
Cheap Homes for Rent in Montgomery County, VA from $500 (17 Rentals)
Search the lowest-cost Homes available for rent right now in Montgomery County.


1210 University Terrace, Unit F

2 2nd St

411 Laurence Ln

2495 Buckshot Ln, Unit 2497
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.

1 US-1

202 Huntington Ln

202 Bennett St

204 Broce Dr

722 Park St
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.

2625 Glade Dr SE

909 Montgomery St

311 Loudon Rd

195 Clearview Dr

1800 Whipple Dr
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.

1510 Cedar St

115 Lucas St NE
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 | $1,590 | $1,175 | $2,500 |
| Montgomery County 3 Bedroom Homes for Rent | $2,101 | $1,350 | $3,250 |
| Montgomery County 4 Bedroom Homes for Rent | $2,440 | $850 | $4,200 |
| Montgomery County 5 Bedroom Homes for Rent | $3,237 | $2,200 | $4,350 |
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 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 Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| 1711 Apartments | Available Now - Spacious 4 Bedroom 2 Bathroom A... | 4BR,2BA | $485 |
| 203-209 Tee Street | Tee Street Apartments | Individual Lease | 08/1... | 3BR,2BA | $565 |
| 709/711 Giles | 709-711 Giles Road - Individual Lease | 3BR,2BA | $670 |
| 300 McDonald Street Apartments | 300 McDonald Street Apartments | Individual Lea... | 2BR,1BA | $840 |
| Hearthstone | 120 E Hearthstone | 1BR,1BA | $900 |
Best Value Apartments for Rent in Montgomery County, VA
As of April 24, 2026 the best value apartment in the Montgomery County area is the $1.09 price per square foot 160 Hamilton Model at 160 Hamilton Ave NW in the in the Farmview/Ramble neighborhood starting from $2,350. The second greatest value Montgomery County apartment is the 3-bedroom Model at Kensington Townhomes starting at $1,799 with a $1.13 price per square foot . 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. |
|---|---|---|---|
| 160 Hamilton Ave NW | 160 Hamilton | 3BR,3.5BA | $1.09 |
| Kensington Townhomes | 3-bedroom | 3BR,2BA | $1.13 |
| The Flats | The Flats At Uptown 3 Bedroom Condo *Short-Term... | 3BR,2BA | $1.37 |
| Fourteen35 Apartments | Fourteen35 4th Floor | 4 Bed 4 Bath | Available... | 4BR,4BA | $0.68 |
| Brexx at Blacksburg | Birchmore 2x2.5 | 2BR,2.5BA | $1.08 |
| 1711 Apartments | Available Now - Renovated Apartment with a Wash... | 4BR,2BA | $0.48 |
| Ridgeview Apartments | 3BR/1.0BA | 3BR,1BA | $1.18 |
| Fieldstone Family | Bluefield | 2BR,2BA | $1.06 |
| 203-209 Tee Street | Tee Street Apartments | Individual Lease | 08/1... | 3BR,2BA | $0.67 |
| Maple Ridge Townhomes | 2 Bedroom Luxury | 2BR,1.5BA | $1.27 |
Frequently Asked Questions about Montgomery County
What type of rentals are currently available in Montgomery County?
There are currently 208 Apartments for Rent in Montgomery County, VA with pricing that ranges from $485 to $4,165. There are also 138 Single Family Homes for rent, Condos, and Townhome rentals currently available in Montgomery County ranging from $550 to $4,350.
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 $4,350 with an average monthly rent of $2,029.
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 $1,350 to $3,250. Four Bedroom Single-Family rentals are also available starting from $850 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

Expert Solutions for Creating the Perfect Work-From-Home Apartment Layouts
Written by: Lauren Harrington
This article is based on first-hand experience managing apartment communities and helping renters adapt to their spaces after moving in.

What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Written by: Lauren Harrington
This article draws from first-hand renter experiences and recurring financial challenges reported after moving in.

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.