
Cheap Apartments for Rent in Montgomery County, VA from $562 (37 Rentals)
Search the lowest-cost Apartments available for rent right now in Montgomery County.


Legacy on Main

1711 Apartments

709/711 Giles

300 McDonald Street Apartments

110 Northview Dr

Ridgeview Apartments

Chasewood Apartments

1003 Giles Rd
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.

111 Phlegar St

121 Hearthstone Dr

Lantern Ridge Apartments

108 S Franklin St

3532 Glade Rd

Shawnee Apartments

104 Hill St NE

208 Broce Dr

405 Marlington St
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.

UT - 1215-G

Hunting Hills Apartments

Forest Hills at Belview

Sundance Ridge

Wellesley - 2804

Jefferson Apartments

208 Wharton St

Grissom Lane Apartments

1720 Patrick Henry Dr
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.

10 SW 1st St

Linden Green

Overlook Apartments

Huckleberry Court

400 Green St

1003 Giles Rd

Henley Place

1310 N Main St

Willow Creek Blacksburg
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.

Terpence Apartments
Montgomery County, VA Local Guide

How much does it cost to rent an apartment in Montgomery County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montgomery County Studio Apartments | $1,218 | $700 | $1,940 |
| Montgomery County 1 Bedroom Apartments | $1,416 | $935 | $2,204 |
| Montgomery County 2 Bedroom Apartments | $1,500 | $580 | $2,634 |
| Montgomery County 3 Bedroom Apartments | $1,860 | $660 | $3,500 |
| Montgomery County 4 Bedroom Apartments | $1,655 | $562 | $4,000 |
Browse Apartments in Montgomery County
See all Apartments in MontgomeryExplore Montgomery County
Cheapest Available Montgomery County Apartments for Rent
 The cheapest available apartment rental in Montgomery County, VA is a 3 Beds unit found at 709/711 Giles in the Downtown Blacksburg neighborhood priced from $670. Wellesley - 2804 in the Kabrich Crescent neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $695. Here is today’s list of the most affordable Montgomery County apartments for rent:
| 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 |
| 108 S Franklin St | Unit #5 | Studio,1BA | $1,050 |
| Chasewood Apartments | 1BR | 1BR,1BA | $1,080 |
| Apartment Heights | 1 Bedroom | 1BR,1BA | $1,130 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1,131 |
| 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 |
| Pack Place Apartments | 2x1 - Non Renovated | 2BR,1BA | $1,495 |
Best Value Apartments for Rent in Montgomery County, VA
As of August 25, 2026 the best value apartment in the Montgomery County area is the $0.31 price per square foot 4 Bedroom - unfurnished Model at The Summit at Uptown in the in the Downtown Blacksburg neighborhood starting from $725. The second greatest value Montgomery County apartment is the 4x4 + Model at Hub Blacksburg starting at $1,259 with a $0.81 price per square foot in the Downtown Blacksburg neighborhood. Here is today’s list of the best values for Montgomery County apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| The Summit at Uptown | 4 Bedroom - unfurnished | 4BR,3.5BA | $0.31 |
| Hub Blacksburg | 4x4 + | 4BR,4BA | $0.81 |
| Maple Ridge Townhomes | 4 Bedroom Luxury | 4BR,2BA | $0.64 |
| Clover Valley Phase II | 4BR/2.5BA | 4BR,2.5BA | $0.64 |
| 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 |
| Stonegate and Carlton Scott Apartments | C2-R | 2BR,1BA | $0.84 |
Frequently Asked Questions about Cheap Montgomery County Apartments
What is the price of a cheap apartment in Montgomery County?
The cheapest apartment in Montgomery County is Chasewood Apartments which is listed at $1,080, while the average apartment in Montgomery County costs $1,375.
What types of apartments are the cheapest in Montgomery County?
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 35 regular apartments in Montgomery County 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 Montgomery County?
Cheap apartments in Montgomery County have an average cost of $1,030 which is $345 cheaper than the average rent for all rentals in Montgomery County.
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.