Cheap Homes for Rent in Montgomery County, VA from $500 (14 Rentals)

How Many Bedrooms?Done
Price OptionsDone
Price Range
to
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
By AmenitiesDone
By Community TypeDone
Features and AvailabilityDone
Done

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

property at 133 Clover Valley Cir
$500

Total Monthly Price

Base Rent$500

Total Monthly Price$500
12 Month Lease Term
4 Bedroom, 2.5 Bath Townhome for Rent
Available Now
Affordability

133 Clover Valley Cir

BlacksburgVA24060
property at 1210 University Ter
$525 - $2,000

Total Monthly Price

Base Rent$525 - $2,000

Total Monthly Price$525 - $2,000
12 Month Lease Term
4 Bedroom, 2 Bath Condo for Rent
Available Now
Affordability

1210 University Ter

BlacksburgVA24060
property at 2011 Coneflower Ln
$670

Total Monthly Price

Base Rent$670

Total Monthly Price$670
12 Month Lease Term
3 Bedroom, 2.5 Bath Townhome for Rent
Available Now
Cost Per Sq.Ft.

2011 Coneflower Ln

BlacksburgVA24060
  • Smoke Free
property at 703 York Dr
$675

Total Monthly Price

Base Rent$675

Total Monthly Price$675
12 Month Lease Term
3 Bedroom, 2 Bath Home for Rent
Available Now
Cost Per Sq.Ft.

703 York Dr

BlacksburgVA24060
property at 135 Clover Valley Cir
$725

Total Monthly Price

Base Rent$725

Total Monthly Price$725
4 Bedroom, 2.5 Bath Home for Rent
Available Jun 12, 2027
Cost Per Sq.Ft.

135 Clover Valley Cir

BlacksburgVA24060
  • Smoke Free
property at 311 Loudon Rd
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
2 Bedroom, 1 Bath Condo for Rent
Available Aug 6, 2027

311 Loudon Rd

BlacksburgVA24060
property at 1206 University Terrace
$1,275

Total Monthly Price

Base Rent$1,275

Total Monthly Price$1,275
4 Bedroom, 2 Bath Condo for Rent
Available Now
Affordability

1206 University Terrace

BlacksburgVA24060

Rent According to Income: A Look at Income-Restricted Rentals

Find income-restricted rentals and housing subsidies. Explore government programs designed to help low-income families secure stable, affordable housing.

property at 660 College St
$1,300

Total Monthly Price

Base Rent$1,300

Total Monthly Price$1,300
12 Month Lease Term
2 Bedroom, 1 Bath Townhome for Rent
Available Now

660 College St, Unit 12B

660 College St
ChristiansburgVA24073
  • Smoke Free
property at 290 Wakeman Ct NE
$1,350

Total Monthly Price

Base Rent$1,350

Total Monthly Price$1,350
3 Bedroom, 2 Bath Home for Rent
Available Now

290 Wakeman Ct NE

ChristiansburgVA24073
property at 1731 Donlee Dr
$1,395

Total Monthly Price

Base Rent$1,395

Total Monthly Price$1,395
4 Bedroom, 2 Bath Condo for Rent
Available Now
Cost Per Sq.Ft.

1731 Donlee Dr

BlacksburgVA24060
property at 680 Fralin Alley NE
$1,450

Total Monthly Price

Base Rent$1,450

Total Monthly Price$1,450
1 Bedroom, 1 Bath Home for Rent
Available Now

680 Fralin Alley NE

ChristiansburgVA24073
property at 385 Warren St
$1,450

Total Monthly Price

Base Rent$1,450

Total Monthly Price$1,450
12 Month Lease Term
3 Bedroom, 2.5 Bath Townhome for Rent
Available Now

385 Warren St

ChristiansburgVA24073
property at 1752 Mt Tabor Rd
$1,500

Total Monthly Price

Base Rent$1,500

Total Monthly Price$1,500
12 Month Lease Term
2 Bedroom, 1 Bath Home for Rent
Available Now

1752 Mt Tabor Rd

BlacksburgVA24060

Renters Insurance 101: What It Is, What It Covers, and Why You Need It

From theft to fire to water damage, the unexpected can happen to any renter. Discover why renters insurance is one of the smartest and most affordable investments you can make as a tenant.

Best Value Homes for Rent in Montgomery County, VA

As of September 22, 2026 the best value rental home in the Montgomery County area is the $0.92 price per square foot 600 Republic Rd Model at 600 Republic Rd starting from $1,850. The second greatest value Montgomery County rental home is the 703 York Dr Model at 703 York Dr in the Downtown Blacksburg neighborhood starting at $675 with a $0.34 price per square foot. Here is today’s list of the best values for Montgomery County homes based on price per square foot:

Home ListingModel NameBed/BathPrice Per Sq.Ft.
600 Republic Rd600 Republic Rd4BR, 3.5BA$0.92
703 York Dr703 York Dr3BR, 2BA$0.34
2011 Coneflower Ln2011 Coneflower Ln3BR, 2.5BA$0.34
601 Devon Ln601 Devon Ln3BR, 2.5BA$1.68
2536 Blossom Trail W2536 Blossom Trail W3BR, 3BA$1.47
703 Montgomery St703 Montgomery St3BR, 2.5BA$1.13
1415 Providence Blvd1415 Providence Blvd3BR, 2BA$1.19
1200 Providence Blvd1200 Providence Blvd3BR, 2.5BA$1.24
703 Harding Ave703 Harding Ave3BR, 1BA$1.83
660 College St, Unit 12B660 College St2BR, 1BA$1.44

Frequently Asked Questions about Montgomery County

What type of rentals are currently available in Montgomery County?

There are currently 202 Apartments for Rent in Montgomery County, VA with pricing that ranges from $580 to $4,000. There are also 58 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery County ranging from $500 to $5,250.

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 $5,250 with an average monthly rent of $1,928.

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 $660 to $3,500, while Three Bedroom Homes, Condos, and Townhomes for rent range from $670 to $2,850. Four Bedroom Single-Family rentals are also available starting from $500 and Four Bedroom Apartments start at $625.

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 Rent According to Income: A Look at Income-Restricted Rentals   article

Rent According to Income: A Look at Income-Restricted Rentals

Written by: Robin Stewart

The idea of affordable housing can be subjective. Every individual is in a different place financially and vocationally. What one may easily afford could be a struggle for someone else.

decorative image for How Commercial-to-Residential Property Conversions Help the Housing Crisis   article

How Commercial-to-Residential Property Conversions Help the Housing Crisis

Written by: Robin Stewart

Many housing markets throughout America share a common complaint: a lack of affordable rental properties.

decorative image for Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My! article

Exploring Rental Options: Apartments, Townhomes, and Lofts - Oh My!

Written by: Robin Stewart

Where do you see yourself? When you think of home, sweet home, are you in a 3/2 apartment? Dreaming of a tall townhome? Maybe an industrial loft heavy on cool vibes is on your visioning board.

decorative image for Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags   article

Practical Tips for Renters: How to Identify a Great Rental and Avoid Red Flags

Written by: Robin Stewart

Renters want to find a great apartment, the right place for them, one that checks all the boxes of location, rental cost, amenities, safety, and more.