
Cheap Apartments for Rent in the University Airport Neighborhood of Blacksburg, VA from $400 (85 Rentals)
Search the lowest-cost Apartments available for rent right now in the University Airport area of Blacksburg.


709/711 Giles

300 McDonald Street Apartments

110 Northview Dr

Chasewood Apartments

Hearthstone

1003 Giles Rd

Lantern Ridge Apartments

Shawnee Apartments

405 Marlington St
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.

720 Roanoke St E

315 Reynolds Ave

Total Monthly Price
Apartment Heights

Total Monthly Price
Ridgewood Village

Total Monthly Price
Windsor Hills Apartments

Hub Blacksburg

Cedarfield Apartments

Creekside

316 Reynolds Ave

613 Dehart St
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.

207 Broce Dr

Cedar Pointe Apartments

Total Monthly Price
Foxridge Apartment Homes

The Reserve at Knollwood

Pack Place Apartments

213 Landsdowne St

250 S Main St, Unit 407

UT - 1215-G

129 Huntington Ln

Sundance Ridge
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.

Jefferson Apartments

208 Wharton St

Grissom Lane Apartments

1720 Patrick Henry Dr

400 Green St

1003 Giles Rd

1310 N Main St

315 Landsdowne St

501 Sunridge Dr

509 Sunridge Dr
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.

1406 University City Blvd

507 Sunridge Dr

317 Owens St

Willow Creek Blacksburg

Terpence Apartments

1284 Harding Rd

1017 Montgomery St

900 Progress St NW

1000 Progress St NW

309 Loudon Rd
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.
University Airport, Blacksburg, VA Local Guide

How much does it cost to rent an apartment in University Airport?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Airport Studio Apartments | $1,344 | $700 | $1,937 |
| University Airport 1 Bedroom Apartments | $1,362 | $900 | $1,877 |
| University Airport 2 Bedroom Apartments | $1,489 | $580 | $2,215 |
| University Airport 3 Bedroom Apartments | $1,837 | $660 | $2,922 |
| University Airport 4 Bedroom Apartments | $1,593 | $1,005 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 85 rentals with your search options within a 2 mile radius of the University Airport Neighborhood of Blacksburg, VA.
See all Apartments in BlacksburgExplore Blacksburg
University Airport, Blacksburg, VA Local Guide
- Nearby Blacksburg neighborhoods
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
Cheapest Available University Airport Apartments for Rent
 The cheapest available apartment rental in the University Airport area of Blacksburg, VA is a 1 Bed unit found at UT - 1215-G priced from $400. Legacy on Main has the second lowest priced unit, which is a 2 Beds apartment currently listed from $580. Here are the most affordable University Airport apartments for rent in Blacksburg, VA:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| UT - 1215-G | 1BR/2.0BA | 1BR,2BA | $400 |
| Legacy on Main | 2-Bedroom | 2BR,2BA | $580 |
| 709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $670 |
| Hearthstone | 120 E Hearthstone | 1BR,1BA | $900 |
| Chasewood Apartments | 1BR | 1BR,1BA | $1,080 |
| Apartment Heights | 1 Bedroom | 1BR,1BA | $1,130 |
| Fourteen35 Apartments | Available for the 2026-2027 Lease Term! | 2BR,2BA | $1,255 |
| Ridgewood Village | 3A | 3BR,1BA | $1,464 |
| Pack Place Apartments | 2x1 - Non Renovated | 2BR,1BA | $1,495 |
| The Odyssey | 2 Beds, 2 baths | 2BR,2BA | $1,640 |
Best Value Apartments for Rent in University Airport, VA
As of August 15, 2026 the best value apartment in the University Airport area is the $0.98 price per square foot 4 Bedroom, 2 Bathroom Model at 1708 Grayland St in the in the Downtown Blacksburg neighborhood starting from $1,650. The second greatest value University Airport apartment is the 4 Bedroom Luxury w/Cathedral Ceilings Model at Collegiate Suites of Blacksburg starting at $999 with a $0.76 price per square foot in the Downtown Blacksburg neighborhood. Here is today’s list of the best values for University Airport apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| 1708 Grayland St | 4 Bedroom, 2 Bathroom | 4BR,2BA | $0.98 |
| Collegiate Suites of Blacksburg | 4 Bedroom Luxury w/Cathedral Ceilings | 4BR,4BA | $0.76 |
| Apartment Heights | 3 Bedrooms Townhome | 3BR,1.5BA | $1.65 |
| Ridgewood Village | 3A | 3BR,1BA | $1.33 |
| The Odyssey | 2 Beds, 2 baths | 2BR,2BA | $1.54 |
| 1282 N Main St, Unit #3 | 1282 N Main St | 3BR,2BA | $1.80 |
| 1203 University Ter, Unit I | 1203 University Ter | 4BR,2BA | $1.84 |
| UT - 1215-G | 1BR/2.0BA | 1BR,2BA | $0.43 |
| Stonegate and Carlton Scott Apartments | C2-R | 2BR,1BA | $0.84 |
| Fourteen35 Apartments | Available for the 2026-2027 Lease Term! | 2BR,2BA | $1.45 |
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 LifestyleUniversity Airport, Blacksburg, VA
Ranked #2
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.5Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals in areas across the United States including University Airport, Blacksburg, and the greater Blacksburg area. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including rankings of the best places for proximity to parks, luxury amenities, pet-friendly features, features that make it easier to raise kids, proximity to transit, and more. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap University Airport Apartments
What is the price of a cheap apartment in University Airport?
The cheapest apartment in University Airport is UT - 1215-G which is listed at $400, while the average apartment in University Airport costs $1,350.
What types of apartments are the cheapest in University Airport?
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 18 regular apartments in University Airport 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 University Airport?
Cheap apartments in University Airport have an average cost of $1,229 which is $121 cheaper than the average rent for all rentals in University Airport.
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.

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.

Renters Insurance 101: What It Is, What It Covers, and Why You Need It
Written by: Robin Stewart
Insurance seems to be a part of life. In some states, having insurance is the law, as is the case for automobile insurance. Renters are no exception.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.