
Cheap Apartments for Rent in Montgomery County, VA from $400 (18 Rentals)
Search the lowest-cost Apartments available for rent right now in Montgomery County.


Chasewood Apartments

Ridgeview 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 | $1,466 | $790 | $1,971 |
Montgomery County 1 Bedroom Apartments | $1,448 | $915 | $2,057 |
Montgomery County 2 Bedroom Apartments | $1,537 | $850 | $2,500 |
Montgomery County 3 Bedroom Apartments | $1,759 | $670 | $3,500 |
Montgomery County 4 Bedroom Apartments | $1,520 | $740 | $3,400 |
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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. 208 Wharton St in the Downtown Blacksburg neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $740. 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 |
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 |
Fieldstone Family | Bluefield | 2BR,2BA | $1,081 |
Best Value Apartments for Rent in Montgomery County, VA
As of September 18, 2025 the best value apartment in the Montgomery County area is the $1.03 price per square foot Abbey Model at 375-395 Skylar Dr in the starting from $1,700. The second greatest value Montgomery County apartment is the 4 Bed 4 Bath - Individual Lease Model at Fourteen35 Apartments starting at $995 with a $0.69 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. |
---|---|---|---|
375-395 Skylar Dr | Abbey | 3BR,2BA | $1.03 |
Fourteen35 Apartments | 4 Bed 4 Bath - Individual Lease | 4BR,4BA | $0.69 |
900 Palmer Dr, Unit 900 Palmer | 900 Palmer Dr | 2BR,1BA | $1.18 |
Ridgeview Apartments | 3BR/1BA | 3BR,1BA | $1.18 |
Fieldstone Family | Bluefield | 2BR,2BA | $1.02 |
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 |
Haven Blacksburg | B2 | 2BR,2BA | $0.98 |
Maple Ridge Townhomes | 2 Bedroom Luxury | 2BR,1.5BA | $1.23 |
Frequently Asked Questions about Cheap Montgomery County Apartments
What is a cheap apartment in Montgomery County?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Montgomery County is under $1,265.
What is the price of a cheap apartment in Montgomery County?
The cheapest apartment in Montgomery County is Chasewood Apartments which is listed at $1,000, while the average apartment in Montgomery County costs $1,665.
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 31 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 $1,083 which is $582 cheaper than the average rent for all rentals in Montgomery County.
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 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.

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Written by: Christine Leonard, Esq.
Throughout the day, think about all the times that you have to pay for something. So many of us reach automatically for a credit card or even our phone for a quick payment.