Cheap Homes for Rent in Montgomery County, VA from $500 (12 Rentals)

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

property at 2011 Coneflower Ln

2011 Coneflower Ln

BlacksburgVA24060

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.

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property at 2315 Olinger Rd

2315 Olinger Rd

BlacksburgVA24060

The Art of the Rental Viewing: What to look for during a property tour

Touring a rental? This guide helps you know exactly what to look for, from safety features to hidden flaws, so you can confidently sign your lease or keep searching.

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Showing Results 1-12, Page 1 of 1

Cheapest Available Montgomery County Apartments for Rent

 

The cheapest available apartment rental in Montgomery County, VA is a 1 Bed unit found at Fieldstone Apartments - Income Limits Apply in the Downtown Blacksburg neighborhood priced from $666. 709/711 Giles in the Downtown Blacksburg neighborhood has the second lowest priced unit, which is a 3 Beds apartment currently listed from $670. Here is today’s list of the most affordable Montgomery County apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Fieldstone Apartments - Income Limits ApplyPreston (Independent Senior Living Age 55+)1BR,1BA$666
709/711 Giles709-711 Giles Road - Individual Lease3BR,2BA$670
Hub Blacksburg2x2 E2BR,2BA$915
The Retreat at BlacksburgMilledge 4x4.54BR,4BA$1,050
Terpence ApartmentsTwo Bedroom2BR,2BA$1,100

Best Value Apartments for Rent in Montgomery County, VA

As of June 24, 2025 the best value apartment in the Montgomery County area is the $1.15 price per square foot Abbey Model at 375-395 Skylar Dr in the starting from $1,900. The second greatest value Montgomery County apartment is the Furnished Individual Lease Model at 1711 Apartments starting at $735 with a $0.56 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 ListingModel NameBed/BathPrice Per Sq.Ft.
375-395 Skylar DrAbbey3BR,2BA$1.15
1711 ApartmentsFurnished Individual Lease4BR,2BA$0.56
The Retreat at BlacksburgBirchmore 2x2.52BR,2.5BA$0.99
709/711 Giles709-711 Giles Road - Individual Lease3BR,2BA$0.62
Fieldstone Apartments - Income Limits ApplyBluefield2BR,2BA$1.02
Hub Blacksburg2x2 E2BR,2BA$0.92
The Landing at Stonegate2x2 Furnished - Apartment2BR,2BA$1.00
Stonegate and Carlton Scott ApartmentsS2-R2BR,1BA$0.73
Ridgewood Village2B2BR,1BA$1.43
Maple Ridge Townhomes2 Bedroom Luxury2BR,1.5BA$1.23

Frequently Asked Questions about Montgomery County

What type of rentals are currently available in Montgomery County?

There are currently 190 Apartments for Rent in Montgomery County, VA with pricing that ranges from $666 to $3,800. There are also 97 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery County ranging from $550 to $4,200.

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 $4,200 with an average monthly rent of $2,562.

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 $550 to $2,950. Four Bedroom Single-Family rentals are also available starting from $750 and Four Bedroom Apartments start at $805.

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.

decorative image for Roommate Matching: Finding the Right Fit and Avoiding Pitfalls article

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

Written by: Cheryl Bowman

A fantastic way to save money and enjoy a built-in community is to share an apartment. However, a bad roommate situation can turn your dream rental into a nightmare.

decorative image for The Art of the Rental Viewing: What to look for during a property tour article

The Art of the Rental Viewing: What to look for during a property tour

Written by: Marie Brown

You’ve scrolled through countless listings, walked through a blur of rentals, and finally found what feels like the one. The pictures? Fantastic. The neighborhood seems just right.

decorative image for Know Your Budget: Calculating What You Can Realistically Afford When Renting article

Know Your Budget: Calculating What You Can Realistically Afford When Renting

Written by: Lauren Harrington

Renting an apartment or house isn’t just about looking through online ads, choosing a few apartments or homes you want to tour, filling out an application, and putting down a deposit. Those things are all necessary and important.

decorative image for The Freedom of Short-Term Leases: Exploring the Advantages for Renters article

The Freedom of Short-Term Leases: Exploring the Advantages for Renters

Written by: Bobbi Jackson

If you’re looking to relocate right now, a popular solution that may best fit your current rental needs is a short-term lease.