Cheap Apartments for Rent in the University Neighborhood of Blacksburg, VA from $600 (25 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Blacksburg.

1470 Seneca Dr
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.

852 Patrick Henry Dr, Unit 852

Chasewood Apartments

400 Green St, Unit 400 Green 20A

402 Berryfield Ln, Unit J - Large Bedroom

Lantern Ridge Apartments

Shawnee Apartments

Apartment Heights

503 Sunridge Dr, Unit Sunridge apartments
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.

Windsor Hills Apartments

3306 Farmview Dr

852 Patrick Henry Dr
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.

907 Giles Rd
The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.
University, Blacksburg, VA Local Guide

How much does it cost to rent an apartment in University?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
University Studio Apartments | $1,565 | $790 | $2,004 |
University 1 Bedroom Apartments | $1,453 | $850 | $2,057 |
University 2 Bedroom Apartments | $1,381 | $765 | $2,501 |
University 3 Bedroom Apartments | $1,284 | $670 | $2,933 |
University 4 Bedroom Apartments | $1,302 | $740 | $3,920 |
Browse Apartments in this Neighborhood
There are currently 25 rentals with your search options within a 2 mile radius of the University Neighborhood of Blacksburg, VA.
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University, Blacksburg, VA Local Guide
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Cheapest Available University Apartments for Rent
 The cheapest available apartment rental in the University area of Blacksburg, VA is a 3 Beds unit found at 709/711 Giles priced from $670. 208 Wharton St has the second lowest priced unit, which is a 4 Beds apartment currently listed from $740. Here are the most affordable University 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 |
208 Wharton St | Townhome - IL Lease | 4BR,2BA | $740 |
Chasewood Apartments | 1BR | 1BR,1BA | $1,000 |
Lantern Ridge Apartments | One Bedroom Units | 1BR,1BA | $1,024 |
Apartment Heights | 2 Bedrooms Apt | 2BR,1BA | $1,100 |
Best Value Apartments for Rent in University, VA
As of October 08, 2025 the best value apartment in the University area is the $0.73 price per square foot 4 Bedroom Luxury Model at Collegiate Suites of Blacksburg in the in the Downtown Blacksburg neighborhood starting from $960. The second greatest value University apartment is the Birchmore 2x2.5 Model at Brexx at Blacksburg starting at $1,365 with a $1.07 price per square foot in the Downtown Blacksburg neighborhood. Here is today’s list of the best values for University apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Collegiate Suites of Blacksburg | 4 Bedroom Luxury | 4BR,4BA | $0.73 |
Brexx at Blacksburg | Birchmore 2x2.5 | 2BR,2.5BA | $1.07 |
Cascade Pointe | 3 Beds, 2 baths | 3BR,2BA | $1.36 |
1005 Montgomery St, Unit A | 1005 Montgomery St | 3BR,1BA | $1.50 |
Apartment Heights | 2 Bedrooms Townhome | 2BR,1BA | $1.20 |
The Landing at Stonegate | 2x2 Furnished - Apartment | 2BR,2BA | $1.00 |
Stonegate and Carlton Scott Apartments | S2-R | 2BR,1BA | $0.73 |
Ridgewood Village | 2A | 2BR,1BA | $1.66 |
Haven Blacksburg | B2 | 2BR,2BA | $0.98 |
801 S Main St | 2BR/1.5BA | 2BR,1.5BA | $1.78 |
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Pet Friendly LifestyleUniversity, Blacksburg, VA
Ranked #6
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of rentals and neighborhoods across the USA, and customized analysis for Central Blacksburg. LifeStyle Ratings are a useful tool for comparing and sorting apartments and neighborhoods when choosing your rental home. This takes in many factors including searching for the best amenities, and proximity to parks, transit availability, pet-friendly communities, apartment communities for the kids, and other valuable search options. Find Lifestyle Search in the filter options (above). Happy Searching!
Frequently Asked Questions about Cheap University Apartments
What is the price of a cheap apartment in University?
The cheapest apartment in University is Chasewood Apartments which is listed at $1,000, while the average apartment in University costs $1,645.
What types of apartments are the cheapest in University?
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 79 regular apartments in University 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?
Cheap apartments in University have an average cost of $1,109 which is $536 cheaper than the average rent for all rentals in University.
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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

The Rental Move-In Inspection Checklist: A Guide for Renters
Written by: Trey Huguley
The move-in inspection checklist is a crucial tool for both tenants and landlords. This checklist, provided by the team at ApartmentHomeLiving.com, helps document the condition of an apartment at the time of move-in.

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Written by: Christine Leonard, Esq.
For many people, obstacles can arise during the rental application process for a variety of issues.

The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro
Written by: Christine Leonard, Esq.
Hard truth. Moving is never easy. I’ve done it all – from local moves to cross-country relocations From packing to unpacking the last box, I have found moving to be an exhausting, expensive and stressful experience every time.