
Cheap Homes for Rent in University Airport Neighborhood of Blacksburg, VA from $500 (8 Rentals)
Search the lowest-cost Homes available for rent right now in the University Airport area of Blacksburg.


1210 University Terrace, Unit F

202 Bennett St

204 Broce 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.

1747 Donlee Dr

1400 University City Blvd

904 Brightwood Manor Dr, Unit #12, Unit #12

1725 Donlee Dr
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 a home in University Airport?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| University Airport 2 Bedroom Homes for Rent | $1,509 | $1,195 | $1,850 |
| University Airport 3 Bedroom Homes for Rent | $2,164 | $1,500 | $2,995 |
| University Airport 4 Bedroom Homes for Rent | $2,345 | $1,700 | $3,200 |
| University Airport 5 Bedroom Homes for Rent | $2,866 | $2,200 | $3,625 |
Browse Homes for Rent in this Neighborhood
There are currently 8 rentals with your search options within a 2 mile radius of the University Airport Neighborhood of Blacksburg, VA.
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University Airport, Blacksburg, VA Local Guide
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Cheapest Available University Airport Apartments for Rent
 The cheapest available apartment rental in the University Airport 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 University Airport 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 University Airport, VA
As of May 07, 2026 the best value apartment in the University Airport 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 University Airport apartment is the 3 Bedroom Townhome Model at Cedarfield Apartments starting at $1,895 with a $1.31 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. |
|---|---|---|---|
| 1007 Chateau St Blacksburg | 4 Bedroom, 4 Bathroom | 4BR,4BA | $0.84 |
| Cedarfield Apartments | 3 Bedroom Townhome | 3BR,2.5BA | $1.31 |
| Fourteen35 Apartments | Fourteen35 4th Floor | 4 Bed 4 Bath | Available... | 4BR,4BA | $0.68 |
| Brexx at Blacksburg | Birchmore 2x2.5 | 2BR,2.5BA | $1.08 |
| Ridgewood Village | 3A | 3BR,1BA | $1.38 |
| 1205 University Ter, Unit F | 1205 University Ter | 4BR,2BA | $1.85 |
| 1203 University Ter, Unit I | 1203 University Ter | 4BR,2BA | $1.89 |
| Highlands at Huckleberry Ridge | The Isle | 1BR,1BA | $1.95 |
| East Roanoke Street | 1 bedroom | 1BR,1BA | $1.25 |
| Lantern Ridge Apartments | One Bedroom Units | 1BR,1BA | $1.91 |
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 #4
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Frequently Asked Questions about University Airport
What type of rentals are currently available in University Airport?
There are currently 124 Apartments for Rent in University Airport, VA with pricing that ranges from $670 to $4,000. There are also 52 Single Family Homes for rent, Condos, and Townhome rentals currently available in University Airport ranging from $550 to $3,625.
What is the current price range for Rental Homes in University Airport?
Today's rental pricing for Homes for Rent, Condos and Townhomes in University Airport ranges from $550 to $3,625 with an average monthly rent of $1,961.
How much are larger Three and Four Bedroom Rentals in University Airport?
For those who are looking for larger living arrangements, Three Bedroom Apartments in University Airport range from $670 to $2,975, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,500 to $2,995. Four Bedroom Single-Family rentals are also available starting from $1,700 and Four Bedroom Apartments start at $1,045.
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

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.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.