Cheap Homes for Rent in Montgomery County, VA from $500 (9 Rentals)

How Many Bedrooms?Done
Select your price rangeDone
to
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

Search the lowest-cost Homes available for rent right now in Montgomery County.

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.

Read Article

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.

Read Article
property at 311 Loudon Rd

$1,230 - $1,350

2 Bedroom Rentals

Available Jul 16

311 Loudon Rd

BlacksburgVA24060
Showing Results 1-9, Page 1 of 1

Cheapest Available Montgomery County Apartments for Rent

 

The cheapest available apartment rental in Montgomery County, VA is a 4 Beds unit found at 1711 Apartments in the Downtown Blacksburg neighborhood priced from $485. 203-209 Tee Street in the Downtown Blacksburg neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $565. Here is today’s list of the most affordable Montgomery County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
1711 ApartmentsAvailable Now - Spacious 4 Bedroom 2 Bathroom A...4BR,2BA$485
203-209 Tee StreetTee Street Apartments | Individual Lease | 08/1...3BR,2BA$565
709/711 Giles709-711 Giles Road - Individual Lease3BR,2BA$670

Best Value Apartments for Rent in Montgomery County, VA

As of January 20, 2026 the best value apartment in the Montgomery County area is the $0.53 price per square foot D1 - 4 Bed x 4.5 Baths Model at Haven - Blacksburg in the in the Downtown Blacksburg neighborhood starting from $1,090. The second greatest value Montgomery County apartment is the 3 Story Model at 375-395 Skylar Dr starting at $1,700 with a $0.92 price per square foot . Here is today’s list of the best values for Montgomery County apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
Haven - BlacksburgD1 - 4 Bed x 4.5 Baths4BR,4.5BA$0.53
375-395 Skylar Dr3 Story3BR,3.5BA$0.92
Fourteen35 ApartmentsFourteen35 4th Floor | 4 Bed 4 Bath | Available...4BR,4BA$0.68
Brexx at BlacksburgBirchmore 2x2.52BR,2.5BA$1.08
Collegiate Suites of Blacksburg4/2 - Hunters Ridge4BR,2BA$0.86
Hunters Ridge of Blacksburg4x2 Hunters Ridge4BR,2BA$0.86
Fieldstone FamilyBluefield2BR,2BA$1.06
The Landing at StonegateAvailable for the 2026-2027 lease term2BR,2BA$1.10
Stonegate and Carlton Scott ApartmentsS2-R2BR,1BA$0.73
East Roanoke Street3-Bedroom3BR,1BA$1.03

Frequently Asked Questions about Montgomery County

What type of rentals are currently available in Montgomery County?

There are currently 207 Apartments for Rent in Montgomery County, VA with pricing that ranges from $485 to $4,350. There are also 86 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery County ranging from $550 to $5,100.

What is the current price range for Rental Homes in Montgomery County?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Montgomery County ranges from $550 to $5,100 with an average monthly rent of $2,273.

How much are larger Three and Four Bedroom Rentals in Montgomery County?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Montgomery County range from $565 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,299 to $2,900. Four Bedroom Single-Family rentals are also available starting from $1,750 and Four Bedroom Apartments start at $485.

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

decorative image for A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment article

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

decorative image for Renting with Roommates: Realistic Expectations for Shared Lease article

Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.

decorative image for Apartment Common Area Rules: What Renters Need to Know article

Apartment Common Area Rules: What Renters Need to Know

Written by: Christine Leonard, Esq.

Back in the day when I rented one of my first apartments, the property didn’t even have laundry in the building. Now, rental properties are often competing against each other to provide the best amenities.

decorative image for How to Negotiate Your Apartment Lease and Save Money article

How to Negotiate Your Apartment Lease and Save Money

Written by: Christine Leonard, Esq.

Everything is a negotiation in real estate!