
Cheap Apartments for Rent in the University Neighborhood of Blacksburg, VA from $400 (98 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Blacksburg.


709/711 Giles

110 Northview Dr

703 York Dr

Chasewood Apartments

1003 Giles Rd

121 Hearthstone Dr

Lantern Ridge Apartments

Shawnee Apartments

208 Broce 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.

405 Marlington St

720 Roanoke St E

315 Reynolds Ave

Total Monthly Price
Apartment Heights

Total Monthly Price
Ridgewood Village

Total Monthly Price
Windsor Hills Apartments

800 Orchard St

1706 Boxwood Dr, Unit B

Hub Blacksburg

Hearthstone
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.

Cedarfield Apartments

1605 Lark Ln

151 College Ave

Creekside

613 Dehart St

316 Reynolds Ave

Hethwood Apartment Homes

Cedar Pointe Apartments

Total Monthly Price
Foxridge Apartment Homes

The Reserve at Knollwood
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.

Pack Place Apartments

213 Landsdowne St

UT - 1215-G

Sundance Ridge

Wellesley - 2804

Jefferson Apartments

208 Wharton St

Grissom Lane Apartments

1720 Patrick Henry Dr

400 Green St
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.

1003 Giles Rd

1310 N Main St

315 Landsdowne St

501 Sunridge Dr

509 Sunridge Dr

1406 University City Blvd

509L Sundance Rdg

503 Sunridge Dr

512 Fairview Ave

317 Owens St
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, 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 | $1,293 | $700 | $1,940 |
| University 1 Bedroom Apartments | $1,375 | $1,024 | $2,204 |
| University 2 Bedroom Apartments | $1,491 | $580 | $2,634 |
| University 3 Bedroom Apartments | $1,853 | $660 | $2,952 |
| University 4 Bedroom Apartments | $1,632 | $1,005 | $4,000 |
Browse Apartments in this Neighborhood
There are currently 98 rentals with your search options within a 2 mile radius of the University Neighborhood of Blacksburg, VA.
See all Apartments in BlacksburgExplore Blacksburg
University, Blacksburg, VA Local Guide
- Nearby Blacksburg neighborhoods
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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. Wellesley - 2804 has the second lowest priced unit, which is a 4 Beds apartment currently listed from $695. 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 |
| Wellesley - 2804 | 4BR/2.0BA | 4BR,2BA | $695 |
| Chasewood Apartments | 1BR | 1BR,1BA | $1,080 |
| Apartment Heights | 1 Bedroom | 1BR,1BA | $1,130 |
| Brexx at Blacksburg | Milledge 4x4.5 | 4BR,4BA | $1,159 |
| Hub Blacksburg | 4x4 + | 4BR,4BA | $1,259 |
| The Mill at Blacksburg | 2 Bed 1 Bath | 2BR,1BA | $1,270 |
| Creekside | 115 Hearthstone | Creekside | 1 Bed | 1BR,1BA | $1,350 |
| Ridgewood Village | 3A | 3BR,1BA | $1,464 |
| Pack Place Apartments | 2x1 - Non Renovated | 2BR,1BA | $1,495 |
Best Value Apartments for Rent in University, VA
As of August 28, 2026 the best value apartment in the University 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 University apartment is the D5 - Existing Unit Model at Union Blacksburg starting at $1,005 with a $0.69 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. |
|---|---|---|---|
| Hub Blacksburg | 4x4 + | 4BR,4BA | $0.81 |
| Union Blacksburg | D5 - Existing Unit | 4BR,4BA | $0.69 |
| Fourteen35 Apartments | Available for the 2026-2027 lease term! | 4BR,4BA | $0.69 |
| Brexx at Blacksburg | Milledge 3x3 | 3BR,3BA | $0.94 |
| Collegiate Suites of Blacksburg | 4 Bedroom Luxury w/Cathedral Ceilings | 4BR,4BA | $0.76 |
| Terrace View | 3x3 Tier 1 | 3BR,3BA | $0.95 |
| Ridgewood Village | 3A | 3BR,1BA | $1.33 |
| The Odyssey | 2 Beds, 2 baths | 2BR,2BA | $1.54 |
| Stonegate and Carlton Scott Apartments | C2-R | 2BR,1BA | $0.84 |
| The Mill at Blacksburg | 2 Bed 1 Bath | 2BR,1BA | $1.63 |
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, Blacksburg, VA
Ranked #2
Among cities in Virginia for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
3.0Pet 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 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 26 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 $1,150 which is $200 cheaper than the average rent for all rentals in University.
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.

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.

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.