA$0.81
Maple Ridge Townhomes4 Bedroom Luxury4BR,2BA$0.63
Clover Valley Phase II4BR/2.5BA4BR,2.5BA$0.64
Fourteen35 ApartmentsAvailable for the 2026-2027 lease term!4BR,4BA$0.69
Park37Walker Creek4BR,4BA$0.67
Brexx at BlacksburgMilledge 3x33BR,3BA$0.98
Collegiate Suites of Blacksburg4 Bedroom Luxury w/Cathedral Ceilings4BR,4BA$0.76
Terrace View3x3 Tier 13BR,3BA$0.95
Fieldstone FamilyBluefield2BR,2BA$1.06
Stonegate and Carlton Scott ApartmentsC2-R2BR,1BA$0.84

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 Article
Decorative image

Navigating the Rental Market: Tips for First-Time Renters

Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

Read Article

Real 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 Article
Decorative image

Quick 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.

decorative image of people with a giant lease agreement

Remember the 3 Rules of Real Estate:
Location, Location, Location!

Explore Blacksburg, VA Rentals by Map

View Map
Blacksburg, VA Apartments Map
View Map
Blacksburg, VA Rental Homes Map

Frequently Asked Questions about Blacksburg

What type of rentals are currently available in Blacksburg?

There are currently 182 Apartments for Rent in Blacksburg, VA with pricing that ranges from $580 to $4,000. There are also 413 Single Family Homes for rent, Condos, and Townhome rentals currently available in Blacksburg ranging from $500 to $5,250.

What is the current price range for Rental Homes in Blacksburg?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Blacksburg ranges from $500 to $5,250 with an average monthly rent of $2,110.

How much are larger Three and Four Bedroom Rentals in Blacksburg?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Blacksburg range from $660 to $2,963, while Three Bedroom Homes, Condos, and Townhomes for rent range from $725 to $4,500. Four Bedroom Single-Family rentals are also available starting from $500 and Four Bedroom Apartments start at $625.

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

decorative image for Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.

decorative image for First Apartment Regrets: Real Renters Share What They'd Do Differently article

First Apartment Regrets: Real Renters Share What They'd Do Differently

Written by: Robin Stewart

Hindsight is 20/20. Live and Learn. With age comes wisdom. We’re familiar with all those expressions, and all of them apply to lessons first-time renters learn.