
Cheap Homes for Rent in Blacksburg, VA from $500 (54 Rentals)
Search the lowest-cost Homes available for rent right now in Blacksburg.


1210 University Ter

4201 Prices Fork Rd

209 Pheasant Run Dr

2011 Coneflower Ln

703 York Dr

4098 Pandapas Pond Rd

315 Landsdowne St

969 Nellies Cave Rd

503 Sunridge Dr
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.

509 Sunridge Dr

501 Sunridge Dr

509L Sundance Rdg

512 Fairview Ave

317 Owens St

821 Montgomery St

60 Cedarwood Dr

1284 Harding Rd

2913 Walls Branch Rd

2911 Walls Branch Rd
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.

2882 Walls Branch Rd

2884 Walls Branch Rd

2863 Walls Branch Rd

2865 Walls Branch Rd

1402 University City Blvd

900 Progress St NW

276 Jennelle Rd

1646 Thomas Ln

106 Lucas Dr

215 Freestone Dr
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.

1400 University City Blvd

1706 Boxwood Dr, Unit B

1514-1516 Sandy Cir

920 Country Acres Rd

904 Brightwood Manor Dr

1781 Liberty Ln

1661 Mt Tabor Rd

900 Brightwood Manor Dr

307 Loudon Rd

922 Country Acres Rd
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.

380 New Kent Rd

1663 Mt Tabor Rd

309 Loudon Rd

370 New Kent Rd

1730 Liberty Ln

311 Loudon Rd

909 Montgomery St NW

436 Marlington St

620 Roanoke St E

1503 Sandy Cir
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

How much does it cost to rent a home in Blacksburg?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Blacksburg 2 Bedroom Homes for Rent | $1,478 | $900 | $2,300 |
| Blacksburg 3 Bedroom Homes for Rent | $1,952 | $725 | $4,500 |
| Blacksburg 4 Bedroom Homes for Rent | $2,331 | $500 | $5,250 |
| Blacksburg 5 Bedroom Homes for Rent | $2,743 | $1,850 | $3,400 |
| Blacksburg 6 Bedroom Homes for Rent | $3,000 | $3,000 | $3,000 |
Browse Top Homes for Rent in Blacksburg
Explore Blacksburg
Blacksburg, VA Local Guide
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Cheapest Neighborhoods for Apartments in Blacksburg, VA
Pricing Updated: 09/08/2026Current 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:
| Neighborhood | Median Price | Min Price | Available Units |
|---|---|---|---|
| Miller Southside | $1,125 | $580 | 2 |
| Mountain View | $1,125 | $580 | 2 |
| Grissom Highland | $1,244 | $580 | 6 |
| Alleghany | $1,294 | $1,125 | 5 |
| Apperson Dickerson | $1,300 | $670 | 23 |
| Downtown Eastside | $1,300 | $670 | 19 |
| Main Patrick Henry | $1,300 | $625 | 32 |
| Shenandoah | $1,300 | $625 | 27 |
| Tom's Creek | $1,312 | $830 | 27 |
| Glade/Westover | $1,317 | $625 | 36 |
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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Legacy on Main | 3-Bedroom | 3BR,2BA | $660 |
| 709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $670 |
| Wellesley - 2804 | 4BR/2.0BA | 4BR,2BA | $695 |
| Ridgeview Apartments | 0BR/1.0BA | Studio,1BA | $810 |
| Fourteen35 Apartments | 4BR/4.0BA | 4BR,4BA | $965 |
| Lantern Ridge Apartments | One Bedroom Units | 1BR,1BA | $1,024 |
| Chasewood Apartments | 1BR | 1BR,1BA | $1,080 |
| Apartment Heights | 1 Bedroom | 1BR,1BA | $1,130 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1,131 |
| Brexx at Blacksburg | Milledge 4x4.5 | 4BR,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 Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Hub Blacksburg | 4x4 + | 4BR,4BA | $0.81 |
| Maple Ridge Townhomes | 4 Bedroom Luxury | 4BR,2BA | $0.63 |
| Clover Valley Phase II | 4BR/2.5BA | 4BR,2.5BA | $0.64 |
| Fourteen35 Apartments | Available for the 2026-2027 lease term! | 4BR,4BA | $0.69 |
| Park37 | Walker Creek | 4BR,4BA | $0.67 |
| Brexx at Blacksburg | Milledge 3x3 | 3BR,3BA | $0.98 |
| Collegiate Suites of Blacksburg | 4 Bedroom Luxury w/Cathedral Ceilings | 4BR,4BA | $0.76 |
| Terrace View | 3x3 Tier 1 | 3BR,3BA | $0.95 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1.06 |
| Stonegate and Carlton Scott Apartments | C2-R | 2BR,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 ArticleNavigating 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 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.
Remember the 3 Rules of Real Estate:Location, Location, Location!
Explore Blacksburg, VA Rentals by Map
See the most popular apartments and homes in Blacksburg, VA
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

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.

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.

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.

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.