
Cheap Apartments for Rent in Montgomery County, VA from $400 (33 Rentals)
Search the lowest-cost Apartments available for rent right now in Montgomery County.


Legacy on Main

709/711 Giles

213 Uptown Trl

300 McDonald Street Apartments

Ridgeview Apartments

Chasewood Apartments

Hearthstone
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.

Lantern Ridge Apartments

Shawnee Apartments

Total Monthly Price
Apartment Heights

Total Monthly Price
Fieldstone Family

212-214 Ellett Rd

705 Depot St NE

Total Monthly Price
The Hillside

Hunting Hills Apartments
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.

Forest Hills at Belview

Sundance Ridge

Wellesley - 2804

Jefferson Apartments

208 Wharton St

Grissom Lane Apartments

1720 Patrick Henry Dr

10 SW 1st St
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.

Linden Green

Overlook Apartments

Huckleberry Court

400 Green St

Henley Place

1310 N Main St

Willow Creek Blacksburg

Terpence Apartments
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.

1017 Montgomery St
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 | $1,391 | $825 | $1,887 |
| Montgomery County 1 Bedroom Apartments | $1,438 | $900 | $2,623 |
| Montgomery County 2 Bedroom Apartments | $1,582 | $580 | $3,874 |
| Montgomery County 3 Bedroom Apartments | $1,862 | $660 | $4,285 |
| Montgomery County 4 Bedroom Apartments | $1,441 | $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 2 Beds unit found at Legacy on Main in the Downtown Blacksburg neighborhood priced from $580. 1711 Apartments in the Downtown Blacksburg neighborhood has the second lowest priced unit, which is a 4 Beds apartment currently listed from $595. Here is today’s list of the most affordable Montgomery County apartments for rent:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Legacy on Main | 2-Bedroom | 2BR,2BA | $580 |
| 1711 Apartments | 1711 Whipple Drive|Renovated Apartment | 4BR,2BA | $595 |
| 709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $670 |
| Ridgeview Apartments | 0BR/1.0BA | Studio,1BA | $825 |
| 300 McDonald Street Apartments | 300 McDonald Street Apartments | Individual Lea... | 2BR,1BA | $840 |
| Hearthstone | 120 E Hearthstone | 1BR,1BA | $900 |
| 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 |
Best Value Apartments for Rent in Montgomery County, VA
As of July 05, 2026 the best value apartment in the Montgomery County area is the $0.68 price per square foot Thornberry 4x4 Model at Brexx at Blacksburg in the in the Downtown Blacksburg neighborhood starting from $1,149. The second greatest value Montgomery County apartment is the THD4 Furnished Model at Union Blacksburg starting at $1,185 with a $0.73 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. |
|---|---|---|---|
| Brexx at Blacksburg | Thornberry 4x4 | 4BR,4BA | $0.68 |
| Union Blacksburg | THD4 Furnished | 4BR,4BA | $0.73 |
| 1711 Apartments | 1711 Whipple Drive|Renovated Apartment | 4BR,2BA | $0.51 |
| The Hillside | 2BR/2.0BA | 2BR,2BA | $1.03 |
| Terrace View | 3Ax1.5 T2 | 3BR,1.5BA | $0.82 |
| Ridgewood Village | 3A | 3BR,1BA | $1.41 |
| 105 Tee St | 3x1.5 Townhome | 3BR,1.5BA | $1.45 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1.06 |
| Apartment Heights | 1 Bedroom | 1BR,1BA | $1.51 |
| East Roanoke Street | 3-Bedroom | 3BR,1BA | $0.96 |
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 Hearthstone which is listed at $900, while the average apartment in Montgomery County costs $1,702.
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 22 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 $1,124 which is $578 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

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.

Apartment Occupancy Rates: Renter Attraction vs Renter Retention
Written by: Robin Stewart
There’s a tenet in marketing about client or customer attraction and retention. Studies and data have consistently shown it costs less to keep a current customer than to attract a new one.

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide
Written by: Robin Stewart
Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

Pet-Friendly Renting: Everything You Need to Know Before You Move
Written by: Christine Leonard, Esq.
For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.