Cheap Apartments for Rent in the University Neighborhood of Blacksburg, VA from $600 (18 Rentals)

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Search the lowest-cost Apartments available for rent right now in the University area of Blacksburg.

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.

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Sundance Ridge
Studio to 2 Bedroom Apartments

Sundance Ridge

501-509 Sunridge DrBlacksburg, VA 24060
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Jefferson Apartments
1 to 3 Bedroom Apartments

Jefferson Apartments

614 Washington St SEBlacksburg, VA 24060
  • Utilities Included
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208 Wharton St
4 Bedroom Apartments

208 Wharton St

208 Wharton St SEBlacksburg, VA 24060

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.

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1720 Patrick Henry Dr
Studio Apartments

1720 Patrick Henry Dr

1720 Patrick Henry DrBlacksburg, VA 24060
  • Utilities Included
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1310 N Main St
1 to 4 Bedroom Apartments

1310 N Main St

1310 N Main StBlacksburg, VA 24060
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Terpence Apartments
2 to 3 Bedroom Apartments

Terpence Apartments

617 Lee StBlacksburg, VA 24060
Student Housing
  • Utilities Included
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1017 Montgomery St
2 Bedroom Apartments

1017 Montgomery St

1017 Montgomery StBlacksburg, VA 24060
Student Housing

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.

University, Blacksburg, VA Local Guide

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. 300 McDonald Street Apartments has the second lowest priced unit, which is a 3 Beds apartment currently listed from $675. Here are the most affordable University apartments for rent in Blacksburg, VA:

Apartment ListingModel NameBed/BathPriced From
709/711 Giles709-711 Giles Road - Individual Lease3BR,2BA$670
300 McDonald Street Apartments300 McDonald Street Apartments | 3 Bed, 1 Bath ...3BR,1BA$675
Hearthstone120 E Hearthstone1BR,1BA$900
Lantern Ridge ApartmentsOne Bedroom Units1BR,1BA$1,024
Chasewood Apartments1BR1BR,1BA$1,080

Best Value Apartments for Rent in University, VA

As of January 07, 2026 the best value apartment in the University area is the $0.68 price per square foot Fourteen35 4th Floor | 4 Bed 4 Bath | Available... Model at Fourteen35 Apartments in the in the Downtown Blacksburg neighborhood starting from $975. The second greatest value University apartment is the Birchmore 2x2.5 Model at Brexx at Blacksburg starting at $1,375 with a $1.08 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 ListingModel NameBed/BathPrice Per Sq.Ft.
Fourteen35 ApartmentsFourteen35 4th Floor | 4 Bed 4 Bath | Available...4BR,4BA$0.68
Brexx at BlacksburgBirchmore 2x2.52BR,2.5BA$1.08
Apartment Heights2 Bedrooms Townhome2BR,1BA$1.20
The Landing at StonegateAvailable for the 2026-2027 lease term2BR,2BA$1.10
Stonegate and Carlton Scott ApartmentsS2-R2BR,1BA$0.73
Ridgewood Village2B2BR,1BA$1.63
Haven - BlacksburgB1 - 2 Bed x 2 Bath2BR,2BA$1.35
300 McDonald Street Apartments300 McDonald | 2 bedroom2BR,1BA$1.99
East Roanoke Street3-Bedroom3BR,1BA$1.03
Lantern Ridge ApartmentsOne Bedroom Units1BR,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.

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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.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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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.

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Pet Friendly Lifestyle
University, Blacksburg, VA

Ranked #7

Among cities in Virginia for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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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

How much is rent for a Cheap One Bedroom University Apartment?

The lowest price for a Cheap One Bedroom University Apartment is $900 at Hearthstone.

What is the lowest price for a Cheap Two Bedroom University Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in University is starting from $840 at 300 McDonald Street Apartments.

What is the most affordable University Three Bedroom Apartment?

The best deal on a cheap University Three Bedroom Apartment rental is at 709/711 Giles and starts from $670.

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

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How to Make Your Apartment Holiday-Ready: Renter-Friendly Tips

Written by: Justin Habersaat

Getting your apartment ready for the holidays can be exciting but sometimes challenging in a smaller space. Here are some modern tips to keep things festive, safe, and inviting this season.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

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Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

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How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!