Cheap Homes for Rent in Blacksburg, VA from $500 (10 Rentals)

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

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.

Blacksburg, VA Local Guide

Cheapest Neighborhoods for Apartments in Blacksburg, VA

Pricing Updated: 07/24/2025

Current apartment rentals in the Blacksburg, VA area range in price from $670 to $3,800 with an overall median price of $1,610. The three Blacksburg neighborhoods with the lowest median rent pricing are Downtown Blacksburg at $670, Grissom Highland at $670, and Miller Southside at $670. Here is today’s list of the top 10 neighborhoods with the lowest median pricing for Blacksburg Apartments for rent:

NeighborhoodMedian PriceMin PriceAvailable Units
Downtown Blacksburg$1,405$67098
Grissom Highland$1,405$67079
Miller Southside$1,405$670100
University$1,405$67084
University Airport$1,405$67088
Alleghany$1,430$67074
Mountain View$1,430$67095
Hethwood Prices Fork$1,565$67084
Kabrich Crescent$1,565$67092
Main Patrick Henry$1,565$67071

Cheapest Available Blacksburg Apartments for Rent

 

The cheapest available apartment rental in Blacksburg, VA is a 3 Beds unit found at 709/711 Giles in the Downtown Blacksburg neighborhood priced from $670. 208 Wharton St in the Downtown Blacksburg neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $740. Here is today’s list of the most affordable Blacksburg apartments for rent:

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 Blacksburg, VA

As of July 24, 2025 the best value apartment in the Blacksburg area is the $0.99 price per square foot Birchmore 2x2.5 Model at The Retreat at Blacksburg in the in the Downtown Blacksburg neighborhood starting from $1,255. The second greatest value Blacksburg apartment is the Monroe Model at The Adams at Peppers Ferry starting at $1,855 with a $1.61 price per square foot in the Farmview/Ramble 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.
The Retreat at BlacksburgBirchmore 2x2.52BR,2.5BA$0.99
The Adams at Peppers FerryMonroe2BR,2BA$1.61
Ridgewood Village3A3BR,1BA$1.41
Ridgeview Apartments3BR/1BA3BR,1BA$1.18
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
300 McDonald Street Apartments3BR/1BA-Individual Lease3BR,1BA$0.75
Maple Ridge Townhomes2 Bedroom Luxury2BR,1.5BA$1.23

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Frequently Asked Questions about Blacksburg

What type of rentals are currently available in Blacksburg?

There are currently 156 Apartments for Rent in Blacksburg, VA with pricing that ranges from $670 to $3,800. There are also 46 Single Family Homes for rent, Condos, and Townhome rentals currently available in Blacksburg ranging from $525 to $4,200.

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 $525 to $4,200 with an average monthly rent of $2,218.

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 $670 to $2,822, 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 $1,750 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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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.

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The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.