
Cheap Apartments for Rent in the Downtown Blacksburg Neighborhood of Blacksburg, VA from $500 (14 Rentals)
Search the lowest-cost Apartments available for rent right now in the Downtown Blacksburg area of Blacksburg.


Chasewood Apartments

Fieldstone Apartments - Income Limits Apply

The Mill at Blacksburg

Lantern Ridge Apartments

Apartment Heights

702 Progress St NE

Shawnee Apartments
Downtown Blacksburg, Blacksburg, VA Local Guide

How much does it cost to rent an apartment in Downtown Blacksburg?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Blacksburg Studio Apartments | $1,467 | $790 | $1,934 |
Downtown Blacksburg 1 Bedroom Apartments | $1,366 | $938 | $1,845 |
Downtown Blacksburg 2 Bedroom Apartments | $1,266 | $765 | $2,305 |
Downtown Blacksburg 3 Bedroom Apartments | $1,394 | $750 | $2,835 |
Downtown Blacksburg 4 Bedroom Apartments | $1,157 | $500 | $3,580 |
Browse Apartments in this Neighborhood
There are currently 14 rentals with your search options within a 2 mile radius of the Downtown Blacksburg Neighborhood of Blacksburg, VA.
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Downtown Blacksburg, Blacksburg, VA Local Guide
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Cheapest Available Downtown Blacksburg Apartments for Rent
 The cheapest available apartment rental in the Downtown Blacksburg area of Blacksburg, VA is a 4 Beds unit found at 1711 Apartments priced from $735. Hub Blacksburg has the second lowest priced unit, which is a 2 Beds apartment currently listed from $915. Here are the most affordable Downtown Blacksburg apartments for rent in Blacksburg, VA:
Apartment Listing | Model Name | Bed/Bath | Priced From |
---|---|---|---|
1711 Apartments | 4 Bed 2 Bath - Individual Lease | 4BR,2BA | $735 |
Hub Blacksburg | 2x2 E | 2BR,2BA | $915 |
Fieldstone Apartments - Income Limits Apply | Preston (Independent Senior Living Age 55+) | 1BR,1BA | $938 |
The Retreat at Blacksburg | Milledge 4x4.5 | 4BR,4BA | $1,050 |
Haven Blacksburg | D1 | 4BR,4BA | $1,190 |
Best Value Apartments for Rent in Downtown Blacksburg, VA
As of March 31, 2025 the best value apartment in the Downtown Blacksburg area is the $1.00 price per square foot One bedroom Model at Terpence Apartments in the in the Downtown Blacksburg neighborhood starting from $1,890. The second greatest value Downtown Blacksburg apartment is the Pearis Mountain - Unfurnished Bedroom Avail. Model at Park37 starting at $875 with a $0.59 price per square foot in the Downtown Blacksburg neighborhood. Here is today’s list of the best values for Downtown Blacksburg apartments based on price per square foot:
Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
---|---|---|---|
Terpence Apartments | One bedroom | 3BR,2BA | $1.00 |
Park37 | Pearis Mountain - Unfurnished Bedroom Avail. | 4BR,4BA | $0.59 |
1711 Apartments | 4 Bed 2 Bath - Individual Lease | 4BR,2BA | $0.56 |
The Retreat at Blacksburg | Birchmore 2x2.5 | 2BR,2.5BA | $0.99 |
310 Hampton Ct, Unit 310 | 310 Hampton Ct | 2BR,1BA | $1.20 |
Hub Blacksburg | 2x2 E | 2BR,2BA | $0.92 |
The Landing at Stonegate | 2x2 Furnished - Apartment | 2BR,2BA | $1.02 |
Stonegate and Carlton Scott Apartments | S2-R | 2BR,1BA | $0.73 |
The Edge | B1 | 2BR,2BA | $1.26 |
Maple Ridge Townhomes | 2 Bedroom Luxury | 2BR,1.5BA | $1.21 |
Quick Rent Budget Calculator
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Pet Friendly LifestyleDowntown Blacksburg, Blacksburg, VA
Ranked #1
Among neighborhoods in Blacksburg, VA for Apartment listings with Pet Friendly Amenities
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Lifestyle Ratings
ApartmentHomeLiving.com compares millions of points of data to bring you Lifestyle Ratings of rentals in metropolitan areas across the United States, including Blacksburg. Lifestyle Ratings show you the best fit for your needs and interests. This takes in many factors including filtering automatically for proximity to parks, luxury housing options, transit availability, pet-friendly communities, multifamily communities for the kids, and more. Use Lifestyle Search in the site filter options on this page - and find your Perfect place!
Getting Around the Downtown Blacksburg Neighborhood in Blacksburg, VA
Walk Score®
92 / 100
Walker’s Paradise
Daily errands do not require a car
Bike Score®
94 / 100
Biker's Paradise
Daily errands can be accomplished on a bike
Transit Score®
49 / 100
Some Transit
A few nearby public transportation options
What Are Walk Score®, Transit Score®, and Bike Score® Ratings?
- Walk Score® measures the walkability of any address.
- Transit Score® measures access to public transit.
- Bike Score® measures the bikeability of any address.
Frequently Asked Questions about Cheap Downtown Blacksburg Apartments
What is the price of a cheap apartment in Downtown Blacksburg?
The cheapest apartment in Downtown Blacksburg is Fieldstone Apartments - Income Limits Apply which is listed at $938, while the average apartment in Downtown Blacksburg costs $1,515.
What types of apartments are the cheapest in Downtown Blacksburg?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 82 regular apartments in Downtown Blacksburg that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Downtown Blacksburg?
Cheap apartments in Downtown Blacksburg have an average cost of $1,015 which is $500 cheaper than the average rent for all rentals in Downtown Blacksburg.
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.

Understanding Amenity Fees: Know Where You Might Be Able to Save Money
Written by: Amber Kanuckel
With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.

Renting Smart: Lease Basics Every Renter Needs
Written by: Christine Leonard, Esq.
Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

Battling the Butts: Your Guide to the Reality of Smoke-Free Renting
Written by: Andrea Lee Negroni, JD
While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

How Your Move-In Inspection Can Protect Your Security Deposit
Written by: Christine Leonard, Esq.
If you’re anything like most people, housing costs represent a huge chunk of your monthly budget. On top of that, moving can be both a stressful and expensive affair.