
Cheap Apartments for Rent in the University Neighborhood of Blacksburg, VA from $600 (20 Rentals)
Search the lowest-cost Apartments available for rent right now in the University area of Blacksburg.


Chasewood Apartments

105 Collegiate Ct

The Mill at Blacksburg

Lantern Ridge Apartments
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.

Shawnee Apartments

Apartment Heights

Terpence Apartments

1125 S Main St, Unit B
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

Windsor Hills Apartments

311 Loudon Rd

Ridgewood Village
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.
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 | $1,429 | $790 | $1,878 |
University 1 Bedroom Apartments | $1,347 | $1,000 | $2,040 |
University 2 Bedroom Apartments | $1,302 | $765 | $2,500 |
University 3 Bedroom Apartments | $1,340 | $670 | $2,814 |
University 4 Bedroom Apartments | $1,210 | $785 | $3,800 |
Browse Apartments in this Neighborhood
There are currently 20 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
- Nearby Cities
- ZIP codes
- Local Counties
- School Districts
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. Hub Blacksburg has the second lowest priced unit, which is a 2 Beds apartment currently listed from $915. 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 |
Hub Blacksburg | 2x2 E | 2BR,2BA | $915 |
The Retreat at Blacksburg | Milledge 4x4.5 | 4BR,4BA | $1,050 |
Apartment Heights | 2 Bedrooms Townhome | 2BR,1BA | $1,200 |
Chasewood Apartments | 2BR | 2BR,1BA | $1,225 |
Best Value Apartments for Rent in University, VA
As of June 02, 2025 the best value apartment in the University area is the $0.99 price per square foot Birchmore 2x2.5 Model at The Retreat at Blacksburg in the in the Downtown Blacksburg neighborhood starting from $1,255. The second greatest value University apartment is the The Peak Model at Smiths Landing Apartments starting at $2,325 with a $1.87 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. |
---|---|---|---|
The Retreat at Blacksburg | Birchmore 2x2.5 | 2BR,2.5BA | $0.99 |
Smiths Landing Apartments | The Peak | 3BR,3BA | $1.87 |
709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $0.62 |
Apartment Heights | 2 Bedrooms Townhome | 2BR,1BA | $1.20 |
Hub Blacksburg | 2x2 E | 2BR,2BA | $0.92 |
The Landing at Stonegate | 2x2 Furnished - Apartment | 2BR,2BA | $1.00 |
Stonegate and Carlton Scott Apartments | S2-R | 2BR,1BA | $0.73 |
Chasewood Apartments | 2BR w/ Patio or Balcony | 2BR,1BA | $1.67 |
Terrace View | 1x1.5TH T1 | 1BR,1BA | $1.94 |
Ridgewood Village | 1A | 1BR,1BA | $1.97 |
Quick 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 #3
Among neighborhoods in Blacksburg, VA 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 a cheap apartment in University?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in University is under $1,755.
What is the price of a cheap apartment in University?
The cheapest apartment in University is The Farm which is listed at $1,325, while the average apartment in University costs $1,430.
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 64 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 $937 which is $493 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.

The Art of the Rental Viewing: What to look for during a property tour
Written by: Marie Brown
You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

Know Your Budget: Calculating What You Can Realistically Afford When Renting
Written by: Lauren Harrington
Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

The Freedom of Short-Term Leases: Exploring the Advantages for Renters
Written by: Bobbi Jackson
If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.