
Cheap Homes for Rent in Montgomery County, VA from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in Montgomery County.


1205 S Main St, Unit Off Dining Room

1470 Seneca Dr

202 Huntington Ln

900 Brightwood Manor Dr

894 Rocky Acres Ln

940 McBryde Dr

846 Den Hill Rd

292 Alleghany Spring Rd
Montgomery County, VA Local Guide

How much does it cost to rent a home in Montgomery County?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Montgomery County 2 Bedroom Homes for Rent | $1,659 | $1,225 | $2,250 |
| Montgomery County 3 Bedroom Homes for Rent | $2,063 | $1,299 | $3,200 |
| Montgomery County 4 Bedroom Homes for Rent | $2,476 | $700 | $5,000 |
| Montgomery County 5 Bedroom Homes for Rent | $3,233 | $2,000 | $5,000 |
Browse Homes for Rent in Montgomery County
Explore 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. 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 |
| Lantern Ridge Apartments | One Bedroom Units | 1BR,1BA | $1,024 |
Best Value Apartments for Rent in Montgomery County, VA
As of November 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 Bedroom Luxury Model at Collegiate Suites of Blacksburg starting at $990 with a $0.75 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 |
| Collegiate Suites of Blacksburg | 4 Bedroom Luxury | 4BR,4BA | $0.75 |
| Brexx at Blacksburg | Birchmore 2x2.5 | 2BR,2.5BA | $1.08 |
| 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 |
| Maple Ridge Townhomes | 2 Bedroom Luxury | 2BR,1.5BA | $1.24 |
| East Roanoke Street | 3-Bedroom | 3BR,1BA | $1.03 |
Frequently Asked Questions about Montgomery County
What type of rentals are currently available in Montgomery County?
There are currently 206 Apartments for Rent in Montgomery County, VA with pricing that ranges from $670 to $4,350. There are also 106 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery County ranging from $500 to $5,000.
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 $500 to $5,000 with an average monthly rent of $2,096.
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 $670 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,299 to $3,200. Four Bedroom Single-Family rentals are also available starting from $700 and Four Bedroom Apartments start at $740.
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.

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.

How to Negotiate Your Apartment Lease and Save Money
Written by: Christine Leonard, Esq.
Everything is a negotiation in real estate!

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.