Cheapest Neighborhoods in Blacksburg, VA
Some of the cheapest neighborhoods in Blacksburg are Tom's Creek, Downtown Blacksburg, and McBryde. These neighborhoods offer some of the lowest rent prices in Blacksburg, making them ideal for renters on a budget. As of September 15, 2026, the average rent in Blacksburg is $1,294, which is 2.2% higher than last year. However, it's important to remember that rental prices can vary significantly based on factors such as location, amenities, and floor plans.
Tom's Creek
Average Rent
$1,357/Month
Units Available
12 Rentals
When you’re looking for a great Blacksburg neighborhood on a budget, check out Tom's Creek. The average rent is $1,357, compared to the city average of $1,294. Tom's Creek is convenient to Roanoke/Blacksburg Regional (Woodrum Field), North End, and University Crossroads.
Downtown Blacksburg
Average Rent
$1,393/Month
Units Available
25 Rentals
Downtown Blacksburg is an affordable neighborhood in Blacksburg with an average rent price of $1,393. Compare this to the city average of $1,294. Downtown Blacksburg provides easy access to Virginia Tech, Virginia Tech Geosciences Museum, and Roanoke/Blacksburg Regional (Woodrum Field).
McBryde
Average Rent
$1,406/Month
Year-Over-Year Rent Change
0.1%
Units Available
18 Rentals
If you’re looking for a great, affordable neighborhood in Blacksburg, McBryde might be the perfect place! It has an average rent price of $1,406, while the city’s average stands at $1,294. In the last year, prices have increased by 0.1%. McBryde is near North End, Roanoke/Blacksburg Regional (Woodrum Field), and New River Community College.
Kabrich Crescent
Average Rent
$1,425/Month
Year-Over-Year Rent Change
3.2%
Units Available
13 Rentals
Kabrich Crescent is a top choice for budget-conscious renters for a variety of reasons. The average rent in Kabrich Crescent is $1,425 while the city average is $1,294. This is a 3.2% difference from last year. Residents enjoy convenient access to Roanoke/Blacksburg Regional (Woodrum Field), Patrick Henry Shopping Centre, and Virginia Tech.
University/Airport
Average Rent
$1,573/Month
Year-Over-Year Rent Change
0.5%
Units Available
12 Rentals
When you’re looking for a great Blacksburg neighborhood on a budget, check out University/Airport. The average rent is $1,573, compared to the city average of $1,294. Rent prices have increased by 0.5%. University/Airport is convenient to Roanoke/Blacksburg Regional (Woodrum Field), College Square, and Roanoke College.
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Methodology
Transit Score measures access to public transit. Scores range from 0 (minimal transit) to 100 (rider’s paradise). Learn more about the Transit Score methodology. Rental data is sourced from CoStar Group’s Market Trend reports. As a leading authority in commercial real estate information, analytics, and news, CoStar performs in-depth research to build and sustain an extensive database of commercial real estate insights.
We've combined this data with public records to provide the most current rental information available.