
Cheap Homes for Rent in Downtown Blacksburg Neighborhood of Blacksburg, VA from $500 (9 Rentals)
Search the lowest-cost Homes available for rent right now in the Downtown Blacksburg area of Blacksburg.


215 S Knollwood Dr, Unit 4102

1781 Liberty Ln
Smart Renter's Guide: Calculating Affordable Rent & Housing Costs
Wondering how to determine your rental budget? This comprehensive guide covers everything from the 30% rule to hidden fees and effective budgeting strategies.

1731 Liberty Ln

909 Montgomery St

1206 University Terrace
Navigating the Rental Market: Tips for First-Time Renters
Entering the rental market? Learn these simple tips and strategies to avoid common pitfalls and make confident choices. Rent with peace of mind.

104 Chowning Pl, Unit 104 Chowning

175 Clover Valley Cir

1213 University Terrace
Know Your Rights - How Discrimination Laws Impact Landlords and Tenants
Read our practical guide to landlord and tenant rights. Understand protected classes, reasonable accommodations, and legal exceptions to prevent housing discrimination.
Downtown Blacksburg, Blacksburg, VA Local Guide

How much does it cost to rent a home in Downtown Blacksburg?
Bedroom | Average Rent | Cheapest Rent | Highest Rent |
---|---|---|---|
Downtown Blacksburg 2 Bedroom Homes for Rent | $1,473 | $1,300 | $1,750 |
Downtown Blacksburg 3 Bedroom Homes for Rent | $2,247 | $1,650 | $2,800 |
Downtown Blacksburg 4 Bedroom Homes for Rent | $2,292 | $550 | $4,500 |
Browse Homes for Rent in this Neighborhood
There are currently 9 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 1 Bed unit found at Fieldstone Apartments - Income Limits Apply priced from $666. 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 |
---|---|---|---|
Fieldstone Apartments - Income Limits Apply | Preston (Independent Senior Living Age 55+) | 1BR,1BA | $666 |
Hub Blacksburg | 2x2 E | 2BR,2BA | $915 |
The Retreat at Blacksburg | Milledge 4x4.5 | 4BR,4BA | $1,050 |
Best Value Apartments for Rent in Downtown Blacksburg, VA
As of May 13, 2025 the best value apartment in the Downtown Blacksburg area is the $0.56 price per square foot Furnished Individual Lease Model at 1711 Apartments in the in the Downtown Blacksburg neighborhood starting from $735. The second greatest value Downtown Blacksburg apartment is the Birchmore 2x2.5 Model at The Retreat at Blacksburg starting at $1,255 with a $0.99 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. |
---|---|---|---|
1711 Apartments | Furnished Individual Lease | 4BR,2BA | $0.56 |
The Retreat at Blacksburg | Birchmore 2x2.5 | 2BR,2.5BA | $0.99 |
Ridgewood Village | 3A | 3BR,1BA | $1.35 |
105 Tee St | 3x1.5 Townhome | 3BR,1.5BA | $1.64 |
Fieldstone Apartments - Income Limits Apply | Bluefield | 2BR,2BA | $1.02 |
Apartment Heights | 2 Bedrooms Townhome | 2BR,1BA | $1.20 |
Hub Blacksburg | 2x2 E | 2BR,2BA | $0.92 |
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 | $1.21 |
Quick Rent Budget Calculator
How much rent can you afford?
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Frequently Asked Questions about Downtown Blacksburg
What type of rentals are currently available in Downtown Blacksburg?
There are currently 150 Apartments for Rent in Downtown Blacksburg, VA with pricing that ranges from $666 to $3,800. There are also 48 Single Family Homes for rent, Condos, and Townhome rentals currently available in Downtown Blacksburg ranging from $550 to $4,500.
What is the current price range for Rental Homes in Downtown Blacksburg?
Today's rental pricing for Homes for Rent, Condos and Townhomes in Downtown Blacksburg ranges from $550 to $4,500 with an average monthly rent of $1,728.
How much are larger Three and Four Bedroom Rentals in Downtown Blacksburg?
For those who are looking for larger living arrangements, Three Bedroom Apartments in Downtown Blacksburg range from $750 to $2,835, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,650 to $2,800. Four Bedroom Single-Family rentals are also available starting from $550 and Four Bedroom Apartments start at $785.
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.

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.

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.

Navigating the Rental Market: Tips for First-Time Renters
Written by: Sandy Baker
Making the decision to rent is exciting and terrifying at the same time. For many people, there are a lot of unknowns.

Rise of Digital Nomads: Remote Work Tips for Apartment Renters
Written by: Brandie Parton
As a digital nomad, you no longer call a set address or office building your home for eight hours of the day or more.