Cheap Homes for Rent in Downtown Blacksburg Neighborhood of Blacksburg, VA from $500 (9 Rentals)

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Search the lowest-cost Homes available for rent right now in the Downtown Blacksburg area of Blacksburg.

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Downtown Blacksburg, Blacksburg, VA Local Guide

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 ListingModel NameBed/BathPriced From
Fieldstone Apartments - Income Limits ApplyPreston (Independent Senior Living Age 55+)1BR,1BA$666
Hub Blacksburg2x2 E2BR,2BA$915
The Retreat at BlacksburgMilledge 4x4.54BR,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 ListingModel NameBed/BathPrice Per Sq.Ft.
1711 ApartmentsFurnished Individual Lease4BR,2BA$0.56
The Retreat at BlacksburgBirchmore 2x2.52BR,2.5BA$0.99
Ridgewood Village3A3BR,1BA$1.35
105 Tee St3x1.5 Townhome3BR,1.5BA$1.64
Fieldstone Apartments - Income Limits ApplyBluefield2BR,2BA$1.02
Apartment Heights2 Bedrooms Townhome2BR,1BA$1.20
Hub Blacksburg2x2 E2BR,2BA$0.92
The Landing at Stonegate2x2 Furnished - Apartment2BR,2BA$1.00
Stonegate and Carlton Scott ApartmentsS2-R2BR,1BA$0.73
Maple Ridge Townhomes2 Bedroom Luxury2BR,1.5BA$1.21

Quick Rent Budget Calculator

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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.

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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.

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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.

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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.

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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.